British Land confirms 4 Kingdom Street scheme is underway

Posted on 13 February, 2015 by Neil Bird

British Land has confirmed that the development of 4 Kingdom Street, a nine-storey office building on the Paddington Central campus, is now underway.

British-Land-confirms-4-Kingdom-Street-scheme-is-underway

Following the acquisition of the campus in July 2013, British Land commissioned architects Allies and Morrison to update the existing plans for 4 Kingdom Street, which were approved in 2010.

Westminster Council granted planning permission for the updated proposals in 2014. They retain the bulk and massing specified in the original plans, while increasing the flexibility of the floorplates and improving amenities for occupiers.

This was achieved by relocating the core of the building to maximise space and efficiency, resulting in floor plates of 15,000 sq ft, each with its own corner terrace. The plans also include a communal roof terrace providing outdoor space for break-out, entertaining and sports activities.

Commenting on British Land’s arrival on site, Head of Office Development, Robert Samuel, said: “We are excited to be starting our development plans at Paddington Central and are pleased with the enhanced design of 4 Kingdom Street.

“The campus already attracts high calibre occupiers from a broad range of industry sectors, and is increasingly seen as a natural extension of London’s West End office market.”

Padddington Central is an 11 acre mixed-use campus comprising seven modern buildings totalling 1.2 million sq ft. British Land owns three of the existing buildings along with a retail and leisure cluster totalling 610,000 sq ft. Following the completion of 4 and 5 Kingdom Street, the size of the campus will increase to 1.6 million sq ft, with just over 1 million sq ft wholly owned by British Land.

The area, which is already well served by rail and tube, is set to benefit from the arrival of Crossrail in 2018, improving connections to the City and Canary Wharf.

4 Kingdom Street is expected to be completed in early 2017.




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants