The new development will sit above one of London's biggest transport interchanges.
Plans have been submitted to City of London Corporation for five floors (120,000 sq ft) of column-free new office space with a large reception area and retail units at ground floor. The scheme, designed by PLP Architecture, is intended to create a well-proportioned backdrop to the listed Smithfield Market.
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Separate to the over-site development plans, a range of public realm improvements will also be carried out to improve pedestrian areas around the new development.
Once Crossrail services begin in 2018, Farringdon will be at the heart of London's rail network linking Crossrail, Thameslink and London Underground services and creating direct connections with three of London's five airports.
Crossrail Land & Property Director Ian Lindsay said: "Crossrail will help transform Farringdon into one of London’s biggest transport interchanges and a destination in its own right. The Lindsey Street scheme offers another significant development for Farringdon, creating high-quality commercial space above the world-class new transport links Crossrail will bring the City of London."
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