Quintain today announced the release of 750,000 square feet of space for office development at Wembley Park.
Guests including broadcaster Clare Balding are to attend a launch announcing a partnership with Colliers International and Cushman & Wakefield for the new London business destination.
The event is pitched at large companies who want a well-connected and competitively priced, modern, London HQ. The offices will be built bespoke to the individual requirements. It will rival other developments like Stratford and Croydon with prices at less than £40 per square foot.
It is expected that hi-tech businesses and financial companies dealing with large volumes of data will be drawn by Wembley Park’s great connectivity – with a 12 minute journey to central London and the site being noted for having the fastest broadband in London, made possible with fibre optic cables built in as standard. Current offices and homes have speeds of up to 1GB and The SSE Arena and new offices will benefit from 10GB.
This new office development will complement the current offering which supports more than 4,000 people are already working at Wembley Park’s campus-style site.
James Saunders, COO of Quintain, said: “These new offices provide a great opportunity for companies to share in the success of London’s newest business destination.
“We offer a supremely well-connected location just 12 minutes from the West End, superfast broadband, a campus-style environment with shops and other entertainments which helps staff retention, and all at a highly competitive rate.”
Councillor Roxanne Mashari, Lead Member for Employment and Skills at Brent Council said: “Creating new, high quality jobs has always been a key feature of the Council’s vision for Wembley.
“We are pleased to see Quintain rising to this challenge and look forward to supporting them secure excellent tenants. We would also work with new tenants to help meet their employment needs.”
Companies will be able to design their own office blocks and move in within 24 months. The buildings will range in size from 70,000 square feet to 750,000 square feet. They will have excellent efficiencies that can accommodate an occupational density of 1:8 sq m.