INDUSTRY NEWS

ISG secures contract to regenerate major London office building

Property refurbishment firm ISG is celebrating a major coup after it landed a £10.5 million contract to carry out extensive refurbishment work on a London office building.

It will take the two existing properties at Summit House, Westminster and unify them into one large building, on behalf of DF Real Estate. The new structure will provide a mix of offices and commercial space. ISG, at the same time, will attempt to bring a contemporary edge to the building, which it is hoped will boost the nearby streetscape.

As the two buildings were constructed during different time periods the task of combining them is likely to provide the company with a challenge. Both buildings will see their sixth floors demolished and a frame installed, covering their entire footprint; this will enable the overall floor space to be increased. The area that remains will form a section dedicated to a chairman’s suite.

ISG is looking to target a BREEAM (BRE Environmental Assessment Method) rating of ‘very good.’ In order to do this it has revealed that it will install building management controls, a CHP system (combined heat and power) and a green sedum roof.

Managing director at ISG London, Stuart Deverill, spoke with excitement after the company was awarded the contract.

He said: “ISG has again proved successful securing a complex office rationalisation project requiring extensive temporary works and undertaken in a busy location. This project closely follows our appointment on the City Tower scheme in Basinghall Street and our successful completion of the challenging £40 million No.1 Kingsway project in the West End, clearly demonstrating our pedigree and credentials in the commercial office sector.”

Work on the project is set to be completed by the end of next year (2013).

News bought to you from DeVono Cresa, the award-winning commercial property advisers, specialising in Central London office, retail and leisure space.

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