Faryners House scheme drawn up by Fletcher Priest and due to finish by spring 2029

Work on an £85m plan to redevelop a 1970s office block on the site where the Great Fire of London started has moved a step closer after John F Hunt won the demolition and enabling works contract.

Building understands the firm was appointed earlier this month to the job at 25 Monument Street called Faryners House.

Hunt beat Erith, Morrisroe and Deconstruct for the work which is due to get going in the next few weeks.

Faryners House 1

CGI of the scheme with the Monument in the background

The Faryners House job has been drawn up by Fletcher Priest with three firms now pricing the main contract.

Mace and McLaren are up against Morgan Sindall, whose Overbury brand is a familiar name on site hoardings around the Square Mile, for the deal, with a winner expected later this year.

The 10-storey scheme, which was given full planning in April, is being developed by Monument Estates, which was set up by Aviva’s former head of development Neal Pickering.

Faryners House was named after Thomas Farriner, whose bakery on Pudding Lane was the starting point for the great fire in September 1666 that destroyed around 80% of the City.

Fletcher Priest said the scheme would enhance the setting of the adjacent column, built in the 1670s to commemorate the fire, and aim partly to re-establish the original piazza which surrounded the Monument.

25 monument

How the current building looks

The building will run across 97,000sq ft of office space over 10 upper floors, with several levels having external terraces. It will be cube-shaped, starting on Pudding Lane and stepping down towards the side of the building facing the Monument. Work is slated to finish by spring 2029.

Others working on the scheme include cost consultant Exigere and project manager Blackburn & Co. Structural engineer is London Structures Lab.