LCR delivered the regeneration of Kings Cross and is currently working to deliver regeneration in Sheffield, one of the 20 beneficiaries of the Levelling Up Fund. Peter says that it’s crucial the Fund is used to realise the untapped potential of brownfield land around railway stations. Peter Hawthorne, CEO, LCR
In a move that will enable the delivery of c.450 new homes, 40,000 sq ft of commercial space and enhanced passenger facilities, LCR and Network Rail have commenced on the sale of a 7.4-acre site adjacent to Hemel Hempstead railway station. The site’s proximity to the station gives it unrivalled
The fourth office building for one of Europe’s largest commercial developments has received planning approval. The development is being carried out as a joint project between Lendlease and LCR, both of whom are joint partners of International Quarter London. The building has been designed by Rogers Stirk Harbour + Partners,
LCR delivered the regeneration of Kings Cross and is currently working to deliver regeneration in Sheffield, one of the 20 beneficiaries of the Levelling Up Fund. Peter says that it’s crucial the Fund is used to realise the untapped potential of brownfield land around railway stations. Peter Hawthorne, CEO, LCR said: “The recognition of the vast untapped potential of the under-used land surrounding our railway stations is exciting, because this is so crucial to unlocking the regeneration of place that is a cornerstone of this Levelling Up strategy. “We’ve seen this potential realised at Kings Cross, as Michael Gove has mentioned before. And will soon see it in cities like Sheffield, where the Levelling Up Fund’s investment into maximising the potential of reduced rail travel times to London will help to bring forward the Sheffield Midland and Sheaf Valley Regeneration Framework, which we have worked on alongside our partners in the city and the wider region. “While funding is one part of the puzzle and no doubt the focus of much of the feedback on today’s announcement, the other critical element is collaboration between devolved authorities, councils, transport executives, government agencies and landowners. This strategy provides the framework and impetus for this to take place.”
In a move that will enable the delivery of c.450 new homes, 40,000 sq ft of commercial space and enhanced passenger facilities, LCR and Network Rail have commenced on the sale of a 7.4-acre site adjacent to Hemel Hempstead railway station. The site’s proximity to the station gives it unrivalled connectivity and transport links, and it sits close to key local amenities, including supermarkets, restaurants and cafés, leisure facilities, schools and nurseries. It also backs onto Blackbirds Moor, a popular walking destination, part of the Chilterns Area of Outstanding Natural Beauty (AONB) and home to the Box Moor Cricket Club. Andrew Ferguson, regional director at LCR, said: “After much hard work over the past 24 months, we’re excited to have reached this next key project milestone as we implement our masterplan and bring the site to market. Coupling easy access to London with open green spaces and high-quality community assets, this site represents an unmissable opportunity to unlock new homes, commercial space and public value”. JLL has been instructed to support the selection of a development partner. Sajaad Ahmad, director at JLL, said: “We are delighted to bring such an exciting opportunity to the market and are seeking for a partner who shares LCR and Network Rail’s vision and ambition for creating a new vibrant residential community in Hemel Hempstead.” LCR and Network Rail formed a partnership in 2018 to identify opportunities to free up underutilised land for residential development at and around stations across the rail network. The two organisations will work alongside landowners to pool or acquire the critical mass of land required for new development at every station, before securing planning and bringing opportunities to market alongside other key government agencies, including Homes England. The partnership recognises the importance of a collaborative process in creating new, market-ready opportunities. Bringing together the unique and complementary skillsets of the public, private, rail and real estate sectors is key to unlocking development across these often-complex brownfield sites.
The fourth office building for one of Europe’s largest commercial developments has received planning approval. The development is being carried out as a joint project between Lendlease and LCR, both of whom are joint partners of International Quarter London. The building has been designed by Rogers Stirk Harbour + Partners, architects that are acclaimed around the world. The building is expected to create 280,000 sq. ft. of new workspace spread out over 10 storeys. The plans are a development on the work already being carried out in the International Quarter London. The Quarter will welcome Transport for London, the first commercial tenant of the new construction. Transport for London will move in to the new major office in September. The International Quarter London is a development that is being carried out by Lendlease and LCR. The Quarter has been developed in Stratford, and is at the heart of the largest urban regeneration in Europe. The project is expected to create four million sq. ft. of A Grade office space as well as 333 new homes and other community facilities all inside a 22-acre site. It is thought that the new development will become the new location for progressive business. It is thought that the site will attract a lot of attention because of the plentiful amount of green space as well as the connection to some of the most forward-thinking institutions in the world as well as excellent transport connections. The first two residential towers are expected to be finished for May 2017 and one million sq. ft. of the office space has already been pre-let. The International Quarter London will act as a gateway to Queen Elizabeth Olympic Park and will be able to aces a high standard of infrastructure such as transport links. It is thought that once completed the International Quarter will be occupied by more than 25,000 employees every day.
