Winner on 140 Aldersgate scheme expected in September
Four firms are set to receive tenders by the end of this month for JP Morgan’s £60m plan to refurbish and extend an office building near the Barbican.
The nine-storey office building at 140 Aldersgate was completed in 2005 and designed by Sidell Gibson Architects.
But the block needs updating and JP Morgan’s asset management business is leading the redevelopment, appointing architect Gensler to the job whose proposals will retain the structure of the building, extend its top two storeys, overhaul its facades and upgrade its thermal performance.
Plans were sent into the City of London last month and Building understands Wates, Kier, McLaren and Bowmer & Kirkland are all set to price the job ahead of a winner being chosen in September.
The project team includes Turner & Townsend as project manager, sister firm T&T Alinea on costs, DP9 on planning, Buro Happold on structures, Gardiner & Theobald as principal designer, Arup on facades, Sweco on MEP and Gustafson Porter + Bowman as landscape architect.
The job is likely to finish towards the end of 2028 with existing tenants due to move out in the first quarter of next year.
Meanwhile, a winner for JP Morgan’s £500m redevelopment of One Spitalfields, built in 2005, is set to be announced next week. Bids were sent back by Bovis, Mace and Multiplex last month.
JP Morgan is billing the scheme as a refurbishment with some new build. Plans by architect Foster & Partners, which drew up the 2005 scheme, will retain and extend the current office building to provide 870,000sq ft of office and retail space, along with 70,000sq ft of new terracing.
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