Aldgate was one of the 7 historic London city gates through the London defensive wall from Roman Empire times. The name is believed to be derived from ‘Ale-gate’ which literally signifies ‘open to all’. In past years, Aldgate has been referred as the less glamorous part of the city however today this changing rapidly with ongoing investments in the area and popularity of Shoreditch on its door step as a trendy, creative hub.
Aldgate is the gateway to UK’s most dynamic
business centre – the City- and lively East London boroughs via Whitechapel.
Since last year Aldgate is going through major development work, with the aim
of making the area more pedestrian and cyclist friendly. The significant investment
on public transport and road infrastructure will continue until Autumn 2017, as
well as exciting new public realm and mixed-use developments coming out of the
ground. These impressive changes in the surrounding areas and increasing
business population will continue to enhance the nature of Aldgate with
increasing demand for residential developments and most certainly office
Figures from the Office for National Statistics
state that the City’s total working population is anticipated to increase by
96,000 people by 2026. This impressive trend is rather expected for Aldgate,
since it is perfectly located between the traditional “City” businesses as well
the innovation driven “Tech City”. This diverse and growing working population
also create demand for flexible office spaces and serviced offices in City of London.
Serviced offices’ offerings are in great benefit for Aldgate’s growing and
changing population such as flexible terms, leading IT and telecom services,
and security. Alongside being surrounded by a network of companies with a
similar vision, being based ‘in Aldgate’ means being based ‘in opportunities’.
Aldgate falls within the Mayor of London’s 33 opportunity areas, giving rise to
many renovations and developments, which continuously increase the value of the
in the area
The “Minories Estate” redevelopment involves converting the
area into a 500,000- sqft mixed-use scheme, including office and retail
buildings, 380-bedroom Hampton by Hilton and a residential building providing
87 flats. The new three-building scheme will be known as Minories London and is
located only minutes away from New Broad Street and Procter Street.
Goodman’s Fields is another development in
Aldgate area, offering a mixed-use urban district with a selection of studios,
one, two, and three bedroom apartments and penthouses together with new retail
commercial space, a student accommodation platform and a hotel. Thanks to
its proximity to the City, the development promises to welcome many businessmen/women
when it reaches to completion in Q3 2019.
The Scalpel located on 52-54 Lime Street due to
be completed in 2017, is designed to be a 190 metres tall commercial office
development with an internal floor area of 624,200 sqft over 35 office floors.
The new promising landmark skyscraper of London will also include a restaurant
and retail area, as well as a public square. Next to creating much needed
office spaces for the ever increasing City population, The Scalpel promises to contribute
to the overarching branding of the area.
These are just a few of the many exciting
developments and renovations taking place in Aldgate and in the City. To get
your own space,call us now to check the available serviced offices in City of
London and be a part of the thrilling new era and promise that Aldgate offers.
Article image sourced from: http://www.e-architect.co.uk/