Farewell, Waterside!
It was announced by Sean Doyle to the employees the other day but now it's also on the Beeb: Waterside is being put on sale as BA firms up plans for "hybrid" work.
I have worked in WTS for most of my career in BA. For a while in Europe house, then Africa 1a with the FLY team, then over in Americas 2b, then finally in the "dungeons" of Asia. Like much of BA it was barebones, not exactly top-notch (my last desk had facilities stickers with the old Landor logo!) and there was a big divide between us lowly employees and the lofty heights of IAG's corporate office with its $12k coffee machine... but still. I've then worked in and around the Silicon Roundabout before ending up at the kitchen table where I'm typing this message but... Waterside remains my favourite. I wonder what will replace it. I mean, it was bound to go at some point (third runway and all), but what could replace it? Right now I understand that the operational departments are decanting in TBC 9th floor but even there it's a tight squeeze, especially if/when the learning academy resumes work. TBA has a lot of empty space, but also a lot of asbestos; cleaning that up would probably cost as much as putting WTS 2.0 in geostationary orbit. Maybe the no man's land where a hangar used to be, the one between TBC and Vanguard House, could be used to build something small for co-working, meetings and the Global Ops team. Also, I wonder who'll buy the building. I mean, who's going to see the Zoopla ad for a "1990s office building and parkland. Might need renovation. Slight rat infestation, angry Canada geese population throughout. Could end up flattened by Heathrow's bulldozers in the future" and click "Make offer"? Maybe HAL? British Airways to continue work-from-home plan after Covid |
That’s a shame, I always enjoyed visiting Waterside, it felt right for a global premium company, how things have changed!
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Maybe a sale then lease back to release cash value? Like what HSBC did with 8 Canada Square in 2008.
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This is such a shame. Back in a previous career, I worked for the facilities firm (FMS) who were dealing with the various moves from other BA offices into Waterside, and all the furniture moves and churn (from Dec 97-April 98) and was embedded on site in the building for that period (ostensibly as part of the BA Facilities team, even though i worked for an external company). I worked on converting all the Niels Torp drawings for the building and walked every inch of that place during my time there (including what was then Rod Ayling's impressive office) I am sure it has changed and aged over the years, but as a young 20-something living away from Glasgow for the first time, it was such an amazing and impressive building to me, and I loved my time there and have very fond memories of it. I know the world is changing, and the need for businesses to adapt to changing work patterns and staff expectations has been brought into more focus with the recent pandemic, but I will still look for it out the window when arriving or leaving from LHR and always associate it with BA.
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Interesting, and I suppose predictable for a number of reasons.
Now ... Google Earth shows Waterside clearly. Imagery date Apr 2020 indicated empty car parks! But where are the TBA and TBC to which you refer? ISTR either BBB or CIHY mentioning them a long while back ... are they something in that complex at the very eastern end of the airport? I assume "TB" is Technical Building? What happens there? Just curious, for a general perspective. |
TB stands for Technical Block (hangers) and as you correctly guessed they are in the complex at the eastern end of the airport.
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Originally Posted by T8191
(Post 33111648)
But where are the TBA and TBC to which you refer? ISTR either BBB or CIHY mentioning them a long while back ... are they something in that complex at the very eastern end of the airport? I assume "TB" is Technical Building? What happens there? Just curious, for a general perspective.
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TBC is the big building you can see from T5, has workshops at ground level, cabin crew simulators etc on top of that, six or so levels of car park and then two floors of offices on the top.
TBA is a complex of four former BOAC hangars, three of which have been extended and two of which can house the A380. The simulator hall is also in the middle of it in what used to be an area for overhauling engines and landing gear in the BOAC days. It was formerly BA’s HQ and has a great deal of abandoned office space. If you have stayed in the Hilton Garden Inn at Hatton Cross this is the building you look across at. |
Originally Posted by T8191
(Post 33111648)
Imagery date Apr 2020 indicated empty car parks!
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Originally Posted by T8191
(Post 33111648)
Interesting, and I suppose predictable for a number of reasons.
Now ... Google Earth shows Waterside clearly. Imagery date Apr 2020 indicated empty car parks! But where are the TBA and TBC to which you refer? ISTR either BBB or CIHY mentioning them a long while back ... are they something in that complex at the very eastern end of the airport? I assume "TB" is Technical Building? What happens there? Just curious, for a general perspective. With regards to WTS, do bear in mind that the staff car parks are all underground, so underneath the building itself. The two car parks outside are for visitors only. Right now I believe that WTS is either empty or at best the Global Ops team up in Europe 3B (or A?) are in. That's the only 24/7 part of the building if I'm not mistaken. Since I've got not much else to do here's a brief recap of BA's locations around the LHR Campus as I remember them. https://cimg2.ibsrv.net/gimg/www.fly...ab7c7923e6.jpg brief explanation for the most obscure ones:
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Waterside is essentially a collection of separate buildings joined down the middle by a street which is fully undercover, you can see it running down the middle on Google Earth. BA could effectively move in to half of the building and lease the rest to other companies, this may be cheaper than leaving completely and finding somewhere new. They would obviously have to share the car park, cafes and the street area with other people but then that's the case in the outside world anyway.
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Originally Posted by The Ginge
(Post 33111707)
Waterside is essentially a collection of separate buildings joined down the middle by a street which is fully undercover, you can see it running down the middle on Google Earth. BA could effectively move in to half of the building and lease the rest to other companies, this may be cheaper than leaving completely and finding somewhere new. They would obviously have to share the car park, cafes and the street area with other people but then that's the case in the outside world anyway.
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Originally Posted by SKRan
(Post 33111642)
Maybe a sale then lease back to release cash value? Like what HSBC did with 8 Canada Square in 2008.
If the compulsory purchase value is already agreed I imagine you could sell at a slight discount to that with upside if runway three never happens. |
Originally Posted by Raffles
(Post 33111816)
Even in the current frothy financial markets you’d have to be a bit dim to fund a sale and leaseback of a building about to be knocked down.
If the compulsory purchase value is already agreed I imagine you could sell at a slight discount to that with upside if runway three never happens. |
Originally Posted by 13901
(Post 33111612)
and there was a big divide between us lowly employees and the lofty heights of IAG's corporate office with its $12k coffee machine...
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