Derwent London has completed the construction and office lettings of its 380,000 sq ft mixed-use development at 80 Charlotte Street, the largest ever undertaken by the Group and its first net-zero carbon development.

Completing construction during lockdown proved challenging but was well managed by Multiplex, alongside the Derwent London team in collaboration with the incoming occupiers Boston Consulting Group (BCG), Arup Group and Elliott Wood.

The project is 90% let for rent of £24.3m.

As part of the Group’s support for the NHS during the COVID-19 crisis, 16 furnished flats have been made available at no cost for the remainder of the year to University College Hospital.

Paul Williams, Chief Executive of Derwent London, commented: “We are delighted to have achieved one of our main targets for 2020 with the practical completion of 80 Charlotte Street. This exceptional building, attracting major international businesses, demonstrates the resilience of good office space with adaptable internal areas and a focus on wellbeing and long-term sustainability. We are also pleased to be able to support local hospital workers, whose continuing service inspires us all.”

Andy Veitch, Managing Director & Partner at Boston Consulting Group, added: "BCG looks forward to making 80 Charlotte Street our new home in mid-2021. Now that construction has finished, we are excited to design the new office in line with our broader strategy to lower our carbon footprint, while bringing together our various business units in a dynamic and inspiring environment that maximises collaboration between our people and our clients.”

Geoff Hunt, Chief Operating Officer, UKIMEA at Arup commented: "The 80 Charlotte Street office reflects our commitment to sustainable integrated design fit to inspire staff and visitors. The new offices provide access to open space and greenery and reflect our aspirations for low operational carbon and to be part of the team to build one of the UK’s first all-electric commercial buildings. We look forward to 80 Charlotte Street being part of our wider London estate.”

Baroness Julia Neuberger DBE, Chair of UCLH, said: “We are so grateful to Derwent for allowing us to use these apartments for staff at what has been a very tough time at UCLH. This will transform the lives of staff who cannot go home because family are shielding, or who just need to be near the hospital. This could not have come at a better time. Thank you, on behalf of us all.”