The 275,000 sq ft 1 New Street Square completed in October
Source: Land Securities: Half-yearly results for the six months ended 30 September 2016, landsecurities.com
16/11/2016 08:17 by Buildington
Land Securities has pre-let One New Street Square in its entirety to Deloitte LLP, more than 12 months ahead of the development’s completion.
Due to complete in June 2016, Deloitte is taking 275,000 sq ft of space on a 20 year lease at One New Street Square, adding to the 256,000 sq ft of space it already has at the adjacent 2 and 3 New Street Square.
Colette O’Shea, Managing Director,London Portfolio at Land Securities, said:
“Deloitte has been one of our largest and most valued customers in the London portfolio and this expansion into the New Street Square campus allows us to strengthen that relationship further. Our significant committed development programme is being delivered into a market which simply doesn’t have enough of the efficient and technically resilient space that today’s businesses require and we’re delighted to build on our recent leasing success.”
David Gill, managing partner, internal client services of Deloitte LLP, said:
“The opportunity to occupy the landmark One New Street Square concludes the next phase of consolidating our London campus which we first started in 2009. We have 10,000 staff operating out of our London campus, yet successfully applying our agile working strategy allows us to operate effectively from 6,000 workstations. One New Street Square will further deliver an exciting and flexible working environment for our increasingly diverse and agile London talent. We look forward to seeing the development of the building and taking occupation in Autumn 2017.”
27/03/2015 16:36 by Buildington
1 New Street Square has been awarded the City of London Considerate Contractor Scheme Highly Commended Gold Award. The McGee project team collected the award at a ceremony on 23rd May at Plaisterers’ Hall, One London Wall.
The Considerate Contractor Scheme encourages contractors working in the City of London to carry out their work in a safe and considerate manner. The Gold Award recognises those sites that meet and exceed all the requirements of the Scheme. The decision to award 1 New Street Square with a Highly Commended Gold Award was based on a demonstration of the highest standards and consideration towards a variety of areas including; safety, the local community, general public, the workforce and the environment.
McGee has been working on the 1 New Street Square project on behalf of Land Securities since early 2013. The project has required McGee to carry out decontamination, demolition and civil engineering works in readiness for a new development – from asbestos removal and soft strip to the demolition of the existing buildings and extensive groundworks to prepare the site for the next phase of construction.
The project team and everyone at McGee are delighted to see this major project getting Gold Award recognition. Marc Byrne, Head of Community Liaison, said: “We are committed to changing the perceptions of our industry and to receive the Gold Award in acknowledgement of the entire team’s efforts is a tremendous accolade.”
The site is being transformed and is set to become a major new extension to New Street Square – one of the most exciting mixed-use developments to be completed by Land Securities in recent years.
Source: McGee www.mcgee.co.uk, May 30, 2014
03/06/2014 13:40 by Buildington
07/10/2013 01:51 by Buildington