Hines has pre-leased 14,250 square feet of office space across three floors at The Burlian in Mayfair, its flagship mixed-use office and retail development, on behalf of its Hines European Value Fund 2 (HEVF 2).
The building was acquired by HEVF 2 in February 2020 and is designed by the award-winning Orms Architects. Hines is currently undertaking a comprehensive refurbishment and regeneration of the project situated in a super-prime location on Dering Street delivering a total of c.33,000 square feet of retail and office accommodation. The office space includes brand new end of trip facilities incorporating 118 cycle spaces for occupiers, lockers, high-end shower and changing facilities and 2,260 square feet of amenity space with fitted seating and landscaped planters on the eighth floor terrace with fantastic views across Mayfair.
Hines’ sustainable approach to redevelopment will result in a 75% retention of the former buildings structure outperforming embodied carbon of a typical new-build development by 30%. Upon expected completion in Q3 2023, following topping-out in February, the scheme plans to target BREEAM ‘Outstanding’ and SmartScore ‘Platinum’ accreditations.
Jake Walsh, managing director at Hines UK, commented: “We are delighted to have pre-leased three floors of the development to an established Asian multinational occupier ahead of expected completion in the third quarter of this year. This is testament to the quality of the office space being delivered with best-in-class amenity provision and strong ESG credentials in a prime Mayfair location.”
