With a great location in a dynamic city and a developer that has a strong track record of delivering high quality buildings, Arena Central was our number one choice for our new head office.
Head of UK and Deputy CEO HSBC Bank plc
A new home for big business
Soon after planning was approved for the first new office building (circa 142,000 sq.ft.), a deal was secured with HSBC plc over one of the principal buildings on the Broad Street frontage. It was to become the bank’s new UK headquarters for their ring-fenced operations. This became one of the most highly-publicised moves out of London by a major occupier, and underpins the importance of the Arena Central site. Construction of the new 210,000 sq.ft. (net) headquarters began in 2015 with completion due in summer 2017. The new Holiday Inn Express will also be completed in 2017, with Dandara’s 322 apartment scheme due for release in 2018/19.
Building a bright future
Going forward, there are up to four further buildings to be undertaken by the joint venture – 1 Arena Central (142,000 sq.ft.), 3 Arena Central (214,000 sq.ft.), 4 Arena Central (190,000 sq.ft.), and 5 Arena Central (233,000 sq.ft.) – all with associated car parking. In the interim, a significant portion of the public realm landscaping is being completed to ensure appropriate place-making for all current and future buildings.