Meridian Delta, the joint venture between Lend Lease and UK property company Quintain, has announced that the Transport for London (TfL) agency has exercised an option to lease an additional two floors, comprising 5,600 m2, of the first commercial building at Greenwich Peninsula regeneration scheme in London.
Meridian Delta, the joint venture between Lend Lease and UK property company Quintain, has announced that the Transport for London (TfL) agency has exercised an option to lease an additional two floors, comprising 5,600 m2, of the first commercial building at Greenwich Peninsula regeneration scheme in London.
TfL will be the sole tenant of the 18,200-m2 building, which will be the first element to be completed and occupied in the Greenwich Peninsula's business district, Peninsula Central. The building, designed by Terry Farrell and Partners, includes over 1,000 m2 of retail space. Construction is scheduled for completion in summer 2009. The building combines energy efficiency and high design standards and hopes to achieve a BREEAM Excellent rating.
Nick Shattock, deputy chief executive of Quintain, said: 'As Peninsula Central takes shape, it is attracting increasing attention from businesses which want an excellent office location offering good value for money and from retailers looking to take advantage of the potential footfall from the Peninsula's occupiers, residents and visitors.'
Meridian Delta is to invest £100 mln (EUR 106 mln) in the 77-hectare waterfront site to create 10,000 homes, 29,000 jobs and a new business district for London with 325,000 m2 of office space. There will also be 34,000 m2 of retail space.
