Croydon’s credentials as an office headquarter hub has stepped up recently with the relocation of The Body Shop and EDF Energy from central London.
As improved facilities have appeared in Croydon with Grade A offices at Ruskin Square, Interchange and Renaissance as companies are attracted to headquarter-style facilities at a fraction of the cost of Central London.
Indeed, as well as taking all of the first office block being delivered by Stanhope and Schroder on the Ruskin Square site, the HMRC has an option on the second.
One Lansdowne will soon add to this portfolio, building on Croydon’s strong history as a commercial location.
Thousands of government workers having been based in the town for several years, a move which is set to gather pace as the government urges departments to streamline and consider moving some of their operations away from Zone One.
The borough has also been a long-standing hub for insurance companies while, in recent years, it has seen the capital’s most rapid growth in the tech sector.
With a location just 15 minutes from the West End, the City of London and Gatwick Airport and Croydon having been confirmed as a Growth Zone, where more than 20,000 jobs will be created over the next few years, it is well on its way to meeting outgoing Mayor of London Boris Johnson’s description of the town as the “Economic Powerhouse of South London”.