London property partnership invests £200m in Gatwick office developments
A London property partnership has announced that it is investing £200m to fund a series of new office developments near Gatwick Airport.
The Commercial Park Group, a partnership between Sir Robert McAlpine and the John Baker Group, has announced the investment to kickstart the development of two million sq ft of new offices across locations in the south east
The office developments will be in Crawley, near Gatwick Airport, Haywards Heath and Bromley, totalling up to 500,000 sq ft of offices, as well as public space.
John Baker, chair of The John Baker Group, commented: “Even before the pandemic, we were seeing workers moving out of big cities to find a better work life balance and, whilst for many years they were prepared to endure long, uncomfortable and unhealthy commutes, they have been increasingly unwilling to make this trade off.
“Now, the pandemic has both restricted the ability of people to travel to the office and super-charged workers’ re-evaluation of how they want to live and work.
“It is not possible for us to meet our full potential at work without safe physical spaces that allow us to come together, collaborate and create, but the offices we build have to reflect the needs of workers, both in terms of location and design.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people