- Digital agency Zone agrees 10 year lease to move its 125 strong international headquarters to King’s Cross.
- The firm will take 17,263 sq ft and is the last of three commercial lettings in the Western Transit Shed meaning that the office space is now fully let ahead of completion.
- Zone, alongside Hoare Lea and Argent who have also taken pre-lets in the building, will move in to the restored heritage building in early 2013
Zone, an independent creative digital agency which works with brands including Coca-Cola, Tesco and Macmillan Cancer Support, has agreed a 10 year lease with King’s Cross Central Limited Partnership. The deal will see the firm relocate its international headquarters from Euston to King’s Cross, in June 2013.
With 30% year on year growth across the last five years Zone is fast becoming London’s leading digital agency and needed more space to expand its business in a central, well-connected and distinctive location.
The Western Transit Shed combines heritage and contemporary design to provide functional and dynamic workspace at the heart of the 67 acre King’s Cross development. Designed by Stanton Williams and Weedon Partnership it sits alongside the Granary Complex, home to the world-famous Central Saint Martins College of Arts and Design and the newly opened Granary Square. It is a five-minute walk from King’s Cross St Pancras, the most connected transport hub in Europe.
Zone is the final office letting in the Western Transit Shed and will occupy 17,263 sq ft of the 58,110sq ft of office space, over the first and mezzanine levels in the middle section of the building. The northern section has been let to Hoare Lea and the southern section to Argent, both of whom are due to move in to the building in early 2013. The mezzanine level is set back above the first floor with glass balustrades creating a unique and collaborative working environment. Access to the offices will be by a large triple height reception at ground floor level on Stable Street. On the ground floor of the Western Transit Shed there will be 35,000 sq ft of new retail space, with double height arches running the length of the 570 foot Victorian façade housing including cafés, bars and restaurants.
Zone and developer King’s Cross Central Limited Partnership are now working very closely on the details of the internal design for the building.
James Freedman, chief executive, Zone, said: “We’re very excited to be one of the first tenants moving in to the King’s Cross development next year. We’ve had a great few years and this move is a significant step for the agency.
“In any industry your location speaks volumes about your business. Being based in the heart of a forward-looking creative hub, neighbouring institutions such as the University of the Arts London and the Guardian reflects where we are as a business. It’s a fantastic location and the building is superbly designed. We’ve been especially impressed by how focused the project has been on its impact on the local community and the environmental sustainability of the development; core principles to Zone as we grow.”
David Partridge, from King’s Cross Central Limited Partnership, said: “It is fantastic to sign up a successful and expanding company like Zone, for the final letting in the distinctive Western Transit Shed. King’s Cross is attracting a rich and diverse mix of businesses and Zone, with its core principles and focus on sustainability is a perfect fit for King’s Cross and the place we are creating here.
“Restoration of the Western Transit Shed is well underway and we are equally pleased that our previously secured occupiers Hoare Lea and, Argent will be opening for business in the building early in the new year.
“This letting to a creative digital agency follows a number of others commercial deals at the development fully reflecting the range of businesses attracted to King’s Cross from a university and engineering firm to a property company and local authority. Meanwhile this summer the first residents and restaurants moved into King’s Cross and Granary Square, with its spectacular fountains, opened next to the canal.”
Practical completion of the Western Transit Shed is due to be in November 2012 ready for fit out and the occupiers moving in, in 2013.
Savills acted on behalf of King’s Cross.