• 19 December 2018

Prestigious Jersey development continues with completion of IFC 5

New business hub for the international finance industry

Jersey’s world class business hub, the International Finance Centre (IFC), provides a commercial centre of the highest quality right at the heart of bustling St Helier. With its second building now in operation, the six-building scheme looks set to become the jewel in the crown of the newly-regenerated waterfront area.

The IFC Jersey Masterplan
Under the guidance of the current IFC Jersey Masterplan, the scheme will add 43,665 m² of high quality, Grade A office space. The offices will meet the latest design and operational efficiency standards, promising flexible, comfortable work space. Featuring floor to ceiling windows on all four façades, maximising natural light and providing stunning external views is central to the design of each building.

The Masterplan features a new public square, 520 public car parking spaces, landscaped areas and a park, with 50% of the development dedicated to civic space for all to enjoy. The IFC will incorporate a range of restaurants and cafés, becoming a popular destination for the local community, as well as for businesses.

Wider scheme involvement
We have been heavily involved with the IFC development since inception, with our Structures team providing structural designs, our Building Services team undertaking fire strategy and MEP designs, and our Infrastructure and Environment team carrying out the transport planning, Environmental Impact Assessment (EIA), detailed ground investigation and remediation, hydrogeological assessments and geotechnical design. The first building delivered (IFC 1) boasted enviable sustainability credentials, becoming the first to achieve a BREEAM ‘Excellent’ rating in Jersey.

Following the successful handover of IFC 1 in March 2017, the latest building in the development, IFC 5, again saw the involvement of our multidiscipline team.

IFC 5 swings into operation with major tenant
The building was officially launched on Wednesday 12th September, with Treasury Minister Deputy Susie Pinel in attendance alongside Deputy Bailiff Tim le Cocq and St Helier’s Constable Simon Crowcroft, among other officials and guests. SANNE, a leading global provider of alternative asset and corporate administrative services, have taken residence over three floors of the building, with more tenants set to move in over the next few months.

Providing 6,400 m² of premium Grade A office space over six storeys, the MJP Architects-designed building incorporates a basement level with parking for 48 cars and 72 bicycles. Externally, the development features a public landscaped area, Trenton Square, named in homage to the State Capital of New Jersey, Trenton. This shared space provides a communal area from which tenants and visitors can enjoy views across St Aubin’s Bay and St Helier Marina.

Our sustainability team provided expert advice on the solar gain, ensuring the building had the optimum level of glazing to lessen solar gain whilst maximising natural light and external views. For levels 1 to 4, the façade design includes vertical opaque elements with rebated glazed elements to provide an appropriate mix of high performance glazing and opaque surfaces. The fifth level features a deep overhang to increase the external shading, again reducing solar load and overheating. In addition to this, the team incorporated low and zero carbon technologies to improve the building’s energy performance by 15% above the minimum standards.

Richard Whitehead, Structures Director, commented; “We are very excited to have reached this milestone. IFC 5 will provide exceptional Grade A office accommodation. We are proud to be working with MJP Architects to design an exemplary building with our multidiscipline teams.”

Lee Henry, Managing Director of JDC said; “We are delighted to have completed the second building at the IFC on time and on budget. We also welcome SANNE as our first tenants and wish them every success, particularly as this year SANNE celebrated a significant anniversary. The building is now 87% let with signed Heads of Terms for a further 3%, we expect the building to be fully let by the end of the year.”

Reza Schuster, Director of MJP Architects, said; “MJP are proud to be part of the team delivering a world-class new financial district for Jersey’s premier industry. The successful completion of IFC 5 builds on the gold standard set by IFC 1, and the latest International Finance Centre development forges an important second link in the chain which connects the Waterfront to the historic town.”

Read the latest edition of our Waterman Times here.

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