Hale House in the heart of central London will become a leading location for HealthTech start-ups, investors, and venture capital firms

The Howard de Walden Estate announces the launch of Hale House, its first flagship buildings for HealthTech, in partnership with Spacemade.

The Howard de Walden Estate (HdWE) has announced a £52m investment in flagship buildings for health innovation and discovery, centered on Hale House in central London.
Hale House will be delivered in partnership with Spacemade, the UK’s fastest-growing flexible workspace operator.

Initially comprising three buildings, with a total of floorspace of 38,000sq ft, HdWE aims for Portland Place to emerge as a leading London location for HealthTech start-ups, investors, and venture capital firms.

HdWE has committed in excess of £52m to the project across the three initial buildings, including the substantial reconfiguration of each, transforming the spaces to appeal to occupiers in the HealthTech industry.

The launch of Hale House, and the associated space for HealthTech, reflects HdWE’s ongoing commitment to invest and grow its portfolio.

HdWE has also announced that UCLPartners will be the anchor occupier at Hale House, situated on the first floor at 76-78 Portland Place.

UCLPartners is one of the UK’s leading health innovation partnerships, at the forefront of transforming healthcare through collaboration, and patient-focused innovations.
It also oversees delivery of the NHS Innovation Accelerator, which catalyses growth of small enterprise across the NHS.

The building has been funded by the Howard de Walden Estate in partnership with Spacemade

Located within the Harley Street Health District (HSHD), which is managed by HdWE and has been London’s leading cluster for healthcare since 1860, the announcement marks an evolution in HdWE’s approach to healthcare, as it seeks to offer a wider spectrum of ‘whole health services’ encompassing specialist hospitals, outpatient clinics, and state-of-the-art healthcare facilities in preventative care and aftercare.

HdWE’s healthcare portfolio is its largest sector by income and value and HSHD is continuing to improve its buildings through refurbishments and redevelopments that meet occupiers’ operational requirements.

Mark Kildea, chief executive at The Howard de Walden Estate, said: “The relaunch of the Harley Street Health District marks a natural evolution in our approach to healthcare as we respond to changing patient needs and industry shifts.

“Our investment in Hale House, and the important signing of UCLPartners, is hugely complementary to this strategy and is a key step forward as we look to develop space for health innovation and affirm our commitment to the Harley Street Health District as London’s only cluster of ‘whole health’.”

Richard North, head of commercial lettings, added: “This is a hugely-exciting project to have been a part of, particularly as we reach this pivotal step in the evolution of our healthcare strategy.

“As part of Howard de Walden’s commitment to the highest standards in design, social impact, and sustainability, Hale House is targeting a BREEAM ‘Excellent’ sustainability rating, NABERS 4.5*, and Fitwel standards. It will also provide first-class amenity space for the community, including a large roof terrace, 90-person auditorium, café, conferencing and meeting rooms, a dry lab, gym, a podcast studio, and a content creation room.”

Commenting on its decision to take up residence at the newly-revamped site, Chris Laing, chief executive at UCLPartners, said: “I am very excited that we are establishing our new base in Hale House as an anchor occupier.

The development will connect the health technology and life science sectors with healthcare providers, patients, and the public, developing novel solutions that will define the healthcare of the future

“I have been very impressed with The Howard De Walden Estate’s ambitious vision to build a world-leading health innovation cluster in Marylebone and I’m delighted we are joining them on this journey.

“UCLPartners works across the health innovation development pipeline, supporting health and economic growth and our new base will help us connect the health technology and life science sectors with healthcare providers, patients, and the public, developing novel solutions that will define the healthcare of the future.”

And Jonny Rosenblatt, co-founder at Spacemade, added: “Our mission from the outset of this project has been to create the UK’s most-collaborative HealthTech cluster and develop a thriving ecosystem where startups, investors, and supporting services can come together to reshape the future of healthcare for the better.

“Industry specific spaces like the Hale House are the future of coworking and the broader office market.

“With space for over 600 members and facilities to enhance their working activity we want to unite the brightest minds in HealthTech under one roof.

“By fostering these meaningful connections we aim to accelerate innovation and ultimately improve the healthcare landscape.”