Posted on April 3, 2014 by Rob Powell
THE FCA is to move its headquarters to new offices at the Olympic Park in East London.
The financial regulator will leave its current base in Canary Wharf to move in to 430,000 sq ft of offices in The International Quarter (TIQ), Stratford.
Reports say that the move won’t take place until 2018 when the current lease in the North Colonnade at Canary Wharf comes to an end. The FCA is a successor body to the old FSA and employs almost 3,000 staff.
The International Quarter, Stratford City, is a new 22-acre, £1.3billion project from Lend Lease and LCR which will be home to 4 million sq ft of flexible commercial office space.
The commercial district is part of the Queen Elizabeth Olympic Park, large swathes of which will become open to the public as of April 5th.
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Posted on March 28, 2014 by Rob Powell
THE TOPPING out ceremony has been held for a brand new twelve-storey office block in the City of London.
Number 5 Broadgate will provide 700,000 sq ft of Grade A office space for occupants UBS when it’s completed next year.
The Make-designed office block has four trading floors and will allow UBS to consolidate its London operations in to one building.
The British Land development is the latest addition to the 32-acre Broadgate estate of offices and retail in the City, next to Liverpool Street station.
Construction work began on 5 Broadgate back in March 2012 and permission for it was granted in the fourth quarter of 2010.
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Posted on March 27, 2014 by Offices.org.uk
SERVICED office provider United Business Centres have opened a new business centre in Birmingham.
The fit out has recently been completed on 65 Church Street which is now able to offer 33 offices and 148 workstations.
The period building in the city’s “jewellery quarter” was formerly formerly a Diocesan Lodge of the Girls’ Friendly Society.
Tom Mulvaney, Managing Director of United Business Centres, said: “We are delighted to bring 65 Church Street to the market and feel it will provide an ideal solution for small or medium businesses looking for a professional base in the UK’s second city.”
UBC now has sixteen business centres around the country, including two others in Birmingham.
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Posted on March 26, 2014 by Offices.org.uk
OVER 200,000 sq ft of office space in a new landmark building have been approved by Leeds City Council.
Planners have given the go-ahead to a detailed planning application for Roydhouse’s Central Square redevelopment project on the old Lumiere site in the city.
The mixed use building, designed by Leeds-based DLA Design, will combine high quality offices with a restaurant and also leisure facilities at lower levels.
The 11-storey building will also include atria, a winter garden with green wall and a green roof on one elevation.
Richard Thornton, of property agent JLL, commented to the Yorkshire Evening Post: “We are confident Central Square’s design will play a very important role in contributing to the city’s evolving skyline.
“Without a doubt this will be the most iconic building in Leeds for number of years and we are currently in talks with a number of interested occupiers.”
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Posted on March 19, 2014 by Offices.org.uk
ARCHAEOLOGISTS have discovered a number of exciting finds in Northampton at the site of brand new council offices.
A team from the Museum of London Archaeology (MOLA) have excavated a medieval back yard and discovered a bread oven, medieval pottery and a collection of bronze pins.
The dig is taking place in Fetter Street, where a new £43million office building for Northamptonshire County Council will be built.
Andy Chapman, MOLA Archaeologist, said that the project “is providing a rare opportunity to look at the back streets of the medieval town, occupied by rows of small houses or cottages with their backyard plots, and to explore the everyday lives of the average medieval Northamptonian.”
The excavation will continue until August.
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Posted on March 11, 2014 by Offices.org.uk
WINDOW cleaners had to be rescued by the fire brigade yesterday after they were left dangling outside an office block in London.
The cradle had become stuck with two male workers on it outside the third floor of an office building in Great Tower Street in the City of London.
The two were eventually helped down to safety by specialised rope safety crew from the London Fire Brigade.
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Posted on March 10, 2014 by Offices.org.uk
SERVICED office provider Targetspace has announced a ten-year lease at Lion Court in Holborn, London.
The new business centre will span three floors of the five storey building, providing 280 workstations.
Targetspace Managing Director Stephen Finnegan said: “We are extremely pleased to have signed on this fantastic building, in such a prime location – Lion Court is close to both the City and the West End and is well serviced by the London Underground, being only minutes’ walk to Holborn station which is ideal.”
Targetspace’s other London business centres are in Wembley, the West End, the City of London and Canary Wharf.
The refurbishment at Lion Court, Procter Street, should be complete by the end of March.
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Posted on February 13, 2014 by Offices.org.uk
THE SHARD in London has announced a slate of new tenants meaning it is now half full.
The new occupants for the country’s tallest building include broadcasters Al Jazeera, intellectual property lawyers Mathys & Squire and energy company South Hook Gas.
They will be joined by venture capital group Foresight and the world’s largest hospital group, HCA. In all, 170,000 sq ft of office space have been let in the skyscraper.
Irvine Sellar, Vice Chairman of REM, and Michael Baker Chief Executive Officer of REM commented, “Following its one year anniversary we are proud to say that The Shard has become not only a celebrated part of London’s skyline but also a popular business, tourist and dining destination”.
It was recently announced that News UK had signed a deal to move from Wapping to The Place, which sits next to the Shard in the London Bridge Quarter development. 600,000 sq ft of space has so far been let across the whole estate.
It’s also been confirmed that the Shangri-La hotel in the Shard will open in May 2014.
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Posted on February 12, 2014 by Offices.org.uk
AN OIL and gas exploration company has leased 18,000 sq ft of office space at 123 Victoria Street in London.
The FTSE 250 company, Ophir Energy, will move their headquarters from Mayfair to the mixed use, recently refurbished building in Victoria.
British Land say that 123 Victoria Street is now 93% let with just 17,000 sq ft still available.
Kaela Fenn-Smith, Head of Leasing at Land Securities, said:
“We are delighted to welcome Ophir Energy to 123 Victoria Street. Their decision to move from Mayfair and choose Victoria as their new home reflects the area’s ever-increasing reputation as a vibrant destination for forward-thinking companies.”
Other tenants at the building include Intuit, CDC Group and CPA Global.
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Posted on February 10, 2014 by Offices.org.uk
CAMBRIDGESHIRE County Council has put some of its own offices up for rent as part of a cost-saving initiative.
Council officers have been moved out of the county authority’s Castle Court offices in Cambridge and boards advertising its availability have gone up.
Cambridgeshire County Council say they have to save around £149 million over five years, including £38 million in the current financial years.
Cambridgeshire County Councillor Steve Count, Cabinet Member for Resources, said: “In these times of having to find millions of pounds in savings it is right we squeeze every asset we have to help protect frontline services.
We are already sharing buildings with other councils and agencies to make it easier for people to access services while making savings.
I have no desire to sell off the family silver so by leasing this building we will generate savings and still have an asset that we can sell if the time is right.”
Castle Court is being marketed by Barker Storey Matthews who say it has “potential for alternative uses, including residential and student accommodation.”
Related Offices.org.uk link: Find office space in Cambridge
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