FI Real Estate Management: Stunning £8 million transformation of 1 Newbridge Square
FI Real Estate Management has announced the completion of its stunning £8 million transformation of 1 Newbridge Square in Swindon.
The multi-million-pound project is part of the wider regeneration of Swindon, with a strong emphasis on sustainable design and occupier wellness.
The building, which was the former home of Zurich Insurance, has been transformed into a state of the art business address, with high spec office and retail space. 1 Newbridge Square boasts a total of 100,000 sq ft of high-quality grade A office space, with flexible floorplates available up to 24,000 sq ft.
The scheme focuses on wellness, ESG with a future-proof vision, and has implemented an environmental management system which minimises onsite energy usage, including the installation of solar panels. This is supported by key environmental credentials including EPC A and BREEAM Excellent.
Interior highlights include two living trees living in the reception area, and a 7550mm x 4000mm living wall; such features are proven to increase productivity, improve air quality and regulate temperature. Complementing these are occupier amenities including fitness and gym facilities; cycle and scooter provisions; EV charging points; on-site retail; a business lounge; and an event space, which can be adapted for a variety of uses, from yoga classes to business conferences.
1 Newbridge Square’s environmental credentials also include:
- Life Cycle Carbon Assessment – the building is developed to achieve low embodied carbon and be low-carbon in operation. The design has 30% less structural embodied carbon compared with other benchmark buildings.
- Fitwel accreditation – a standard that measures occupant health and wellbeing.
- Low Zero Carbon PV Installation –renewable energy production via solar photo-voltaic panels on the roof of the building.
- Materials – local procurement where possible; low carbon materials (with a high recycled content) or renewable materials (i.e. from natural sources such as wood, plant fibres and bio-based materials); healthy materials, with a third party low toxin and volatile organic compound (VOC) certification.
- Waste – reusing as much of the strip-out material as possible; avoid sending strip-out waste to landfill (align with London Plan requirement to divert 95% of construction waste from landfill); where new materials are specified, ensure high recycled content.
- Lighting Strategy – including highly efficient LED lighting; lower illuminance throughout and zone lighting, so that if the office is not fully occupied, the lighting can be turned off in those areas that are not occupied.
Dominic Knowles, Head of Offices at FI Estate Management, commented: “We are immensely proud of 1 Newbridge Square. We believe it’s an incredible workspace and a real asset for Swindon, which brings ‘London quality’ offices to the South West.
“We’ve already shown the space to many global and local businesses who are in conversation to potentially relocate, and we’ve been blown away by their amazing feedback and positive comments.”
Tim Knowles, Founder and Managing Director at FI Estate Management, added: “At FI Real Estate Management our passion lies in creating attractive, sustainable and unique spaces, and 1 Newbridge Square embodies all of these key elements and more.
“We wanted to be part of the exciting £1 billion regeneration that is happening right now in Swindon, and enable businesses to grow in a wellness-focused, user-centred workspace, as well as being at the forefront of improving the town’s eco strategy as a climate positive asset.”
As one of the most established names in commercial asset and property management in the UK, FI Real Estate Management operates an extensive and diverse portfolio which covers over 15m sq ft, including 5m sq ft of new build developments, across the nation, with assets totalling in excess £1.2bn.
Cushman & Wakefield, Loveday, and Smethurst are acting as joint agents for the office space.
For more information go to fi-rem.com/property/1-newbridge-square/
To see all of the commercial property available from FI Real Estate Management visit NovaLoca here.