Tuesday, 26 March 2019

Invesco wants multi-storey car park for growing staff

Invesco wants multi-storey car park for growing staff

A MULTI-STOREY car park could be built within the grounds of Invesco’s headquarters in Henley.

The investment company has drawn up plans to add two decks on a section of parking area at Perpetual Park, off Reading Road.

This would increase the number of spaces there from 93 to 181.

Henley is Invesco’s European head office and the company says that staff numbers are expected to go up.

There are currently 378 spaces available on the whole site for visitors, contractors and staff that live outside a one-mile radius of the office.

Last year the parking area recorded its highest average usage ever and following recent acquisitions, team mergers and a reduction of floor space at the company’s London Wall office demand is set to increase.

The application submitted to South Oxfordshire District Council says: “The key ambition of the scheme is to enhance an existing car park… by increasing its capacity, efficiency and appeal while having as little impact as possible to the surrounding natural landscape.”

It says the “much-improved” car park would also help alleviate both the one-way system at the site and the overflow parking at the Henley station car park.

In June 2015, Invesco leased 20 spaces at the station car park from Apcoa.

This number was increased to 35 in June 2016 when demand increased. However, there are now plans to build a 100-bedroom hotel in part of the station car park, resulting in the permanent loss of 61 of the 249 spaces and a temporary loss of 50 during the construction period.

These spaces are used by staff at local businesses as well as rail passengers.

Network Rail, which has not yet submitted a planning application, says the new car park should be completed in September 2020.

The Perpetual Park development would mean a number of trees have to be removed.

The car park’s facade would be covered in powder-coated aluminium panels with colours that allowed it to sit “discreetly” among the canopy of trees.

The district council will make the final decision on Invesco’s application by May 14.

More News:

Latest video from

VIDEO: Tributes paid after rugby player's death

POLL: Have your say