One of the UK’s leading property specialists, Stoford Developments appoints the main contractor for the new £26.7m headquarters of a world-class communications software company in London.
Located in Genotin Road, Enfield, the impressive 66,000 sq ft North London office building is being built by McLaren Construction and will be the new home for UK-based telecommunications firm Metaswitch.
Stoford director Gerard Ludlow said: “We’re pleased to have reached the next stage of this significant investment for Metaswitch by appointing a contractor to deliver this impressive headquarters.
“It’s not only good news for the company, which is growing, it is also good news for the town because a major employer is committed to remaining in the area where it started more than 30 years ago, creating new jobs and opportunities. The local community and Enfield Council have been extremely supportive throughout the process, and we’re now looking forward to beginning on site.”
Work on the stunning new five-storey building is expected to start in a matter of days and will comprise of a ground-floor reception with café, a basement carpark for 96 vehicles, state-of-the-art data centre, rooftop conference centre as well as a full-height atrium for up to 500 employees.
Jay Newman, McLaren’s Regional Managing Director, South said: “McLaren has successfully delivered a number of developments for Stoford, and we are thrilled to be working with them again. We have an extensive portfolio of commercial offices of the highest quality, and we look forward to delivering a new home for Metaswitch.”
The move comes as part of the company plans to both grow and consolidate its three existing premises into one new location.
Metaswitch has agreed to sign a 15-year lease once the building is completed.
Martin Lund, CEO of Metaswitch, said: “Metaswitch is delighted to be working with Stoford and McLaren Construction to create a stand out working environment for our employees and visitors. This will give us a stunning building which will help us attract and retain the best talent to maintain our position as one of the world’s best in our field. It is a very exciting project for us, and we are very grateful to Enfield Council for its assistance in making it possible.”