Victoria values: growing up and staying local in SW1 - Colliers International | London

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  1. February 2018

  2. Victoria values: growing up and staying local in SW1

    9 February 2018
    We have just completed on the acquisition a 60-person office space for a financial advisory firm based in Victoria
    Like almost every enterprise in the UK, the company was looking to balance its expansion plans with the uncertainty of Brexit. Having doubled in size in the last
    2 years, the firm had an immediate and urgent requirement for more space but wanted as much flexibility as possible around its commitment and future.

    Based in Victoria for the last 7 years, the company was keen to stay in the area, not only for the excellent transport links for its workforce and clients, but also because of the remarkable local regeneration that has taken place.

    After helping the tenant get clear on their requirements and to define their brief, we filtered through a myriad of options to shortlist suitable buildings. We eventually secured a deal on favourable terms at 84 Eccleston Square, one of London’s most prestigious locations.

    This new development from The Office Group is a radical repurposing of a regency building into a futuristic co-working space. Beyond the 7-storey grand façade, architects and designers SODA have created an unashamedly minimal and calming interior of generous ceiling heights and beautiful concrete augmented with the introduction of natural materials and plants. This gives the building sense of wellbeing that’s followed through with meditation rooms, a library, a cavernous gym and two garden terraces with views across the city.

    As part of the deal, The Office Group agreed to tailor a space to fit the needs of our client’s business by developing a self-contained office with its own kitchen and private meeting rooms.

    The SW1 postcode has really come of age recently and is now a bustling district of retail and office space that has completely transformed what was a somewhat seedy part of Central London. With the refurbishment of many old office blocks and the addition of many new commercial buildings, the streetscape is both familiar and unrecognizable at the same time. 

    But it’s the life at street level that has really made the difference with cafe culture and boutique shopping drawing people to the main thoroughfares and turning them into a destination in their own right. No longer a place to simply - and quickly - pass through, Victoria is now somewhere to linger and enjoy.

    The Office Group is a true pioneer of the shared workspace phenomenon. Since launching in 2003 with a mission to “reconfigure the modern British workplace to bring it into line with a fast-changing world”, the developer has delivered on its goal and amassed 30 buildings that house over 15,000 members from various sectors of the modern economy, from freelancers and entrepreneurs, through app makers and architects to established professionals and disruptive start-ups.

    The Author

    Mark Bott
    0207 101 2020
    07879 890 115
    Mark.Bott@colliers.com