BP Aberdeen Case Study - Oil Industry - Business Park | Goodman Business Parks+

Background

Aberdeen is the hub of the North Sea oil industry and BP is one of the largest players in the energy business.

BP's Objectives

When, in 2004, BP announced its intention to relocate from its existing sprawling office complex (constructed progressively since 1975 and totalling approximately 500K sq ft) to an iconic headquarters that would reflect BP's commitment to sustainability, they turned to Goodman to develop the new building.

The Goodman Solution

The Development Agreement was signed in August 2005 and following the grant of planning permission, construction commenced in early 2006. With an initial space requirement of circa 230,000 sq ft GEA and 1,200 staff to accommodate, everything about this project was on a large scale. 850 staff car parking spaces were required (at 1:26 sq m each, 15% above Scottish parking standards). The heart of the building design is a central unifying space dubbed 'the street'. This full height, 3 storey atrium runs the full length of the office complex and provides intrinsic meeting areas within a naturally ventilated environment.

In addition, Goodman agreed to purchase BP's existing properties, extending to 14.8 acres, and implement a detailed regeneration plan. For this, Goodman envisages a sustainable, mixed-use development in line with the emerging Aberdeen city plan.

The Result

Throughout this project, Goodman and BP made sure that environmental concerns were at the forefront. This resulted in 93% of materials from the previous BP buildings being reused on the new development. The completed building was sold to a German Investment Fund in mid 2008 for a price in excess of £52 million.

The headquarters also won Best Bespoke Building outside central London and Deal of the Year outside central London at the Office Development Awards 2008. Additionally, the site has won Property Week Scottish Awards for Green Award and Best Corporate Occupier.