Expanding practice inks deal after running out of space at its nearby UK headquarters
Fosters & Partners has taken three floors of its newly completed office block at Battersea Power Station after running out of space at its existing UK headquarters.
The practice has signed a lease with the Battersea Power Station Development Company to occupy 48,000 sq ft at 50 Electric Boulevard, a 16-storey building at the riverside regeneration site designed by the firm and completed by Sir Robert McAlpine last year.
The firm is understood to have made the move after reaching capacity at its current headquarters at 22 Hester Road, which is located about 30 minutes walk away through Battersea Park, where it has been based since 1990.
According to its latest results, the firm had 1,900 staff in the year to April 2024.
No staff numbers for the new space have been confirmed, with the firm waiting for fit out to complete before deciding which teams will be relocated.
Fosters managing partner Stuart Latham said the location has “strong links with our existing Riverside studio in Battersea and allows us to actively support our growing workforce in London”.
Spanning 90,000 sq m, 50 Electric Boulevard is one of the largest office developments at Battersea Power Station and includes a double-height glazed pavilion filled with more than 800 plants and mature trees.
It also has a 1,800 sq ft communal roof garden with views across the power station, the river and the London skyline.
In its last set of results, Fosters saw turnover increase by 29% to £422m, topping the £400m mark for the first time. Pre-tax profit also doubled to £2.3m.
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