Lego has announced plans to relocate its London headquarters from Farringdon to the prestigious 76 Southbank by 2027.
The Danish toy giant is set to take up 192,000 square feet over three-and-a-half floors in the riverside edifice, which was originally the brainchild of renowned brutalist architect Sir Denys Lasdun, as reported by .
Following a modernisation project led by Wolfe Asset Management and architects AHMM, the site adjacent to the National Theatre will accommodate as many as 1,500 employees.
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This development follows reports from City AM last month that Paypal had also decided to make the move to the same building.
Since establishing its London base in 2014, Lego's º£½ÇÊÓÆµ workforce has expanded nearly threefold, now boasting 1,100 staff across various departments including product development, digital, creative, and commercial sectors. Loren Shuster, Lego's Chief People Officer, praised the Southbank location as "the cultural heart of London" and expressed that the building's design and facilities would bolster Lego's commitment to "culture of collaboration, innovation, and play."
The move is also in line with Lego's sustainability goals, with 76 Southbank expected to run on renewable energy and feature rooftop solar panels.
As companies strive to draw employees back to the workplace and landlords face stricter environmental regulations, office spaces in London are increasingly focusing on sustainability and worker wellbeing.
The Southbank district has emerged as one of the city's most sought-after office hotspots, attracting significant occupants like Paypal, who confirmed their relocation at the end of the previous week.
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The nearby 72 Upper Ground, affectionately known as 'The Slab', is set for a revamp by Mitsubishi. The plan is to turn it into offices, retail spaces and an arts and culture hub, with doors opening in 2028.
The family-owned company is also broadening its horizons globally, with new centres in the pipeline for Boston and Copenhagen.
This is in addition to ongoing improvements at its existing headquarters in Billund, and a new manufacturing site being built in the US.
Lego's global workforce is over 31,000 strong.