Press release

KONE to equip 1 Appold Street redevelopment in the City of London

November 12, 2026

 

 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to supply elevators for the redevelopment of 1 Appold Street, a landmark office building at Broadgate in the City of London. The scheme is one of the final major projects in the transformation of British Land’s Broadgate campus, one of the best-connected business destinations in central London.

Developed by British Land and built by Skanska, with Adamson Associates as executive architect, the project reimagines a postmodern 1980s building as a Grade A, best-in-class headquarter workspace. The existing eight-story structure will be transformed into a 14-story building, adding six stories while retaining around 75% of the original structure. The redevelopment targets BREEAM Outstanding, NABERS 5-star energy and EPC A ratings.

KONE was engaged early to support the design phase, building on its strong relationships with British Land and Skanska.

"Retrofitting elevators into an existing building calls for close collaboration and careful planning from the earliest design stages," says Karla Lindahl, EVP Europe at KONE. "We are proud to support the transformation of 1 Appold Street and to help create a best in class, sustainable workplace in one of London’s most dynamic business campuses."

The redevelopment reflects a growing trend in London to upgrade and extend existing office buildings rather than replace them while still delivering a high quality building that feels brand new. The project has been driven by sustainability priorities and looking to secure demand for high-quality sophisticated occupiers. The office space at 1 Appold Street has been pre-let to global law firm Herbert Smith Freehills Kramer.

KONE will deliver 14 KONE MonoSpace® DX Performance elevators, which will utilise KONE Office Flow to ensure smooth and efficient people flow for around 2,300 people daily. Real-time equipment data via KONE E-Link monitoring and KONE 24/7 Connect will support reliable and predictable building operations. 

KONE booked the order in the second quarter of 2026. Work on site is scheduled to begin in February 2028, and the building is expected to be completed in the first quarter of 2029.

For further information, please contact:

Eveliina Linderborg, Senior Vice President, Communications, KONE Corporation, +358451722151, media@kone.com.

Read more:

https://www.kone.com/en/news-and-insights/releases/

About KONE 

At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2025, KONE had annual sales of EUR 11.2 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

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