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.

 

Image

 

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

Share



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
Cushman & Wakefield Survey Reveals CRE Occupier Demands

A “what occupiers want” survey from Cushman & Wakefield gives a glimpse into occupiers’ approach to workplace decisions. Conducted in partnership...

 Read Full Article
TfL Searches for Partner to Expand Commercial Real Estate Portfolio

Transport for London is searching for a new joint venture partner to create a portfolio of three new commercial office developments at Bank, Paddington and...

 Read Full Article
Leeds Development First Outside London to Achieve NABERS 5 Star Target

A new development in the heart of Leeds, 11 & 12 Wellington Place, has been officially confirmed as one of the UK’s most sustainable office buildings. With a...

 Read Full Article
Madison International Realty Invests in 105 Victoria Street

Madison International Realty has invested in 105 Victoria Street, the UK's largest net-zero office development. This is in addition to the funding from Welput, the...

 Read Full Article
UK’s Largest 100% Electric Net-Zero Office Set For 2026

A £400 million development finance facility to fund 105 Victoria Street means building work will commence this year, with Skanska as the main contractor. Welput,...

 Read Full Article
Allianz Real Estate and Aviva Investors to Develop Prime London Offices

Allianz Real Estate and Aviva Investors have formed a joint venture to develop two Grade-A, prime office buildings in the City of London. 1 Liverpool Street and 101...

 Read Full Article
Google to Purchase Central Saint Giles Site

Google has announced that it will purchase the Central St Giles site where it is currently a tenant. MD of Google UK & Ireland Ronan Harris told the BBC: "We...

 Read Full Article
Shell Proposes to Move Head Office to UK

Oil giant Shell is proposing to its shareholders that its headquarters should move to the UK. The proposal states that the company wishes to hold its board and...

 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