25-32 Chancery Lane for Harrowwood Assets Limited, worth £37.5 million, will be a brand new 8 storey commercial building including lower ground floor level with retail units fronting on to Chancery Lane. The Chancery Lane façade will be retained and restored as part of the redevelopment whilst other new elevations will be clad in specialist glazing and feature terracotta.
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The second awarded project, 1 King William Street, valued at £28 million based near Bank Station for UD Europe Limited, a wholly-owned of NTT Urban Development Corporation, is the former home to Rothchilds who have now vacated and moved into their new signature International office beside the site. The 1997 extension, behind a 1920's Grade II listed building, will be 50% demolished from roof level to ground floor, leaving just a core structure. This will then be replaced with a new primary structure, which when finished, will be clad in an impressive handmade brick.
(CD/MH)
