The CPA was delighted to welcome members to the top floor of Aldgate Tower where they enjoyed stunning views of the City, courtesy of AECOM, at yesterday’s seminar; which was our last event before the summer break.
David Ainsworth, CPA Vice President, welcomed members and David Barwell, Cities Chief Executive, AECOM, provided the introduction to the seminar by briefly talking over the company and their related work.
Jon Neale, Head of UK Research, JLL then took to the stage to guide members through some of the facts of figures of the boroughs neighbouring the City of London. He summarised the stock available; discounted rent and the authenticity of the areas for why they are rapidly growing as commercial clusters.
Of particular note, was that these areas are set to continue growing; however the ‘gritty’ feel of the areas must remain to attract occupiers who are seeking a certain ‘vibe’. Jon, concluded his presentation posing he question, that with this growth are these areas becoming too expensive and mainstream?
David Ainsworth then took to the podium to chair the panel discussion which comprised of Jon Neale, Paul Comerford, Director of Planning, AECOM; Cllr Rachel Blake, Cabinet Member for Strategic Regeneration and Waste and Emily Prideaux, Head of Leasing, Derwent London. The speakers spoke across a spectrum of issues that affect City Neighbour boroughs. Prominent discussion points were; planning policies in the areas directly next to the City of London; the rise of shared workspaces; maintaining local businesses to keep the ‘authenticity’ of the area and whether or not tech companies are as prominent in these areas as previously thought.
The event then concluded in a lively Q&A session and shortly afterwards members were invited to visit the adjacent The Whitechapel building by Derwent London, to see an example of the type of development in the City Neighbour areas.
Related Research: Tech X in the City