Winner on Woolgate Exchange job due later this summer
Four firms are in the running for a £130m scheme to refurbish and extend the Woolgate Exchange in the City of London.
The plans for the nine-storey office building include a two-storey roof extension with a roof terrace on the north-west wing and a large new rooftop ‘pavilion’ with planters and seating.
The building at 25 Basinghall Street, opposite the Guildhall and between Moorgate and Bank underground stations, will also get a green facelift with curved balconies cantilevered from the existing structure and a portico created by the balconies above. The entrance will also include a double-height collonade.
Building understands Skanska, Mace, Sir Robert McAlpine and Multiplex have all worked up bids for the job with a winner due later this summer.
Stanhope was appointed two years ago to lead a revamp of the building for the applicant Woolgate Exchange Unit Trust.
Architect Stiff & Trevillion said the scheme will retain 98% of the existing building with “high embodied carbon retention through re-use of existing structure and building fabric” and an “aspiration to achieve net zero carbon in operation and in construction”.
Plans for the scheme were sent to City planners in the spring with others working on the job including Heyne Tillett Steel on structures, services consultant Sweco, project manager Third London Wall and QS Exigere.
Originally designed by Sidell Gibson and completed in 2000, Woolgate Exchange was developed by property investor MEPC in 2000 and leased to German bank West LB before being bought by Canadian investor Ivanhoe Cambridge in 2013 for a reported £265m. The building has been empty for the past year.
No comments yet