"The South Bank is London's vibrant and thriving creative and cultural quarter, which ITV has been proud to be a part of for more than 45 years. I have a personal affinity with the South Bank through the arts and, in recent years, with ITV. I'm thrilled that we are set to build a fantastic new headquarters on our existing site, which will be our home for many decades to come and we look forward to continuing to discuss these exciting new plans with our neighbours, and other lead stakeholders, over the coming months."
ITV Executive Chairman, Sir Peter Bazalgette
To bring together our London colleagues under one roof for the first time, by creating a new global headquarters that will serve our needs as well as enhancing Lambeth and the South Bank cultural quarter.
London Television Centre (LTVC), our South Bank building, is more than 45 years old. Although it has served us well in many ways, it’s starting to show its age:
Our business has grown and evolved considerably and LTVC no longer gives us the kind of space, facilities, or collaborative environment that we need.
We are fragmented across a number of London sites - we have around 1,500 employees at LTVC and approximately 900 elsewhere in Central London, as well as freelancers and third party service providers who work across our various London locations.
The building is inefficient and expensive to run, requiring major plant replacement and upgrades throughout.
Our commitment to the South Bank
The redevelopment of the current site will allow us to return to our historic London home on the South Bank for the long-term, bringing more jobs to Lambeth and continuing our contribution to the South Bank cultural quarter.
Our redevelopment proposals
We intend to develop LTVC to provide a modern London headquarters for our staff, including office space and facilities for our ITV Studios Daytime programmes. A new residential building is also proposed in the location of the existing office tower. A new publicly accessible square and a new pedestrian route to the River Thames are also included.
The key benefits can be summarised as:
Delivering a new global headquarters building for ITV to increase current jobs on site increasing current jobs on site from circa 1,500 to some 3,000 people, including studio space for our ITV Studios Daytime programmes, such as Good Morning Britain and This Morning.
Retaining ITV, with its £1 billion annual commissioning budget, as part of the cultural quarter on the South Bank and associated studio/creative space.
Creating a new publicly accessible square suitable for screenings, events and ‘pop up art’ celebrating the South Bank cultural quarter.
Enhancing the riverside walk and creating a new pedestrian access route to the River Thames.
Contributing over £7 million annually in local business rates to the London Borough of Lambeth.
Providing a potential catalyst for other small production companies and supporting services.
Contributing to fulfilling London’s pressing need for housing with new homes.
Subject to gaining planning permission we intend to begin demolishing the buildings in late 2018 and have our new buildings complete and ready for occupation sometime in 2022/23.