The proposed scheme, designed by Foster + Partners will accommodate a single 54,940m² (591,000ft²) lower rise office building offering large floor plates and flexibility to occupiers. The building has the potential to deliver a single head office location or a multi-tenant building.

Complementing the 16-storey office building are 243 private apartments in an elegantly designed residential tower, with an additional 56 affordable units located on site.

The new scheme creates a main square for Principal Place at street level and opens up the area, creating a vibrant public realm with 2,500m² (27,000ft²) of retail units and restaurants.

In line with the consented scheme, the new application will preserve 233 Shoreditch High Street (The Light Bar Building), ensuring the restored building is reinstated to its status as a bookend building at the southern end of Shoreditch High Street.