Innovation in property formats will certainly be needed as the melding of the powerful forces of technology and communications, alter the way business is conducted and transacted. We are already witnessing the growth of new taxonomies — local fulfilment depots, distribution parks, retail showcases, touchdown centres, commercial villages, loft offices, [and] leisure quarters.

We are already witnessing the growth of new taxonomies — local fulfilment depots, distribution parks, retail showcases, touchdown centres, commercial villages, loft offices, leisure quarters and, of course, the latest thing in restaurants, the tetra-bytes.

BT wants to build a telecommunications museum in Alexander Graham Bell's old home in Charlotte Street, where a "touchdown" centre with club facilities and accommodation is proposed for business travellers.