Architect Foster & Partners has been chosen to design the landmark office scheme on the former Bucklersbury House site owned by life insurer Legal and General.

According to reports expected to be confirmed in a official announcement this week, Bloomberg is planning to build a 500,000 sq ft office building to house studios for its broadcast services. Demolition has already started at Bucklersbury House.

Legal and General had already worked up a detailed scheme for the site nicknamed “Darth Vader’s Helmet”, in partnership with Spain’s largest developer Metrovacesa, but this fell by the wayside when the firm pulled out last year.

The existing permission is for 875,000 sq ft of offices across four buildings, including a 22-storey tower and 95,000 sq ft of retail.

Fosters will now redesign the scheme to suit Bloomberg’s requirements.