170,000 SQ FT DELIVERY 2019

Transcription

1 Two 170,000 SQ FT DELIVERY 2019

2 CONTENTS 02 Merchant Square 06 Two Merchant Square 08 Floor Plans 12 Accommodation 20 Technical Specification 22 Connectivity 24 Future Developments & Local Occupiers 27 Professional Team 29 Contacts 3 TWO MERCHANT SQUARE PADDINGTON 1

3 MERCHANT SQUARE London landmarks Madame Tussauds Marylebone Road The Shard Waterloo Station Marble Arch Houses of Parliament Hyde Park Marylebone Station The City Canary Warf Grand Union Canal Bond Street Oxford Street The London Eye Paddington Station Park Lane Green Park Bloomsbury Soho South Bank Fitzrovia Mayfair Marylebone Paddington 2

4 THE EVOLUTION Future Development OF MERCHANT SQUARE WARWICK AVENUE 9 Minute Walk UNDERGROUND: BAKERLOO LINE PADDINGTON 5 Minute Walk ELIZABETH LINE, NATIONAL RAIL, UNDERGROUND: BAKERLOO, HAMMERSMITH & CITY, CIRCLE, DISTRICT LINES Station Bridge Paddington Walk CYCLE HIRE The Point St Mary s Bridge Waterside House NORTH WHARF ROAD Rolling Bridge St Mary s Hospital HARROW ROAD 5 Merchant Square GRAND UNION CANAL SOUTH WHARF ROAD Two Pavilion Two 3 Merchant Square Fan Bridge Hilton London Metropole HARBET ROAD 4 Merchant Square PADDINGTON BASIN PRAED STREET EDGWARE ROAD EDGWARE ROAD 1 Minute Walk UNDERGROUND: BAKERLOO, HAMMERSMITH & CITY, CIRCLE, DISTRICT LINES Merchant Square in Numbers 2.7 Acres 25,000 sqft Retail space completed to date 26,000 sqft Leisure space completed to date 729,000 sqft Office Space completed to date 634 Apartments completed to date On site Crèche 22,000 sq ft Virgin Gym on site 90 bed boutique hotel to be constructed Over 300 apartments to be constructed Station Bridge The Point The Point St Mary s Bridge St Mary s Bridge Waterside House Waterside House Rolling Bridge Rolling Bridge 5 Merchant Square Station Bridge Pavilion Fan Bridge 5 Merchant Square 3 Merchant Square 4 Merchant Square 4 Merchant Square Pavilion Fan Bridge 3 Merchant Square TWO MERCHANT SQUARE PADDINGTON 3

5 Merchant Square is a waterside development set alongside the basin of the famous Grand Union Canal in the heart of Paddington. The waterside community comprises cafés, bars, restaurants and luxury apartments; It is also home to international companies such as M&S and BMG. 4

6 Health and wellbeing is at the heart of Merchant Square s philosophy. The landscaped canal-side setting provides the focal point for cultural events, lunchtime and evening socialising, a weekly food market and water-based sporting activities. TWO MERCHANT SQUARE PADDINGTON 5

7 TWO MERCHANT SQUARE OVERVIEW 2 Merchant Square is a new contemporary office development and is the latest development within European Land s award winning waterside business community located along Paddington s famous Grand Union Canal. Overview 170,000 sq ft of Grade A office space across 16 floors Designed by Robin Partington & Partners Minutes from Paddington, Crossrail and Edgware Road transport hubs Part of a vibrant waterside community with a weekly sports, wellbeing and entertainment programme Delivery 2019 Design features Typical floor plate 12,000 sq ft Density 1:8 per sqm Stylish urban design cues full height glazing, potential for exposed columns and services Double height reception with business lounge and café Sky terrace with internal meeting and function areas Stylish high specification design throughout Communal terrace (1,300 sq ft) on the 16th floor Additional Private Terrace (1,000 sq ft) Unique opening pivot doors in ground floor reception Openable façade that overlooks the garden square on each floor 180 cycle spaces with dedicated cycle lift as well as 250 lockers Shower rooms 12 car parking spaces BREEAM Excellent Basement space for tenant standby generation 6

8 2 Merchant Square from A40 9 TWO MERCHANT SQUARE PADDINGTON 7

9 GROUND FLOOR KEY: Retail Unit 1 Retail Unit 2 / Dedicated 2nd Office Entrance Reception - 2,078 SQ FT Business Lounge & Café - 1,450 Sq Ft RETAIL DEDICATED 2ND OFFICE ENTRANCE RETAIL / POTENTIAL DEDICATED OFFICE ENTRANCE CYCLE ENTRY FLOOR PLANS NOT TO SCALE, FOR INDICATIVE PURPOSES ONLY. 8

10 Entrance viewed from the garden square 11 TWO MERCHANT SQUARE PADDINGTON 9

11 10 Reception Business Lounge

12 Main Reception TWO MERCHANT SQUARE PADDINGTON 13 11

13 ACCOMMODATION West Building Elevation Schedule of Areas SUBJECT TO ONSITE VERIFICATION. Level Office (SQ FT) Private Terrace (SQ FT) Communal Space (SQ FT) Communal Terrace (SQ FT) 16 1,366 1,000 1,253 1, , , , , , , , , , , , , , , GROUND 2,078 (Reception) 1,450 TOTAL 173,742 1,000 2,703 1,300 Basement Car Parking Basement Cycle Parking 12 Spaces 180 Spaces 12

14 TYPICAL FLOOR 12,322 sq ft / 1,145 sq m KEY: Office Core 30m 8.8m 20m 4.7m OPENING FAÇADE 9.4m FLOOR PLANS NOT TO SCALE, FOR INDICATIVE PURPOSES ONLY. 15 TWO MERCHANT SQUARE PADDINGTON 13

15 14 Typical Upper Floor

16 Typical Upper Floor 17 TWO MERCHANT SQUARE PADDINGTON 15

17 TOP FLOOR & TERRACE 16th Floor Layout KEY: Office - 1,366 Sq Ft 16th Floor Private Terrace - 1,000 Sq Ft Communal Space - 1,253 Sq Ft Communal Terrace - 1,300 Sq Ft CGI Viewpoint FLOOR PLANS NOT TO SCALE, FOR INDICATIVE PURPOSES ONLY. 16

18 Top Floor Meeting Area 19 TWO MERCHANT SQUARE PADDINGTON 17

19 TOP FLOOR & TERRACE 1,366 sq ft / 127 sq m KEY: Office - 1,366 Sq Ft 16th Floor Private Terrace - 1,000 Sq Ft Communal Space - 1,253 Sq Ft Communal Terrace - 1,300 Sq Ft CGI Viewpoint FLOOR PLANS NOT TO SCALE, FOR INDICATIVE PURPOSES ONLY. 18

20 Top Floor Terrace Looking South East 21 TWO MERCHANT SQUARE PADDINGTON 19

21 TECHNICAL SPECIFICATION Occupancy Design Criteria Building Services generally designed for one person per 8m 2. OFFICE COOLING AND VENTILATION: One person per 8m 2. WC PROVISION: One person per 10m 2 60% male 60% female including one accessible WC per floor. MEANS OF ESCAPE: One person per 6m 2. FRESH AIR: 16 litres per second per person based on 1 person per 10m 2. Car Parking - At basement level 12 spaces. CYCLES: 180 secure internal spaces served by a dedicated cycle lift. Twelve male showers, twelve female showers and one DDA compliant shower room. 250 lockers and a separate drying room. Office Accommodation PLANNING GRID: The office accommodation layout provides opportunity for cellular, mixed or open plan office layouts utilising a 1.5m module. CLEAR CEILING HEIGHTS: 5235mm ground floor reception. 2750mm second to sixteenth floors. RAISED FLOOR VOID: All office floors provide for 150mm raised floor zone. CEILING/LIGHTING ZONE: A lighting zone of 110mm is generally provided in the offices. Internal Finishes, Offices WALLS: Painted plasterboard partitions. FLOORS: 600x600 full accessible steel encapsulated raised floor. DOORS: Blue steel framed glazed doors to office entrance, white painted timber doors with stainless steel ironmongery and access control to cores. BLINDS: Recessed blind box within the plasterboard margin to take tenant installed blinds. Reception FLOORS: Grey granite and porcelain floor. WALLS: White painted plasterboard with polished plaster, exposed concrete, blue steel and leather feature walls. CEILINGS: White painted plasterboard. RECEPTION DESK: 3-person reception desk, with blue steel work top and sawn timber front, encased in a blue steel portal, with feature leather panelled wall behind. ENTRANCE DOOR: 3.6m revolving door with pass doors either side. OPENING FAÇADE: 4.75m high pivot doors that open onto the garden square. Business Lounge & Café: FLOORS: Wide planked sawn timber. WALL: Wide plank sawn timber with blue steel feature walls and painted plasterboard. CEILING: White painted plasterboard with pendant and recessed lighting. FURNITURE: A mixture of fixed banquette seating, built in timber benches and free standing tables, benches and chairs. 16th floor communal space WALLS: White painted plasterboard walls, with feature. FLOOR: Wide plank sawn timber flooring Dedicated kitchenette, WCs and cloakroom. CEILING: White painted plaster board with recessed and pendant lighting. 16th floor communal terrace FLOORS: Timber decking. BALUSTRADES: Glass and aluminium balustrade. SEATING: Fixed and free standing external tables, chairs and benches. Wi-fi The whole building is wi-fi enabled. 20

22 Toilet Accommodation Structural Design Criteria Small power allowance BREEAM Rating 5 female WCs, 3 male WCs with 2 urinals and 1 disabled WC per floor. FLOORS: Mid grey porcelain tiles. CEILINGS: White painted plasterboard ceiling with a mixture of suspended pendant lighting and recessed down lights. ENTRANCE DOORS: Full height, solid core, painted flush doors. WALL FINISHES: Grey ceramic wall tiles, back painted glass wall panels. CUBICLES: Fenix finished doors, with exposed oak lippings. White plasterboard dividing walls. SINKS: Concrete trough sinks with automatic sensor taps and hand dryers integrated into the wall system behind. Lift Installation 6 x 21-person passenger lifts operating at 2.5m/s serving all office floor with destination control. 1x 2000kg goods lift serving basement and all office floors. 1x 1275kg Cycle lift serving ground floor and basement levels. Façade High quality anodised aluminium glazed unitised cladding system with floor to ceiling glass. The building has an intumescently painted structural steel frame, with composite metal deck concrete floor slabs. Basement to roof reinforced concrete cores. Floor loadings The following loadings have been applied to the design. Basement car park 2.5kN/sq m. Office areas (total) 4.5kN/sq m + 1kn/sq m. Main plant areas 7.5kN/sq m. Loading bay 10kN/sq m. Services Design Criteria Mechanical Services INTERNAL TEMPERATURES WINTER: OFFICE/ RECEPTION: 22 degrees +/- 2 degrees Internal temperatures summer Office/Reception 23 degrees +/- 2 degrees C Office Density (ventilation/cooling) One person per 10 sq m net office area based on 16 litres per second per person. Cooling loads Lighting 12W/sq m net office area Power 25 W/sq m net office area Lighting 10w/m 2. Small power 25w/m % future allowance. High level mechanical power 6w/m² Space provided within roof top plant area for the tenants IT equipment. Electrical Installation Incoming supplies A dedicated SSE HV switch room serving a landlords owned substation installed at basement level that supplies power to the building via the basement LV switch room. The supply availability is 2200KVA. Standby Generator Provision for a stand by diesel generator is located at basement level, there is additional space for a tenant generator at basement level. Lighting The lighting comprises of LED luminaires throughout the building designed in accordance with CIBSE LG7 standard. The office floor plates are provided with a modular wiring system and addressable controlled lighting system The following lighting levels have been in the building design. GENERAL OFFICE: 400 lux average Reception 300 lux Stair 150 lux Stores and plant rooms 200 lux Office targeted to achieve a BREEAM Excellent rating. Telecommunications Incoming BT service ducts are provided at basement level with shared cable routes to the tenants communication risers within the main core. Risers Risers are provided within the main core to accommodate the tenants IT/data cables; a riser is also allocated for the tenants refrigeration pipework for tenants' comms. Plant Space allocation at roof level for the office tenants' plant, space will be allocated by the Landlord. 23 TWO MERCHANT SQUARE PADDINGTON 21

23 CONNECTIVITY Paddington and Edgware Road stations provide fast connections across London: Paddington Station Elizabeth Line (Crossrail) from 2018 Paddington Station 5 minutes walk King's Cross St Pancras Station 17 minutes Oxford Circus Station 12 minutes Tottenham Court Road 4 minutes via Elizabeth Line Bakerloo, Circle, District, Metropolitan & City Lines Great Western Railway Heathrow Express Edgware Road Bakerloo, Circle, District, Metropolitan & City Lines Edgware Road Station 4 minutes walk Two Liverpool Street Station 10 minutes via Elizabeth Line Green Park 15 minutes Water Taxi Paddington Basin to Little Venice (from 2017) Victoria Station Bank Station Heathrow Airport 22 minutes 24 minutes 24 minutes via Elizabeth Line Waterloo Station 25 minutes Gatwick Airport 58 minutes Canary Wharf Station 17 minutes via Elizabeth Line London City Airport 25 minutes Stratford 19 minutes via Elizabeth Line 22

24 Paddington Station CGI Concourse CGI Hayes & Harlington 16 MINUTES Paddington Tottenham Court Road 4 MINUTES Liverpool Street (FOR STANSTED AIRPORT) 10 MINUTES Stratford 19 MINUTES Heathrow 24 MINUTES Ealing Broadway 7 MINUTES Bond Street 3 MINUTES Farringdon (FOR GATWICK AND LUTON AIRPORTS) 8 MINUTES Whitechapel 13 MINUTES Canary Wharf Custom House 20 MINUTES Woolwich (FOR LONDON CITY AIRPORT) 17 MINUTES 25 MINUTES Two 25 TWO MERCHANT SQUARE PADDINGTON 23

25 FUTURE DEVELOPMENTS & LOCAL OCCUPIERS CURRENT DEVELOPMENTS: Merchant Square Brunel Building 5 MINUTE WALK Dudley House North Wharf Gardens 4 Kingdom Street Paddington Quarter West End Green CANALS Paddington Station 5 MINUTE WALK PARKS 25 PEDESTRIANISED AREA 5 MINUTE RADIUS 24

26 LOCAL OCCUPIERS 1 Microsoft 2 Kaspersky Lab 3 Edward Mann 4 Blur Group 5 Vertex Events 7 Cognizant 8 Vodafone 9 Misys 10 Splunk 11 Kingfisher 12 Blenheim 13 Mindtree 14 Wipro 15 Visa 16 A2Dominion 17 Marks & Spencer 18 Business Environments 19 Helios 20 NCR 21 BMG 22 United Health UK 23 Post Office 24 JCDecaux 25 JCB International 26 Zendesk 27 BCD Travel 28 The Office Group 29 Coty 30 Volex 31 Chapham Taylor 32 WeWork 33 Adam & Eve DDB 34 Worldwide DDB 35 Pizza Express 36 Lock House 37 KuPP 38 Heist Bank 39 Virgin Active 40 Citrix 41 Statoil 27 TWO MERCHANT SQUARE PADDINGTON 25

27 26 Garden Square View

28 PROFESSIONAL TEAM DEVELOPMENT MANAGER: European Land and Property Limited ARCHITECT: Robin Partington & Partners STRUCTURAL ENGINEERS: WSP Parsons Brinckerhoff SERVICES ENGINEERS: Hoare Lea LLP COST CONSULTANTS: Quantem Consulting LLP PROJECT MANAGERS: Arcadis 29 TWO MERCHANT SQUARE PADDINGTON 27

29 EUROPEAN LAND European Land has already demonstrated that it has the vision and resources to deliver a world class development. Its previous success include The Point, The Waterside Building, Paddington Walk and Kings Chelsea, along with the recently completed 3, 4 and 5 Merchant Square. European Land has brought together an international team of proven professionals to design and deliver its latest project - 2 Merchant Square - to the highest standards. THE POINT (2003) WATERSIDE HOUSE (2003) PADDINGTON WALK (2005) 4 MERCHANT SQUARE (2010) 5 MERCHANT SQUARE (2010) 3 MERCHANT SQUARE (2014) 224,000 sq ft let to EE. 240,000 sq ft let to Marks and Spencer. 232 residential units. 201 residential apartments. 265,000 sq ft let to Marks and Spencer, NCR, BMG, UHG, Helios and Business Environments Private - 42 affordable - Retail units let to Pizza Express and Lock House 28

30 CONTACT Ben Stanley T: 44 (0) Adrian Crooks T: +44 (0) Nick Codling T: 44 (0) Philippa Lambert T: +44 (0) knightfrank.co.uk jll.co.uk MISREPRESENTATION ACT (I) ALTHOUGH MAXIMUM CARE HAS BEEN TAKEN TO ENSURE THE ACCURACY OF THE INFORMATION CONTAINED WITHIN THIS REPORT, SUCH INFORMATION IS SUBJECT TO CHANGE AND CONFIRMATION. (II) NO LIABILITY WILL BE ACCEPTED BY KNIGHT FRANK AND JLL LIMITED FOR ANY LOSS ARISING FROM INFORMATION CONTAINED WITHIN THIS REPORT AS IT MAY HAVE BEEN PROVIDED BY A THIRD PARTY SOURCE AND WILL REQUIRE VERIFICATION. (III) THIS REPORT PROVIDES A GENERAL OUTLINE ONLY FOR THE GUIDANCE OF PROSPECTIVE PURCHASERS AND DOES NOT CONSTITUTE THE WHOLE OR ANY PART OF AN OFFER OR CONTRACT. (IV) NO EMPLOYEE OF KNIGHT FRANK AND JLL LIMITED HAS THE AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY OR ENTER INTO ANY CONTRACT WHATEVER IN RELATION TO THE PROPERTY. (V) RENTS AND PRICES STATED WITHIN THIS REPORT MAY BE SUBJECT TO VAT. OCTOBER TWO MERCHANT SQUARE PADDINGTON 29

31