Barclays House
Coordinates: 50°43′12.5″N 1°58′50.2″W / 50.720139°N 1.980611°W
Barclays House is an office block in Poole, Dorset, in England. It was constructed by Barclays bank from 1972 to 1975 as part of a move to decentralise its offices from London. Barclays left the site in January 2022 and put the structure up for sale by sealed bid auction. The highest bidder was Bournemouth, Christchurch and Poole Council who may use the site as office space.[1]
Barclays
Barclays House was built by Barclays bank as part of a move to decentralise from its London offices, where it had been facing rising costs, and to create jobs locally. The contract was awarded to the John Laing Group and construction was completed between September 1972 and June 1975.[2] The structure, located in Wimborne Road, was designed in the brutalist style by architects Wilson, Mason and Partners. It consists of three main wings, each octagonal in plan, and dominates the town centre skyline.[3][4][5]
Barclays first occupied the office in January 1976.[4] The structure's basement is below sea level and is often flooded or damp, which prevented its use by the bank for storage. The structure has also sunk over time due to its significant mass.[3] The front features a 14 feet (4.3 m) eagle (the Barclays logo), made from 1-inch (25 mm) thick aluminium.[6]
In 2016, the building was refurbished as part of its 40th anniversary.[7] On 27 October 2022, the Barclays logo was taken off the front of the building.[8]
Proposed redevelopment
Plans for Barclays to move out were announced in January 2022, with most of the staff relocating to a new office in nearby Bournemouth.[4] Because of the structural issues any work to convert the structure would likely require multi-million pound foundation strengthening.[3]
The structure was offered for sale by sealed bid. The highest bid, received late in the process, was from Bournemouth, Christchurch and Poole Council (BCP) the unitary local authority. BCP offered £17 million, almost three times more than the next highest bidder, thought to be Fortitudo (at £6.5 million) who wanted to demolish the structure and build three apartment towers.[9]
BCP have not stated their intentions for the site but might turn it into a headquarters office, to replace their existing facility at Bournemouth Town Hall.[9] Spare office space might be let to businesses or serve as business incubation space; it is possible that the 1,100 space car park might be used as a park and ride facility.[9][10]
Before finalising its offer, the council is undertaking a £195,000 due diligence process, to include structural surveys and an assessment of demolition costs.[10] Demolition might be problematic as the structure has housed peregrine falcon nests.[11] The BCP bid came as a surprise to most local councillors. Opposition councillors have queried the financial security of any renovation plan, which would need to be funded by borrowing.[9]
References
- ^ "Council WILL push on with Barclays House - despite dire financial warnings". Bournemouth Echo. Retrieved 2022-09-03.
- ^ "The headquarter offices for Barclays International in Poole, viewed during construction from the east (JLP01/09/740797) Archive Item - John Laing Photographic Collection". Historic England. Retrieved 9 August 2022.
- ^ a b c "Rotten Boroughs:Regeneration Game". Private Eye. No. 1577. 15 July 2022. p. 17.
- ^ a b c "Barclays to move out of landmark Poole town centre building". BBC News. 27 January 2022. Retrieved 9 August 2022.
- ^ The Banker. Financial News Limited. July 1977. p. 110.
- ^ Achievement. World Trade Magazines Limited. 1977. p. 39.
- ^ "Barclays to spend millions refurbishing iconic Poole building". Bournemouth Echo. Retrieved 2022-09-01.
- ^ "Eagle takes flight: Bank removes bird logo from Barclays House in Poole". Bournemouth Echo. Retrieved 2022-10-28.
- ^ a b c d Martin, Andy (8 June 2022). "How much the council bid for Barclays building in Poole - and what happens now". Bournemouth Echo. Retrieved 9 August 2022.
- ^ a b Martin, Andy (12 July 2022). "How could Barclays House site be used? Council to spend £195k to investigate". Bournemouth Echo.
- ^ Williets, Ben (16 April 2022). "Peregrines at Barclays House need "managing carefully" in light of demolition application". Bournemouth Echo. Retrieved 9 August 2022.