Stanhope, on behalf of investors Mitsui Fudosan and Alberta Investment Management Corporation (AIMCo), and some of their clients, has announced the completion of 1 Wood Crescent at Television Centre in West London and its availability for letting to prospective tenants.
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 includes multiple terraces, all with views over Hammersmith Park and the surrounding White City area and beyond. The building is designed by architects Morris+Company and constructed by Laing O’Rourke.
PVH Corp., parent company to brands including Calvin Klein and Tommy Hilfiger, has already leased the top five floors of the brand-new building as its new UK headquarters, totaling 50,000 sq ft of office space.
Jonathan Trout, Property & Commercial Director, Stanhope said:
“We are looking forward to welcoming PVH Corp. to the completed 1 Wood Crescent building, providing the fashion and lifestyle powerhouse a Grade A, BREEAM ‘Excellent’ building as the base of its UK operations. The creative giant is an invaluable addition both to Television Centre and White City Place which continue to attract global brands as occupiers across the media and sciences sectors.”
Tomoo Nakamura, Managing Director, Mitsui Fudosan UK said:
“We are proud of the timely delivery of 1 Wood Crescent only two years following the start of construction. It is yet another successful milestone in the redevelopment of Television Centre. Mitsui Fudosan are delighted to be offering world-class facilities to creative companies looking to move to a growing innovation and business hub in West London.”
Rupert Wingfield, Real Estate Head, Europe, AIMCo said:
“We are delighted that PVH Corp. is relocating its UK headquarters to the new 1 Wood Crescent building. The building completion represents a significant addition to the creative ecosystem at Television Centre and offers new occupiers state-of-the-art office space with sustainability at its heart.”
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, BBC Worldwide, Publicis Media, Soho House, ME+EM and the White Company.
1 Wood Crescent will take its place at 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 creative industries, café 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.