Citi to spend $100 million on revamping London tower block

Citi to spend $100 million on revamping London tower block

Citi is to undertake a $100 million refurbishment of its skyscraper in Canary Wharf, reflecting optimism about Britain's role in a post-Brexit future and a switch to more flexible working practices in the wake of the pandemic.

Set to house 9000 staff, the revamped tower block will embrace flexible work and collaboration spaces, alongside well-being zones for employees.

“Our aim is to create an environmentally sustainable, innovative and exciting place to work, incorporating modern design, state-of-the-art technology, and best practices in employee and client spaces,” says David Livingstone, Citi’s Emea CEO. “Citi Tower is a significant investment in our people and our growing business in the UK and the broader Emea region.”

Citi purchased the 42-story office tower at 25 Canada Square in 2019. The decision to refurbish the building and bring it up to modern efficiency and