3rd October 2024; Stanhope, the leading developer and asset manager, with Ontario Teachers’ Pension Plan are delighted to announce today that Imperial College London, the world-class science, engineering, medicine and business university, has signed an agreement to take 47,650 square foot of space at White City Place.
Imperial will take the first floor of the MediaWorks building at White City Place for a new Professional Services hub, joining tenants including major life sciences companies like Autolus, Novartis, and Engitix, as well as other internationally renowned educational institutions, like the Royal College of Art and the Tokyo College of Sushi and Washoku, in the growing White City Innovation District.
The MediaWorks building offers both CAT A office and fully fitted office accommodation, with fully fitted grow-on laboratory units for growing life science companies. The available accommodation is set around three 29-metre atria that fills the spaces with light, forming a world-class facility offering complete flexibility for both science and business occupiers.
White City Place, alongside Imperial’s own White City Campus on the other side of Wood Lane, is creating a network of innovation spaces for businesses of all sizes in the 1.9 million sq ft campus. It is home to occupiers in the creative sector including household names like the BBC and ITV, as well as the more recent additions of Me+Em and Gravity Media.
White City Place is part of a rapidly growing £4bn portfolio of office and Life Science buildings covering six million sq. ft. asset managed by Stanhope including Television Centre and Cambridge Science Park.
David Camp, CEO, Stanhope, stated:
“We are delighted that Imperial College London, our partner in innovation in White City, has decided to expand into White City Place within our growing life sciences cluster and world class educational institutions at the MediaWorks and WestWorks buildings. The move helps cement White City Place as a key destination for ambitious innovative businesses and start-ups seeking world-class modern facilities, a prime location and very good transport links.”
Jenny Hammarlund, Senior Managing Director and Head of Europe Real Estate at Ontario Teachers’ Pension Plan, said:
“Ontario Teachers’ and Imperial College London share a commitment to education and its essential contribution to society. Imperial’s decision to become a tenant in the MediaWorks building at White City Place means they will join a host of world-leading life sciences companies, like Novartis and Autolus, and helps further enhance White City Place’s status as the number one location of choice for innovative, forward-thinking companies in the life sciences, biotech and education sectors.”
Robert Kerse, Chief Operating Officer at Imperial College London said:
“At Imperial, we recognise that world class professional services need great workplaces. That’s why we’re excited to be locating our White City Professional Services Hub within the MediaWorks building.
“This move places our professional services community at the heart of our White City Campus, an innovation ecosystem where great ideas grow, and a key anchor of the WestTech Corridor which is harnessing the university as a powerful engine for investment.”
