Threepipe, The Gentlemen Baristas and Horticulture on board as the scheme’s first phase nears completion
Real estate investment and development business Trilogy Real Estate and LaSalle Investment Management, the leading real estate investment manager, today announced four lettings at Republic, the next-gen workplace campus in East India Dock aimed at companies priced out of Central London and Shoreditch.
Threepipe, an independent and award-winning full-service digital agency which counts Nike, The England & Wales Cricket Board and Sweaty Betty among its clients, has shifted its 80 plus staff from Covent Garden to the campus, taking 6,000 sq ft of office space.
Horticulture, a restaurant launch led by chef Marc-Antoine Bodin, will create an independent food offer to coincide with the full launch of the project this spring. Alongside the 2,900 sq ft restaurant, Horticulture will source food locally, including from an on-site garden, and feature a flower shop alongside retro hi-fi systems and all-day DJs.
The Gentlemen Baristas, the coffee start-up near Borough Market, favoured by bloggers and known for its barista school, has announced it will open its fourth café at Republic with a deal for 3,100 sq ft, offering top-quality coffee from its on-site roastery. Its other outposts are at The Building Centre in Bloomsbury and The School House, based at Jerwood Space.
Hadley, an East London accountancy firm, has also taken 1,000 sq ft of space in Anchorage House.
Robert Wolstenholme, Managing Director of Trilogy Real Estate, said:
“Republic is already attracting young businesses priced out of central London and Shoreditch, and with this series of lettings we are setting the tone for our new creative neighbourhood – a place for our tenants to work, collaborate, innovate and play. Studio RHE’s reimagining of the building and The Trampery’s community management will be catalysts when the building launches fully in May.”
Jim Hawker co-founder and director of Threepipe said:
“Ridiculous rents and rates of central London have forced us and many other creative agencies to look elsewhere to settle and run our businesses. Republic is designed for creative businesses, is competitive in rates and will be a place where our business can expand and grow. We have fast access into the West End and have more flexibility to spend our hard earned money on things other than rent and rates by investing more money into staff training, developing our own IP and attracting talent and clients.”
Republic is already home to The Trampery co-working space and Deliveroo’s East London recruitment hub. Average quoting rents for Republic are in the mid-£30s a sq ft, depending on floor and location in the building.
Republic aims to stem the tide of young companies leaving London by creating 600,000 sq ft of truly affordable workplace that meets contemporary professional and personal needs, with a focus on the core values of creativity, connectivity and affordability.
The first phase of the masterplan include is the transformation of Anchorage House in to 225,000 sq ft of substantially refurbished space with a co-working space. The plans by award-winning architect Studio RHE completely transform the existing first-generation Docklands office development to create a dynamic environment that embodies contemporary work practice.
Extensive landscaping is underway, replacing the streets of the original 1990s development, using planting, open water and trees to create a series of external spaces defined by timber porticos and colonnades.
Updates can be found at http://republic.london/ and @RepublicLDN.
Trilogy Real Estate and investor LaSalle Investment Management have retained Allsop and CBRE as office agents and CF Commercial and CBRE as retail agents for the scheme.