Brunel Building offices are 100% let to seven tenants and remaining 5,500 sq ft retail unit is now under offer.
Via Derwent London plc Interim Results 2019 derwentlondon.com.
08/08/2019 22:43 by Buildington
Sony Pictures Entertainment has pre-let 77,200 sq ft of office space at Brunel Building, reports Derwent London.
The property will have seventeen storeys and Sony Pictures will occupy floors 10 to 13, as well as part of floor 9, with an ability to take further space, on a 15-year lease, with a break at year 12.
On completion in the first half of 2019, Brunel Building will total 243,000 sq ft with an exciting external diagrid structure creating generous 3.5m tall largely column-free 17,000 sq ft floorplates. The ground floor will have a spacious canalside reception as well as restaurant/café space, and in addition the building will benefit from two large rooftop terraces. The project will open up new public access to Paddington Basin
and is sited opposite an entrance to the Elizabeth line.
John Burns, Chief Executive of Derwent London, commented:
“We are delighted that Sony Pictures, one of the world’s most dynamic and creative entertainment providers, has chosen Brunel Building as its new London home. We are seeing good interest in the remaining space and are attracting a number of other potential new occupiers to the area which will help
its transformation into one of London’s most vibrant locations.”
CBRE, Cushman & Wakefield, and Pilcher Hershman acted for Derwent London.
14/06/2018 19:27 by Buildington
32% (113,000 sq ft) of the space at Brunel Building is currently under offer.
Source: Q1 2018 Business Update by Derwent London derwentlondon.com
10/05/2018 11:07 by Buildington
The developer is seeing some good early interest at Brunel Building, which is due to complete in 2019.
From Derwent London plc Third Quarter Update 2017 at derwentlondon.com.
09/11/2017 17:46 by Buildington
Derwent London considered delaying Brunel Building following the Brexit vote but decided to continue work due to the development’s merits and good levels of occupier interest.
This canalside building will provide column-free floors and is located opposite a Crossrail station.
Derwent London believes the current rental levels are attractive, and the opening of Crossrail in 2018 will significantly enhance eastward public transport links to central West End and the City.
Outstanding capital expenditure totals £99m and the ERV is £14.8m net or £62.50 per sq ft. We estimate our breakeven rent at c.£46 per sq ft.
Source: Derwent London Annual Results 2016 Preliminary Announcement derwentlondon.com 28.02.2017
28/02/2017 10:33 by Buildington
Brunel Building has won gold for the proposed architecture at London Design Awards 2016.
The 310,000 sq ft building under construction in Paddington is developed by Derwent London and designed by Fletcher Priest Architects.
This award celebrates the design process and product of planning, designing and constructing form, space and ambience that reflect functional, technical, social, and aesthetic considerations. Consideration given for material selection, technology, light and shadow.
The London Design Awards is organised by design100 a global community of 75,000 design experts that celebrate creative courage, recognise design excellence and grow demand for design.
For more information about the London Design Awards visit design100.com.
25/11/2016 09:44 by Buildington
The demolition of 55-65 North Wharf Road was completed in August 2016, reports Derwent London in Interim Results for 2016.
12/08/2016 11:31 by Buildington
New photos of Brunel Building construction site!
21/06/2016 12:06 by Buildington
Derwent London plc and Laing O’Rourke Construction have signed a fixed price contract for the development of the Brunel Building at 55-65 North Wharf Road in Paddington W2 for £116.0m. Work is due to start early next year for completion in the first half of 2019.
The Brunel Building will comprise 240,000 sq ft of offices fronting the Grand Union Canal opposite Paddington station. The Fletcher Priest designed building will be sixteen storeys with an innovative external diagrid structure, which will enable column-free internal areas and will have two large roof terraces on the upper floors. The entrance faces onto the canal alongside a new public realm which will be created on the waterside.
Paul Williams, Director, Derwent London, commented:
“We are very pleased to be working with Laing O’Rourke, and very excited by the prospects for the Brunel Building. The development not only creates high quality office space it will also significantly add to the vibrancy of the area, which is enjoying significant regeneration ahead of the opening of Crossrail in 2018.”
Paul Sheffield, Managing Director, Laing O’Rourke, commented:
“We look forward to delivering the Brunel Building, further strengthening our partnership with Derwent London. The project is one that requires complex engineering, supported by our in-house capabilities along with a fully integrated supply chain. The exposed high-quality concrete features of this fantastic building will be delivered using a blend of traditional construction and off-site manufacturing.”
18/11/2015 15:38 by Buildington
Derwent London has named Laing O’Rourke as the preferred bidder for the redevelopment of the Brunel Building, 55-65 North Wharf Road in Paddington W2.
The project will see the creation of a new office building 16 storeys high with two basement levels and two large roof terraces.
The building will comprise of a solid concrete core along the length of the building with floor plates on either side.
Paul Sheffield, Managing Director at Laing O’Rourke (Europe) commented:
“We are delighted to have been named preferred bidder on such a significant project in the area. Having worked successfully before with Derwent London we are very much looking forward to working in close collaboration with them again to ensure the successful delivery of the project.”
When complete the building will be 240,250 sq ft in total featuring an innovative diagrid design allowing flexible column-free floors. The building will also incorporate the latest in environmental design and technology that will continue to promote Paddington as a key business hub in London.”
Simon Silver, Property Director at Derwent London added:
“Paddington’s success was founded on the genius of Brunel. We are confident that, with the Laing O’Rourke team, we will develop an innovative building fit for the next stage of Paddington’s regeneration with the opening of Crossrail in 2018.”
- See more at: http://www.laingorourke.com/media/news-releases/2015/preferred-bidder-for-paddington-project.aspx#sthash.Kgi4c7AH.dpuf
04/08/2015 09:47 by Buildington