Kier to Deliver £69m Sustainable Commercial Development at 135 Park Street

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• Kier to Deliver £69m Sustainable Commercial Development at 135 Park Street

28 July 2022

A new commercial building at 135 Park Street in Southwark, London will provide 131,900 sq ft of office space, 12,900 sq ft of affordable workspace, and a further 1,500 sq ft of retail space.

Barings and LBS have selected Kier to design and construct the £69 million, 12-storey, 148,486 sq ft commercial building, near Shakespeare’s Globe Theatre and the Tate Modern.

The building will be delivered to achieve specific UKGBC Upfront Carbon targets, which focuses on an overall reduction in carbon associated with construction activities and building materials. This will include using low carbon concrete and a high performance, largely prefabricated, façade.

The project is targeting BREEAM ‘Outstanding’ along with a 5-star NABERS rating for high specification, cutting edge sustainable commercial buildings.

135 Park Street will also include light, airy spaces with large windows, green landscaping on the roof, external spaces, and panoramic views across the city. 

Ian Mayhew, Managing Director, UK Asset Management at Barings, said: “135 Park Street is a net zero carbon development, both embodied and in operation and, combined with its generous amenities, we are providing just the sort of workspace that forward-thinking occupiers require.”

Nick Crawford, CEO of LBS, added: “We are delighted to have appointed Kier as main contractor to deliver this best-in-class, highly-sustainable office building in one of London’s most attractive submarkets. 135 Park Street will set a new benchmark for the London office market, with the occupier at the centre of every decision from concept to completion.” 

Picture: Image Credit: Kier

Article written by Ella Tansley | Published 28 July 2022

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