Hertshten Properties has selected Mace Construct to deliver the new 30-storey 85 Gracechurch Street next to Leadenhall Market in the City of London
The planned development at 85 Gracechurch Street has been designed by architect Woods Bagot and is aiming to achieve a BREEAM Outstanding rating, powered by electricity only and integrating energy efficient mechanical systems, natural ventilation and urban greening.
Following Mace’s successful tender, it has now entered pre-construction services agreement (PCSA) phase.
The development will replace a 1930s block within the Leadenhall conservation area
The archaelogical heritage of the site has already demanded planning revisions, with excavations revealing the remains of the first Roman Basilica in London. These remains will be displayed in situ, in a visitor attraction curated by the Museum of London.
The mixed-use development will feature approximately 235,000 sq ft of office space and event space with a 270-degree terrace.
85 Gracechurch Street is expected to complete in 2030
Mace Construct managing director Ged Simmonds said: “Building on our track record constructing market-leading commercial developments in London, 85 Gracechurch Street offers a unique opportunity to deliver a sustainable and forward-thinking office. Our focus now is on working closely with Hertshten Properties and the wider project team to deliver a building that responds to its historic context while meeting the needs of a modern, evolving city and its future occupiers.”
Ron Hertshten, CEO of Hertshten Properties UK also commented: “We are delighted to announce the appointment of Mace as the main contractor for 85 Gracechurch Street.
“85 Gracechurch will be a state-of-the-art office building, delivering approximately 235,000 square feet of premium office space alongside a host of extraordinary amenities. Designed to achieve market-leading environmental performance, the development will set a new benchmark for sustainable office space in the City of London.
“With its extensive track record in delivering complex, high-profile projects, Mace brings a wealth of experience and expertise to the table. We are confident that their leadership will be instrumental in realising our vision for this landmark scheme.
“At Hertshten Properties, we are excited to embark on this next phase of construction with Mace at the helm and look forward to delivering a building that will not only meet the needs of today’s occupiers but also contribute positively to the City for decades to come.”
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