FORE Partnership is planning to go ahead with its development for a brand new London office, after receiving planning permission approval from Southwark Council this month.
The company acquired the building in July 2018 for £51m. FORE Partnership intends to expand on the existing 68,090 sq ft space to turn into 110,000 sq ft of office space in total.
Where will the London office be?
The office space in London will be next to Tower Bridge, and the plans for development are huge: the company plans to build a whopping 110,000 sq ft of workspace for its employees.
Overall, it is estimated that the total cost of development will exceed a staggering £90m.
The firm has partnered with the development manager Landid for this project. The design of the building will be carried out by Stiff + Trevillion, with CBRE as the office letting agent.
A 100% electric and zero-carbon building
Not only are FORE planning to build this office space in the heart of the capital, but they also plan for it to be low on environmental impact too.
The development plans for the building include making it 100% electric and zero-carbon when in operation.
Talking about their development plans, the managing partner at FORE Partnership said ‘ FORE is committed to creating developments that drive positive social and environmental benefits and better reflect the way people live, work, and interact with one another.’
What else does FORE Partnership plan to do?
In addition, FORE Partnership will be using solar panels in order to generate its electrical power for this building.
The overarching aim for the firm is to get BREAAM ‘Outstanding’ for the planned development once its completed, and an A energy performance certificate.
And that is not all. FORE also intends to receive a WELL Building Standard Platinum certificate for its development.
If they achieved this, it would be one of a few select properties to have obtained this level of certification. Currently, there are only around 20 buildings who have this.