The redevelopment of 100 New Bridge Street marks a significant step forward in sustainable construction within the City of London.
- Mace has been appointed as the main contractor for a £100m project transforming the office block adjacent to City Thameslink station.
- The redevelopment involves extensive refurbishment and expansion, increasing the building’s size and modernising its facilities.
- Architect Gensler’s design focuses on circularity, aiming for high reuse and recycling rates of existing materials.
- The project highlights a joint venture between Helical and Orion Capital Managers, reflecting strategic investment in central London real estate.
The appointment of Mace as the main contractor for the £100m redevelopment of 100 New Bridge Street represents a significant progression in the transformation of the City of London’s office landscape. The project, strategically located next to the City Thameslink station, is expected to conclude in March 2026. This extensive redevelopment includes refurbishing the existing structure and adding two new floors, a move that will increase the net internal area from 167,000 square feet to 194,000 square feet.
The building, initially completed in 1992, has not undergone substantial refurbishment until now. Its prior occupancy by the law firm Baker McKenzie means this project is critical to modernising and extending the facility’s capabilities. It stands as one of seven significant construction projects revitalising the Fleet Street area, showcasing the dynamic evolution of this historic part of London.
A key feature of the redevelopment is architect Gensler’s innovative design, which revolves around the concept of circularity. The approach ambitiously targets the reuse, recovery, and recycling of 95% of construction waste – a step towards sustainable urban development. Remarkably, the redevelopment plans to retain 91% of the reinforced concrete lift cores and 85% of the reinforced concrete walls, highlighting an environmentally conscious initiative.
In the words of Mace’s managing director, Ged Simmonds, “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.” Such initiatives underscore the project’s alignment with contemporary sustainability goals within the construction industry.
The investment dynamics saw Helical selling a 50% stake in the development, forming a joint venture with a vehicle led by Orion Capital Managers. This strategic partnership and the accompanying £55m investment underscore a keen interest in the lucrative central London office market, promising exciting developments as the project progresses.
This redevelopment of 100 New Bridge Street embodies a significant investment in sustainable infrastructure and modern urban design.
