J Sainsbury plc has been granted permission by Southwark Council to redevelop its former headquarters building in Stamford Street, paving the way for a new Sainsbury’s Central supermarket for SE1 residents.
Sainsbury's is in the process of relocating its headquarters staff to a new building at Holborn Circus, which will permit the redevelopment of the various buildings occupied by the company in Stamford Street.
Ian Coull, a Director of J Sainsbury plc, said: "We are delighted that we have now been given the go-ahead to proceed with our proposals, which form an important stage in the regeneration of this part of Southwarkâ€
He continued: "The plans comprise a single, medium rise building of five storeys, rising to eighteen storeys at the north-east corner, close to the bridge. As well as 375,000 sq ft of modern, flexible office space, the redevelopment provides a new public open space and a 10,000 sq ft Sainsbury's Central supermarket. The project is estimated to take approximately 30 months to deliver, including a six month demolition programme."
Crucially for many residents, he added: "The introduction of a Sainsbury's Central Store will plug a retail gap in the area, allowing local people to shop locally. This emerged very clearly throughout our consultation process as a major perceived benefit for the local community."
Foster & Partners are the architects for the scheme. Their previous work in SE1 includes the new City Hall at Tower Bridge and the Millennium Bridge.
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