Khan speaks out against office to resi
Wed 29th June 2016, 4:41 pm
Looking to protect office space in the capital, the new Mayor of London, Sadiq Khan, has taken a stance against office to residential regulations.
Figures published by the Greater London Authority indicate that almost 1.47 million sq m of office space has been converted for residential use since 2013.
Khan is looking to amend the London Plan to provide more protection for smaller offices and start – up workspaces. He further stated that the conversion to homes has cost the capital 94,000 jobs.
He said: "Of course we need new homes, but this does not need to be at the expense of the space we need for the businesses that provide our jobs and drive our prosperity.
"Space which is genuinely surplus to commercial needs should be identified authoritatively and its release carefully managed so that it does not undermine local business."
The Greater London Authority will attend the next Sitematch London event on 8 February 2017.