Mitsui Fudosan held a groundbreaking ceremony on the 21st for the redevelopment of the British Library in central London. The project will build a large mixed-use complex, with an investment of 1.1 billion pounds, or roughly 230 billion yen, expected to be the company's largest project in Europe. The British Library boasts one of the world's largest collections, and the complex will have one basement floor and 11 floors above ground, with completion slated for 2032. In addition to the library, it will house offices and corporate research facilities. The British Library is adjacent to the station served by Eurostar, the international rail service linking Britain and continental Europe, and major pharmaceutical companies and artificial intelligence-related firms have clustered in the area, drawn by the transport convenience.
Mitsui Fudosan Co., Ltd.Mitsui Fudosan breaks ground on its largest-ever European project, a £1.1 billion mixed-use redevelopment of the British Library.
