We were part of the award-winning team that delivered this 15,000 sqm office. The project was awarded the BCO Corporate Workplace Scotland award in 2020.
The expiration of their leases on two buildings brought Morgan Stanley the perfect opportunity to not only consolidate all of their staff into one building but to introduce significant workplace change. They wanted to transform their workplace into one that supported agile workstyles, encouraged collaboration, improved working environments, and was future proof. To realise this transformation they needed a space with room to accommodate 1500 staff, support spaces, and a staff restaurant and gym, which is exactly what they found in their new 15,000 sqm building in Glasgow’s city centre.
Following a competitive tender process, we were awarded the design and fit-out of their new space, working in partnership with the developer and architect teams as well as Morgan Stanley’s in-house design team to transform the space. Morgan Stanley recognise that staff are their key resource and as such, they put a high priority on supporting staff wellbeing. The key to this project’s success was improving the working environment and creating a space in which staff felt inspired to be.
While change within the business was inevitable over the duration of the project, Morgan Stanley wanted to get the fundamentals right for the design of the space. Staff surveys revealed satisfaction with the working environment had risen from 53% in their former offices to 91% in the new building.
Additionally, they commissioned a detailed Post Occupation Evaluation around six months after moving in, based on the industry standard Leesman Index. The POE recorded a Leesman Index of 81.4, putting it amongst the highest rated workspaces globally. Morgan Stanley are justifiably proud of what they have achieved, and the project is serving as a benchmark for future developments within their global estate.
It’s a very efficient space, it’s a great working environment and we will just see how all the functions work together. But I know, when each of our global functional heads come and see this working space, it certainly markets itself well for them to want to put more activities here.Clare Woodman, Head of EMEA for Morgan Stanley