The national trade union Unison has announced it has secured funding for new office space in London WC1.
The firm is set to build a new 75,000 sq ft development on the site of the former Elizabeth Garrett Anderson Hospital near Goodge Street. The new office space is set to house 300 of the firm’s workers and will act as the union’s official headquarters. The new build will replace Unison’s existing office buildings and is believed to include the partial restoration of the site’s Grade II listed buildings. It’s thought these buildings would then be linked to a new development via a glass atrium.
Although the new building will be constructed in Central London, the Birmingham office of The Co-Operative Bank is providing funding for the new development, while the Midland’s office of property agent Colliers International is also believed to be monitoring the building.
The multi-million pound development is earmarked for completion by the end of 2010 and could house the union’s employees by the end of the year. The new development comes at a time when a large majority of new office space builds are currently being resurrected in a bid to cope with the imminent office space shortage in the capital.
In the past week alone Land Securities have managed to secure a new partner for their Walkie Talkie Tower at 20 Fenchurch Street and Exemplar Properties have confirmed they have signed a development agreement for the regeneration of the former London Fruit and Wool Exchange.