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Topping Out at Chiswick Park's Building 6
Blackstone Group, Stanhope plc and Lend Lease celebrated the topping out of Building 6 at revolutionary London office campus Chiswick Park yesterday, just 10 months after ground breaking in November 2011.
Originally commenced as a speculative development, Norwegian oil and energy company Aker Solutions completed an agreement to lease the entire 215,000 sq ft office space of Building 6 in May 2012. The confirmed occupation of Aker affirms Chiswick Park as a centre for the Oil and Energy Sector and endorses Chiswick Park as the choice of UK office space for leading international businesses. It is anticipated that Aker’s move into Building 6 will accommodate 1,300 additional jobs at Chiswick Park by 2015, whilst the construction has created 200 jobs for the duration of the development.
It is testament to the team spirit and unity between all parties that has driven this development forward to this stage at an impressive rate, with a forecast completion date of July 2013.
Building 6, which is the tallest building to date at Chiswick Park, represents the 11th building that Stanhope plc and Lend Lease have developed on the site in 10 years.
The completion of Building 6 will take the level of built office space at Chiswick Park to 1.5 million sq ft and will make it home to over 6,000 employees from leading companies such as Discovery, Starbucks, Paramount and Swarovski. A development site with permission for the 333,000 sq ft Building 7 remains available, which is the final phase of Chiswick Park.
Chiswick Park has continued to buck the wider market trend with vacancy rates for office space now below 1% since Blackstone acquired the park at the start of 2011.
Speaking on behalf of Lend Lease, Executive Director Michael Dyke said. “The topping out of building 6 has been a fitting ceremony with which to celebrate our successful association with both Stanhope and Blackstone. And the speed of its delivery is a great testament to the collaborative working that has been a feature of our relationships throughout our presence on the Chiswick site. This is an impressive development and we’re delighted to have played our part in providing commercial space that is bringing economic benefit to this area of west London.”