Landsec has let the final 10,000 sq ft at Nova, Victoria, taking the development to fully let and enhancing its transformation of Victoria into a world-class business and lifestyle hub.
Nord Anglia Education Ltd., a world-leading provider of premium international schools, will occupy 10,000 sq ft on the fourth floor at Nova South on a ten-year lease. The company will join other businesses including Vitol, Brambles, BHP Billiton, Egon Zehnder and LEK Consulting.
Matt Flood, Commercial Director at Landsec, said: “It’s fantastic to see Victoria established both as a hub for world-class businesses and a thriving community for people to live, work and socialise.
“We’re delighted that Nord Anglia Education has chosen Nova, Victoria as its home and look forward to welcoming them in the new year.”
Andrew Fitzmaurice, Chief Executive at Nord Anglia Education Ltd. commented: “We’re very excited about our move to Nova, Victoria, which offers a fantastic location for our new global headquarters to best support our network of 56 schools across 27 countries, educating more than 53,000 students. As the world’s leading premium schools group, we build collaborative teams with a strong sense of belonging where our employees love coming to work. Our employees will now benefit from these new world-class office facilities and excellent local amenities.”
With more than two acres of public space for residents, workers and visitors to enjoy, Nova, Victoria has expanded its leisure offering this year with two exciting additions. Exclusive fitness brand 1Rebel opened the world’s first spin studio amphitheatre at Nova, Victoria this summer, while social darts concept Flight Club recently chose Nova, Victoria for its third and largest venue in London.
Flight Club founder Steve Moore added: “We are incredibly excited for this site and we’re always being asked to bring social darts to more locations. Flight Club Victoria provides the perfect opportunity to do this. The Nova development is a landmark site in the heart of Victoria with excellent transport links.”
Landsec was represented by Knight Frank and Cushman & Wakefield. Nord Anglia was represented by Morgan Pryce.
18/12/2018 13:13 by Buildington
Nova is now 97% let with an average rent of £75 per sq ft and an average lease term of 14 years.
Source: Landsec Preliminary Results 2018 for the year ended 31 March 2018.
15/05/2018 11:00 by Buildington
Landsec has let over 65,000 sq. ft. to SNC-Lavalin, and its Atkins and Faithful+Gould businesses, on a 12-year lease at Nova North. The design, engineering and project management consultancy will occupy the entire third, fourth and fifth floors of Nova North, meaning the building is now fully let.
SNC-Lavalin will join Child & Child, BlueCrest and LEO. The move supports SNC-Lavalin’s plans for growth in the UK market and continues its strong presence for its London client base. An international business with approximately 8,500 staff, they are one of the largest Canadian employers in the UK.
Matthew Flood, Commercial Director, London Portfolio at Landsec said: “We are really excited to welcome SNC-Lavalin to Nova, Victoria. By offering world-class office space alongside top-quality bars, restaurants and food outlets, we’ve been able to create an exciting area for both work and leisure which has resonated with a great range of businesses.”
Philip Hoare, Chief Executive of SNC-Lavalin UK & Europe, added: “Having been based in North London up until now, we are very excited to be moving south to Victoria. Nova, Victoria offers a huge amount for our staff – from wide-ranging food outlets to green space, in addition to unrivalled office space. We are confident that moving here will help our business to continue to thrive.”
Landsec continues to refine and develop plans for the next phase of development at the Nova site, where they have planning permission for a 196,000 sq ft mixed use development.
Landsec were represented by Cushman & Wakefield and Knight Frank. SNC-Lavalin were represented by LSH.
24/04/2018 19:44 by Buildington
Nova is now 75% let or in solicitors’ hands, reports Landsec.
18 out of 170 residential units are left to sell.
Source: Land Securities Group PLC Half-yearly results for the six months ended 30 September 2017. Published 14.11.2017.
15/11/2017 09:06 by Buildington
Visit Nova during Open House London on 16th September. Regular tours every 120 mins (10am-6pm). Duration 30 mins.
Find out more at openhouselondon.open-city.org.uk.
12/09/2017 11:36 by Buildington
148 out of 170 flats at Nova have been sold to date and completions are progressing well, reports developer Land Securities.
Nova commercial is now 54% let. The average office lease term 15 years. Land Securities is confident about letting the remaining 283,000 sq ft in the year.
Source: Land Securities Preliminary Results 2017 for the year ended 31 March 2017
18/05/2017 09:30 by Buildington
Restaurants now open at Nova include:
Aster, by D&D London
Timmy Green, part of the Daisy Green Collection
Hai Cenato, by Jason Atherton
Greenwood, by ETM Group
Rail House Café, by Adam White
Stoke House wil be opening next, then Crosstown Doughnuts and Vagabond, with more to follow.
For more information visit: createvictoria.com/nova-food
17/03/2017 13:58 by Buildington
LEO will occupy the 9th floor of the “South Terrace” of Nova South, which benefits from a stunning roof terrace that enjoys views over the surrounding area. In addition to 5-star serviced offices, services will include virtual offices, meeting rooms and high event space.
The 9th floor at Nova South Victoria will become the destination for businesses looking to find a 5-star serviced, flexible office solution, virtual office, meeting room or event space in the heart of SW1.
Nova South, as all the other properties in the LEO portfolio, will be completely unbranded with a dedicated reception to give clients access to the 9th floor.
The features of the property include; fully furnished suites with high-quality furnishings, exceptional meeting space for both internal and external clients and high-end event space. Clients will also enjoy access to shower facilities, bike racks, breakout areas and lounge facilities. Market leading IT and telephony come as standard along with a fully trained and highly motivated LEO team to assist with day to day basics to allow clients to fully concentrate on running their business.
The building will welcome its first clients in April, for further information please contact LEO's sales team leo.co.uk.
21/02/2017 09:25 by Buildington
Land Securities has let 22,505 sq ft at Nova to London Executive Offices LEO.
LEO will take the entire ninth floor at Nova South on a 17-year lease. This transaction takes the total scheme (retail and commercial) to 40% let.
Nova South and Nova North together contain 480,000 sq ft of grade A office space.
Nova is a mixed-use scheme that also comprises 170 high-quality apartments and Nova Food at ground level, featuring 17 new restaurants, three pop-up kiosks and two acres of new public realm. Top chefs including Jason Atherton, Adam White and Will Ricker are opening at Nova Food, giving businesses based in the offices an unrivalled choice of business meeting venues as well as private dining options.
Kaela Fenn-Smith, Head of Commercial at Land Securities, commented:
“We’re delighted that London Executive Offices has chosen to let space at Nova, Victoria. By taking the ninth floor of Nova South, LEO and their customers will enjoy beautiful views from a stunning roof terrace as well as benefiting from direct access to a huge range of dining options on the ground floor with Nova Food.
“This partnership is especially exciting because LEO is set to create new meeting spaces which our other customers in Nova - including recruitment, media and private equity companies – can flex in and benefit from, all adding to Nova’s appeal as a vibrant business hub.”
Beth Hampson, Sales and Marketing Director, said:
‘We are delighted to have struck a deal to occupy the ninth floor of such a distinguished building in this exciting and vibrant growth area of London. We are proud to present the capital’s most exclusive Serviced Office, Virtual Office, Meeting Room and Event Space portfolio and when looking for our next key location there was little doubt about Victoria being a desirable area in which to secure out next asset.
“The appetite for offices in Victoria is high; the discerning commuter will soon benefit from the £700 million upgrade to transform Victoria station into a state-of-the-art transport hub.
“The building played a large part in the decision to gain a further presence in SW1, with Nova South offering prime office space in the area which has many high-profile shops, restaurants, bars, and other eateries.
“We are confident the ninth floor at Nova South Victoria will become the destination for businesses looking to find a 5-star Serviced, flexible office solution, Virtual Office, Meeting Room or Event space in the heart of SW1.”
LEO and Land Securities both represented themselves with Cushman & Wakefield and Knight Frank as the retained agents for Land Securities.
14/02/2017 14:04 by Buildington
London Executive Offices LEO has announced that it has boosted its portfolio in the capital by completing the lease of the ninth floor in Nova South.
The ninth floor at Nova South has been acquired on a 17-year lease directly from Land Securities and will boost the LEO’s portfolio to circa 745,000 sq. ft. of 5-star office space.
Nova South is a prime Victoria asset on the doorstep of one of the capital’s business transport hubs. LEO offer premium buildings in first-class locations, including 1 Cornhill, 23-24 Berkeley Square, 33 St James’s Square and 78-79 Pall Mall, 33 assets in total. London Executive Offices (LEO) is the capital’s most exclusive collection of 5 star Serviced and Virtual Offices in prime Central London – Nova South compliments LEO’s overall growth strategy to expand its prime Central London portfolio.
Nova South, located opposite Victoria rail station is designed to the highest specification. The transaction takes the total scheme (retail and commercial) to 40% let. The ninth floor also benefits from a stunning roof terrace that enjoys views over the surrounding area. At ground floor level Nova Food delivers 17 restaurants and three pop-ups alongside a significant public realm. Nova Food brings chefs such as Jason Atherton, Adam White and Will Ricker to Victoria ensuring a great selection of options for both business meeting venues as well as private dining.
Beth Hampson, Sales and Marketing Director, said: ‘We are delighted to have struck a deal to occupy the ninth floor of such a distinguished building in this exciting and vibrant growth area of London. We are proud to present the capital’s most exclusive Serviced Office, Virtual Office, Meeting Room and Event Space portfolio and when looking for our next key location there was little doubt about Victoria being a desirable area in which to secure our next asset.
“The appetite for offices in Victoria is high, the discerning commuter will soon benefit from the £700 million upgrade to transform Victoria station into a state-of-the-art transport hub.”
The building played a large part in the decision to gain a further presence in SW1, with Nova South offering prime office space in the area which has many high-profile shops, restaurants, bars, and other eateries.
We are confident the ninth floor at Nova South Victoria will become the destination for businesses looking to find a 5 star Serviced, flexible office solution, Virtual Office, Meeting Room or Event space in the heart of SW1.”
Kaela Fenn-Smith, Head of Commercial at Land Securities, added: “We’re delighted that London Executive Offices has chosen to let space at Nova, Victoria. By taking the ninth floor of Nova South, LEO and their customers will enjoy beautiful views from a stunning roof terrace as well as benefiting from direct access to a huge range of dining options on the ground floor with Nova Food.
“This partnership is especially exciting because LEO is set to create new meeting spaces which our other customers in Nova – including recruitment, media and private equity companies – can flex in and benefit from, all adding to Nova’s appeal as a vibrant business hub.”
LEO and Land Securities both represented themselves with Cushman & Wakefield and Knight Frank as the retained agents for Land Securities.
02/02/2017 12:34 by Buildington
Finnish chef Helena Puolakka is opening a new Nordic restaurant Aster today at Nova.
Aster is a two-storey restaurant with a deli and cafe on the ground floor and restaurant and cocktail bar upstairs.
01/02/2017 17:06 by Buildington
41% is now pre-let or in solicitors’ hands at Nova with an average office lease term of 15 years.
The first phases have completed and retailer and office occupiers are fitting out.
Since March 2016 Land Securities has sold £14.7m pounds of apartments at Kingsgate and Nova at an average price of £1,900 per sq ft.
Nova East current programmed start date of July 2018.
Source: Land Securities: Half-yearly results for the six months ended 30 September 2016, landsecurities.com
16/11/2016 08:21 by Buildington
Two apartments have been pre-sold at the Nova Building since 31 March 2016. In total, 139 of the 170 apartments have now been pre-sold, reports Land Securities in their latest London Portfolio investor conference activity update.
03/10/2016 19:49 by Buildington
Ellmer Construction has completed their package of works at Nova, which comprised the fit out to resident's fitness suite and cinema together with a meeting room, WC's and associate common areas.
Source: Ellmer Chorus www.ellmerchorus.co.uk
13/08/2016 19:30 by Buildington
Barbecoa, Franco Manca and Daisy Green will be joining Jason Atherton, D&D London and Will Ricker at Nova when it opens in September 2016.
Barbecoa: Jamie Oliver's acclaimed barbecue steakhouse will launch its second site at Nova. The restaurant, which is a celebration of traditional fire-based cooking and incredible ingredients, will boast a large standalone bar, a hidden garden and a stunning dining room, complete with an open kitchen where guests can watch the chefs cooking on the Argentinian and Robata grills.
Franco Manca: The hugely popular mini-chain will be opening a pizzeria in Nova. Franco Manca will bring to Nova its delicious sourdough pizza, which cook in only 60 seconds, alongside carefully chosen ingredients from sustainable producers. The Nova branch of Franco Manca will also offer delicious wine from Italian organic vineyards, an open kitchen and over 90 covers.
Daisy Green: The team behind Daisy Green will bring a new all-day offering to Nova. By day the restaurant will offer Londoners speciality coffee, big bold salads and meats alongside a bottomless Aussie brunch. In the evening the restaurant will create imaginative small plates and cheese, together with specialised wines, cocktails and local craft beers.
David Atcherley-Symes, Retail Leasing Director, London Portfolio at Land Securities London said:
“Earlier this year we announced restaurants from the likes of Jason Atherton, D&D London, Bone Daddies and Will Ricker would be coming to Nova, and now we’ve got another fantastic line up to join these chefs. Coming to London in 2016, the 18 eateries at Nova will offer a huge variety of cuisines and food concepts, making it a one stop destination for food lovers. We look forward to announcing the final brands to be taking space at Nova in the New Year.”
Kaela Fenn-Smith, Head of Commercial, London Portfolio at Land Securities London added:
“Our decade-long transformation of Victoria will culminate in the arrival of Nova next year. One of our priorities over the past five years has been to change what is happening at street level in a way that enables businesses and residents to get excited about being in Victoria. We are now seeing that become a reality with a truly diverse mix of quality food operators committing to Nova and other parts of Victoria. We can proudly say that our restaurant and food amenities now rival the West End and have made Victoria a credible and vibrant place to do business.”
Visit NovaSW1.com for more information.
15/12/2015 11:31 by Buildington
Egon Zehnder has taken 24,000 sq ft for the new UK head office at Nova, Victoria, marking the scheme’s second office letting 10 months ahead of completion.
Egon Zehnder is one of the world’s premier global executive search and talent advisory firms. It will move its entire UK headquarters to the 14th and 15th floors at Nova South on a 15 year lease at the beginning of 2017.
Nova South and Nova North will deliver 480,000 sq ft of grade A office space to the landmark site opposite Victoria station when it completes in July 2016. The first phase of the mixed-use scheme will also comprise two acres of new public realm, eighteen food and beverage units and 170 high quality apartments. Set to become London’s newest food quarter, Jason Atherton and Will Ricker are among the restaurateurs already on board to open concepts at Nova, alongside brands including Sourced Market and Bone Daddies.
Kaela Fenn-Smith, Head of Commercial at Land Securities, said: “We’re incredibly pleased that Egon Zehnder has chosen to relocate to Nova. Our transformation of Victoria is progressing with real momentum, and Egon Zehnder joins a growing list of businesses taking advantage of the first-class office space and up-to-the-minute amenities which we’re delivering throughout SW1.”
“We are excited about our upcoming move to Nova, Victoria. This is a critical decision for our firm and we believe this choice of location will be a great base for our continued growth as the market leader in senior level executive search and talent development,” said Miranda Pode, the London Office Leader.
Founded in 1964, Egon Zehnder is a global leader in executive search and talent advisory services with more than 400 consultants in 69 offices across 41 countries. The firm provides senior-level executive search, board search and advisory, CEO succession, family business advisory as well as leadership assessment and development to the world’s most respected organizations. Egon Zehnder’s clients range from large corporations to emerging growth companies, family and private-equity controlled entities, government and regulatory bodies, and major educational and cultural organizations.
Cushman & Wakefield and Knight Frank advised Land Securities and Knight Frank advised Egon Zehnder.
01/10/2015 14:41 by Buildington
The commercial space at Nova is currently 10% pre-let with a further 7% in solicitors’ hands.
Source: Land Securities First Quarter Interim Management Statement 22.07.2015
22/07/2015 11:12 by Buildington
Land Securities has secured a first office pre-let at Nova, Victoria, 12 months ahead of completion.
The transaction will see global private equity investor Advent International (“Advent”) take more than 25,000 sq ft at Nova South on a 15 year lease.
Set on a 5.5 acre site opposite the station, the first phase of the mixed use Nova scheme will deliver 480,000 sq ft of grade A office space through two distinct and architecturally daring buildings – Nova North and Nova South – together with 170 high quality apartments and a significant restaurant offer set amongst new public realm.
Kaela Fenn-Smith, Head of Commercial at Land Securities, said:
“We’re delighted that Advent has chosen to move to Nova which, as the culmination of Victoria’s transformation, is set to be one of London’s enviable business addresses. By taking the eighth floor of Nova South, Advent will benefit from fantastic views across the capital, while at ground floor level they will have access to extensive landscaped public realm and superb al fresco seating areas in our new food quarter.”
In May Land Securities announced the names of seven of the eighteen food units which will also open at Nova next year. New concepts by D&D, Jason Atherton, Will Ricker, Sourced Market, Village London and Bone Daddies will all contribute to Nova becoming London’s newest food quarter.
Knight Frank and DTZ advised Land Securities and CBRE advised Advent.
09/07/2015 00:18 by Buildington
18 new eateries are set to open in Nova, Victoria, next year, creating London’s newest and most inviting restaurant quarter. Today, seven of these dining operators are announced as the development continues to take shape in SW1.
Nova, Victoria is an architecturally striking development that will create a vibrant new link between Victoria Station and Buckingham Palace, which in turn leads onto the Royal Parks. The 897,000 sq ft destination will house world-class office space, high quality apartments and a cluster of inventive and exciting restaurants, eateries, bars and rotating dining experiences.
The 7 operators now confirmed to be opening at Nova, Victoria are:
Jason Atherton will add to his growing portfolio of iconic dining destinations that include Pollen Street Social and Berners Tavern, with the opening of an Italian dining concept at Nova. The restaurant will feature a pasta room where diners will be able to see the food being made.
Adam White, co-founder and managing director of renowned brasserie The Riding House Café – whose London based restaurant collective Village London also includes Village East and The Garrison – will develop a unit with a view to opening an all-day offering. The space will offer 150 covers, with a sizeable outside seating area, an upstairs bar and a private dining room. Interior design will be by Adam White in Conjunction with Lou Davies of Box 9.
Will Ricker who has enjoyed great success with his Pan-Asian restaurants and more recently his Mexican brand La Bodega Negra, both here and New York, is bringing his two latest concepts to Nova. The Stoke House is an American BBQ that uses a cooking method of wood burning pits, on cuts of brisket, ribs, chicken and pulled pork, set in a contemporary bustling dining hall. Directly across from the Stoke House, will be the Juice Well, Ricker’s second organic cold press juice, super food smoothie and highly nutrient dense food store.
Having recently overseen the successful re-launch of Quaglino’s, D&D London – the restaurant group behind favourites such as Bluebird and Skylon – will open a 10,000 sq ft restaurant on two floors of Nova South, comprising a café, bar, outdoor terrace and food retail on the ground floor, together with a restaurant on the first floor. The interior is to be designed by Russell Sage Studio.
Sourced Market, which opened the first produce market in a train station in St Pancras in 2009, opens its third site at Nova in 2016. Working with the best of Britain's small, artisan producers the team will bring their blend of market retail and all-day dining to Victoria, offering everything from artisan coffee to craft beer and charcuterie to croissants.
Ross Shonhan, chef-proprietor of Bone Daddies in Soho and Kensington, Flesh & Buns in Covent Garden and – most recently – Shackfuyu in Soho, is bringing his Ramen Bar to Nova. Alongside some of Shonhan’s signature ramen and filled buns, Bone Daddies will be introducing a contemporary take on Osaka-style Okonomiyaki in a restaurant spread across 2 floors and a sizeable outdoor space.
David Atcherley-Symes, Retail Leasing Director, London Portfolio at Land Securities London commented:
“The last couple of decades has seen London’s food offering evolve, diversify and improve to now equal that of Tokyo, New York or Paris. With the world’s best talent arriving, and the continued strengthening of our domestic talents, London now acts as a smorgasbord of culinary delights.
Nova will be a central location that brings all of this together in a fun, fresh setting. The brands and dining concepts already confirmed to be opening in 2016 are places we know Londoners want to eat and spend time in, and there’s more to come. Nova, Victoria will be a true destination in the heart of London, and a place we’re proud to be creating.”
12/05/2015 09:59 by Buildington
So sad that with two developments over some years now in that section of Buckingham Palace Road we have lost some beautiful or interesting historic buildings. I grew up at 36 in the 1970s and 1980s. I remember The Venue and the Kings Arms. Shame nobody can build something now that is other than a bland structure to house bland shops and offices.
26/02/2015 16:24 by
128 of 170 apartments at Nova have been pre-sold with average price achieved £1,806 psf.
- Land Securities Half-yearly results for the six months ended 30 September 2014 www.landsecurities.com 11.11.2014
11/11/2014 19:51 by Buildington
If you are interested in finding out more about The Nova Building and Kings Gate development in Victoria - there is an event held for you on the 5th of November at the Victoria Pavilion. RSVP and register your interest with the sales agents Knight Frank or Savills.
See also www.residentialbylandsecurities.com
Via Homes & Property, Evening Standard, 22. October 2014
23/10/2014 23:26 by Buildington
05/03/2014 19:00 by Buildington
Land Securities has taken the decision to complete all office space to a Category A fit-out and, consequently, practical completion of the offices is now expected in July 2016. 54 of the residential apartments at The Nova Building have been pre-sold.
Source: Land Securities Third Quarter Interim Management Statement 22. January 2014 www.landsecurities.com
22/01/2014 12:34 by Buildington
Today marks the launch of the next major phase in the continued transformation of Victoria in London’s West End by Land Securities (LS), and its joint venture partner for this development, Canada Pension Plan Investment Board (CPPIB).
Nova, Victoria, formerly known as Victoria Circle, is an architecturally stimulating development that provides a new and vibrant destination for London – an aspirational place to work, live, eat, drink, shop and enjoy. Nova is new to SW1, new to London and new to Europe.
Nova is the defining moment in Land Securities’ £2.2 billion reinvention of Victoria. It is a game changing 897,000 sq ft scheme delivering 603,000 sq ft of world class grade A offices, 193,000 sq ft of contemporary high quality apartments, 85,000 sq ft of exciting, high profile retail, cafes and restaurants and 16,000 sq ft of community space.
More than just a development, the comprehensive transformation of this 5.5 acre island site will deliver the new seven day destination that will encourage the 115 million people who use Victoria Station each year to engage with this part of the West End.
Along with the five landmark buildings, Nova, Victoria delivers a significant new public and cultural space, with evolving public art and outdoor dining, linking Victoria Station to Buckingham Palace and St James Park. Nova is the place for Victoria’s residents, businesses and visitors to meet and unwind.
Nova’s bold, contemporary look is the result of a collaboration between several notable architecture practices. PLP Architecture has designed the masterplan and is architect for the three commercial buildings. Benson & Forsyth are delivering the statement residential fronting Buckingham Palace Road with Flanagan Lawrence. Lynch Architects are responsible for the signature mixed use civic building fronting Victoria Street.
Construction of Nova, Victoria starts this month. The 727,000 sq ft first phase, comprising 480,000 sq ft offices, 80,000 sq ft retail and 170 apartments across three buildings within a new pedestrianized, landscaped public quarter is due for completion second quarter of 2016.
Nova directly benefits both London and Victoria’s economies. 857 jobs are expected to be created during demolition and construction and this workforce is estimated to spend £500,000 per annum locally whilst on site. When completed and operational, Nova, Victoria will create 5,181 jobs. 73% of these are expected to be local contributing an additional £3 million per year to the Victoria economy. Nova delivers 18.6% of the London Plan’s new homes annual target for Westminster. Nova’s residents will create a net benefit of £4.2 million per year to the London economy
Land Securities Head of London Development Colette O’Shea said:
“Nova is great news for London and Victoria. Nothing of this scale and potential has been delivered in this part of the West End before. We are delighted to be continuing our investment in Victoria with a scheme which we believe will become the destination for all looking to find the best that London has to offer in the heart of SW1.”
CPPIB’s Managing Director and Head of Real Estate Investments - Europe Wenzel Hoberg said:
“Nova, Victoria represents a transformative and exciting development in an iconic area of London’s West End and will deliver significant economic benefits to the local and wider community throughout its development. Nova, Victoria supports CPPIB’s real estate strategy to own and develop properties in key markets for the long term and we look forward to its completion.”
Office at Nova, Victoria
Nova will deliver an architecturally striking urban campus in the centre of a great world city. With Victoria already home to businesses such as Channel 4, Microsoft and the Telegraph Media Group as well as high-fashion names such as Jimmy Choo, Tom Ford and Burberry, Nova, Victoria will become the base for innovative and forward-thinking global businesses.
Retail at Nova, Victoria
Nova will be a base for exclusive and eclectic retail and restaurant brands where the unexpected lies around every corner. Attracting a constellation of coveted brands that push the boundaries of the retail and dining experience, Nova, Victoria will create an unmistakeable buzz in this newly defined district and thriving thoroughfare.
Residential at Nova, Victoria
Nova will represent luxury, city centre living in a beautifully engineered statement building amid the grandeur of Westminster and Belgravia, and overlooking the gardens of neighbouring Buckingham Palace. The best of London is here: the Royal Parks, the river, the political heart of Westminster, the exclusive retail and restaurant brands, the thriving cultural quarter. Yet the world beyond is easily accessible, with fast international links on the doorstep.
Source: Land Securities www.landsecurities.com 10.06.2013
10/06/2013 15:35 by Buildington
Mace has been appointed as main contractor to deliver the 727,000 sq ft first phase of the Victoria Circle scheme, as part of the continued transformation of Victoria.
The £380 million contract is the result of almost two years project preconstruction advice alongside the delivery of utility diversions, enabling works and appointment as CDM Co-ordinator.
Construction is due to start in June and will take place over the next four years. The first phase offers 480,000 sq ft of efficient, high quality office accommodation, 80,000 sq ft of retail/restaurant space and 170 luxury modern apartments within three architecturally striking buildings, at the heart of a new, pedestrianized, landscaped public quarter.
Mace has a long-standing relationship with Land Securities Group PLC and experience in working within the company’s property portfolio across London, which include design and build contracts for developments at 123 Victoria Street and Park House on Oxford Street.
Stephen Pycroft, Executive Chairman of Mace said: “I am delighted that Land Securities has chosen to appoint Mace, once again, to deliver what will become one of London’s most significant developments. Victoria Circle is a complex project due to its proximity to vital transport links but I am confident that the team will demonstrate the expertise that Land Securities has come to expect from us and deliver a major development for London.”
Source: Mace www.macegroup.com 15.05.2013
16/05/2013 22:08 by Buildington
Land Securities and its joint venture partner Canada Pension Plan Investment Board (CPPIB) have confirmed the commencement of the £768 million first phase of its Victoria Circle project, as part of the continued transformation of Victoria, in London’s West End. The 50:50 joint venture was previously announced in February 2012.
The first phase, which totals 727,000 sq ft, offers 480,000 sq ft of efficient, high quality office accommodation, 80,000 sq ft of exciting retail/restaurant space and 170 luxury modern apartments within three architecturally striking buildings, at the heart of a new pedestrianized, landscaped public quarter.
The comprehensive development of this 5.5 acre site directly opposite Victoria station will see the area change from being a central thoroughfare to an unparalleled destination in which to work, live and play.
When complete, Victoria Circle will crown the recent re-invention of Victoria, which is already home to businesses such as Channel 4, Microsoft and the Telegraph Media Group as well as high-fashion names such as Jimmy Choo, Tom Ford and Burberry.
Demolition started on the Victoria Circle site in October last year. Mace has been appointed the main contractor and construction is due to start in June 2013 with completion due in the second quarter of 2016.
Land Securities Chief Executive Robert Noel said:
"Land Securities was the first to start large-scale development after the downturn, a strategy which is generating higher returns at this point in the cycle. Today’s announcement is an extension of this strategy and a clear commitment to our on-going transformation of Victoria."
CPPIB's Senior Vice President, Graeme Eadie said:
"We are delighted to launch the first phase of this transformative development in a prime area of London’s West End. Victoria Circle supports CPPIB’s real estate strategy to own and develop properties in key markets for the long term."
Source: Land Securities
15/05/2013 17:24 by Buildington