New Speculative Office Development

17 Nov 2011

More good news on the property front this month with the announcement that Abstract Securities Ltd is proposing to speculatively build 170,000 sq ft of Grade A offices at 303 St Vincent Street, in the IFSD.


The building - provisionally known as St Vincent Plaza - will offer a specification rarely seen outside Central London and will comprise basement, ground and ten upper floors together with 78 car parking spaces. The development is likely to be one of the only speculative office schemes of its size in the UK.

A detailed planning application for this landmark development is being submitted and subject to approval, construction will commence in Spring 2012. Completion of the scheme would be in the third quarter of 2013.


Abstract's Development Director, Christopher McPherson, said: "St Vincent Plaza has been designed with an extremely high 'Grade A' specification, including, flexible, virtually column free floorplates of 17,000 sq ft, a feature penthouse level with terrace, and some of the best views in the City. The building is designed to a BREEAM 'Excellent' standard and an EPC 'B' plus rating. It will provide the most efficient and environmentally friendly office accommodation in the city."