Frontier Economics to relocate to new London headquarters

Global economics consultancy Frontier Economics has announced it will be relocating its London headquarters to a new development in Shoreditch.

Frontier Economics hosts more than 350 staff in offices in London, Berlin, Brussels, Cologne, Dublin, Madrid, and Paris – while it also has sister companies of the same name in Singapore and Australia.

Due for completion in 2024, the new London headquarters of the top-tier economics consulting firm will provide space for further growth (33,000 square foot), while also practicing what the firm preaches on sustainability.

HB Reavis’ Worship Square development in Shoreditch is reportedly the international workspace provider’s “most sustainable project to date” and will be “fully net zero”.

Free of single-use plastic, the hub’s operational energy use will be reduced through air source heat pumps, creating efficient heating and cooling, smart modelling, and photovoltaic cells on the roof to provide onsite renewable energy. The building will also enable tenants to monitor live data, helping with ESG reporting and to continually encourage greater energy efficiency.

Marion Franke, Director of Facilities at Frontier Economics, remarked, “The transition to net zero is of major importance to many of our clients and is an issue that we are committed to.”

According to the firm’s website, recent examples of its sustainability track record includes working with Sustainability First to develop a framework that would enable policymakers to better consider the intergenerational effects of decarbonisation and climate adaptation measures; and helping the Federal Ministry of Transport and Digital Infrastructure in Germany to design a tender process encouraging private firms to roll out electric vehicle charging points.

“In addition to being a case of ‘practising what you preach,’ Worship Square offers our clients and staff a modern and innovative workspace, suitable for the next stage of our company’s growth,” Franke added.

Supporting Frontier Economics’ staff to make a difference with clients, Worship Square bills itself as “heightening the employee experience and allowing people to do more with their working day”.

Frontier Economics will also benefit from the building’s inhouse on demand workspaces, meeting rooms, event space (including a communal rooftop terrace) and auditorium, allowing the consultancy to book the appropriate type of space depending on their needs. At the same time, it also comes equipped with a multi-functional fitness studio, and staff are able to borrow a Brompton bike or access a personalised concierge service through the building app.

Hot on the heels

The news comes shortly after Frontier Economics announced it was also upgrading its office in its Irish wing. Frontier’s Dublin office was established in 2011, and its team there works with clients on projects central to Ireland’s economy, with expertise stretching from energy to communications, manufacturing to technology, and aviation to infrastructure.

A statement on the firm’s website noted, “We are excited to move into our new space, which will allow us to continue to grow not only our team in Dublin, but also the services we provide to our clients across Europe and further afield.”