Developer hoping to start work on job at 108 Old Broad Street next spring
A plan to upgrade a 1990s office in the Square Mile has been given the green light by the City of London.
Pinners Hall at 108 Old Borad Street was originally built in 1993 for the British Bankers Associated and designed by Fitzroy Robinson on the site of the 19th century hall of the Pinners.
But in a planning application sent in spring this year by applicant and site owner, Singapore-based Far East Broad Street (UK), the building, which is currently empty, is described as having “main plant systems at end of life [while] many of the interior design features are dated”.
Under architect Stiff & Trevillion’s plan, the building, which contains six upper floors, a ground floor and lower ground floor, will be given an extensive makeover that will see 15% more net lettable area, bringing the building to approximately 120,000sq ft.
Work will include refurbishing the reception, cores ad offices and adding rooftop function space as well as landscaped communal terraces.
The scheme, opposite the City office of banking giant Lloyds, is next door to 75 London Wall, the former home of Deutsche Bank, which is set to be upgraded by Multiplex and over the road from 55 Old Broad Street, a Landsec project due to be built by Skanska but which has been on hold.
Development manager on 108 Old Broad Street is German firm Patrizia while others on the scheme include project manager Quartz, cost consultant Gardiner & Theobald, structural engineer Civic, M&E engineer GDM and landscape architect Studio GB.
Patrizia head of UK investment Ker Gilchrist said: “We anticipate that our thoughtful design coupled with delivery certainty should be highly attractive to the occupier community.”
The building has been stripped out with Patrizia hoping that work on the scheme will start by spring next year ahead of a finish the following summer. No contractor has yet been appointed.
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