blog header image

Posted : 24 Jul 2018 at 10:48:51
Category: News

Share this article

Facebook has struck a deal to locate its UK HQ at the Kings Cross Goods Yard regeneration site, kick-starting another major construction scheme spread across three buildings.


The deal to take 610,000 sq ft paves the way for work to start on 11 and 21 Canal Reach and P2, the last major sites on the long-running regeneration scheme.

While not quite the same scale as the Google HQ at 1m sq ft on the site, it ranks as one of the most significant commercial deals in London this decade – booking 15% of the total 4m sq ft commercial space at King’s Cross at a stroke.


Buildings 11 and 21 Canal Reach have been designed by architect Bennetts Associates and have detailed planning permission, featuring 10 and 12 floors of modern Grade A office space respectively (415,000 sq ft in total). With expansive double-height receptions and 42,000 sq ft of landscaped roof gardens and terraces, the buildings located in the ‘Western Yards’ of King’s Cross offer their users uninterrupted views over Central London. Contractor BAM had previously been mooted as the likely builder for the two curving office blocks on the northern part of the site. But it is not known yet whether Facebook will want to appoint its own builder through a fresh tendering process.


P2 on Lewis Cubitt Square, for which a reserved matters planning application was submitted in June, is designed by Allford Hall Monaghan Morris. It will provide nine floors of office space (196,000 sq ft), alongside a new theatre for London, a fifth-floor wraparound terrace and retail space at ground level.

Facebook plans to open its new offices in King’s Cross in 2021.


Source: - Construction Enquirer

http://www.constructionenquirer.com/2018/07/24/facebook-to-build-vast-hq-at-kings-cross/

SIMILAR NEWS

blog header image
NEWS
DEMAND FOR CONSTRUCTION WORKERS CLOSE TO 20 YEAR HIGH

The staff shortage in construction is continuing to bite, with 33,000 job vacancies for the period of April to June according to the latest figures from the Office for National Statistics. It is the s ...

blog header image
NEWS
2021 BUILDING MATERIALS SHORTAGE: WHAT IS THE PRICE OF BUILDING MATERIALS?

Covid-19, Brexit and booming demand are combining to drive up prices for the essential materials the UK’s construction sector desperately needs. Bluebeam takes a look at the 2021 build ...

blog header image
NEWS
MORE THAN 160,000 STILL FURLOUGHED AT END OF APRIL

More than 160,000 construction workers remained on furlough at the end of April, new figures have shown. Data released by the government this week showed that 166,600 roles in the sector were bei ...

blog header image
NEWS
CONSTRUCTION LEARNERS TO GET SITE SKILLS CARDS

Construction trainees will soon be given their own skills cards to help oversee work placements. The new Industry Placement Card will help support learners transitioning from the classroom into the ...

blog header image
NEWS
NUMBER OF FURLOUGHED CONSTRUCTION WORKERS FALLING FASTER THAN WIDER ECONOMY

Number of furloughed construction workers falling faster than wider economy  Latest HMRC data shows size industry’s furloughed workforce shrank by 15% in March The numbe ...

blog header image
NEWS
WILL THEY COME BACK? WHY BRITISH CONSTRUCTION LOST ITS EASTERN EUROPEAN WORKFORCE

In recent weeks, a persistent rumour has been circulating about migrant workers in construction. The specifics differ, but the central premise is the same: ‘foreign workers have taken the govern ...

business-directory Business Directory
smartbusinessdirectory Payroll Services Business Directory
truebusinessdirectory payroll-services Directory
payroll-services Directory