CHISWICK BUSINESS PARK ATTRACTS MAJOR TENANTS
Teletext and Nokia to move in but concerns remain about environmental impact
Two blue-chip names are to be added to the tenant list at Chiswick Business Park with Teletext and Nokia likely to be taking space.
Teletext currently has 350 staff in two offices in Fulham and Chelsea and will be consolidating its operations in Chiswick. The relocation should take place by May 2003. They are taking 42,500 sq ft in Building 9 which should be completed early next year.
Mike Stewart, managing director of Teletext, said: “We require offices that reflect the dynamic pace of the company, and we have managed to fulfil this in Chiswick Park”
Existing tenants at Chiswick Park include France Telecom, IntelSat, Flagg Telecom, Regus, Centrica and Esporta.
The Times has also reported that Nokia will be taking 100,000 sq ft at in one of the already completed units. The total project size is 1.5mn sq ft.
The developers of the project have rebutted claims that they are poor neighbours. Residents have been concerned about parking and the noise from the air-conditioning units on the building. In response to local criticism Ron German of Stanhope issued a statement saying: "Being a good neighbour is fundamental to the way we work and liaison with our neighbours continues" Local people also claim that traffic in the area is rising since the opening of the Business Park particularly along South Parade.
The developers will be funding some major improvements to the local transport infrastructure and a local consultation was recently completed. Some concern has been expressed that the exercise was poorly publicised.
13th July 2001