- Hoare Lea agrees 15 year lease to relocate 165 strong London office to King’s Cross
- The firm is to take 22,000 sq ft in the Western Transit Shed
Relocation will take place in 2012, the year in which Hoare Lea celebrates its 150th anniversary
- Hoare Lea is the eighth commercial agreement to be signed at King’s Cross
Hoare Lea, the award winning engineering firm, has agreed a 15 year lease with King’s Cross Central Limited Partnership that will see the firm relocate its flagship London office to King’s Cross in autumn 2012. The move will enable Hoare Lea to develop its London operation, moving from 14,000 sq ft premises into a distinctive 22,000 sq ft space in the Western Transit Shed, King’s Cross.
The Western Transit Shed combines heritage and contemporary design to provide a functional and dynamic workspace at the heart of the 67 acre King’s Cross development, adjoining the Granary Complex, the new home of the University of the Arts London. Hoare Lea is one of three organisations that have already signed up for office space at King’s Cross and will be amongst the first office workers to move in.
Hoare Lea and developer Argent are working very closely on the details of the design for the building, ensuring that Hoare Lea’s 165 London staff can maximise all of the possible benefits of the move. Staff will enjoy larger, better equipped offices, improved breakout and meeting areas, as well as on site amenities, including kitchens, showers and cycling facilities.
Speaking about the move, Miles Freeman, Managing Partner, London office, Hoare Lea said:
“King’s Cross met all of the aspirations we set at the start of our search for new premises, especially in terms of quality of design and commitment to sustainability, both of which are extremely important to us at Hoare Lea. King’s Cross is a superb development, with a well developed sense of place, in a central, incredibly well connected location. Everyone at the firm is extremely excited about the move as it will enable us to embrace the future and will take place in 2012 – the year we celebrate our 150 year anniversary.”
Speaking about the agreement, David Partridge, Joint Chief Executive, Argent, said
“We are delighted that Hoare Lea has chosen to relocate to King’s Cross. It is a fantastic company to have on board and the letting is testament to the attraction that the King’s Cross development holds for a diverse range of businesses. The Western Transit shed is a one off opportunity and we are working closely with Hoare Lea to ensure the design fully meets their needs.”
Initial construction work has started on the building and it is scheduled to be ready for Hoare Lea to occupy in late 2012. Coming shortly after the opening of the Granary Complex and King’s Boulevard, this deal demonstrates that King’s Cross is well and truly open for business