Office / Renovation / High-class boutique office / green surroundings – In development
Nuveen and G&S Vastgoed join forces to renovate the 1970s building into an innovative, prestigious boutique office in the middle of the Zuidas.
The Prinses Irene neighborhood in Amsterdam-South, built in the 1950s, is located the building on the Prinses Irenestraat 59, which was designed at the time by the Architectural firm: Le Grand & Selle. Together with surrounding buildings such as the Parnascomplex (1975) and the Atrium (1972), it is one of the oldest buildings on the Zuidas.
This is where PI59 has been a silent witness to the transformation into the thriving financial heart of Amsterdam. Now itself ready for a unique transformation into an outstanding 21st-century office building. PI59 combines understated minimalist elegance with the detailing and precision of true craftsmanship. While retaining the existing structure, the office, spread over six floors, has a size of approximately 17,500 m2. The building will have a completely new look, the new façade will mainly consist of large windows, with terrazzo inlaid with refined bronze accents. Because of its location in the peaceful green landscape, the connection with the surrounding area is significant.
PI59, the building at the Prinses Irenestraat 59, is located in the middle of the South axis, the business heart of Amsterdam, and within walking distance of Amsterdam-South station.
The characteristics of the building are the dimensions: with a length of 110 meters and a depth of 40 meters, an exceptional building is created. At first glance, it is not clearly visible how long the building is, this is because the facade is divided into staggered parts along this length. This ensures that the building fits well with the underlying residential neighborhood.
Over the years, various tenants have entered the building. The first tenant was accounting firm KPMG, followed by law firm Nautilh. Since then, the building has been leased to the Amsterdam International Community School. The upcoming renovation will prepare the building for a new phase in its life and offer the new tenant(s) an ideal future-proof workplace.
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By preserving the existing structure and using building materials with low CO ₂ emissions, PI59 is well ahead of the targets of the Paris Climate Agreement. The advanced energy generation system will also contribute to this.
With the implementation of the REDEFINE concept, a healthy, safe and productive working environment is created. The smart, redefined basic principles of architecture, technology and strategic use of space ensure that human wellbeing is central. PI59 will also have a BREEAM Excellent certificate. Good digital connectivity has become indispensable and so the building is targeting WiredScore certification upon completion. Nuveen Real Estate has a strong track record, having achieved WiredScore certifications across nearly 50 buildings in Europe, so far.
Together with Cityhold office Partnership (CHOP), a pan-European office venture managed by Nuveen Real Estate, we will tranform the office building at Prinses Irenestraat 59 into an innovative prestigious office villa. CHOP’s strategy is aimed at investing prime locations in buildings to which great value can be added through renovation or development. The building at Prinses Irenestraat 59 fits perfectly into this picture and will add a lot of value through this renovation, not only the building itself, but also the surroundings.