Mace has been appointed by JP Morgan Asset Management to redevelop 65 Gresham Street, one of the largest office building reuse projects in the City of London. The project will transform the existing structure into over 36,800 square metres of Grade A office, retail and ancillary spaces.
Emphasising a reuse-first approach, the redevelopment aims to retain more than 70% of the building’s existing structure. Additionally, 95% of materials will be recycled or reused on-site, targeting a 66% reduction in whole-life carbon emissions. The building will operate fossil fuel-free during both construction and operation, incorporating air source heat pumps for heating, cooling, and hot water generation.
The plans include adding four new lightweight floors to the existing eight-storey structure. External terraces and inset balconies will provide outdoor spaces on every floor, while expanded entrances and relocated retail spaces aim to activate the streetscape. Extensive greening initiatives are also planned to enhance biodiversity, aiming for a net gain of over 100%.
Ged Simmonds, Managing Director of Private Sector at Mace Construct London, commented: “This ambitious retrofit project exemplifies Mace’s commitment to sustainable construction, showcasing innovative solutions that reduce environmental impact and set the standard for the next generation of sustainable offices. In the past five years, we’ve seen a growing trend in the City of London for sustainability-driven, reuse-focused office developments.”
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