Sectors - Commercial

Low-Carbon Office Redevelopment Secured

ISG has been awarded a major project to redevelop Millennium Bridge House, known as One Millennium Bridge, by Beltane Asset Management and Angelo Gordon. ISG will transform the space into a low-carbon mixed-use scheme comprising new rejuvenated office, retail and public realm facilities.

The London office regeneration will see the full redevelopment of the five-storey building. This will include various extensions to pave the way for an additional sixth floor and rejuvenated rooftop. After its completion, the space will offer a publicly accessible terrace and restaurant, maximising greening and external amenity space with new views of the River Thames.

The scheme will also have a comprehensive programme of structural intervention and expansion works. This builds on ISG’s experience of delivering complex city centre redevelopments, incorporating existing and new elements to create enhanced spaces whilst also minimising carbon production.

Built to achieve BREEAM RFO 2014 (Excellent) and a 61% reduction in carbon emissions over baseline Building Regulations requirements, the project will harness Circular Economy and carbon reduction principles.

Steven McGee, Managing Director of ISG’s Construction South business, said: “One Millennium Bridge is a prime example of what can be gained from a forward-thinking approach to reusing and adapting a building for a low-carbon future.

“Beltane Asset Management’s vision will transform this dated 1980s structure into a thriving hub and super performing space. It demonstrates how the successful implementation of low-carbon solutions and principles not only achieve the increasingly important ESG criteria for the buildings of the future but also lead the way to London’s commercial property market of tomorrow.”

Keith Davies, Project Director at Buro Four, which has been selected as project manager for the redevelopment, commented: “This is a complex scheme in a challenging location, yet the team has been able to develop and start to deliver a truly engaging design which boasts a low-carbon philosophy at its core.

“It is important to see our industry respond to the challenges we face in terms of climate change, and it’s a privilege to work with such a forward-thinking client and team willing to implement innovative solutions and breathe new life into existing building stock.”

The construction will include demolition back to its structural frame, retaining approximately 60% of the building’s existing structure, and an all-timber feature kite roof instead of a more carbon-intensive steel frame. The energy-efficient approach to heat recovery and thermal storage also works to reduce the amount of rooftop plant required to service the building.

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