3 April 2018
Lendlease and LCR - joint venture partners of International Quarter London (IQL) - have officially handed over the Financial Conduct Authority's (FCA) new headquarters in Stratford, at the gateway to Queen Elizabeth Olympic Park.
The UK's financial regulator will occupy 425,000 sq. ft. over 15 levels in the new office building. 3,000 FCA staff will be relocating to the site from the FCA's current headquarters at Canary Wharf, where it has been since the late 1990s. The move comes as the FCA's lease on their current headquarters expires shortly.
FCA staff will have access to a range of facilities including a 200-seat auditorium and will also benefit from the area's unrivalled transport links, shopping and leisure facilities and an abundance of green open spaces.
The new building was designed by world-acclaimed architects, Rogers Stirk Harbour + Partners, to emulate the very latest thinking behind progressive ways of working. With the health and wellbeing of its occupants at the very forefront, it boasts stunning views of the City of London, as well as innovative design features. A key feature of the building is the atrium which has been designed as an open working environment. There are different work settings within the atrium for people to either work together or on their own.
The building has achieved the highest environmental rating for materials used. Innovative Closed Cavity Facade cladding monitors the position of the sun and adjusts the blinds accordingly, working with multi-service chilled beams to keep temperatures comfortable in the building without compromising on maximising natural light for its occupants from the floor to ceiling windows. 100% fresh air is circulated throughout the building, forming a healthy and stimulating environment to work in.
Jonathan Emery, Managing Director Property Europe for Lendlease said: "We hope staff will feel very welcome at the Financial Conduct Authority's new home at International Quarter London. The building provides extensive facilities in a modern office space, all sitting alongside the great amenities of the Queen Elizabeth Olympic Park."
Georgina Philippou, Chief Operating Officer at the FCA said: "This is an exciting time for the FCA as we move into our new purpose built headquarters. Our modern offices will bring all London staff under one roof for the first time and offer a mix of excellent facilities, value for money, sustainability and the right infrastructure to meet our future needs. We look forward to settling in and playing a part in our new local community. We will be moving to our offices over the summer."
David Joy, Chief Executive of LCR said: "The completion of the FCA's new building marks another step towards International Quarter London becoming London's new home for progressive business. The continuing successful development of IQL truly confirms Stratford as London's most exciting new Metropolitan City Centre."