This is what Wembley Park could look like in two yearsComments Off on This is what Wembley Park could look like in two years
Wembley stadium could soon be surrounded by new high-rise office blocks under a new development being launched by developer Quintain.
The company has released 750,000 square feet of land around Wembley Park, which it hopes will attract new tenants ranging from large corporates to fast-growing tech firms.
Quintain has partnered with real estate firms Colliers International and Cushman & Wakefield on the office scheme, which has outline planning permission for buildings on the site.
The trio are banking on its location just 12 minutes from the West End by rail, its other transport links and its super fast broadband connection – they claim it has the capital’s quickest internet speed – to draw firms away from more traditional business districts.
Rental prices are expected to sit below the £40 a square foot mark, rivalling the likes of Stratford and Croydon.
Quintain esimates that it will take two years for the offices to be built should the remainder of the planning process and the construction go to schedule.
The planned business centre is part of a wider overhaul of the area surrounding the stadium and Wembley arena.
Around 475 new residential apartments will be completed next year and another 360 flats are under construction.