Search Results for: london

Mayfair office plan gets green light

hanover-sq-4018Westminster Council has granted Legal and General Property (LGP) planning consent for a new West End office in London’s Hanover Square, expected to become one of Mayfair’s most sought after squares following the completion of Crossrail. The redevelopment will comprise a 56,000 sq ft high office-based scheme, arranged over two basements, ground and seven upper floors. The office element will provide typical floors of 8,200 sq ft, whilst there will also be two retail/restaurant units on the ground floor, totalling 9,300 sq ft and fronting Hanover Square.

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Cabinet for Core Cities looks to reshape the English economy

A newly formed Cabinet of Core Cities met for the first time in Liverpool on Friday, seeking to reshape England and call on the Government to work with it to maximise the economic potential of the regions by creating a more balanced economic structure for the country and develop policies that would create jobs and investment. The cities represent the urban centres of Manchester, Nottingham, Newcastle, Birmingham, Leeds, Liverpool, Bristol and Sheffield.

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Build upon creative success urges design campaign

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The #includedesign campaign has urged policy makers to revisit proposals to include creative subjects in the English Baccalaureate and build upon the success of initiatives like Tech City. This is the ‘brand’ name for the creative technology community around Shoreditch in east London, with more than 3,000 creative tech firms, employing over 50,000 people. Last December the design industry wrote an open letter to the Secretary of State for Education warning him against the omission of Design & Technology and Art & Design from the EBacc. More →

Shard and Galaxy Soho contend for design of the year

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The Design Museum has announced the contenders for the sixth annual Designs of the Year. They include the best designs from around the world in the last 12 months across seven categories: Architecture, Digital, Fashion, Furniture, Graphics, Product and Transport. Selected by a panel of distinguished nominators, the awards compile the most original and exciting designs, prototypes and designers in the world today – brought together in a Design Museum exhibition from 20 March – 7 July 2013. More →

Urban design ideas needed for Vauxhall missing link

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RIBA has announced the launch of a new international design competition for Vauxhall on London’s South Bank. The Business Improvement District (BID) for Vauxhall is seeking ideas to improve and enhance the public realm, providing the ‘Missing Link’ between the New US Embassy Quarter and the South Bank’s cultural hub. The competition is open to architects, landscape designers, urban designers and students worldwide. As with the New York ‘High Line’ competition multi-disciplinary design teams are encouraged. More →

Goldman Sachs submits plans for troubled European HQ

Following recent reports that a growing number of firms were locating in the burgeoning creative centres of East London,investment bank Goldman Sachs has finally submitted plans for the 1.2m sq ft nine storey headquarters building KPF in Farringdon Street. The KPF-designed development will replace two existing buildings – the 13 storey Fleet Building and adjacent Plumtree Court which Goldman Sachs acquired in 2011.

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All right? Manchester property outperforms other UK regions

The idea that the UK is essentially a closely bound federation of city states, each with their own culture and economy is given added credence by new research from CBRE into regional variations in the commercial property market. London does things  its own way, of course, but the top regional city is Manchester – the only one of eight centres that showed any evidence of rental growth during 2012, even though it was a modest increase from £29.50 per sq ft to £30 per sq ft. The full report can be viewed hereMore →

Show stomping change as Maze prison site plans approved

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The notorious Maze Long Kesh prison site in Northern Ireland where the ‘H’ block hunger strikes took place is to be redeveloped into an international standard showground designed by London-based firm Studio Egret West.
The Royal Ulster Agricultural Society (RUAS) was granted planning permission to relocate the Balmoral Show, (Ireland’s largest Agricultural and Food Show) to the site of the former Maze prison, after the Balmoral show outgrew the Kings Hall site where it has been held for 100 years. More →

It pays to check the green credentials of manufacturers

Generation from Knoll

Generation from Knoll

There is a theory that when companies talk about issues such as corporate social responsibility they are doing so because it helps them to achieve their business goals. This is the coldly rational thing to do according to people like free market guru Milton Friedman who argues that companies should not actively pursue altruistic ends unless that pursuit is ultimately in the interest of their shareholders. As Friedman puts it: ‘Hypocrisy is virtuous when it serves the bottom line. Moral virtue is immoral when it does not’.

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Appetite for long leases presents challenges

The news from the weekend that Axa Real Estate is looking to raise around £1bn  to invest in buildings with very long leases has resparked the debate into what sort of lease represents the best value for investors and tenants in these uncertain times. The new fund will target commercial properties with minimum twenty year leases even though investors have to pay a premium for such properties and the majority of occupiers don’t want them. More →

Mayor announces green fit-out of 400 buildings

City_HallThirteen building services contractors have been awarded a contract to retrofit around 400 London public sector buildings to make them more energy efficient. The work is being carried out as part of London Mayor Boris Johnson’s RE:FIT initiative. The new programme of work is expected to last four years and will see contractors guarantee a set level of savings based on the energy conservation measures implemented. More →

Regional slump responsible for overall UK property fall

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The New Year starts with news from Chicago based property broker Jones Lang LaSalle that investors spent some £ 30 billion on  income generating property in the U.K. during 2012, about 9 percent less than in 2011. However there was a marked disparity between the London market and the rest of the UK. London deals totaled £18 billion in 2012, the highest figure for four years, while purchases outside the capital reached 12 billion pounds, the lowest amount over the same period. More →