AirW1 wins Building Magazine Project of the Year

The Crown Estate's new flagship office space, AirW1, has won the Building Magazine Project of the Year award at the 2012 Building Awards.

20 April 2012

The prestigious award ceremony, held on 18 April 2012 at the Grosvenor House Hotel, Park Lane, celebrated the very best of British design and construction, in front of over 1,300 industry delegates.

Our winning office building saw off strong competition from seven other outstanding projects, including Britain's second tallest building, Heron Tower, and Rothschild's new London headquarters, New Court.

The AirW1 development, which forms part of our landmark Quadrant 3 building in Regent Street, provides over 16,700 m2 (180,000 ft2) of outstanding Grade A office space, and is the only office space in London's West End to complete before 2013.

Aside from its outstanding architectural features, including a stunning central atrium in the heart of the office space, the building's energy strategy sets a new benchmark for a sustainable central London development, with features including two combined heat and power plants (CHP) and photovoltaic panels. One of these CHP units is the largest and most efficient fuel cell in Europe, and the only unit in the West End.

The office space is now over 60 per cent let.

Sir Robert McAlpine, the contractor for the Quadrant 3 and AirW1 development, also triumphed on the night, winning Contractor of the Year, in recognition for their work with The Crown Estate and other leading developments across the UK.

David Shaw, Head of Regent Street Portfolio, praised the work of the development, design and construction teams: "AirW1 has truly set the benchmark for sustainable urban regeneration of historically important buildings.  It was completed four months ahead of the schedule and significantly under budget thanks to the dedicated work of our development and construction teams, including Stanhope and Sir Robert McApline. Over 4,000 people worked with us from start to finish on this project, and our success is a credit to the whole team."

Alastair Smart, Head of Development, said: "We are thrilled to have won such a prestigious award, and to have done so facing competition from other outstanding projects from across the UK. A sign of the building's success is the 60 per cent occupancy that the building received just two months after completion."