When Bidvest Financial Services decided to centralise its Braamfontein head office and satellite operations in the iconic Bidvest Bank Towers at 1 Park Lane, in Sandton, it turned to leading interior architecture company Paragon Interface to design, space-plan, and oversee the fit-out. The Paragon Group was also responsible for the base-build architecture.
The main driver behind the move to the new building was to consolidate all of Bidvest’s financial service divisions in a single location. These consist of Bidvest Bank, Bidvest Insurance, Compendium Insurance Brokers, Cannon Asset Management, Bidvest Merchant Services, Bidvest Wealth & Employee Benefits, and FMI.
“The brief was to create an efficient open-plan environment that connected all of these business units together. The office interior was designed to promote collaboration between the different businesses,” Paragon Interface Associate Kirsty Schoombie explains. This is also in line with the latest trend for agile or shared workspaces.
A central collaboration and coffee area is located on each floor, which is connected vertically by a communication stairway. Each floor offers different types of meeting spaces and work settings to encourage people to move between the floors, depending on the type of setting required.
The reception floor accommodates a three-storey atrium that houses the reception, client suite, staff restaurant, and the Bidvest Training Academy. The reception floor and fourth floors lead out onto landscaped roof gardens.
Paragon Interface managed to extend the Bidvest Financial Services corporate identity throughout the four floors by focusing on a corporate colour for each floor, drawn from the entity’s secondary colour palette of teal, yellow, and oranges.
Located within the new Katherine Street mixed-use precinct, 1 Park Lane, which has a Gross Lettable Area (GLA) of 21 000 m2, is a P-grade development within walking distance of Sandton City and the Sandton Gautrain Station.
It offers seven levels of parking and a ground floor, with Bidvest Financial Services occupying the building from reception to L4. Peregrine Holdings and Citadel occupy L5 to L10, consisting of Peregrine Capital, Citadel Wealth Management, Legae-Peresec, and A2X.
A prominent landmark within Sandton, 1 Park Lane offers expansive views, and is destined to become a new landmark in the area. Features include excellent efficiency ratios, highly flexible office space, north and south terraces on all floors, energy-efficient air-conditioning, LED lighting in all office areas, electronic access control and a building management system, 24-hour active guarding and security cameras, and a back-up power supply.