Construction UK Logo For Mobile
Time and date
Share this page
Construction News

L&G To Forward Fund HMRC Regional Centre In Stratford

Construction News Image
A new regional centre for HMRC is to be created in Stratford, London.

Legal & General (L&G) has agreed to forward fund the construction of the 14 Westfield Avenue office facility, which will provide approximately 300,000 sq ft of high quality office and ancillary accommodation set out over ground and 12 upper floors.

In addition, the building has been designed to provide generous amenities and includes 358 cycle spaces with changing and storage provision.

The development, which is being undertaken by Unibail-Rodamco Westfield, represents Legal & General's seventh Government hub forward funding deal. The facility is scheduled to be ready for occupation in late 2020.


Tom Roberts, Head of strategic investment at Legal & General, said: "This deal is the latest in a line of successful acquisitions of such Government backed investments which have now surpassed the £1bn mark in the last year. This is a strong achievement for the team here at Legal & General serving to make a valuable contribution towards matching our continued appetite for secure long income investments. We are delighted to be partnering with Unibail-Rodamco-Westfield on this development and are firm believers in Stratford's excellent fundamentals as evidenced by our existing ownership of the nearby TfL building and are thrilled to add this investment to our portfolio."

Steven Boyd, Estates Director at HMRC, said: "The development at 14 Westfield Avenue is a high specification office space in a growing area of London and close to great public transport links. When it is built, the new building's quality environment and high speed digital connectivity will allow our staff to work collaboratively with other teams enabling us to become a tax authority fit for the future. We expect to start moving staff into the new building in 2020."


Latest Construction News


More than 500 new homes are to be built in Stratford, London. Mace has been appointed to deliver the £180 million N06 East Village project, which will provide 524 new homes for private rental adjacent to Queen Elizabeth Olympic Park. The new apartments will be spread across two towers at 26- and 3

McLaughlin & Harvey (McL&H) has started work to build a new £50 million training facility for Liverpool FC in Kirkby. The NI-based contractor will create a new 9,200 sq m training complex for the first team, along with a state-of-the-art training area for the club's development squads as well as ne

British Steel has secured a £200 million contract with Network Rail. The contract extension will see British Steel will supply over 200,000 tonnes, or 4,000km of rail, from March 2019 to March 2021. Under the company's current five-year deal, up to 9,000km of high quality rail will already have be

Facilities management specialists are being invited to bid for £2.9 billion worth of work with the Defence Infrastructure Organisation (DIO). The Future Defence Infrastructure Services (FDIS) contracts will provide FM services across the UK defence estate. This phase of the FDIS programme will pro

UK fire protection specialist, Checkmate Fire Solutions, has revealed plans to expand into larger offices in Harlow, Essex. Following ongoing growth, the Yorkshire-headquartered business is carrying out the expansion due to increased Checkmate's compliance and third-party accredited installation se

Work is continuing on the Telford Footbridge project in Shropshire. Balfour Beatty has finished work to install the second 240-tonne footbridge over Telford Central railway station and the project is on schedule for completion in early 2019. Working overnight, the contractor used a 230ft crane to

Work is continuing on a flagship house-building programme in Cardiff, Wales. Wates Residential has delivered the first 13 homes under the Cardiff Living programme, which is set to deliver around 1,500 new homes in the next 10 years. The homes, located on the Braunton Crescent site in Llanrumney, w

Yorkshire Water Services has been fined over £700,000 after a worker suffered fatal burns during work at a sewage treatment facility. Mr Michael Jennings, a fitter working on behalf of the company. died in hospital two days after the incident at Tadcaster Sewage Treatment Works. Leeds Crown Court

Nearly 30 new council homes are to be built in Hackney, London. A long disused boiler house on Pedro Street in Clapton Park will be demolished to make way for 26 'affordable' homes as part of Hackney Council's housebuilding programme. The site is one of more than 20 that will provide almost 2,000

New mixed reality software has been trialled for the first time on-site at a new primary school development in Southgate, London. The pilot, which was carried out by Morgan Sindall and BakerHicks, used a Microsoft HoloLens mixed reality headset to perform installation checks on the project. Morgan
Environmental Street FurnitureAuswood JoineryIndustrialMachines.netTheos Timber LtdLarsen Foundations LtdOakland Projects- Flood ProtectionPortakabin Hire CentreOrchard StoneApex Engineering Services LtdTubular Techniques Ltd
Terms and Conditions