Hammersmith to be Transformed by Grove Development
Building work begins on new offices on former NCP Car Park
The centre of Hammersmith will undergo a major change in 2012 as work is finally beginning this month on the redevelopment of the NCP Car Park at the foot of Hammersmith Grove.
The 1.5 acre site, which was previously owned by Transport for London (TfL), is located next to the Hammersmith & City line station and just to the north of the Broadway.
It is set to be transformed into two office buildings designed by London architects BFLS at a cost of £70 million.
The architects say: " The centre of Hammersmith enjoys superb tube and bus links to Central London and west towards Heathrow Airport and the Thames Valley beyond. In recent years, however, it has suffered from a lack of commercial development and has been overlooked by prospective tenants, who would bring life and money to the area. The ageing office stock and lack of Grade A space with large open floor plates has hampered the regeneration of the town centre.
" Restaurant/café space occupies the ground level, spilling onto the south-facing landscaped public realm and helping to deliver a new dynamic public environment."
Development Securities, the company behind the new buildings, announced in Autumn that the poject would go ahead after Scottish Widows Investment Partnership Property Trust (SWIPPT) committed £50 million to the forward funding of the development's first phase.
At the time of the announcement, Simon Hesketh, Project Development Director, Development Securities said: " We look forward to rewarding SWIPPT’s endorsement of our scheme, which has evolved in partnership with TfL and is set to deliver the best new office space Hammersmith has seen in many years."
Phase one, called Hammersmith South, which is the nin storey building located to the south of the site facing onto Lyric Square, will be built throughout this year with completion targeted for early 2013. The building will offer new offices, plus a number of restaurants and cafes.
July 5, 2010