Thursday 7 February 2013 – Media Release


Final Piece of Steel is Erected at 25/30 Churchill Place in Canary Wharf

Symbolic moment as the final piece of the original Canary Wharf masterplan is put in place New office building for the European Medicines Agency moves into final construction phase, less than one year after construction began above ground

The construction of 25/30 Churchill Place reached a major milestone today with the installation of the final section of the steel frame, joining over 5,300 pieces or 8,130 tonnes of steel which make up the building’s outer structure. 25/30 Churchill Place marks the completion of the original Canary Wharf masterplan, which was drawn up by Skidmore, Owings and Merrill and began construction in 1988. Canary Wharf Group has now built over 16m sq. ft. of office and retail space, and has planning permission for another 9.3m sq. ft. of mixed use space in the pipeline at Canary Wharf and adjacent Wood Wharf.

Construction began above ground at 25/30 Churchill Place in February 2012 and today’s steel installation completes the building’s structure on schedule. The building is being developed by Canary Wharf Group, built by its wholly owned subsidiary Canary Wharf Contractors Limited and designed by architects Kohn Pederson Fox. It is set to house the European Medicines Agency from early 2014. A pre-let of 250,000 sq ft out of the 500,000 sq ft property was agreed with the European Medicines Agency in August 2011 and the balance of the available space will be marketed by Canary Wharf Group as construction progresses.

Today’s occasion was commemorated by Canary Wharf Group and European Medicines Agency executives who signed their name on the nine metre long section of steel which was then erected 20 storeys above ground. 25/30 Churchill Place sits at the east end of Canary Wharf, adjacent to the future Wood Wharf development, which aims to further diversify Canary Wharf’s occupier-base, attracting businesses in growing sectors such as IT services, creative media and telecommunications.

As many as 1,000 direct jobs and several thousand indirect jobs have been supported in the construction and supply of materials and components at 25/30 Churchill Place. These have been assisted by Canary Wharf Group-led schemes such as East London Business Place, which helps local small businesses win contracts at Canary Wharf, and Skillsmatch, which helps Tower Hamlets’ residents access construction training and job opportunities.

25/30 Churchill Place will be one of the most energy efficient office buildings on the Canary Wharf Estate to date. Environmental features will include elevators that store and reuse energy elsewhere in the building, the latest ultra-efficient air-conditioning equipment that recycles the energy from exhaust air and photo voltaic cells to generate energy from the sun’s rays. The building will also have a ‘green’ roof, which enhances biodiversity and energy efficiency. 25/30 Churchill Place is aiming for an ‘excellent’ BREEAM environmental performance rating and an Energy Performance Certificate (EPC) rating of 40 or better.

Cormac MacCrann, Executive Director of Canary Wharf Contractors Limited said: “The construction team have done an excellent job to get the building to this point in less than a year. We are very proud of 25/30 Churchill Place’s environmental credentials and the boost it is bringing to the local economy, especially considering the jobs market over the past few years. It is always pleasing to deliver office space for world-class organisations, helping to retain London’s position as a world capital for business. 25/30 Churchill Place is symbolic, but it is just the end of the beginning for Canary Wharf; we have plenty more construction to come both at Wood Wharf and elsewhere.”

ENDS

For further information please contact:

Canary Wharf Group plc
John Garwood / Hamish McDougall
Tel: 020 7418 2326

Brunswick Group
Elizabeth Adams / Lewis Clark
Tel: 020 7404 5959

About Canary Wharf Group plc

Canary Wharf Group plc is an integrated property development, investment and management group of companies.

Canary Wharf has a working population of 100,000 people in a diverse range of sectors for some of the world’s leading companies. It has paved the way for the regeneration of London’s Docklands and one in five Canary Wharf workers now lives in a local East London borough. It has helped London and the City consolidate its position at the centre of the business world.

The Group has plans in place to continue to develop Canary Wharf in the coming years in parallel with other central London developments including the Shell Centre on the South Bank (in a joint venture with Qatari Diar) and 20 Fenchurch Street in the City of London (in a joint venture with Land Securities). The Group has completed the construction phase of the Canary Wharf Crossrail station ahead of schedule and on budget.

www.canarywharf.com Twitter: @yourcanarywharf