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Mace Appointed to New Bridge Street Office Retrofit

Mace Appointed to New Bridge Street Office Retrofit
31 May 2024
 

Developer Helical has appointed Mace as the main contractor on the soon-to-be-revamped 100 New Bridge Street.

Helical acquired the property in March 2022 and planning permission for a Grade A office development followed in June 2023. The redevelopment is part of a joint venture with a vehicle led by Orion Capital Managers.

The existing 1990s building will be renovated to create 194,000 sqft of modern Grade A office space, 3,592 sqft of retail spaces and a 4,000 sqft terrace providing views across central London. Three facades will also be reclad to increase the thermal performance of the building.

In terms of retrofit, the project will retain 91 per cent of the reinforced concrete lift cores and 85 per cent of the reinforced concrete walls.

The project is targeting BREEAM Outstanding and Well Platinum certification and is due to complete in Q1 2026.

Ged Simmonds, Managing Director of Private Sector at Mace, said: “We are pleased to be partnering with Helical once again on another highly sustainable best-in-class office space at the heart of the City of London. Not only will this development be net zero carbon in construction and operation, but by retaining the existing structure and reusing existing materials, this scheme is leading the way in circularity.”

Gerald Kaye, CEO of Helical plc, added:  “We are delighted to be working with Mace to redevelop 100 New Bridge Street to create a best-in-class, carbon friendly office in a prime location in the City of London. This development will help meet the growing demand we are seeing for prime office spaces with the highest sustainability credentials.

Picture: a CGI of the exterior of the new building Image Credit: Mace

Article written by Ella Tansley | Published 31 May 2024

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