Euston Estate

The Lantern

Euston, NW1
The Lantern exterior The Lantern exterior
The Lantern

A landmark redefined: sustainable, award-winning workspace in the vibrant hub of Euston

The Lantern is a striking example of sustainable urban regeneration. In partnership with leading architect Marks Barfield, Lazari transformed the building into an award-winning BREEAM Excellent development at a cost of £96.35 million. The project delivers 181,764 sq ft NIA of premium office space, 17 apartments, and vibrant street-level retail units and cafés.

Estate

Euston, NW1

Type

OfficeResidentialRetail

Size

183,384 sq-ft

The Lantern exterior detail
The Lantern exterior view
The Lantern exterior detail
The Lantern exterior view

The building’s iconic geometric, full-height glazed façade has become a prominent landmark for Tottenham Court Road. Designed with WELL principles at its core, the interiors prioritise natural daylight, clean air, and acoustic comfort. The development integrates green spaces with stepped terraces, pocket gardens, and ‘forest floor’ planting to create a harmonious connection to nature.

Sustainability was integral to the redevelopment, with 30% of the original structure and basement retained, 98% of waste diverted from landfill, and an impressive embodied carbon rating of 512 kg/m² GIA. Launched to the market in February 2023, the development is already 95.57% let by rental value. Global tenants include Fujitsu, Siemens, Microsoft (Zenimax), Tripledot Studios, Bauer Media, UCLH NHS Foundation Trust, and Bupa.

The Lantern has been recognised for its innovative design and sustainability credentials, winning the BCO Regional Award 2023 for Best Commercial Workplace.

 

Awards

  • Best Commercial Workspace 2023 at the BCO (British Council for Offices) Awards.

 

Sustainability & Wellbeing

  • Facades designed to LETI climate emergency standards (60% solid, 40% glazed).
  • On-site renewable energy from solar water heating and PV panels.
  • 60% of waste heat reclaimed.
  • Filtration and treatment for optimal air and water quality.
  • Smart LED lighting and energy-saving heating and cooling systems.
  • Water storage through blue and green roofs.
  • 252 cycle spaces.
  • Embodied carbon rating of 512 kg/m² GIA.
  • Building design encourages socialising, collaboration, and activity.

 

Standards

  • BREEAM ‘Excellent’ rating.
  • EPC A rating.
  • WELL Certification.
The Lantern interior roof detail
The Lantern interior roof detail
The Lantern interior reception space
The Lantern staircase
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Baker Street

As of 31 March 2024, the Baker Street estate consists of seven buildings totalling 336,189 sq ft NIA, primarily comprising upper-floor office spaces, ground-floor retail units, and 13 residential apartments.

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Bloomsbury

The Bloomsbury estate comprises two buildings totalling 207,453 sq ft, including a recently completed office development and a landmark shopping centre.

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Euston

The Euston estate comprises a landmark building and a prominent new development, totaling 568,116 sq ft.

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Mayfair & St James's

This estate includes seven buildings with a total area of 508,549 sq ft. Highlights include the landmark redevelopment of the former Fenwick department store on New Bond Street. As of 31 March 2024, this estate represents 35.67% of Lazari’s total portfolio value.

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North London

The North London estate comprises 72 buildings totalling 360,000 sq ft, primarily retail (168,777 sq ft across 74 units), leisure (86,505 sq ft, including a 90-bedroom Premier Inn and three health clubs), and office spaces (104,011 sq ft). It also includes 81 residential apartments. The estate spans significant holdings across the London Boroughs of Camden, Haringey, Ealing, and Enfield.

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Oxford Street

The Oxford Street estate spans 158,159 sq ft of prime office and retail space across six buildings, occupying an entire block at 90-114 Oxford Street, between Newman Street and Berners Street. Located opposite the Elizabeth line Tottenham Court Road station entrance, it includes 38,291 sq ft of retail across ten shop and restaurant units, 109,491 sq ft of office space, and nine modern residential units accessed from Berners Street. A block date has been arranged for 2031, with a masterplan being developed for the site’s long-term redevelopment.

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Tottenham Court Road

The Tottenham Court Road estate comprises eight buildings totalling approximately 490,000 sq ft of commercial space, primarily office and retail accommodation, along with two health clubs.

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Wigmore Street

The Wigmore Street Estate comprises 371,953 sq ft across four properties, primarily office spaces, alongside a best-in-class medical facility and 15 residential units. The site includes CBRE’s EMEA head office at Henrietta House, a Grade II listed building at 27-37 Wigmore Street; Welbeck Partners’ medical facility at One Welbeck Street; and a Fora serviced office with retail frontage on Wigmore Street and Wimpole Street.

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We tried to keep whole-life carbon to a minimum... So, we kept as much of the existing building as possible and minimised the amount of waste going to landfill. We have a myriad of features to ensure the building uses very little energy, which means it has very low running costs as well.”
Julia Barfield, Marks Barfield
The Lantern floor space
The Lantern floor space
Lazari’s flexibility makes them the perfect landlord. Our move to The Lantern has given us a modern space that supports creativity and collaboration, keeping us at the forefront of media innovation.”
Chris Duncan, CEO of Bauer Media

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