With a similar project in the West End recently completed and another in the City well underway, Hines is keen to bring yet more office space to the London market by way of a new eight-storey structure in High Holborn.
See our Guide to Renting an Office in Holborn here.
A BREEAM Excellent rating has been achieved in relation to the planned building’s sustainability credentials and the company behind its development is convinced of the demand for more class-A office space in all parts of central London.
Chichester House currently stands at the site earmarked for the new construction and Hines is intending to make available 67,000 sq ft of office space, as well as roughly 3,000 sq ft of retail space.
UK project director at the company Alexander Knapp said: “The site is exceptional – it will provide high-quality office space which links High Holborn to the green spaces of Lincoln’s Inn Fields.
“We are very optimistic about the leasing prospects for 280 High Holborn as we expect it to be completed at a time when Midtown will have very low levels of Class A supply.”
Having first been established in 1957, Hines now has an office presence in several major US cities, including New York, San Francisco, Atlanta, Chicago and Houston, as well as in London. Some of its most prestigious office space developments worldwide to date include the EDF Tower in central Paris and the Del Bosque buildings in Mexico City.
Editor’s notes: The reconstruction of 280 High Holborn successfully completed in 2012.
Occupiers that rented office space at 280 High Holborn included Edison Investment Research, Gilead Sciences, GL Hearn Limited, and Joseph Hage Aaronson LLP. The retail space was let to Pret a Manger.
In August 2014, when the building was fully occupied, Hines agreed to sell the property to a private client of Citi Private Bank for an undisclosed sum.