The burgeoning Baker Street business district has received a boost this week, with the news that the office development at 10 Portman Square is nearing completion.
Developer British Land announced today that the building has now reached practical completion, with only the fit-out stage remaining before it is ready for occupation this summer.
Offering 113,000 sq. ft. of office space over its seven floors, the building has been designed by London-based Jestico+Whiles. A key feature of their vision for the building is its column-free floorplates of 18,500 sq. ft. offering large areas of flexible space. Floor-to-ceiling windows flood the building with natural light on all sides, while two terraces, on the fifth and seventh floors, offer views across London.
The combination of contemporary, practical office space with a West End location has ensured plenty of interest from businesses looking to take up space; the building is already 51% pre-let.
Speaking about the development, Nigel Webb, Head of Development at British Land, said: “This has been a fantastic team effort, and the building looks stunning. This is a new landmark building providing exceptional quality of accommodation. We are pleased with the level of pre-letting, with interest from occupiers remaining strong as companies seek grade A space in one of the West End’s prime business locations.”
Billed by its developers as a new landmark address in one of London’s most exclusive areas, 10 Portman Square falls within the Baker Street Quarter. This prime business location within the West End stretches from Marylebone Road down to Oxford Street, taking in roads including Manchester Street, Blandford Street, Chiltern Street and George Street, as well as part of Wigmore Street.
The Baker Street Quarter was designated as a Business Improvement District (BID) last month; a move which will pave the way for further development, promotion and improvement of the area as a business destination.
With office space at 10 Portman Square already in high demand ahead of completion, this area of the West End looks set for a thriving future as a popular business location.
Looking for offices in the Baker Street Quarter? Discover a selection of premium offices in the area at LondonOffices.com.
(Image by ell brown via Flickr.)