Tax man is rationalising its estate into 13 regional hubs
HM Revenue & Customs (HMRC) has chosen a site being developed by Bam Properties and Taylor Clark Properties in Glasgow’s International Financial Services District for part of its new regional hub in the Scottish city.
The £100m, 300,000 sq ft Atlantic Square scheme designed by local practice Cooper Cromer will be built by Bam’s construction arm.
It consists of two buildings – a 10-storey building providing 180,000 sq ft of office space and a six storey building providing 80,000 sq ft of space – plus a third building providing residential and retail space.
HMRC is condensing 170 offices into 13 regional hubs as it aims to save the taxpayer £100m over 10 years.
The hubs, which include Croydon, where HMRC has signed a 25 year lease to take the entire 180,000 sq ft of space at One Ruskin Square designed by Shedkm for Stanhope and Schroder next to East Croydon railway station, are expected to be fully operational by 2021.
HMRC revealed earrlier this summer that it had selected nine firms – Bam, BW Interiors, Interserve, ISG, Mace, Overbury, Shaylor Group, Styles & Wood and Wates – for its new framework for fit-outs of the new regional centres.
Turner & Townsend was appointed as the strategic delivery partner to HMRC on the scheme in March last year.
Bam declined to comment. HMRC has been contacted for comment.