Plans in for retrofit of former HSBC tower
8 Canada Square would become mixed use office and hotel destination
19 August 2026
Plans have been submitted for the retrofit of 8 Canada Square at Canary Wharf, transforming the former HSBC headquarters into more than one million sq ft of office, hotel, hospitality and other uses.
The application to the London Borough of Tower Hamlets proposes a comprehensive reworking of the landmark tower following HSBC's planned departure in 2027.
Rather than replacing the existing building, the project would retain and adapt the tower to create a multi-tenant workplace alongside hotel accommodation, food and beverage outlets and leisure, entertainment, education and cultural uses.
The proposals also seek to substantially change the relationship between the building and Canary Wharf's public realm, including the creation of a new publicly accessible route connecting the nearby Elizabeth line station with Canada Square Park. Public access to elevated views across London would also be introduced for the first time.
Designed by Foster + Partners and completed in 2002, 8 Canada Square was developed specifically as HSBC's global headquarters, consolidating around 8,000 employees within a single building.
The bank's departure therefore presents the owners with the challenge of adapting a building conceived for one major corporate occupier to meet a workplace market increasingly focused on flexible space, amenities, sustainability and access to outdoor areas.
KPF is leading the architectural proposals for the transformation. Its plans would retain the tower's existing structure while introducing a much broader mix of uses and significantly increasing planting and access to external space throughout the building.
Planning documents identify the scale and structural robustness of the existing tower, together with its proximity to public transport, as important factors supporting its reuse.
The proposals also respond to changing occupier requirements in the prime office market, with terraces, natural light, biophilic design and shared amenity increasingly forming part of the specification expected from high-quality workspace.
At 8 Canada Square, this would include an ambitious approach to vertical greening intended to extend the landscape of Canada Square Park upwards through the building and provide users on multiple levels with access to planting, open air and views.
A hotel would add another significant use to the former headquarters. Planning documents argue that Canary Wharf remains relatively underserved by hotels given the scale of its international business community. The hotel and associated restaurants, bars, wellness and event facilities are also intended to generate activity outside conventional office hours and contribute to the district's growing evening economy.
The project comes as Canary Wharf continues its transition from a predominantly office-led financial district towards a broader mixed-use destination incorporating homes, leisure, hospitality and cultural uses.
The redevelopment of 8 Canada Square would extend that transformation into one of the estate's most recognisable existing office buildings. It also represents a significant example of the increasing emphasis on retaining and repositioning major commercial buildings rather than demolishing and replacing them, particularly where existing structures remain capable of supporting substantial changes of use.
The planning application, reference PA/26/01142/NC, is now before Tower Hamlets Council.
