Following commencement of works in March 2021, the structural construction works to 1 Wood Crescent at Television Centre are now complete, with remaining works underway in readiness for a scheduled final completion in Q1 2023.
Forming part of the ongoing redevelopment of Television Centre in West London, 1 Wood Crescent is being developed by Stanhope on behalf of investors Mitsui Fudosan and Alberta Investment Management Corporation (AIMCo) and some of their clients. The building is designed by architects Morris+Company and is being constructed by Laing O’Rourke.
1 Wood Crescent is a new nine storey building comprising 112,247 sq ft of prime office space located on the west side of the Television Centre campus which will include multiple terraces and a café, all with views over Hammersmith Park and the surrounding White City area and beyond.
PVH Corp., parent company to brands including Calvin Klein and Tommy Hilfiger, is relocating its U.K. headquarters to the top five floors of the brand-new building, totaling 50,000 sq ft of office space.
Jonathan Trout, Property & Commercial Director, Stanhope said:
“The completion of the construction phase of 1 Wood Crescent is another key milestone in the ongoing redevelopment of the Television Centre site and the overall regeneration of White City. We are delighted to welcome PVH Corp., one of the most admired fashion and lifestyle companies in the world, upon completion, adding yet another creative giant to this growing innovation district.”
Tomoo Nakamura, Managing Director, Mitsui Fudosan UK said:
“We are delighted with the progress made in the construction of 1 Wood Crescent at Television Centre and the ‘Topping Out’ ceremony highlights the great progress towards final completion of the works in early 2023. Mitsui Fudosan are proud to support this project and the ongoing development of a growing innovation district in West London.”
Rupert Wingfield, Real Estate Head, Europe, AIMCo said:
“Having commenced construction of 1 Wood Crescent in 2021 with Stanhope and Mitsui Fudosan, it is pleasing to see the building approaching completion. Television Centre continues to attract global leaders in creativity and innovation, and the delivery of 1 Wood Crescent will offer these occupiers Grade A, BREEAM Excellent accommodation. We look forward to the full completion of the building next year.”
Paul McNerney, Director of UK Building, Laing O’Rourke said:
“Laing O’Rourke is proud to be delivering 1 Wood Crescent for Stanhope. Our digitally enabled use of modern methods of construction has been instrumental in achieving today’s milestone. It’s also helped us minimise the impact of construction for residents and businesses in the area.
“The involvement of the specialist businesses in our integrated supply chain has reduced complexity and helped keep the project on programme. We look forward to successful completion of the project next year.”
Polina Pencheva, Associate, Morris+Company said:
“It has been a pleasure working with Stanhope Plc, Laing o’Rourke and Arup in delivering One Wood Crescent. By embracing lean design principles and DfMA from the start the team has strived to minimise the building’s environmental impact, whilst creating a best in class piece of architecture inspired by White City’s rich and varied context.”
PVH Corp. will be the latest in a growing list of existing fashion and creative occupiers at Television Centre and White City Place, including the BBC and ITV Studios, BBC Worldwide, Publicis Media, Ralph & Russo, Yoox-Net-A-Porter, Soho House and the White Company.
1 Wood Crescent will be the latest addition to Television Centre, a thriving estate at the heart of an £8 billion regeneration of White City. The unique mixed-use site has rapidly become one of the UK’s most forward-thinking hubs for the creative industries, with cafes and restaurants, apartments and a hotel, attracting some of the UK’s best creative talent and businesses, alongside the neighbouring business, creative and life sciences innovation district at White City Place.
