Jones Lang LaSalle is Appointed to Advise Argent on Future Management of Kings Cross Public Realm

Argent has appointed Jones Lang LaSalle to provide property management advice on the prestigious mixed use development at King’s Cross. The 67 acre brownfield site, north of King’s Cross and St Pancras International station, will comprise up to 4.9 million sq ft (45,5224 sq m) of offices, some 2000 new homes and serviced apartments, 495,000 sq ft (45,987 sq m) of retail space, together with leisure, hotel and other uses. The development will also create new streets, bridges and open spaces replacing the existing fragmented and disconnected public realm.

Peter Marks, the Director heading the consultancy team at Jones Lang LaSalle, commented: “We share Argent’s view that it is essential to the success of the scheme that the future management of the public realm is an integral part of the development process. They recognised our unique experience in this area, which has been gained through our involvement in leading mixed use schemes in London.”

Jones Lang LaSalle will advise on the management strategy and future running costs of the public realm areas that will be created within the development. This will involve working with future occupiers to ensure full transparency on the management operation and the methodology by which costs are allocated between respective users.”

source : Jones Lang LaSalle