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City office tower to boost biodiversity

28th June 2024

AXA IM Alts is set to start work on a City of London office tower, with ambitious biodiversity elements.

The French investment manager said its 650,000 sqft Fifty Fenchurch Street project would be “one of the lowest carbon and most biodiverse high-rise towers in the UK”. 

The building will incorporate gardens and planted terraces up to level 32 with greenery extending up to the top of the building. Landscaped gardens at ground and level 10 will be complemented by more than 40 occupier terraces that will bring more than 70 different species of plant life to the site.

AXA will target BREEAM Outstanding and net zero in operation certification for the building.

Legislation introduced this year means developers in England must create 10% biodiversity net gain in their projects.

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