Derwent sees future in long-life, loose-fit offices

Aaron Morby 5 years ago
Share

London property developer Derwent is evolving its office development model in response to the coronavirus crisis.

Derwent's Featherstone Building near Old Street roundabout features higher ceilings of 3.1m
Derwent's Featherstone Building near Old Street roundabout features higher ceilings of 3.1m

The firm, which during the last decade pioneered the development of stripped out offices with exposed building services, is altering its model again to meet changing work patterns and staff demands.

Its next-generation model designs will feature ‘long-life loose-fit’ adaptable spaces, which boast higher ceilings and higher-spec ventilation.

Paul Williams, chief executive, said he believed the fundamentals supporting offices remained.

He said: “Companies still need to bring their staff together, for the collaboration that social interaction brings, to build culture, to attract and retain talent and to have a physical embodiment of their brand.

“There is no substitute for building relationships with colleagues and clients in person.

“That is fundamental to the recovery of the economy and to our wellbeing. We expect the benefits of having technology working better from home will be supplemented by relationship building as businesses across sectors get back into work and London’s villages come alive again.”

Williams added: “We will continue to adapt. More flexible working, heightened health and safety, more space required between desks and in communal areas all impacts the way in which we think about occupational density.

“As time progressed questions have been raised about office use and its role in business.

“We believe that this debate has highlighted workplace trends that were already in place which the pandemic has accelerated.

“For some time, occupiers have looked for more flexible, adaptable and increasingly higher quality and ‘greener’ space.

“As part of our planning and design, in conversation with business, with architects and with local authorities, we are focused on ‘long-life loose-fit’ adaptable spaces and wellness factors that can enable people to meet together in larger common areas, with higher ceilings and better air quality and ventilation.”

Williams said in the war on attracting talent, employees would increasingly favour well-designed modern office space that provided good amenity and promoted wellbeing.

He added: “We think our focus on progressive design, our wide range of leases, customer focus, flexible approach and early adoption of our Net Zero Carbon Pathway to 2030 leaves us well placed to meet the continually changing office demand.”

Derwent also confirmed it was continuing to progress its largest pipeline office scheme at 19-35 Baker Street in London.

Work is still expected to start on the 293,000 sq ft mixed-use development in the second half of 2021.

Its other major consented project at Holden House in Oxford Street will be delayed given the current uncertainties in the retail market.

Latest news

Bowmer + Kirkland to build Manchester office block

Commercial scheme to kickstart Mayfield Park development
3 hours ago

Vistry lands deal to build 600-home Sunderland scheme

Work to start early next year on new Sheepfolds neighbourhood
3 hours ago

United Living acquires civils firm Peter Duffy

Contractor gears-up for AMP8 investment round
11 hours ago

Saint Gobain to build new stone wool insulation factory

Construction to start next year at Melton Mowbray site
8 hours ago

Wates calls for PFI reboot to unlock schools and hospitals

Firm sets out fresh model for private cash in public projects
10 hours ago

Strabag targets £1bn UK turnover by 2028

Austrian civils contractor ramps up UK push with HARP and HS2 pipeline
10 hours ago

Training reform row splits scaffolding sector

Changes planned to the Construction Industry Scaffolders Record Scheme
11 hours ago

BBV gears up for big HS2 viaduct slide over M6

First 119m viaduct section set to slide into place in June
18 hours ago

Council terminates Spencer bridge repair contract

Delays have hit restoration of Grimsby’s historic Corporation Road Bridge
1 day ago

Liverpool unveils £850m highways framework line-up

Graham, Sisk and Wright land spots on city road improvement deal
22 hours ago

Tender price rise forecasts downgraded as market stalls

Schemes stall as clients drag feet on project starts
10 hours ago

Westminster gears up for £500m housing repairs deal

Council eyes multiple strategic alliances for major housing overhaul
1 day ago

Henry Boot sets October start on £1bn cyber hub next to GCHQ

160,000 sq ft IDEA office building starts 10-year build plan
1 day ago

Cementation Skanska names new operations director

Emma Haddow now heads up UK-wide ground engineering services
1 day ago

Forterra fires-up kilns as house building demand returns

Materials giant boosts production of bricks and concrete floor beams
1 day ago

Plans in for £100m Church Wharf regeneration in Bolton

Developer Watson submits plan for over 400 homes and 130-bed hotel
1 day ago

McAvoy on the hunt for new subcontractors

Meet the Buyer event in Manchester next month: Register now
1 day ago

Ex-Lendlease boss seals £24bn Crown Estate mega sites JV

Crown Estate/Lendlease alliance to build out at Euston, Silvertown and Thamesmead sites
2 days ago

Brookfield gets green light for latest City office scheme

Retrofit-first approach will retain 70% of the original structure at 1 Moor Lane
2 days ago

Knauf commits £170m to build Deeside insulation plant

Work to start next year at former Shotton steelworks site
2 days ago

Construction trade bodies vote to keep training levy

CITB gets green light to collect contractor's cash for another three years
2 days ago

McLaren to build 2,400-bed worker campus at Sizewell C

Worker camp to raise the bar on site accommodation standards
2 days ago

Soaring costs and work drought sunk historic scaffolding firm

Rodells had been in business since 1898
2 days ago

Clarion set to tender £79m Kirkstall Road Phase 2

Bidding to start for Dyecoats blocks 1 and 3 after Graham bagged phase 1
2 days ago

TfL seeks firms for £700m civils and station framework

Works include £80m South Kensington and £60m Elephant & Castle station upgrades
2 days ago

Early market talks on £2.5bn Yorkshire mass transit plan

Supplier talks open for West Yorkshire’s biggest ever transport scheme
2 days ago

Robertson starts Redcar town centre revamp

Culture and Leisure Anchor Attraction will enhance Redcar’s Esplanade
2 days ago

Alun Griffiths set to rescue firm he sold for £36m

Tarmac to hand back Welsh civils contractor after five years of losses
5 days ago

Landsec to pump £2bn into new house building drive

Developer to build 6,000 homes as it sells offices to fund new schemes
5 days ago

Severfield to start steel on McAlpine car battery site

Specialist to start on £4bn site next month after steel package signed-off
5 days ago

Contractor services