Blog

A chequered past, years of master planning, crises in the financial markets and now a new era….Kings Cross is coming out the other side.

1st March 2012

One cannot fail to recognise all the changes in and around Kings Cross. Every few months another milestone is reached. While the journey has been long and still has many years to completely fulfil its ambitions, it is now progressing with confidence, self-assurance and its very own swagger.

For many years the constant promises of regeneration and improvements produced very little physical evidence. November 2007 changed that with the gleaming and proud launch of international travel in and out of St Pancras and the beautiful restoration that came with that.

Our own Kings Place project, which we launched in October 2008 – against a terrible economic backdrop – has produced a new way of combining conferencing, hospitality, arts and culture in a vibrant commercial office environment, with varied food retailing choices. All-purpose built, in a contemporary and stylish fashion.

Much of our time in the first few years of the business was spent convincing customers and clients to take a leap of faith and bring their events to us at Kings Place. In those short number of years there has been a shift in sentiment from conference and event organisers. Recognising the largest transport hub in London and seeing the ever improving physical changes to the area, Kings Cross and Kings Place are clearly now favoured places to do business.

So what’s the next stage of the development?

Well, October just past saw Central St Martins/the University of the Arts move into the area. A new road, Kings Boulevard, linking the two stations and ourselves and the university has also opened. Next month sees the opening of the new entrance and concourse at the heart of Kings Cross mainline station. Summer sees the launch of Granary Square, which will form a focal point for the whole King’s Cross area. Later this year the first of the 2,000 new residential properties will be occupied. Moving forward BNP Paribas will move into a gleaming new office block, with many more commercial property deals in the pipeline. Kings Cross Business Partnership has been launched to promote the area, which we are a founding member of.

So at Kings Place, we are in confident and optimistic mood. In difficult times we launched several new businesses and have grown them successfully, against challenging market conditions. Going forward, we will continue to strive for excellence in all that we do and will grow our event and hospitality business, working with progressive and like-minded organisations.

As Kings Cross changes and looks forward, at Kings Place we are pleased to be at the heart of this transformation.

JOHN NUGENT
CHIEF EXECUTIVE
GREEN & FORTUNE