Construction starts on latest Green Park offices

July 2019 - Thames Tap

Work has begun on the construction phase of the latest major development at Green Park.

Two speculative 117,000 sq ft buildings at 400 and 450 Longwater Avenue are due for completion in Autumn 2020. The column-free accommodation will offer 24,000 sq ft floorplates and overlook Longwater Lake.

Designs for the offices, the first new buildings since Mapletree bought the park in 2016, have been accredited by the WELL Building Institute and are expected to achieve a BREEAM Excellent certification.

Rory Carson, Mapletree’s vice president of asset management in the UK, said: “Our commitment to Green Park and Reading as the business epi-centre of the Thames Valley is the driving force behind this next phase of the park’s development.

“Once the two new offices are built, the total amount of office space will increase to approximately 1.6 million sq ft, providing capacity for a further 2,500 people to join the Green Park business community.

“Our uncompromising dedication to enduring, beautifully designed buildings and a steadfast commitment to the needs of our occupiers ensures we can confidently look forward to the future of Green Park.”

Mapletree is now considering its next development which is likely to include retail, a hotel and serviced apartments.

There are currently 7,000 staff at the park, operating from 60 businesses.

Cushman & Wakefield and Campbell Gordon are agents acting for Green Park.