{"id":1004086182,"date":"2013-11-04T07:34:39","date_gmt":"2013-11-04T15:34:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004086182"},"modified":"2022-12-06T12:49:27","modified_gmt":"2022-12-06T20:49:27","slug":"crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\/","title":{"rendered":"Crown Estate\u2019s $1.6B Revamping Project of Regent Street in London Gets Under Way"},"content":{"rendered":"<p><i>By Gabriel Circiog, Associate Editor<\/i><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/11\/Quadrant-Regent-Street.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004086218\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\/quadrant-regent-street\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/11\/Quadrant-Regent-Street.jpg\" data-orig-size=\"350,160\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;Miller Hare Limited&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Quadrant Regent Street\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/11\/Quadrant-Regent-Street.jpg?w=350\" class=\"alignleft size-medium wp-image-1004086218\" alt=\"Quadrant Regent Street\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/11\/Quadrant-Regent-Street.jpg\" width=\"300\" height=\"137\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/11\/Quadrant-Regent-Street.jpg 350w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/11\/Quadrant-Regent-Street.jpg?resize=300,137 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\u00a0The Crown Estate\u2019s \u00a31 billion ($1.6 billion) regeneration of Regent Street has reached a new milestone as on site work starts at Quadrant 2 South.<\/p>\n<p>The project follows in the footsteps of previous redevelopments that have seen the Regent Street Quadrant in London transformed into a destination for fashion, lifestyle and business. Regent Street is owned by The Crown Estate in partnership with Norges Bank Investment Management.<\/p>\n<p>Previously completed projects to date include the landmark Quadrant 3 scheme, a \u00a3400 million ($643 million) mixed-use redevelopment covering 270,000 square feet of space. The successful project includes Al Gore\u2019s Generation Investment Management and Telefonica Digital amongst its office tenants.<\/p>\n<p>The works at Quadrant 2 South will see the Grade II listed properties redeveloped to provide new, modern office space and this way building further up Regent Street\u2019s reputation as a destination for global businesses. The project, a wholesale retrofit of Quadrant House and 7-9 Air Street, is expected to be completed by early 2015.<\/p>\n<p>The project aims to also reach the highest levels of sustainability and the building will draw on power from the first molten carbonate fuel cell that The Crown Estate installed at Quadrant 3 earlier in October, 2013. The building is set to produce 40 percent less carbon emissions than equivalent new builds. Quadrant 2 South will also take advantage of a wide range of green sustainable technologies such as photovoltaic panels to increase even more the energy efficiency of the building and to reduce its carbon output.<\/p>\n<p>\u201cThis project is a great example of our commitment to high quality, sustainable development in our ongoing transformation of Regent Street. Quadrant 2 South will provide new modern office spaces, enhancing Regent Street&#8217;s appeal as a destination for global businesses, whilst preserving the important listed facades that give the area its unique character,\u201d said Alastair Smart, head of development.<\/p>\n<p>The Crown Estate, a real estate entity with a capital value of \u00a38.6 billion ($13.8 billion), is owned by the Crown but is not the private property of the monarch. The entity is governed by an Act of Parliament.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Crown Estate\u2019s $1.6 billion regeneration of Regent Street has reached a new milestone as on site work starts at Quadrant 2 South. <\/p>\n","protected":false},"author":264,"featured_media":1004086218,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,16,21752,21742],"tags":[],"class_list":["post-1004086182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-international","category-mixed-use","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Crown Estate\u2019s $1.6B Revamping Project of Regent Street in London Gets Under Way - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crown Estate\u2019s $1.6B Revamping Project of Regent Street in London Gets Under Way\" \/>\n<meta property=\"og:description\" content=\"The Crown Estate\u2019s $1.6 billion regeneration of Regent Street has reached a new milestone as on site work starts at Quadrant 2 South.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-04T15:34:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T20:49:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/11\/Quadrant-Regent-Street.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"350\" \/>\n\t<meta property=\"og:image:height\" content=\"160\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc807179924e7fea3aeab259237f45a5\"},\"headline\":\"Crown Estate\u2019s $1.6B Revamping Project of Regent Street in London Gets Under Way\",\"datePublished\":\"2013-11-04T15:34:39+00:00\",\"dateModified\":\"2022-12-06T20:49:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\\\/\"},\"wordCount\":354,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/11\\\/Quadrant-Regent-Street.jpg\",\"articleSection\":[\"Development\",\"International\",\"Mixed Use\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/crown-estates-1-6b-revamping-project-of-regent-street-in-london-gets-underway\\\/\",\"name\":\"Crown Estate\u2019s $1.6B Revamping Project of Regent Street in London Gets Under Way - 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