City of London Plans for Life After Covid as Its Offices Empty

  • Financial district announces five-year reinvention plan
  • District aims to create 1,500 residential units by 2030
A bus travels along an empty street in the City of London, U.K., on April 13.Photographer: Jason Alden/Bloomberg
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The City of London is planning for life after the pandemic.

The overseers of the sparsely-populated area announced plans on Tuesday to build at least 1,500 homes in the next decade, along with exploring new ways to repurpose empty space. It’s already flagged ambitions to develop 122,500 square meters (1.3 million square feet) of shopping space over 15 years.