Met Police HQ goes to market
Fri 3rd October 2014, 10:02 am
The Metropolitan Police's New Scotland Yard headquarters has gone on the market with a price tag of £250 million.
The operational HQ in Victoria has been home to the met for nearly 50 years and will now be marketed under a new name – Ten Broadway.
The met will relocate to the Curtis Green Building on Victoria Embankment, in a move which is expected to save £6 million in annual running costs, to be used for investing in new technologies such as body-worn cameras and smartphones for police officers.
The deputy mayor for policing and crime, Stephen Greenhalgh, said: “Investing in new technology is key to more preventative policing, and by selling the old Met HQ and shrinking the estate, we can afford to fund the massive programme we have underway to equip frontline officers with cutting edge technology.”
City Hall hopes that the sale, handled by Jones Lang LaSalle (JLL), could eventually raise more than £300 million.
Director of metropolitan police property services, Jane Bond, said: “The launch of Ten Broadway on the open market is a significant step in the delivery of the MOPAC / MPS estate strategy and its sale will release substantial capital to re-invest in front-line policing. The building is surplus to operational policing requirements and its disposal offers a great development opportunity for London, right in the heart of a new residential district undergoing an exciting transformation.”
The Met Police attended the previous Sitematch London event. Book today to attend the next event on 10 February 2015.