New business district White City Place to deliver 1 million sq ft of office space
Property developer Stanhope, and its funding partners Mitsui Fudosan and AIMCo, are launching White City Place, a new business district with 1 million sq ft of office space covering 17 acres in the White City area of London.
White City Place is situated at the centre of transport, social, brain, and technical networks, 12 minutes to Bond Street, with three thousand BBC staff already on site and adjacent to the new Imperial College White City Campus.
Three redeveloped buildings, designed by Allies and Morrison, will provide approximately 600,000 sq ft of Grade A office accommodation in Central London.
These include The MediaWorks, which will feature a state-of-the-art new marketing suite designed by dn&co, which will be available from December 2016 and Garden House, which will be available for occupation from the October 2016. The WestWorks, the largest building of over 300,000 sq ft, will be available from Spring 2017.
The redevelopment will also include improved public realm and a larger offer of retail accommodation on the ground floor, with the focus on attracting a wide range of food and beverage operators.
White City Place already has three buildings pre-let to the BBC totalling 400,000 sq ft, the Broadcast Centre, Energy Centre and Lighthouse buildings.
In June 2015, Stanhope and its funding partners Mitsui Fudosan and AIMCo, purchased White City Place, the former BBC Media Village site, located to the north of Television Centre, for £87m.
David Camp, chief executive of Stanhope Plc, said: “White City Place is becoming the creative network hub and commercial heart to White City. Together with Television Centre, we will be delivering close to two million sq ft of office space and nearly 1,000 new homes over the next five years.
“Alongside the three BBC studios, BBC Worldwide HQ and Soho House at Television Centre, the John Lewis store at Westfield and the Imperial College campus on Wood Lane, White City is fast becoming the place to be.”
Professor David Gann, Imperial College London’s Vice President (Innovation), added: “Our core academic work at Imperial’s White City Campus will bring hundreds and thousands of talented people who are keen on developing next-generation solutions, tackling issues of climate, environment, health care and anti-microbial resistance.
“Imperial’s new campus enables us to incubate and collaborate with some of the world’s most innovative companies. On the other side of Wood Lane, creative and tech companies are set to converge on White City Place. White City is becoming the most exciting place to do business in London.”
White City Place is at the centre of an £8bn 15-year regeneration of the wider White City area, which will form a new hub of activity, creativity and academia in west London.
The new neighbourhood will see the arrival of restaurants, 2,500 new homes, more than 2 million sq ft of office space and 20,000 new jobs. A new John Lewis will open in 2018 in an expanded Westfield which will boast more than 420 stores, and there will be 30 acres of public open space.
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