The King’s Cross Central Limited Partnership (KCCLP), the company driving the transformation of King’s Cross, has reached an agreement with global IT services company CSC (NYSE: CSC) to occupy 28,000 square feet in One Pancras Square on a 10-year lease. The CSC office, which will open in May 2014, will be the company’s regional hub for the UK and Ireland, with leadership, sales and client management functions assigned to it.
“Since we began our strategic transformation twenty-one months ago, we have been seeking space in central London to serve as a hub that can reinvigorate our business in the U.K. and Ireland region and establish a client-centric approach to the marketplace,” said CSC’s vice president and general manager Liz Benison. “Having emerged as a centre for next-generation IT personnel, the King’s Cross area will provide ample access to the workforce that we need to meet new client opportunities.”
The eight storey building, with its distinctive cast iron columns, has been designed by David Chipperfield Architects and is nearing completion. It will be the first speculatively built office building completed on the development, and CSC will occupy the first four floors of the building.
Commenting on the letting, Nick Searl of Argent (King’s Cross) Ltd., the asset manager at King’s Cross said, “We are delighted to welcome CSC to King’s Cross. CSC is a very successful global enterprise and their decision to come to King’s Cross further underscores the area’s credentials as a serious place to do business and a great office location for a growing and diverse range of companies. Their decision means One Pancras Square is now fully let before completion.”
One Pancras Square occupies a prime position between King’s Cross and St Pancras International stations and sits next to the Grade II listed German Gymnasium, which is set to become a restaurant and bar in 2015. The property also benefits from a new entrance that links directly into the King’s Cross St Pancras underground station.