Friday, 22 July 2016

20 Farringdon road gets a face lift

Having recently acquired the leasehold, Derwent London are providing a much needed face lift to 20 Farringdon road with an ingenious colour scheme and design pattern.  The new owners' track record at delivering best in class redevelopments and refurbishments of office space will attract high quality tenants in a continuing trend for the area as rents in proximity to Farringdon's Crossrail station due for 2018 continue to sky rocket.

New look for 20 Farringdon road

Entrance at the corner of Cowcross Street

Holding a prominent position in the bustling heart of Farringdon, situated adjacent to the Farringdon Crossrail site and minutes away from Farringdon rail and tube station. The area is set to become a hub for cross London travel with 20 Farringdon Road at the centre.

New entrance along Farringdon road

A transformed exterior with two new entrances. A contemporary finish, making the most out of such a prominent position with a bold, modern fa├žade. Final building will feature exterior signage to help identify both entrances. Two roof terraces (one public one private) have been created to make the most of the buildings height and position, with views of St Paul’s and beyond.

The communal roof terrace
Derwent London have a website detailing the refurbishment at 20 Farringdon road.

Friday, 15 July 2016

Hatton Garden BID given green light

The businesses of Hatton Garden have voted overwhelmingly in favour of establishing a Business Improvement District (BID) to deliver ambitious improvements across the area in the coming years.

A dedicated website for the Hatton Garden BID has been launched with a detailed proposal

79% of businesses voted ‘yes’ at the ballot (83% by rateable value) firmly endorsing the £2.5 million investment plan set out earlier this year by the Hatton Garden BID team.

The BID will go ‘live’ in October of this year with the aim of seeing Hatton Garden grow as a world-renowned business and visitor destination. The BID team will work with partners to enhance the area’s iconic status as London’s famous jewellery quarter and develop the experience of working, living, doing business and visiting the area.

Gary Williams, Chairman of the Hatton Garden BID, comments: “This is a fantastic result for the whole business community here in Hatton Garden. Clearly the businesses recognised the huge opportunity before them and have grasped it whole-heartedly. I am looking forward to bringing the business plan to life, injecting the £2.5 million investment in the coming years and delivering the benefits to businesses across the area.”

The Hatton Garden BID will focus on four priority themes and projects and services will be delivered across these areas, they are:

  • Better business connections and representation for the business community
  • High quality public realm
  • Area promotion and profile raising
  • Enhanced environment

An area wide Public Realm Strategy, new street furniture such as planters, seating and lighting, improved signage and air quality initiatives are just some of the projects that will improve the look and feel of the Hatton Garden area.

Networking opportunities, mentoring and training programmes and projects to showcase the creativity and skills within Hatton Garden will support businesses, protect the jewellery sector and position the area as a creative hub. Joint procurement programmes will save money for businesses in the area.

An important area of focus for the BID will be on giving the business community a voice on crucial issues such as Crossrail, which will have a significant impact on Hatton Garden when services start in 2018. Additionally, a high profile PR campaign, marketing materials and cultural events and projects to add to the character and vibrancy of the area are included in the Business Plan.

In the coming months, the Hatton Garden team will finalise a BID board which will be representative of the business sector mix in the area, appoint an executive team and develop the work programme for the first term of the BID, which runs for 4.5 years.

Chief operating officer of the London Diamond Bourse, Victoria McKay, adds: “I backed the Hatton Garden BID because significant, targeted and sustained investment will collectively benefit all the businesses in the local area over the next 4.5 years.”

The BID will be funded by a small levy on business rates (1%) and voluntary contributions will also be sought from property owners.

Sunday, 10 July 2016

New flagship Gymbox in London's midtown

Farringdon to be home to new flagship gym for Gymbox

Gymbox is to open a new flagship gym at 120 Holborn in London’s Midtown, which will become one of central London’s largest.  The trendy group, which promises customers “fitness insanity”, has taken a 38,000 sq ft facility in the basement of the newly refurbished building.  A new entrance is being created on Leather Lane to access the basement gym.

It is likely GymBox Farringdon members will be transferred to the new gym when it gets refitted as a bootcamp style gym named MOB45.

Rebranding of GYMBOX Farringdon to MOB45