Hines starts development at 280 High Holborn

Hines’ London office has started building work at 280 High Holborn. The office building is under construction on the former Chichester House site, opposite MidCity Place, and opens onto Whetstone Park and Lincoln’s Inn Fields to the south. The project, designed by GMW, will be funded by Hines’ European Development Fund II.

The eight-story building will comprise 67,000 sq ft of office space including 3,000 sq ft of retail space. Individual floor plates will range from 7,000-9,400 sq ft and are designed to suit a range of occupiers. Hines has signed a construction contract with Mace, and it expects project completion in the third quarter of 2012, furthermore it has also retained Jones Lang LaSalle and DTZ as leasing agents.

Hines’ UK project director, Alexander Knapp, said: “We are very optimistic about the leasing prospects for 280 High Holborn as we expect it to be completed at a time when Midtown will have very low levels of Class A supply. “The site is exceptional – it will provide high-quality office space which links High Holborn to the green spaces of Lincoln’s Inn Fields.” The new development is Hines’ latest project in London and reinforces what it says is its commitment to quality opportunities in the capital.