The UCL School of Management is to further grow its presence at Canary Wharf, expanding to 150,000 square feet at the top of One Canada Square.
The School has agreed to lease two more floors on levels 46 and 47, increasing its floor space from 100,000 square feet, boosting its plans to enhance its student offer as a leading UK business school and further enabling it to enrol 1,000 more students by 2027.
UCL will now occupy six floors at its ‘campus in the clouds’ at the heart of one of London’s major business and lifestyle districts, where its premises currently feature a state-of-the-art lecture theatre, executive education suite, built-in video pods for global collaboration and event spaces for conferences and large events.
Professor Davide Ravasi, Director, UCL School of Management, said: “Our continued expansion at the heart of Canary Wharf demonstrates our draw for students and staff, strengthening our competitive edge in the sector. Our students benefit from the Wharf’s diverse neighbourhood, with direct access to industry connections and collaborations with businesses in the area.
“Growing our presence here reinforces our mission to lead the future of business and society through cutting edge research and education, and reinforces Canary Wharf’s position as a destination where education, innovation, ambition and business converge.”
Facilities offered on the two new floors will include a student social hub and outdoor terrace, student union facilities, cafeteria, study areas for groups and individuals, more large capacity teaching rooms, careers and student support services and another Bloomberg terminal suite. There will also be a central staircase connecting the top floors to allow for easy access and ease lift traffic, which has just opened to connect floors 49 and 50.
The addition of the new floors will allow the School to expand delivery of undergraduate and postgraduate teaching in finance, creativity and innovation, strategy, technology and operations management. The extra space will also allow for more research to take place on campus.
Dr Michael Spence, UCL President & Provost, said: “The UCL School of Management’s continued expansion in Canary Wharf further boosts its position as a leading global business school. The new, state-of-the-art facilities that will be on offer to our students will enable it to meet ever growing demand for quality business and executive education and compete on a worldwide stage.
“As we begin UCL’s bicentenary year, this further cements our commitment to providing world-leading teaching and research.”
John Mulqueen, Chief Investment Officer at Canary Wharf Group, said: “UCL School of Management’s continued growth highlights Canary Wharf’s focus on innovation, ambition and community. Through our regular networking events and initiatives, including at Level39, we bring people together to support growth, continuous learning and build communities.
“The new space at One Canada Square enables UCL to further extend their courses with students benefitting from access to global organisations and events as well as the mix of retail, leisure, hospitality and open spaces here on the Wharf.”
The UCL School of Management currently leases floors 38, 48, 49 and 50 in One Canada Square. Its distinctive approach to business education includes undergraduate, postgraduate, executive and PhD programmes focusing on innovation, technology, analytics and entrepreneurship.
Its programmes, taught by world-class academics, aim to prepare students for leadership roles in the next generation of tech-intensive organisations and new ventures, as well as in finance and consulting firms. They incorporate learning activities and industrial experiences that will help develop commercial competencies, organisational management skills and a high level of creativity.
The School was founded in 2015 and has premises in Canary Wharf and Bloomsbury. This expansion forms part of UCL’s Estates Vision and Strategy, which is transforming our campuses into inspiring, sustainable environments. Designed and delivered in partnership with UCL Estates, whose expertise ensures that every space reflects UCL’s commitment to innovation, inclusivity, and sustainability, creating spaces that enable world-leading teaching and research. By shaping vibrant, connected environments, Estates ensures every investment supports UCL’s mission of excellence and long-term success.
