Redevco Plans Refurbishment of Oxford Street Mixed-Use Building

Redevco to refurbish Oxford Street mixed-use building

Real estate firm Redevco is embarking on a refurbishment project for its mixed-use building located at 376-384 Oxford Street, aiming to create a space that operates with net zero carbon emissions.

Situated opposite Bond Street underground station, the building stands out as one of Oxford Street’s unique ‘island’ properties. Originally constructed in the 1950s, it has previously housed retailers such as C&A and, more recently, Gap. Currently, the fourth, fifth, and sixth floors are leased out as office space.

Under Redevco’s plans, the second and third floors will undergo conversion into office space, while retail areas will be retained on the basement, ground, and first floors. The new retail store will maintain its existing triple-height frontage, ensuring a prominent presence on Oxford Street.

The renovated offices will incorporate advanced features such as air quality sensors, technology-driven waste management systems, and a new building management system, all aligned with Net Zero targets. Redevco aims for a Well Platinum rating for all office floors in the building, demonstrating its commitment to sustainability.

Chris Baker, UK portfolio director for Redevco, expressed enthusiasm for the project, highlighting Oxford Street’s significance for such an investment. He emphasized the project’s role in revitalizing a building with a rich history spanning over 70 years. Collaboration with existing occupiers, neighbors, and local stakeholders has been integral to minimizing disruptions and maximizing positive impact on the West End area.

Faithdean has been appointed as the principal contractor, with TFT serving as the project manager.

The refurbishment project is expected to be completed by 2025, aligning with Redevco’s mission to create more livable and sustainable cities.

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