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The International Quarter Aerial View via www.tiqstratfordcity.com

The International Quarter Aerial View via www.tiqstratfordcity.com

13.05.2015

The International Quarter

Address:
Westfield Avenue, London E20 1EL
Type:
Mixed use
Flats:
350
Offices:
1
Retails:
1
Viewed:
3681

Description of The International Quarter

The International Quarter is a development in Stratford, London E20.

The International Quarter is a £2.3bn strategic development delivered by Lendlease on behalf of Stratford City Business District Ltd, a 50/50 joint venture between Lendlease and London and Continental Railways (LCR), along with much of the surrounding land.

At the heart of thriving Stratford and forming a gateway to the Queen Elizabeth Olympic Park, the development will offer a whole new working environment for London, giving employees access to transport, parklands, premium shopping and local housing. A number of world-class institutions have already made plans to set up a permanent presence in the area. UCL East will be the site of a new university campus for University College London (UCL), while Stratford Waterfront features a new campus for the University of the Arts London, along with major new spaces for the Victoria and Albert Museum and Sadler's Wells.

The site is one of the best-connected places in London with a unique combination of Underground, Overground, Mainline and DLR services. It is just eight minutes direct by train from the City. Earlier this year London's Mayor Boris Johnson announced that Stratford will be rezoned from TfL fare Zone 3 to Zone 2/3 from January 2016, recognising London's shift to the east.

For the commercial and residential stages, Lendlease and LCR have brought together an international team of designers including award-winning Rogers Stirk Harbour + Partners. The programme has already seen four trainees offered jobs at The International Quarter development in Stratford by the site's specialist contractor Prater.

The scheme facts:
- A 50/50 joint venture between Lend Lease and London and Continental Railways
- Completed value in excess of £2 billion
- 4 million sq ft of new workplace
- 275,000 sq ft hotel
- 350 new homes
- Over 52,000 sq ft of shops and restaurants, with associated childcare and community facilities
- 3 acres of new, open spaces
- 25,000 new jobs

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Buildington Rating & Notes

News & Comments: (6)

Buildington
2017/09/20 10:58

Byrne Bros. has commenced work on Building S9 at The International Quarter (TIQ).

Building S9 is part of the wider International Quarter project which comprises 12 buildings in total. The building is a split level commercial development of 5 & 9 storeys, and will form the new offices of Cancer Research UK.

Buildington
2017/01/30 14:51

Lendlease and LCR celebrated the ‘topping out’ of the new headquarters for the Financial Conduct Authority (FCA) at The international Quarter. The new building will accommodate more than 3,500 FCA employees from 2018.

A ceremony took place on the 27th January and was attended by Andrew Bailey, Chief Executive at FCA, Cllr Ken Clark, Newham Council’s Cabinet Member for Building Communities, Public Affairs, Regeneration and Planning, Jonathan Emery, Managing Director, Property Europe at Lendlease, Ben O’Rourke, Managing Director, International Quarter London at Lendlease, David Joy, Chief Executive at LCR and Ivan Harbour from architects, Rogers Stirk Harbour + Partners.

Andrew Bailey, Chief Executive at the FCA said:
“We are delighted to be leading the way in moving to the International Quarter in Stratford. This move marks the start of a new chapter for the FCA. Our new building will be purpose built to meet our needs, ensuring that we are well equipped to fulfil our large and complex remit and can continue to be an effective, flexible and modern regulator.”

The topping out of the 515,000 sq. ft. new building, acquired last year by Deutsche Asset Management for more than £370 million, marks the first in a series of key moments for the development in 2017. The second residential tower at Glasshouse Gardens is due for completion in May and over 3,000 Transport for London (TfL) employees are set to move into their new home in September. Once fully completed, the £2.4bn mixed-use development will house over 25,000 workers - making it one of the largest new commercial developments in Europe. Alongside the four million sq. ft. of commercial space, the site will feature shops, restaurants and cafés around a central public square.

The first phase of the retail and restaurant offer, totalling 15,000 sq. ft. of ground floor space at the FCA and TfL buildings, was recently launched to the market. Alongside Stratford’s vibrant cultural landscape and Olympic sporting facilities, the retail element is expected to be in high demand from a wide variety of occupiers, including independent and established brands.

Ben O’Rourke, Managing Director, International Quarter London at Lendlease, commented: “As we near completion of the first commercial buildings, our vision to create a thriving business destination is becoming a reality. Soon Stratford will offer an unrivalled working environment helping London’s progressive businesses and employees redefine the way they work. We’re eagerly looking forward to welcoming the FCA in 2018, as it becomes one of the first organisations in the capital to experience this fresh approach to working.”

Cllr Ken Clark, Newham Council’s Cabinet Member for Building Communities, Public Affairs, Regeneration and Planning added: “This topping out ceremony represents another step in the development of Stratford which is now the new heart of East London. We have fought hard to attract investment and ensure the right infrastructure is in place for a vibrant commercial hub and it is encouraging to see organisations like the FCA have seen the potential in Newham.

“This is all part of much wider regeneration across the borough. But for us regeneration has to make a real difference to our residents’ lives. Through our successful Workplace job brokerage service, we will work with the FCA and other employers to ensure local people are connected to new jobs and opportunities. We look forward to continuing to work with Lendlease, LCR and the FCA in the future and creating even more opportunities for our residents.”

David Joy, Chief Executive at LCR said: “The sense of momentum and progress at Stratford is tangible. International Quarter London will become a shining example of how we can bring transport connections, leisure, residential and business districts together to build a thriving community. We are delighted that the Financial Conduct Authority shares this vision.”

Lendlease and LCR have also secured planning approval for a 600,000 sq. ft. building offering office space for more than 7,000 employees and are in discussions with a number of other major tenants about moving to International Quarter London.

Buildington
2016/12/15 23:33

CF Commercial and Nash Bond have been appointed as joint agents for the retail and restaurant spaces at the International Quarter London development.

The £2.4bn mixed-use development will house over 25,000 workers once completed in 2025.

Around 52,000 sq ft of shops, restaurants and cafes will sit alongside 4m sq ft of Grade A office space and 333 new homes.

Almost 1m sq ft has already been pre-let, with the Financial Conduct Authority (FCA) and Transport for London (TfL) taking the first two commercial buildings, which were sold to Deutsche Bank and Legal and General respectively.

A number of world-class institutions have already made plans to set up a permanent presence in the area. UCL East will be the site of a new university campus for University College London (UCL), while Stratford Waterfront features a new campus for the University of the Arts London, along with major new spaces for the Victoria and Albert Museum and Sadler's Wells.

CF Commercial, which has carved out a niche in sourcing independent operators, will work alongside London specialist agents Nash Bond to let the first phase, totalling 15,000 sq. ft. across 12 units.

The two agents will target a mix of retail and food and beverage operators, including both independent and established brands, who will take ground floor space on the FCA and TfL buildings.

Craig Fisher, founder and managing director of CF Commercial, said: “London’s centre of gravity continues to shift eastwards, with areas like Stratford rising to challenge established strongholds of commerce and culture, and International Quarter will help underpin that shift.”

Gavin Rowlands, director of Nash Bond, said: “IQL will be the largest commercial development on Queen Elizabeth Olympic Park and with the backdrop of Stratford’s vibrant cultural landscape and Olympic sporting facilities we expect the retail element to be in high demand from a wide variety of occupiers.”

Guy Thomas, Lendlease’s Head of Retail Asset Management, said: “Stratford is fast becoming the capital’s most desirable place to work, live and play. With a loyal, affluent customer base and a wealth of inviting public space, International Quarter is attracting the very best of British business."

“25,000 employees and business visitors will intersect with the local 12,500 student population, plus vast numbers of international and domestic tourists visiting London’s new Culture and Education district.”

Buildington
2016/01/10 00:11

Lendlease and LCR have announced the forward sale of 265,000 square feet of commercial space to Legal & General at The International Quarter - the £2.3 billion development at Stratford, which, at a total of four million square feet, is one of the largest new commercial developments in London.

The Transport for London (TfL) building - which is in the early stages of construction - will sit at the gateway to Queen Elizabeth Olympic Park and will house 3,000 TfL employees from autumn 2017. In acquiring the building, Legal & General will make staged payments over the course of the development period up to a total consideration of circa £245 million. Lendlease and LCR will continue to manage the delivery of the building through the Stratford City Business District Ltd joint venture.

Confidence continues to grow in The International Quarter. In addition to the agreements for lease and forward sale of the TfL building, the Financial Conduct Authority (FCA) has also committed to 425,000 sq ft of space to move its headquarters and 3,800 employees to Stratford in 2018. Lendlease and LCR are also in advanced discussions with a number of other major commercial tenants about moving to the development.

Dan Labbad, Chief Executive Officer, International Operations at Lendlease, said:

“Lendlease is creating some of the best places around the world. The International Quarter will add to this legacy, providing some of the most agile, healthy and flexible workplaces in Europe. Today’s announcement illustrates the confidence the investment market has in this approach and the opportunity presented by The International Quarter, London’s fourth major business district. This is a fantastic example of how the Olympic legacy continues to bring lasting prosperity and employment opportunities to East London.”

David Joy, Chief Executive of LCR, said:

“Today’s announcement unlocks further value from The International Quarter, a major new employment hub in East London. Our partnership with Lendlease will bring 25,000 new jobs to the area by 2025, continuing the transformation of Stratford into one of London’s most vital and vibrant communities.”

Gordon Aitchison, Director of Investment and Development at Legal & General Property, added:

“A significant new growth area for London, it is anticipated that Stratford will benefit from the creation of more than 40,000 new jobs and 11,000 new homes in the coming years. Stratford is already one of the busiest transport hubs in the capital and the property forms the first exciting phase of Lendlease and LCR’s International Quarter development which will eventually provide 4m square feet of office accommodation.”

JLL represented Lendlease and LCR, and Cushman & Wakefield represented Legal & General.

Buildington
2015/09/21 09:43

Construction has now started on the new headquarters of the Financial Conduct Authority (FCA).

FCA is relocating from its current offices at Canary Wharf to The International Quarter - the £2.3 billion development in Stratford, which, at a total of 4 million square feet, is set to become the capital’s fourth business district.

Lendlease and LCR, the joint venture partners delivering The International Quarter, held a ground-breaking ceremony for the FCA’s new 425,000-square-foot headquarters, which sits at the gateway to Queen Elizabeth Olympic Park, on 15th September 2015.

The building has been designed by world-class architects Rogers Stirk Harbour + Partners, with the interior design being undertaken by Pringle Brandon Perkins+Will, a practice renowned for their design expertise in delivering excellent workplaces.

Like all the buildings at The International Quarter, the FCA headquarters has been designed with staff health and well-being at its core. Features including open atria, extensive natural daylight, internal connecting staircases and a large roof terrace, will allow employees to be more flexible and healthy in the way they choose to work. This new generation of agile offices will be home to 3,500 FCA staff from mid-2018.

An estimated 1,200 construction jobs will be created on site at The International Quarter by spring 2016 and Lendlease has recently partnered with Newham Council, Newham Workplace and Building Crafts College to deliver a ten-week training programme to upskill unemployed Newham residents in construction – ensuring as many roles are awarded to local people as possible.

The ground-breaking ceremony was attended by John Griffith-Jones (Chairman, FCA), David Joy (Chief Executive, LCR), Neale Coleman (Chair, London Legacy Development Corporation), Sir Robin Wales (Mayor of Newham), and Ian Crockford, (Project Director, The International Quarter, Lendlease)

John Griffith-Jones, FCA Chairman said;

“I’m delighted that construction has started on a new building that will provide a compelling mix of excellent facilities, value for money, sustainability and the right infrastructure to meet our future needs.”


Sir Robin Wales, Mayor of Newham, said:

“I am pleased to welcome the Financial Conduct Authority (FCA) to their new home in Stratford. The arrival of a key player in the financial sector is exciting news for the borough.



“Newham has so much to offer businesses looking to establish a base with some of the best transport links in London, unrivalled digital infrastructure and a young, dynamic workforce. Our excellent employment service Workplace will work closely with the FCA to ensure local residents are able to make the most of the job opportunities created. The FCA is one of a growing number of businesses choosing to make Newham their base. We look forward to working together to make the potential they have seen in the borough a reality.”


Ian Crockford, Project Director, The International Quarter at Lendlease, said:

“This is another key step in our goal to create the most agile, healthy and efficient business community in the capital. Thousands of the FCA’s staff will soon benefit from an office space which will deliver the most advanced thinking in workplace design and set new standards for health and well-being”.


David Joy, Chief Executive at LCR, said:

“Today demonstrates that we are making real progress on The International Quarter, one of the largest and most significant mixed-use developments in the UK. Construction is now in full swing on new headquarters - of world-class design - for two major commercial tenants and the remaining office space is continuing to fill up fast. The construction alone will provide 1,200 new jobs and over time, The International Quarter will create more than 25,000 jobs, becoming a major new employment hub in East London. We look forward to continuing to work with Lendlease to make this happen.”


Neale Coleman, Chair / David Goldstone, Chief Executive, London Legacy Development Corporation said,

“What better way to measure the success of the London 2012 Games than to see even more land being used to create jobs and boost the economy of east London. Few of us dared dream that we would have progressed so far and so quickly with the legacy promises we made. Queen Elizabeth Olympic Park is thriving and the thousands of jobs coming to The International Quarter show just how much confidence developers have in one of the prime commercial and residential development areas in London. We look forward to welcoming the Financial Conduct Authority to Stratford.”


Ivan Harbour, Senior Partner at Rogers Stirk Harbour + Partners, said:

“The International Quarter is pioneering the next evolution of the workplace, supporting a dynamic, creative approach to working life that will allow organisations to meet the high expectations of their employees. Fresh air, natural daylight, connectivity and a vibrant masterplan were all key considerations in the master-plan and design of the FCA’s new headquarters.

The joint venture partners behind the project, Lendlease and LCR, obtained detailed planning permission for the new building in March 2015, which is located on Plot S5 at The International Quarter next to Building S6. Also under construction, this will be a major base for Transport for London; 3000 staff will be working here from Autumn 2017. Lendlease and LCR are in discussions with a number of major corporate tenants about moving to The International Quarter.

Buildington
2015/05/13 10:47

Transport for London has signed a pre-let to occupy a building in International Quarter as part of the second stage of the £2.1 billion development at Stratford, reports Lend Lease.

TfL has pre-let the entirety of the office space within the 265,000 sq ft building, with construction starting this summer. Detailed planning consent has been secured for the building – offering a glimpse of London’s newest commercial district.

An estimated 3,000 TfL workers will relocate to the International Quarter’s new generation of offices and, once completed, an estimated 25,000 people will work at and visit the site each day.

Lend Lease and LCR are in discussions with a number of other major tenants about moving to The International Quarter – which, at a total of four million square feet, will be one of the largest new commercial developments in London.

The designs have been led by Rogers Stirk Harbour + Partners and Vogt Landscape Architects who have been appointed to the major office scheme to work alongside the existing panel of architects. The office will set a new benchmark in commercial accommodation, designed to inspire employees, improve productivity and encourage health and wellbeing in a truly sustainable workplace.
Located at the gateway to the Queen Elizabeth Olympic Park, work is already well underway on the first phase of The International Quarter, a 333-unit residential development named Glasshouse Gardens – overlooking the Aquatics Centre, the former Olympic Stadium and ArcelorMittal Orbit.

Announcing the commercial leasing agreements, Dan Labbad, Chief Executive Officer, International Operations at Lend Lease, said: “Securing TfL for this major pre-let marks the emergence of a new generation of offices in London that will make a lasting contribution to the local economy. Our ambition is to create the most agile, healthy and efficient workplaces.”

David Joy, Chief Executive at LCR, said: “We are pleased to have reached this pivotal milestone for one of the largest and most significant mixed-use developments in the UK. The International Quarter will be a major new employment hub in East London, creating more than 25,000 jobs in total, and we have been working closely with Lend Lease to make this happen. Securing the first commercial tenant is a testament to the exceptional commercial environment we are delivering as part of the scheme and can only serve as a catalyst to attract further major employers to the area.”

Ivan Harbour, Senior Partner and Lead Designer, Rogers Stirk Harbour + Partners, said: “We are delighted to be working on The International Quarter, which we hope will become a global example of best practice in the development of a new workplace environment. Our tailored approach to the building design creates efficiency, continuity and coherency across the site whilst offering bespoke solutions to meet the specific needs of occupiers. This, together with a similarly coherent ground plane, characterises the neighbourhood as a core piece of the emerging City quarter, whilst the focus on daylight, views, connectivity, community spaces and public realm produces truly cutting-edge workplaces with people at their heart.”

Steve Allen, Managing Director of Finance at TfL, said: “We are consolidating our office accommodation into a smaller number of larger buildings. The International Quarter in Stratford provides the ideal opportunity for us to make further progress with its excellent transport links while enabling us to achieve significant savings.”

The International Quarter is a central pillar in the regeneration of Stratford, providing the new commercial element and jobs to the area’s role as an important sporting, retail, cultural and academic destination. Stratford’s recently-announced Olympicopolis will be home to internationally renowned institutions including the Victoria and Albert Museum, Sadler’s Wells, the Smithsonian Institution, University College London (UCL) and the University of the Arts London (UAL).

The International Quarter is a central pillar in the regeneration of Stratford, providing the new commercial element and jobs to the area’s role as an important sporting, retail, cultural and academic destination. Stratford’s recently-announced Olympicopolis will be home to internationally renowned institutions including the Victoria and Albert Museum, Sadler’s Wells, the Smithsonian Institution, University College London (UCL) and the University of the Arts London (UAL).

Jones Lang LaSalle and BNP Paribas represented Lend Lease and LCR, and BNP Paribas Corporate represented TfL.

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