Retail and Leisure Opportunity
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1 Retail and Leisure Opportunity
2 Alie Street Main Plaza Leman Street Computer Generated Image of Northwest Block Main Piazza
3 Retail and Leisure Opportunity. Goodman s Fields, E1. Goodman s Fields is a world-class mixed-use scheme, representing a fantastic commercial opportunity within walking distance of the City of London. Contents Location The Proposed Scheme Public Realm Phase One Availability Contact 15 Appendix Aldgate Area 17 Existing Local Occupiers Development Pipeline Residential Schemes: Completed Developments 22 Residential Development Pipeline 23 3
4 Location Local area map Goodman s Fields is located in Aldgate which is currently undergoing a significant transformation. Forthcoming developments will provide a mixture of uses from offices, retail, residential, student accommodation, hotels and new public realm. With its excellent communication links the area is set to emerge as a gateway between the City, East End and East of London. The development will deliver a new retail and leisure destination, which will include restaurants, cafés, shops, convenience store and a boutique cinema. City life will be mixed with the vibrancy of the East End, connecting the City, Spitalfields, Old Truman Brewery, Brick Lane and St Katharine Docks. A truly unique environment with over two acres of public realm will draw office workers, residents, students and artists into the scheme. Goodman s Fields will set the benchmark for developments within the area and become a retail and leisure destination in its own right. The three surrounding streets offer good pedestrian and vehicular access to London s main road and rail networks. Local transport links include Aldgate, Aldgate East and Tower Hill underground stations. Fenchurch Street Mainline Station is located within 500 metres and the Crossrail Station at Whitechapel will be within one mile, when delivered. Shopping 1 One New Change 2 Westfield Stratford City 3 Spitalfields Market 4 Leadenhall Market 5 Mawi 6 Boxpark 7 Start 8 Labour and Wait 9 SCP East 10 Maltby Street Market 11 Columbia Rd Flower Market 12 Borough Market Restaurants 13 Galvin la Chapelle 14 Rhodes Viajante 16 Hawksmoor 17 1 Lombard Street 18 The Luxe 19 Coq D Argent 20 Butler s Wharf Chop House 21 Pont de la Tour 22 St Katharine Docks 23 Borough Market 24 Café Spice Namaste 25 St John Bread and Wine Nightlife 26 Shoreditch House 27 Callooh Callay 28 Nightjar 29 Lounge Bohemia 30 The Golden Bee 31 The Golden Heart 32 Old Truman Brewery Culture & Entertainment 33 Tate Modern 34 The Barbican Centre 35 Whitechapel Gallery 36 The Tower of London 37 The Aubin Cinema 38 Wilton s Music Hall 39 Rich Mix 40 The Wapping Project 41 Shakespeare s Globe Landmarks 42 Tower Bridge 43 St Paul s Cathedral 44 The Shard 45 City Hall 46 The Gherkin 47 The Design Museum 48 Southbank Centre Transport 49 Liverpool Street Station 50 St Pancras International 51 City Airport 52 Aldgate East Station 53 Crossrail Liverpool Street 54 Crossrail Whitechapel 55 Fenchurch Street Station Berkeley Developments 56 One Tower Bridge 57 Wapping Village 4
5 KING S CROSS ST PANCRAS A COVENT GARDEN WESTMINSTER ST PANCRAS INTERNATIONAL Woburn Place Southampton Row A4200 LEICESTER SQUARE Whitehall CHARING CROSS RUSSELL SQUARE New Oxford Street A40 Strand A4 EMBANKMENT Victoria Embankment COVENT GARDEN Wesminster Bridge Pentonville Road A501 Gray s Inn Road A5200 HOLBORN A3211 Aldwych Waterloo Bridge York Road CLERKENWELL Farringdon Road Theobald s Road A401 High Holborn TEMPLE RIVER THAMES WATERLOO A40 CHANCERY LANE Strand A4 WATERLOO LAMBETH NORTH ANGEL Stamford Street Waterloo Road SOUTHWARK BLACKFRIARS A3200 Street Rosebery Avenue Upper St John Street Clerkenwell Road A5201 FARRINGDON CITY THAMESLINK ISLINGTON BARBICAN ST PAUL S MOORGATE Victoria Embankment Upper Thames Street 48 A20 Farringdon Street A201 Blackfriars Bridge Blackfriars Road Goswell Road A1 33 Southwark Street A300 1 SOUTH BANK A3200 BOROUGH Old Street MANSION HOUSE MOORGATE London Wall A1211 THE CITY Southwark Bridge A3200 City Road A A5201 A3211 CANNON ST Borough High Street Long Lane BANK OLD STREET City Road A501 MONUMENT LONDON BRIDGE A2198 New North Road A LIVERPOOL ST London Bridge Bishopsgate A10 Old Street A Tooley Street St Thomas Street Great Eastern Street A1202 Lower Thames St reet 44 A FENCHURCH STREET TOWER HILL Druid Street Kingsland Road A ALDGATE The Minories Tower HOXTON Commercial Bridge Hackney Road SHOREDITCH SHOREDITCH HIGH STREET Mansell Street Tooley Street 8 ALDGATE EAST A1208 Prescot Street Royal Mint Street TOWER HILL Bethnal Green Road Street Leman Street Dock Street Whitechapel Road A St Katharine Docks RIVER THAMES SHAD THAMES 57 The Highway A1203 WHITECHAPEL Mile End Road A11 Commercial Road A Westfield Stratford 4.7 miles * from Goodman s Fields BETHNAL GREEN 54 Cambridge Heath Road WHITECHAPEL City Airport 5.8 miles * from Goodman s Fields CAMBRIDGE HEATH BETHNAL GREEN Roman Road BETHNAL GREEN 40 A13
6 St Katharine Docks The Shard and Tower Bridge Spitalfields Market The Gherkin St Paul s Cathedral One New Change
7 Blackfriars Station Retail and Leisure Opportunity. Goodman s Fields, E1. Underground from Aldgate * / Aldgate East #* St. Pancras International 14 mins Bond Street 20 mins Green Park 21 mins Covent Garden 22 mins Bank Moorgate Stratford International # City Airport 22 mins 25 mins Heathrow Airport (via Heathrow Express from Paddington) # 44 mins Liverpool Street Walking from Goodman s Fields Aldgate East Underground Station 3 mins Aldgate Underground Station 5 mins Tower Gateway DLR Station 5 mins Tower Hill Tower Hill Underground Station Fenchurch Street Station 7 mins 8 mins St Katharine Docks 10 mins Aldgate Spitalfields Market 12 mins Tower Bridge 12 mins The Old Truman Brewery Co 14 mins Liverpool Street Station 15 mins Aldgate East Whitechapel Station (Crossrail) 15 mins * Source: tfl.gov.uk # Departs from Aldgate East All times, excluding car travel, are based on travelling at 7.30am on a weekday. Sources: tfl.gov.uk, and Google maps 7
8 Leman Street Alie Street North West Block Main Plaza South West Block The Proposed Scheme Planning permission was granted in March 2012 for a mixed-use development comprising 923 apartments (30% affordable), 617 student rooms and a 250-bedroom hotel. The development also includes 75 Leman Street which comprises a further 59 luxury apartments. When completed, Goodman s Fields will provide approximately one million sq ft of mixed-use accommodation and 2.3 acres of world-class public realm. The commercial space is being designed to offer flexibility to meet occupier requirements. The scheme will deliver, when fully completed, circa 112,000 sq ft GIA of retail and leisure space. Gower s Walk City Quarter 8 Hooper Street Goodman s Fields masterplan
9 Computer Generated Image of Southwest and Southeast Blocks looking North The scheme offers occupiers flexible floor plates from 1,000 to 47,000 sq ft. Planning permission has been granted for A1, A2, A3, A4, A5, B1, D1 & D2 Use Classes. The scheme will deliver, when fully completed, c.112,000 sq ft (10,405 sq m) GIA of retail/leisure space. The scheme offers occupiers flexible floor plates from 1,000 to 47,000 sq ft. Planning permission has been granted for A1, A2, A3, A4, A5, B1, D1 & D2 Use Classes. Work is nearing completion at 75 Leman Street on 59 private residential units, to be delivered in Q The first phase of the scheme, the Southwest Block, is already underway on site and the retail element will be ready for handover at Q Construction of the Northwest block started in Q and handover of the commercial element will be in Q The second and third phases of the scheme, the Northeast and Southeast blocks will start in 2015 with completion in 2016/2017. Berkeley Homes completed the neighbouring development of City Quarter totalling 290 apartments in The development links directly into Goodman s Fields through Garden Square. Once complete, City Quarter and Goodman s Fields will comprise almost 1,200 residential units, with c. 5,000 residents. Alie Street Main Plaza Leman Street 9
10 Public Realm The vision at Goodman s Fields is to create a vibrant, successful and new urban quarter which will strongly embrace diverse horticulture that softens the harsh built environment and provide an acknowledgement of the seasons and nature. The human scale public realm will consist of a variety of different character spaces including dynamic pedestrian streets animated with mature trees and cascading water features, focal piazza spaces enlightened culturally with elements of public art and quiet residential gardens planted to provide all year horticultural interest. Alie Street Main Plaza Leman Street 1 Image left 2 Image right 10 1 Computer Generated Image of Goodman s Fields Silk House Tower indicative only
11 Computer Generated Image of Goodman s Fields four seasons garden indicative only 2 Computer Generated Image of Goodman s Fields garden indicative only
12 N Phase One Availability Phase One has 32,000 sq ft (2,973 sq m) of retail and leisure. Northwest Block 16,000 sq ft (1,487 sq m) Southwest Block 16,000 sq ft (1,487 sq m) Goodman s fields ground floor site plan Northwest and Southwest Blocks to be delivered 2013/
13 Northwest Block The Northwest block will comprise a 250-bed Premier Inn Hotel (Whitbread Plc) and 182 residential flats. On the ground floor will be the Hotel restaurant, health club/spa and retail and leisure premises totalling 16,000 sq ft (GIA). Operators will benefit from superb road frontage onto Leman Street and Alie Street on the northwest corner of the block. The retail frontage will be visible from Aldgate East Tube Station and Aldgate Junction. Alternatively occupiers can be accommodated facing south, overlooking the courtyard and public realm. This position offers the advantage of outside seating. Construction of the Northwest block commercial in Q and handover of the commercial element will be in Q Computer Generated Image of Northwest Block 13
14 Southwest Block The Southwest Block will offer 16,000 sq ft (GIA) of retail, leisure and office space on the ground floor. The upper floors will comprise 617 student rooms which have been sold to Student Castle. Students will be taking occupation from September Occupiers to the north will benefit from road frontage onto Leman Street and visibility from Aldgate East Underground Station. The Northeast unit circa 1,000 sq ft is located beside a pedestrian walkway into the centre of the scheme which will be suitable for outside seating. The Southwest Block is the first phase of the development. Construction is underway and pre-lets have been secured to Sainsbury s Local and Berkeley, ready for handover in Q Computer Generated Image of Southwest Block 14
15 Retail and Leisure Opportunity. Goodman s Fields, E1. Contact Site address For further information or to arrange a site inspection please contact: James Abrahams james.abrahams@allsop.co.uk RACHEL JAMES rachel.james@allsop.co.uk Christopher Gibson chris.gibson@cbre.com Steven Stedman steven.stedman@cbre.com Goodman s Fields London E1 8AN Misrepresentation Act 1967 CB Richard Ellis and Allsop LLP on their own behalf and on behalf of the vendor/lessor of this property whose agents CB Richard Ellis and Allsop LLP are, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither CB Richard Ellis and Allsop LLP nor any of their members or any person in their employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. April
16 Shopping images in the local area
17 Retail and Leisure Opportunity. Goodman s Fields, E1. Appendix Aldgate Area Contents Existing Local Occupiers Development Pipeline Residential Schemes: Completed Developments 22 Residential Development Pipeline 23 17
18 Existing Local Occupiers 1 RBS 1 Aldgate Union, Braham Street 300,000 sq ft 3,000 people 2 Maersk Line UK Ltd Maersk House, Braham Street 89,000 sq ft 890 people 3 Oncore IT 6 Braham Street 63,000 sq ft 630 people 4 Maersk Line UK Ltd 1 Alie Street 73,000 sq ft 730 people 5 New Loom House Back Church Lane 108,690 sq ft 1,086 people 6 Conner Hale Kerslate Ltd, Glencairn Ltd 6 Alie Street 27,500 sq ft 275 people 7 National Westminster Bank Plc Aliffe House, Mansell Street 61,000 sq ft 610 people 10 Level 3 Communications, Generali SPA, Digital Window 100 Leman Street 99,165 sq ft 991 people 11 Cooperative 9 Prescot Street 103,000 sq ft 1,030 people 12 Mitsui Bulk Shipping Europe Dexter House, Royal Mint Court 123,000 sq ft 1,230 people 13 Barclays Murray House, Royal Mint Court 215,000 sq ft 2,150 people 14 Société Générale 41 Tower Hill 169,000 sq ft 1,900 people 15 Hermes Pensions Management, Jardine Lloyd Thompson Group Plc Lloyds Chambers, Portsoken Street 193,000 sq ft 1,930 people 16 Axiom, Hermes, AON, Beaumont, Simpson Spence & Young, Lambourn Insurance Services, Claims Management Group Ltd, FFW, Thomas Cooper, Lark Tower Hill Ibex House, Minories 194,000 sq ft 1,940 people 18
19 MENT TOWER 42 8 United Insurance Brokers Mansell Court, Mansell Street 40,000 sq ft 400 people GRACECHURCH STREET BISHOPSGATE THE LEADENHALL THE BUILDING PINNACLE LLOYDS OF LONDON 17 Omni Whittington Insurance St Clare House, Minories 100,000 sq ft 1,000 people LOWER ST MARY AXE LEADENHALL STREET 9 Robert W. Baird Ltd, Riverstone Management Ltd Mint House, Mansell Street 31,000 sq ft 310 people LIM E STREET FENCHURCH 18 Thomson Reuters, LLH Clearnet, ISG Plc Aldgate House 205,000 sq ft 2,050 people THAMES 30 ST MARY AXE STREET BURY ST STREET HOUNDSDITCH CREECHURCH LANE MITRE STREET FENCHURCH STREET GRAVEL LANE ST BOTOLPH STREET MINORIES TOWER HILL ALDGATE 18 GOULSTON STREET HAYDON STREET MANSELL STREET PORTSOKEN STREET WHITECHAPEL Retail and Leisure Opportunity. Goodman s Fields, E1. ART GALLERY PRESCOT STREET LONDON METROPOLITAN UNIVERSITY CO M M ERCIAL ROAD ALIE STREET ALDGATE HIGH STREET WHITECHAPEL RO TOWER GATEWAY ALDGATE EAST ALDGATE TOWER LEMAN STREET CHAMBER STREET GOWER S WALK HOOPER STREET TOWER HILL ROYAL MINT STREET CA City Quarter 5 TOWER OF LONDON 13 EAST SMITHFIELD STREET 19
20 View of the City and Aldgate development pipeline looking West 20 Fenchurch Street Beagle House Aldgate Tower St Botolphs Royal Mint Street Goodman s Fields Trinity Leadenhall The Pinnacle Cromlech House Aldgate Place One Commercial Street 20
21 Retail and Leisure Opportunity. Goodman s Fields, E1. GREAT EASTERN ST SCRUTTON STREET SHOREDITCH HIGH STREET WORSHIP STREET APPOLD STREET HEARN ST 12 WORSHIP STREET PRIMROSE STREET BISHOPSGATE COMMERCIAL STREET FOLGATE STREET SPITAL SQ Development Pipeline 1 Goodman s Fields WHITECHAPEL Developer: Berkeley Size: c. 1 million sq ft of mixed-use accommodation To be delivered: Delivery in St Botolphs Developer: Minerva Plc Size: 500,000 sq ft To be delivered: Completed and fully let 9 The Pinnacle Developer: Arab Investments Size: 968,778 sq ft of office accommodation To be delivered: On hold 10 The Leadenhall Building Developer: British Land / Oxford Properties Size: 613,713 sq ft of office accommodation To be delivered: c.313,000 sq ft, 51% pre let to Aon Plc and Amlin ATE BANK LONDON WALL MONUMENT GRACECHURCH LIVERPOOL ST 15 9 LOWER BISHOPSGATE ST MARY AXE LEADENHALL STREET LIM E STREET THA MES STREET HOUNDSDITCH FENCHURCH STREET MITRE STREET CREECHURCH LANE MIDDLESEX STREET CAMOMILE ST BEVIS MARKS DUKES PLA C E 10 BURY ST 11 FENCHURCH STREET 2 GRAVEL LANE ST BOTOLPH STREET GOULSTON STREET HAYDON STREET OLD CASTLE STREET MANSELL STREET PORTSOKEN STREET COMMERCIAL STREET LEMAN STREET ALIE STREET PRESCOT STREET CHAMBER STREET ALIE STREET COMMERCIAL ROAD GOWER S WALK HOOPER ADLER STREET ALDGATE HIGH STREET WHITECHAPEL ROAD MINORIES TOWER HILL ALDGATE 6 3 TOWER GATEWAY 4 7 ALDGATE EAST STREET FIELDGATE STREET ROYAL MINT STREET CABLE STREET GREENFIELD STREET EAST SMITHFIELD STREET 3 Cromlech House Developer: The Cromlech Property Co Ltd Size: 356,173 sq ft of mixed-use accommodation To be delivered: Awaiting a pre-let 4 One Commercial Street Developer: Redrow Size: 93,000 sq ft of office accommodation, 217 residential units and 11,500 sq ft of retail To be delivered: Anticipated June 2013 CHRISTIAN STREET NEW ROAD 5 Aldgate Place, E1 Developer: British Land / Barratt Size: 760,000 sq ft of mixed-use accommodation To be delivered: The scheme is back in for planning. Earliest delivery is Trinity, Minories, EC3 Developer: Splendid Hotel Group Size: 1,028,000 sq ft of mixed-use accommodation To be delivered: The scheme is back in for planning. Earliest delivery is Aldgate Tower Developer: Molloy Properties Size: 317,000 sq ft of office accommodation To be delivered: Fully funded speculative development package in place. Expected delivery is Beagle House Developer: Molloy Properties Size: 377,000 sq ft To be delivered: Awaiting a pre-let 11 Mitre Square Developer: Helical Bar Size: 423,463 sq ft of office and retail accommodation To be delivered: Planning obtained earliest completion Principal Place Developer: Hammerson Size: 600,000 sq ft of office accommodation and 243 residential units To be delivered: Earliest completion would be Altitude Developer: Barratt Homes Size: 27-storey tower with 235 new residential units, 14,450 sq ft of retail and office accommodation To be delivered: Construction has commenced on site 14 Aldgate Brewery Developer: Mace Group and Alternative Developments Ltd Size: 36,000 sq ft of commercial accommodation along with 334 student rooms To be delivered: Fenchurch Street, EC3 Developer: Land Securities / Canary Wharf Group Plc Size: 663,720 sq ft of office accommodation and 22,950 sq ft of retail To be delivered: Spring c.345,000 sq ft, 52% pre let to RSA, Ascot and Markel 21 TOWER
22 BISH SPITAL SQ COMMERCIAL STREET LEMAN STREET 1 Residential Schemes: Completed Developments LONDON WALL Residential Developments Total units: 1, St George s Residence (11 units) 2. Aldgate Triangle (423 units) 3. Skyline Plaza (130 units) 4. City Reach (22 units) 5. One Prescot Street (150 units) 6. Tower Mint Apartments (7 units) 7. Chamber Development (9 units) 8. City Quarter (290 units) 9. The Chandlery (63 units) 10. The Wool House (116 units) 11. Tower House (145 units) 12. Plumbers Row (100 units) 13. Mulberry Court (30 units) 14. Vogue E1 (58 units) 15. The Space Works (18 units) 16. Bernhard Baron House (65 units) MONUMENT GRACECHURCH LIVERPOOL ST Student Rooms Total units: 1, Nido (689 Student Rooms) 2. The Curve (339 Student Rooms) BISHOPSGATE LEADENHALL STREET HOUNDSDITCH MIDDLESEX STREET CAMOMILE ST BEVIS MARKS DUKES PLA C E LIM E STREET ST MARY AXE BURY ST FENCHURCH STREET MITRE STREET CREECHURCH LANE FENCHURCH STREET GRAVEL LANE ST BOTOLPH STREET GOULSTON STREET HAYDON STREET OLD CASTLE STREET MANSELL STREET PORTSOKEN STREET ALIE STREET PRESCOT STREET CHAMBER STREET LOWER THAMES STREET ROYAL MINT STREET ALIE STREET ADLER STREET COMMERCIAL ROAD ALDGATE HIGH STREET WHITECHAPEL ROAD MINORIES TOWER HILL ALDGATE TOWER GATEWAY 6 ALDGATE EAST GOWER S WALK HOOPER STREET FIELDGATE STREET GREENFIELD STREET CABLE STREET 11 EAST SMITHFIELD STREET CHRISTIAN STREET 16 NEW ROAD 22 Residential TOWERSchemes: Completed Developments OF LONDON
23 BISH SPITAL SQ Retail and Leisure Opportunity. Goodman s Fields, E1. 3 COMMERCIAL STREET LEMAN STREET LONDON WALL MONUMENT GRACECHURCH LIVERPOOL ST Residential Development Pipeline BISHOPSGATE ST MARY AXE LEADENHALL STREET LIM E STREET HOUNDSDITCH MITRE STREET CREECHURCH LANE MIDDLESEX STREET CAMOMILE ST BEVIS MARKS DUKES PLA C E Residential Developments Total units: 2, Goodman s Fields (923 units & 250 room hotel) 2. Denning Point (209 units) Whitechapel High Street (16 units) 4. Altitude (235 units) 5. Royal Mint Street (354 units & 236 room hotel) 6. Morrison Flats (44 units) Back Church Lane (59 units) Dock Street (89 units) 9. One Commercial Street (217 units) Student Rooms Total rooms: 1, Goodman s Fields SW Block (617 student rooms) 10. Urbanest (172 student rooms) 11. Aldgate Brewery (344 student rooms) BURY ST FENCHURCH STREET FENCHURCH STREET GRAVEL LANE ST BOTOLPH STREET OLD CASTLE GOULSTON STREET HAYDON STREET STREET MANSELL STREET PORTSOKEN STREET ALIE STREET PRESCOT STREET CHAMBER STREET ALIE STREET ADLER STREET COMMERCIAL ROAD ALDGATE HIGH STREET WHITECHAPEL ROAD MINORIES ALDGATE ALDGATE EAST GOWER S WALK HOOPER STREET 6 7 FIELDGATE STREET GREENFIELD STREET CABLE STREET CHRISTIAN STREET TOWER HILL TOWER GATEWAY ROYAL MINT STREET 8 LOWER THAMES STREET Proposed schemes with planning permissions and schemes currently on site EAST SMITHFIELD STREET 23
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