City MP throws his weight behind Broadgate campaign
MARK Field, the MP for the Cities of London and Westminster, has thrown his weight behind our campaign to allow a new development on the Broadgate estate.
Field, whose constituency is home to the 1980s development, said English Heritage was wrong to recommend the site for a Grade II* listing last week.
If culture secretary Jeremy Hunt decides to follow the advice of English Heritage and protects the estate, then investment bank UBS will have to abandon plans to build a new £340m headquarters on the site of two buildings earmarked for demolition.
“I don’t think it makes sense to list the Broadgate site. Great though it was, it is now 25 years old and we need to show London is open for business,” Field told City AM.
Field stressed that planning decisions were “rightly a matter for the local authority”, in this case the City of London, which has approved plans for a new 700,000 square foot building to house UBS.