UK
Ireland
Scotland
London
Construction News
09/01/2014
Mayor Visits Kings Cross Regeneration Area
The Mayor of London, Boris Johnson has visited the Kings Cross regeneration area, where Europe's leading real estate and property advisor is constructing its new British headquarters.
In a major boost for London's position as a global financial powerhouse, French company BNP Paribas Real Estate is the latest firm that intends to put down roots at Kings Cross.
Kings Cross is one of 33 Opportunity Areas designated by the Mayor with significant capacity for new housing, commercial and other development. The area has recently benefited from a £550m upgrade, with the original station building and its platforms overhauled and a spectacular new western concourse constructed. Passengers can travel to Paris from London in just over two hours.
The redevelopment of the station area has been a catalyst for one of the largest regeneration schemes in Europe, with 67 acres of brown field land being redeveloped to create eight million sq ft of offices, retail and 2,000 new homes and a 75,000 sq ft public space.
The BNP Paribas Real Estate building is set to be complete by the end of 2014 and will include 50,000 sq ft of offices and 10,000 sq ft of retail. 4,000 people will work at the site, the majority of whom will be Londoners.
The Mayor visited the site of the new building and met Philippe Zivkovic, Executive Chairman of BNP Paribas Real Estate and over 80 of the company's international clients.
The Mayor said: "London is the world's greatest city in which to do business and it is wonderful news that BNP Paribas, an internationally renowned company, is investing here in a rejuvenated Kings Cross and tapping into the huge amount of real estate in the capital that is ripe for development.
"The UK economy is now on an upwards curve and London is leading the way, attracting record levels of overseas investment such as this which is in turn helping to drive job creation."
(CD)
In a major boost for London's position as a global financial powerhouse, French company BNP Paribas Real Estate is the latest firm that intends to put down roots at Kings Cross.
Kings Cross is one of 33 Opportunity Areas designated by the Mayor with significant capacity for new housing, commercial and other development. The area has recently benefited from a £550m upgrade, with the original station building and its platforms overhauled and a spectacular new western concourse constructed. Passengers can travel to Paris from London in just over two hours.
-- Advertisement --
The redevelopment of the station area has been a catalyst for one of the largest regeneration schemes in Europe, with 67 acres of brown field land being redeveloped to create eight million sq ft of offices, retail and 2,000 new homes and a 75,000 sq ft public space.
The BNP Paribas Real Estate building is set to be complete by the end of 2014 and will include 50,000 sq ft of offices and 10,000 sq ft of retail. 4,000 people will work at the site, the majority of whom will be Londoners.
The Mayor visited the site of the new building and met Philippe Zivkovic, Executive Chairman of BNP Paribas Real Estate and over 80 of the company's international clients.
The Mayor said: "London is the world's greatest city in which to do business and it is wonderful news that BNP Paribas, an internationally renowned company, is investing here in a rejuvenated Kings Cross and tapping into the huge amount of real estate in the capital that is ripe for development.
"The UK economy is now on an upwards curve and London is leading the way, attracting record levels of overseas investment such as this which is in turn helping to drive job creation."
(CD)
Latest Construction News
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF).
The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i
