BNF Capital (‘BNF’) and Morgan Real Estate (‘Morgan’), received a unanimous planning consent at Camden’s planning committee on 7th August for their proposal to comprehensive repositioning of its 19 Charterhouse Street project in Farringdon, London.
A short walk from Farringdon station, the building is located on the corner of Charterhouse Street and Farringdon Road. The site lies opposite London’s historic Smithfield area, soon to be home to the new Museum of London, which will open its doors in 2026.
The DSDHA designed scheme will involve an extensive retrofit and extension to create 85,000 sq ft of high-quality, low carbon Grade A office space alongside 8,500 sq ft for retail and affordable jewelry units. Construction is expected to begin in Q1 2026. The office element will feature generously planted and biodiverse private and communal terracing that overlooks Farringdon and the City of London, alongside strong sustainability credentials including NABERS 5*, BREEAM Outstanding, WiredScore and WELL Platinum certifications.
The public realm will be enhanced through more active frontage at both Ground and Lower Ground level. The scheme also proposes reconnecting the historic Saffron Hill route to the wider area, which runs from Charterhouse Street to Clerkenwell Road. BNF, in partnership with Morgan, acquired the property in January 2023 from Derwent
London in an off market transaction. BNF and Morgan have worked together since 2013. 19 Charterhouse Street is one of two developments they expect to start in the next six months, together with 12 Berkeley Street, W1. These follow on from the recent completion of 20 Kirby Street. Colin Opp, Investment Manager at BNF Capital, commented: “BNF couldn’t be more thrilled on the outcome. This scheme is a testament to the continued evolution of Farringdon by the Elizabeth Line and soon the Museum of London. We are also proud of the collaborative efforts of all those involved to make this a truly iconic corridor into Hatton Gardens a reality. We are very much looking forward to commencing works on site.”
Alex Morgan, Managing Partners at Morgan Real Estate, commented: “BNF Capital and Morgan Real Estate are delighted with the outcome of the planning committee, and the result reflects both the quality of the proposal as well as the collaborative approach that the design team and Camden officers took to the pre-application process. Our plans reflect our commitment to creating forward-thinking, sustainable state-of-the-art office environments that will continue to meet the evolving demands of occupiers and stand the test of time, reflecting the long term view that underpins our real estate strategy.
