The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Topland and Beltane Asset Management's Verdant Scheme Begins

Topland and Beltane Asset Management's Verdant Scheme Begins
13 July 2021

Topland and development partner Beltane Asset Management have started construction of Verdant, a comprehensive extension and redevelopment of 150 Aldersgate Street and 3-4 Bartholomew Place.

The Farringdon office building is being redeveloped to meet changing occupier requirements.

The scheme, that will see the two sites connected through a new extension, will create 135,000 sq ft of new office accommodation. The building will benefit from dual entrances to both Aldersgate Street and Bartholomew Place.

It is located within the heart of the Cultural Mile and within two minutes’ walk of the Farringdon Elizabeth line underground entrance at Long Lane.




Biophilic Design and Natural Ventilation


Verdant has a low embodied carbon footprint achieved by reusing approximately 80 per cent of the existing structure, natural ventilation throughout and a bespoke biophilic design integrated into the architecture. In addition, there are green roofs, terraces on all floors, hard and soft landscaping and the creation of external courtyards. Communal facilities will be incorporated, including a ground floor café and co-working area and further investment in sustainable travel is included, with the introduction of more than 250 cycle spaces.

Once complete, the building will comprise 135,000 sq ft of Grade A office accommodation, with floorplates ranging from 2,000 sq ft to 17,000 sq ft, suitable for a range of office users.

The building is scheduled to complete in Q2 2023 and Cushman & Wakefield and BH2 have been appointed as leasing agents.

Mark Kingston, ms of Topland, said: “Our decision to build speculatively demonstrates not only our confidence in the London office market, but also our confidence in the scheme itself. Verdant provides truly sustainable next generation office space that we believe will appeal to a wide range of occupiers”.

Jonathan Chenery, Founding Partner at Beltane Asset Management added: “We are delighted to get going on the redevelopment of Verdant. The building will provide occupiers with a sustainable workplace of the highest quality, aimed at fostering wellbeing and productivity, in arguably one of London’s most attractive sub-markets. Farringdon, Clerkenwell and Smithfields are experiencing record-levels of demand from a range of sectors that are attracted by the transport connections at Farringdon and all that the area has to offer.”

Picture: a photograph of the exterior of the proposed Verdant Scheme 

Article written by Ella Tansley | Published 13 July 2021


Related Articles

Former Sage Newcastle HQ For Sale

The former Sage headquarters office building in Newcastle upon Tyne, North Park, has been placed on the market. The 212,865 sq ft office building is located in...

 Read Full Article
Contractors Sought for New Sustainable Victoria Office

The largest speculative office scheme to come forward in London since the pandemic is to go ahead. Welput, the central London office fund managed by BentallGreenOak...

 Read Full Article
OneThreeSix Let to London Fintech Company

Smart, the fintech company, has signed a lease for OneThreeSix as its six-floor global HQ. Native Land has let 136 George Street, which will be to be...

 Read Full Article
1.28m Sq Ft Take-up of Central London Offices in Q1

The latest data from global advisory firm Cushman & Wakefield shows Central London office take-up totalled 1.28 million square feet (MSF) in Q1 2021, a 117 per...

 Read Full Article
New London Workspaces Open in Midtown & Spitalfields

Flexible workspace provider x+why has announced the launch of two new London workspaces: The Fulwood in Midtown and Huguenot Place in Spitalfields. The...

 Read Full Article
JLL to Relocate from Canary Wharf to Wood Wharf

JLL will take 38,000 sq ft at 20 Water Street, Wood Wharf to house its Docklands office. The global real estate adviser will relocate the teams currently based at...

 Read Full Article
IWFM Report Shows 58% of FMs Believe the Market Will Improve Within a Year

The Institute of Workplace and Facilities Management has released its Market Outlook 2021 report, revealing that most FM professionals believe the market will...

 Read Full Article
Goldman Sachs to Open New Birmingham Office

Goldman Sachs Group has announced that it intends to expand its footprint in the UK by opening a new office in Birmingham. The investment banking firm hopes to open...

 Read Full Article
77 Coleman Street Reaches 50% Occupancy Despite Pandemic

Dolfin Financial Ltd has been announced as the latest tenant at the landmark London building. Kajima Properties, the London based property investor, developer and...

 Read Full Article
British Library Extension to Include Commercial Office Space

The British Library is to have an 800,000 sq ft extension to its King’s Cross site, with construction beginning in 2023. There will also be 100,000 sq ft of new...

 Read Full Article