The British Library’s £1.1bn expansion plans have received a significant boost after securing the backing of Japanese developer Mitsui Fudosan.
The project, which was approved by Camden Council last year, will deliver around 100,000 sq ft of new public space.
The redevelopment will include an expanded library area and new learning, research and commercial space on the Kings Cross site, along with a new foyer and public entrances.
Rebecca Lawrence, chief executive of the British Library, said: ‘Our partnership with Mitsui Fudosan will enable us to fulfil our long-held vision to extend the library’s site in St Pancras.
‘The plans will open up the Library even further, creating an expanded national library with state-of-the-art new spaces, harnessing the power of collaboration to build a new public realm linking communities and the Knowledge Quarter and deliver significant investment in the UK.’
