Hammersmith Grove has received the British Council for Offices (BCO) Commercial Workplace award.
The accolade was received at the BCO’s prestigious 2015 regional awards ceremony at the London Hilton Park Lane on 28 April 2015. Judges commended the commercial success of the speculative development, which completed its lettings in September last year.
Built by Wates Construction, the 8-storey building comprises 110,000 sq ft of office space and 6,000 sq ft of cafes, restaurants and public realm spaces with open terraces.
The project’s consultant team includes QS, Faithfull and Gould; architect, Flanagan Lawrence; M&E engineers, AECOM; and structural engineer, Pell Frischman.
Following Wates’ completion of the scheme last year, we are currently on site with the neighbouring 12 Hammersmith Grove, an 11-storey speculative Grade A office and retail development adjacent to Hammersmith Tube Station.
Simon Hesketh, Development Director, Development Securities, commented: “The win is testament to the team’s dedication and belief in a scheme that has managed to reposition Hammersmith’s office market. We are delighted with the tenant roster, and the varied nature of each fit-out speaks well of 10HG’s inherent flexibility which we worked so hard to achieve.”
Phil Shortman, Managing Director, Wates Construction London, added: “10 Hammersmith Grove faced some tough competition to receive this coveted BCO award, an indication of the quality of commercial buildings that are gracing the London and South East skyline.
“Development Securities’ vision for this project was not only to create an exceptional work space but to lead the regeneration of West London. Wates is extremely proud to have been entrusted with realising this vision at 10 and now 12 Hammersmith Grove.”
12/05/2015 09:46 by Buildington
Development Securities PLC and the SWIP Property Trust have announced the compleion of final two lettings at 10 Hammersmith Grove to leading media company, FOX International Channels (UK) Limited (FIC), and to Philip Morris Limited (PML), the UK affiliate of global tobacco company, Philip Morris International.
FIC has signed a lease to occupy one and a half floors of the building, a total of 22,600 sq. ft. of office space whilst PML has taken 34,240 sq. ft. of office space across the top three floors of the building. 10 Hammersmith Grove will serve as the new UK headquarters to FIC and PML.
FIC and PML will add to the strong mix of commercial tenants within the building, with lettings to multi-channel broadcaster, UKTV, and international hotels group, Accor, announced earlier this year.
Located in Hammersmith town centre, 10 Hammersmith Grove features 110,000 sq. ft. of Grade A office space over eight floors, with three exclusive roof terraces. The development also includes three restaurant units, two of which have been let to Byron and Bill’s, facing onto 6,000 sq. ft. of new landscaped public space.
At 12 Hammersmith Grove, the second phase of development which will provide a further 167,000 sq. ft. of prime office space, construction is underway with practical completion due in Q1 2016.
Julian Barwick, Executive Director, Development Securities said: “We are delighted to have completed the letting of 10 Hammersmith Grove which offers some of the best quality office space in West London. The quality and mix of tenants that we have secured further establishes Hammersmith as a significant commercial hub. We are confident of continuing this success with the second building, 12 Hammersmith Grove.”
Kerri Hunter, Deputy Manager of the SWIP Property Trust, now part of Aberdeen Asset Management, commented: “10 Hammersmith Grove has set a new benchmark for offices in Hammersmith, providing West End quality space within an undersupplied market. Fox International Channels and Philip Morris Limited join a strong line-up of tenants and the letting success that we have achieved reflects the quality of the product that we have delivered with this first building.”
Diego Londono, Chief Operating Officer, FOX International Channels Europe & Africa, commented: “We are excited about our move to Hammersmith Grove. This will be our new home for the team dedicated to the FIC UK business, but also a number of FIC global functions including NGCI, FIC Global Sports and Syndication, Baby TV and our FIC Europe & Africa executive team. It’s a fantastic location, very accessible for employees and partners.”
Martin Inkster, Managing Director, UK & Ireland, PML said: “Philip Morris’ origins began here in London in 1847. We’ve come a long way since then. Our move to 10 Hammersmith Grove forms part of an exciting new chapter for our business as we introduce our own field force into the UK market. This will enable us to better support retailers and the trade through consistent and effective brand engagement.”
Development Securities and the SWIP Property Trust were advised by Strutt & Parker and JLL. Fox International Channels was advised by DTZ. Philip Morris Limited was advised by Savills.
02/09/2014 12:13 by Buildington
Development Securities PLC and the SWIP Property Trust has announced that hotels group, Accor UK Business & Leisure Hotels Limited, has signed a lease at 10 Hammersmith Grove to occupy the first and half of the second floor of the building, representing 25,000 sq. ft. of office space. Accor UK Business & Leisure Hotels Limited, which owns a number of hotel brands including Novotel, Sofitel and Mercure, will move from its existing UK headquarters at 245 Hammersmith Road following the end of its lease.
This is the second office letting at 10 Hammersmith Grove following the announcement in February 2014 that media company, UKTV had taken two floors of the building. The whole of 10 Hammersmith Grove is now let or under offer.
Forward-funded by the SWIP Property Trust, part of Aberdeen Asset Management, for £50 million, 10 Hammersmith Grove is the first of two office buildings in the centre of Hammersmith, adjacent to the underground station. It includes 110,000 sq. ft. of Grade A office space as well as extensive new public realm and three restaurant units at ground level. Construction of the second building, 12 Hammersmith Grove, which will provide a further 167,000 sq. ft. of prime office space, started in April 2014 and is due to complete in Q1 2016. This final phase is also being delivered in partnership with SWIP Property Trust who forward funded the development for £92 million.
Julian Barwick, Executive Director, Development Securities said: “We are very pleased with the progress we are making at 10 Hammersmith Grove which offers by far the best office space in Hammersmith and which is establishing itself as a significant new commercial destination for West London.”
Kerri Hunter, Deputy Manager of the SWIP Property Trust commented: “The success we have had with UKTV and Accor, two high calibre brands, underlines the quality of the product that we have created with 10 Hammersmith Grove. We look forward to announcing further lettings in due course and completing the development of 12 Hammersmith Grove.”
Development Securities and the SWIP Property Trust were advised by Strutt and Parker and Jones Lang LaSalle. Accor was unadvised.
Source: Development Securities 25. June 2014
25/06/2014 12:42 by Buildington
UKTV has signed a 15-year lease at 10 Hammersmith Grove to occupy the fourth and fifth floors of the building, representing 32,500 sq. ft. of office space. UKTV, the multi-award winning media company that reaches over 42 million viewers per month, will move from its existing offices at 245 Hammersmith Road.
Forward-funded by the SWIP Property Trust for £50 million, 10 Hammersmith Grove is the first of two office buildings in the centre of Hammersmith, adjacent to the underground station. It includes 110,000 sq. ft. of Grade A office space as well as extensive new public realm and three restaurant units at ground level.
Julian Barwick, Executive Director, Development Securities said: "Hammersmith is a well-connected London office location where occupier demand is strengthening and yet the supply of high quality office buildings is limited. 10 Hammersmith Grove offers a superior, West End quality product to this market. We are delighted that UKTV has decided to relocate its headquarters to 10 Hammersmith Grove and with strong interest in the remainder of the space, we look forward to announcing further lettings in the near-term."
Kerri Hunter, Deputy Manager of the SWIP Property Trust comments: "One of the attractions of doing development is being able to create high quality investment product by building Grade A office space that attracts high-calibre tenants on long leases. 10 Hammersmith Grove falls firmly into that category and our letting to UKTV supports that view."
"10 Hammersmith Grove will be a ground-breaking facility for UKTV," says UKTV Chief Executive, Darren Childs. "The new development increases the size of our current office and gives us the opportunity to create an inspirational working space fit for a broadcaster with a commitment to technology, imagination and the future of media."
Development Securities was advised by Jones Lang LaSalle. UKTV was advised by Nick Rock at BNP Paribas Real Estate.
Source: Development Securities www.developmentsecurities.co.uk 17.02.2014
20/02/2014 12:45 by Buildington
Development Securities PLC, the leading property investment and development company, today celebrated the completion of 10 Hammersmith Grove, the first phase of its 275,000 sq ft prime office scheme in the centre of Hammersmith. 10 Hammersmith Grove was built speculatively by Development Securities with development partner Scottish Widows Investment Partnership Property Trust (SWIPPT) for £50 million, and was designed by architect Flanagan Lawrence.
Sir Edward Lister, the Mayor of London’s Chief of Staff and Deputy Mayor, Policy and Planning, and Councillor Nicholas Botterill, Leader of London Borough of Hammersmith and Fulham, joined Development Securities Chief Executive Michael Marx for a ribbon cutting ceremony at the building this morning.
Development Securities also confirmed today that over one third of the office space, and two of the three restaurant units, at 10 Hammersmith Grove are now under offer.
Located in Hammersmith town centre, 10 Hammersmith Grove features 110,000 sq ft of Grade A office space over eight floors, with three exclusive roof terraces – providing some of the best new prime office space in West London. The development also includes three restaurant units facing onto over 6,000 sq ft of new landscaped public space, equal tothe size of the adjacent Lyric Square.
Julian Barwick, Director, Development Securities said: “10 Hammersmith Grove is the first new speculative office building to be built in Hammersmith in a decade, and offers the best West End quality space in West London. Benefitting from an enviable location, large floorplates and contemporary design, it is the right product for the modern occupier. With a third of the office space, and two out of three of the restaurant units now under offer to restaurateurs, as well as discussions with several additional parties ongoing, we look forward to announcing further lettings in the near future.”
Sir Edward Lister, Chief of Staff and Deputy Mayor, Policy and Planning, said “In order to lengthen London’s lead as a global centre of finance and trade, we need top class facilities to attract the very best businesses and investors, whether international or domestic. This ambitious project in Hammersmith will help meet strong demand for quality office space, demonstrating the appetite for locations across the city.”
Councillor Nicholas Botterill, Hammersmith & Fulham Council Leader, said: “10 Hammersmith Grove is the latest high-profile regeneration project to be completed in the town centre, and this innovative new building stands as testament to the confidence that domestic and international businesses have in Hammersmith. Its occupiers will benefit from unrivalled transport links, fantastic shops, leisure and entertainment facilities right outside their door.”
10 Hammersmith Grove has excellent connectivity to the West End and the City via the Hammersmith and City, Piccadilly, District and Circle lines, and benefits from easy access to Heathrow via the M4 and M40 in 20 minutes. Hammersmith also enjoys close proximity to Westfield London, and there is a major bus interchange located directly across from the site that services 17 routes.
10 Hammersmith Grove is highly sustainable and is one of the first London office buildings to be entirely lit by LED lights. Natural light is also well-utilised, as the design of the building envelope minimises solar gain but maximises light for the office space. In addition, solar panels on the roof will generate energy which will be utilised in the building
For more information visit www.10hammersmithgrove.com
Source: Development Securities www.developmentsecurities.co.uk
01/07/2013 19:40 by Buildington
The final panel of glass cladding was installed at 10 Hammersmith Grove yesterday. The 110,000 sq. ft. prime office development, built to BREEAM ‘Excellent’, is the first of two office buildings totalling 275,000 sq. ft. 10 Hammersmith Grove was forward-funded by Scottish Widows Investment Partnership Property Trust for £50 million, and is due for practical completion in May 2013.
Source: Development Securities PLC
20/03/2013 15:32 by Buildington
10 Hammersmith Grove - new on Buildington!
15/03/2013 00:46 by Buildington