Quadrant 2 South London, Regent Street Regeneration, Building, Development News

Quadrant 2 South, London

Crown Estate Redevelopment Piccadilly – design by Barr Gazetas, Architects

28 Oct 2013

Quadrant 2 South London

Quadrant 2 South

Latest Regent Street regeneration project gets underway

Lead Architect: Barr Gazetas

Renewal of this large urban block is part of The Crown Estate’s £1 billion regeneration of Regent Street. New office space will sit behind the retained facades of Grade II listed buildings – once a controversial process but now normal and accepted in the UK capital

Quadrant 2 South Development

Works have begun on site at Quadrant 2 South, marking the start of the latest project under The Crown Estate’s £1 billion regeneration of Regent Street.

The works at Quadrant 2 South will see the Grade II listed properties redeveloped behind retained facades to provide new, modern office space, further enhancing Regent Street’s reputation as a destination for global businesses. It is anticipated that construction will be completed by early 2015.

Quadrant 2 South image : The Crown Estate.

The project, a wholesale retrofit of Quadrant House and 7-9 Air Street, follows on from previous redevelopments that have seen The Crown Estate transform the Regent Street Quadrant into a destination for fashion, lifestyle and business. Projects completed to date include the land mark Quadrant 3 scheme,, a £400 million, 270,000 sqft, mixed use redevelopment, which boasts Al Gore’s Generation Investment Management and Telefonica Digital amongst its office tenants.

The building is targeting the highest levels of sustainability drawing on power from the UK’s first molten carbonate fuel cell which The Crown Estate installed at Quadrant 3 earlier this month (October).. The building is set to produce 40% less carbon emissions than equivalent new builds utilising power produced by one of the most advanced central energy centres in the world at Quadrant 3, which includes the recently installed fuel cell, the most efficient of its kind in Europe. Quadrant 2 South will also make use of a range of green sustainable technologies, including photovoltaic panels, to further boost the building’s energy efficiency and reduce its carbon output.

Alastair Smart, head of development at The Crown Estate said:

“This project is a great example of our commitment to high quality, sustainable development in our on-going transformation of Regent Street. Quadrant 2 South will provide new modern office spaces, enhancing Regent Street’s appeal as a destination for global businesses, whilst preserving the important listed facades that give the area its unique character.”

The Crown Estate is undertaking a £1 billion regeneration of Regent Street, which it owns in partnership with Norges Bank Investment Management (NBIM). Since the Regent Street programme began in 2002 it has delivered 12 major redevelopments that have provided new flagship retail and office spaces securing the Street’s position as a world leading shopping destination and an attractive location for a range of successful businesses. The Crown Estate is currently also on site with a further two major redevelopment projects, W4 and W5 South, which are together set to provide over 250,000 sq ft of flagship retail and office space.

Quadrant 2 South Development – Building Information

Quadrant 2S Project Team

Client: The Crown Estate
Lead Architect: Barr Gazetas
Project Mangers: Buro Four
Principal Contractor: Sisk
Planning Consultants: CBRE
Conservation Advisors: Donald Insall Architects
Services Engineers: AECOM
Structural Engineers: Watermans
BREEAM Consultants: Waterman Energy, Environment & Design Ltd
Quantity Surveyors: Sweett Group
Interior designers: Barr Gazetas

Quadrant 2 South Development Background

About The Crown Estate

The Crown Estate manages a highly diverse property business valued at £8.6 billion.
We pay our surplus revenue (profit) to the Treasury for the benefit of the nation every year: in 2012/13 this was £252.6 million. Over the past ten years The Crown Estate has paid over £2 billion to the Treasury.
Our objectives, which are laid down by Parliament under the Crown Estate Act 1961, include enhancing the value of the estate and the revenue it produces.
The responsibilities of The Crown Estate are to maintain and enhance the value of the estate and its income over the long-term and to do this having regard to good management. In summary, The Crown Estate is a successful business organisation guided by our core values – commercialism, integrity and stewardship.
The Crown Estate manages a diverse property portfolio which includes office, retail and industrial premises; housing; farmland; forestry and minerals; parkland; and around half the foreshore and almost all the seabed around the UK.

Quadrant 2S Redevelopment London image / information from The Crown Estate

Quadrant Redevelopment

Quadrant 1 photo © Adrian Welch