May 29, 2013
Crown Estate in £320m joint venture to redevelop area around Regent Street
The Crown Estate, which manages the Queen’s property portfolio has announced a joint 50/50 – £320 million venture with Canadian real estate company, Oxford Properties. The Crown Estate, which will retain the freehold and take the lead role in the development says the St James’s scheme will provide 210,000 ft2 of prime office and 50,000 ft2 of flagship retail and restaurant space in two blocks located between London’s Regent Street and Haymarket. The project forms part of the Crown Estate’s ten-year investment strategy for St James’s and will transform a run-down back street service yard and taxi ‘rat-run’ with: “a fantastic new amenity for St James’s, revitalising half and acre of public realm and creating a new 10,000 ft2 pedestrian square for world-class business, shopping and dining.” (more…)
May 28, 2013
Are these the world’s most spectacular corporate buildings?
by Mark Eltringham • Architecture, Comment
BMW Welt
Building data provider Emporis has issued a list of 16 of what it calls the World’s Most Spectacular Corporate Buildings. The list is intended to show how firms use architecture to convey their identity and to impress anybody viewing their supposedly imposing corporate edifices. The Germany based firm claims the list was compiled by a jury of buildings experts from around the world who considered a range of factors and included buildings from all kinds of industries. Even so, the list is far from subtle with not even an attempt at lip service paid to the esoteric or surprising. It is dominated instead by glamorous blue chip businesses and buildings that are tall, designed by renowned architects or literal reflections of each company’s business. (more…)