View source for Broadgate

{{Short description|Office and retail estate in the City of London}}
{{Use dmy dates|date=November 2014}}
{{Use British English|date=November 2014}}
{{Other places}}
[[File:Broadgate Circle.jpg|thumb|Broadgate Circle]]
'''Broadgate''' is a large, {{convert|32|acre|ha|0|sing=on}} office and retail estate in the [[Bishopsgate]] area of the [[City of London]]. It is owned by [[British Land]] and [[GIC (Singaporean sovereign wealth fund)|GIC]] and managed by British Land.<ref>{{Cite web |url = https://www.savills.co.uk/insight-and-opinion/savills-news/241269/savills-acquires-british-land-s-third-party-property-management-portfolio |title = Savills acquires British Land's third-party property management portfolio |publisher=[[Savills]]}}</ref>

==History==
The original developer was a joint venture of [[Rosehaugh]] and [[Stanhope plc]]:<ref>{{cite news|url=https://www.standard.co.uk/business/markets/sir-stuart-lipton-the-veteran-property-developer-with-a-vision-for-a-swathe-of-rundown-london-9920001.html|title=Sir Stuart Lipton: The veteran property developer with a vision for a swathe of rundown London|date=12 December 2014|newspaper=The Evening Standard|access-date=15 May 2024}}</ref> it was built by a [[Bovis Construction|Bovis]] / [[Tarmac Group|Tarmac Construction]] joint venture<ref>{{cite web|url=https://www.glix.hu/stock-image/GLIX-115-D1EB48/cranes-and-blue-sky-on-a-large-construction-site-at-broadgate-development-in-the-city-of-london-looking-up-from-a-low-angle-we-see-just-two-clouds-in-an-otherwise-blue-sky-with-four-of-the-projects-cr-stock-photo|title=Cranes and blue sky on a large construction site at Broadgate development in the City of London|publisher=Glix| access-date=15 May 2024}}</ref> and was the largest office development in London until the arrival of [[Canary Wharf]] in the early 1990s. The original scheme was designed by [[Arup Group|Arup Associates]], Team 2, which was headed by [[Peter Foggo]], who later left Arup to set up his own practice Peter Foggo Associates, where he completed the initial phase of works.<ref>{{cite web|url=http://www.foggo.com/practice/history |title=Practice History of Foggo Associates |website=Foggo.com |date= |access-date=7 December 2016}}</ref>

==Location==
[[File:broadgate centre london.jpg|thumb|right|Part of the Broadgate Centre, viewed from the top of the [[Willis Building (London)|Willis Building]] in 2006. The cranes for the new [[Broadgate Tower]] can be seen in the background.]]
The modern and mainly-pedestrianised development is located on the original site of [[Broad Street railway station (London)|Broad Street station]] (closed in 1986) and beside and above the railway approaches into [[Liverpool Street railway station|Liverpool Street station]]. The perimeter of the managed estate is [[Bishopsgate]] to the east, Sun Street, Appold Street and the eastern part of Worship Street to the north, the southern part of Wilson Street to the west and Eldon Street and Liverpool Street to the south. Included in the estate are Broadgate Circle and Exchange Square.<ref>{{cite web|url=https://www.broadgate.co.uk/getting-here/around|title=Getting around broadgate|publisher=Broadgate|access-date=15 May 2024}}</ref>

Boundary changes which came into effect in 1994 now place the entire estate within the [[Bishopsgate]] area of the [[City of London]], previously was in the [[Shoreditch]], in the [[London Borough of Hackney]].<ref>{{Cite legislation UK|type=si|number=1445|si=The City and London Borough Boundaries Order 1993|access-date=21 February 2021|year=1993|date=28 May 1993}}</ref>

==Ownership==
Several different companies, including [[British Rail]], have participated in the development of the estate. Between 2003 and 2009 the whole estate was owned by [[British Land]], which has been involved since 1984. Statistics from British Land indicate that the estate provides {{convert|360000|m2|sqft|-5|abbr=on}} of office, retail and leisure accommodation spread over {{convert|129000|m2|acre|0|abbr=on}} and more than 30,000 people are employed there.<ref>[http://www.britishland.com/property/london_offices/city Broadgate (50% owned)]  {{webarchive|url=https://web.archive.org/web/20100304183446/http://www.britishland.com/property/london_offices/city|date=4 March 2010}}</ref> In October 2009, British Land sold a 50% share of the estate to the [[Blackstone Group]].<ref>[http://www.britishland.com/investors/broadgatejv Strategic Partnership for Broadgate]  {{webarchive|url=https://web.archive.org/web/20100109184232/http://www.britishland.com/investors/broadgatejv|date=9 January 2010}}</ref> In 2014, [[GIC (Singaporean sovereign wealth fund)|GIC]] agreed to acquire the 50% interest in Broadgate owned by the Blackstone Group.<ref>[http://www.britishland.com/media/news/2013/24-12-2013.aspx British Land and GIC Sign Joint Venture Agreement for Broadgate] 24 December 2015  {{webarchive|url=https://web.archive.org/web/20140226202727/http://www.britishland.com/media/news/2013/24-12-2013.aspx|date=26 February 2014}}</ref>

==Buildings==
[[File:RichardSerra Fulcrum.jpg|thumb|The Broadgate site features several works of public art, the largest of which is [[Richard Serra]]'s {{convert|55|ft|m|abbr=on}} high, free standing sculpture, ''[[Fulcrum (sculpture)|Fulcrum]]''.]]
The {{convert|538|ft|m|sing=on}} [[Broadgate Tower]], the 5th-tallest building in the City after the [[Heron Tower]], [[Tower 42]], [[122 Leadenhall Street|The Leadenhall Building]] and [[30 St Mary Axe]] was completed in 2008 and has added more than {{convert|820000|sqft|m2|abbr=on}} of commercial floorspace to the estate. This building stands over the railway tracks out of Liverpool Street station.<ref>{{Cite web|url=https://www.skyscrapercenter.com/building/the-broadgate-tower/3257|title=Broadgate Tower|publisher=Skyscraper Center|access-date=15 June 2019}}</ref>

In early 2011 there was controversy over the redevelopment of the site of a [[Peter Foggo]] building, when it was suggested by the City of London's Chief Planning Officer Peter Rees and [[Ken Shuttleworth (architect)|Ken Shuttleworth]] that Peter Foggo would have been pleased that the building would be demolished.<ref>{{cite web|url=https://www.theguardian.com/uk/2011/may/12/broadgate-demolition-plan-row|title=Heritage or horror? Row over Broadgate demolition plan|last=Booth|first=Robert|work=[[The Guardian]]|access-date=4 May 2020}}</ref>

The headquarters of Swiss bank [[UBS]] are situated at [[5 Broadgate]], a steel-clad groundscraper designed by [[Ken Shuttleworth (architect)|Ken Shuttleworth]] of [[Make Architects]].<ref>{{Cite web|title=5 Broadgate|url=https://www.makearchitects.com/projects/5-broadgate/|access-date=2022-02-09|website=[[Make Architects]]}}</ref>

==Events==
On 7 August 2010, Broadgate became host to the twice-monthly Broadgate Farmers' Market.<ref>{{cite web|url=http://www.lfm.org.uk/markets/broadgate/|title='Broadgate Farmers Market'|access-date=21 November 2014}}</ref>

In the winter months Broadgate Circle used to host Broadgate Ice; London's only turn up and skate ice rink. In November 2017, Broadgate installed their first Christmas market. <ref>{{cite web|url=http://thewinterforest.broadgate.co.uk/|title='The Winter Forest - Broadgate'}}</ref>

==Arts Programme==
In 2012, Broadgate announced the Broadgate Art Trail which would showcase 16 artworks over a 32-acre plot.<ref>{{Cite web|last=Moss|first=Abigail|title=Broadgate Art Trail: Broadgate the place to be?|url=https://www.theupcoming.co.uk/2012/06/22/broadgate-art-trail-broadgate-the-place-to-be/|access-date=2021-03-06|website=The Upcoming}}</ref>

==References==
{{reflist}}

==External links==
{{Commons category-inline|Broadgate, London}}
*[http://www.broadgate.co.uk/ Official website]
*[https://web.archive.org/web/20100312040304/http://www.britishland.com/property/developments/devbroadgate 201 Bishopsgate and the Broadgate Tower]
*{{oscoor gbx|TQ331819}}

{{City of London}}
{{coord|51.519|-0.0835|region:GB_scale:1000|display=title}}

[[Category:Buildings and structures in the City of London]]
[[Category:Districts of the City of London]]
[[Category:Redevelopment projects in London]]
[[Category:Privately owned public spaces]]
[[Category:British Land]]