Last week, Grosvenor celebrated the launch of Fifty Grosvenor Hill, a new 20,000 sq ft office development in the heart of the Mayfair Conservation Area.
Inspired by the buildings that once stood on the site, Fifty retains four facades of historic and architectural interest, giving it the appearance of a traditional terrace of mews houses. To the rear of the property a solar glazed elevation rises from the second floor, hinting at the state-of-the-art, contemporary interior. The development has been awarded a BREEAM Excellent rating and incorporates a ground source heat pump, chilled beams and an exposed concrete soffit.
Commenting on the launch, Ian Morrison, Development Director for Grosvenor’s London estate said: “Fifty demonstrates Grosvenor’s expertise in developing exceptional places for people to work that comprise more than just the bricks and mortar. It is our first commercial, new build development since 2007 and offers future occupiers the very best contemporary office accommodation in a prime, yet discreet location.”
Grosvenor has a pipeline of 170,000 sq ft of new office developments in London’s West End, which will be delivered within the next three years, in time to meet the pent-up demand for space in prime locations.
Grosvenor aims to create attractive and vibrant places for people to work in and improvements to the surrounding public realm have been integral to the scheme. A new single-surfaced shared pedestrian carriageway has opened up the area and trees have been planted, softening the urban landscape. In addition, Grosvenor has commissioned public art by Neal French in tribute to Terence Donovan, one of the country’s most innovative fashion photographers, whose studio was in neighbouring Bourdon Street.
For more information contact:
Naomi Curtis/Sorrel Basher, Press Office
020 7312 6479/6101
Notes to Editors
Grosvenor Britain & Ireland’s strategy emphasises the creation and management of successful places, with a particular focus on high-end residential and mixed-use. The core portfolio comprises 300 acres of Mayfair and Belgravia in London, which first came into the Grosvenor family in 1677. Ownership and active management of its London estate remains at the heart of Grosvenor Britain & Ireland’s strategy. Investment assets comprise the largest part of its portfolio. Grosvenor Britain & Ireland also undertakes development across London, and in selected city centres around the UK. As at 31 December 2011, Grosvenor Britain & Ireland had assets under management of £4.2bn.