Consent has been granted for a second landmark office building at the Ruskin Square development in Croydon.
The £500 million Schroder UK Real Estate Fund (“SREF”) scheme, adjacent to East Croydon station, is coming out of the ground fast with the first 180,000ft² office now topped out and a first residential building due for completion this summer.
Now the newly consented second commercial building will deliver a further 200,000 ft² of offices with retail and dining at ground floor and will target a BREEAM Excellent sustainability rating.
Ruskin Square is being speculatively developed by Schroder UK Real Estate Fund in partnership with developer, Stanhope PLC.
Commenting, James Lass, Fund Manager, Schroder UK Real Estate Fund, said:
“This latest planning milestone allows us to maintain and build upon the momentum that is building at Ruskin Square. With occupiers increasingly seeking high quality offices in non-core London locations with good public transport access, Croydon is becoming a go-to destination.”
Award-winning international architectural practice Make designed the 13-storey second building, drawing on the vernacular architecture of the Croydon borough setting while ensuring animation at ground floor through the retail entrances and their connection with the public realm surroundings.
On a nine acre site, up to 2.5m ft² of new accommodation will be delivered including 1.25m sq ft of much needed high specification offices, retail and dining, public spaces and up to 625 homes.
Savills and JLL are the retained commercial letting agents for Ruskin Square.
The residential building on site is being delivered in partnership with Places for People.