Mace Construct Signs for the Next Leadenhall Tower: An Ambitious Commercial Development in the City of London

Mace has been appointed to deliver a transformative urban project - the 85 Gracechurch Street development, a 30-storey commercial tower strategically situated adjacent to the historic Leadenhall Market in the City of London. Developed by Hertshten Properties and designed by Woods Bagot, this undertaking stands to redefine the landscape of the area, combining cutting-edge design with sustainable construction practices. Aiming for BREEAM Outstanding certification, this project melds the demands of modern office space with the rich heritage that is intrinsic to the City of London.

Historic Leadenhall Market in London

A Pioneering Commercial Development

The 85 Gracechurch Street project aims to provide approximately 235,000 sq ft of premium office space, making it an attractive option for businesses seeking a prestigious address in the City of London. With recent trends indicating a renewed demand for office space that prioritises wellness and environmental sustainability, Mace's approach is particularly timely. By incorporating features such as a 270-degree terrace and dedicated event space, the tower promises to offer more than just work environments; it intends to enhance the overall tenant experience.

The commercial development will also include innovative mechanical systems, natural ventilation solutions, and extensive urban greening initiatives. These aspects not only align with the growing demand for sustainable construction but also cater to the increasing expectations of employees and clients alike for healthier workplace environments.

Gracechurch Street Project Development

Commitment to Sustainable Construction

A focal point of the project is its all-electric energy strategy. In an era where corporate responsibility and sustainability are paramount, Mace's commitment to sustainable construction practices sets a new industry benchmark. By aiming for BREEAM Outstanding certification, the project exemplifies the best in sustainable building practices, integrating advanced technologies that significantly reduce carbon emissions and energy consumption.

The project will utilise a variety of energy-efficient systems that enhance building performance while minimising environmental impact. For instance, the inclusion of advanced mechanical systems enables optimal energy efficiency and user comfort, reducing reliance on fossil fuels and promoting renewable energy sources. This focus is increasingly relevant, particularly for businesses looking to enhance their corporate social responsibility profiles.

Heritage Integration: A Linked Legacy

One of the most distinguished features of the 85 Gracechurch Street project is its integration of heritage elements, notably the preservation and display of the remains of London’s first Roman Basilica. Mace’s attentiveness to historical context not only enriches the architectural narrative of the office tower but also reflects a broader trend towards heritage integration in urban construction projects.

The project exemplifies how modern developments can sensitively coexist with historical sites. By displaying the archaeological remains in situ, the design fosters a dialogue between past and present, giving tenants and visitors a deeper appreciation of the rich history that underpins the City of London. This approach not only preserves historical artefacts but also reinforces the cultural identity of the area, attracting interest and foot traffic that benefits local businesses.

Historical architecture near Gracechurch development

Current Project Status and Future Outlook

Currently, the 85 Gracechurch Street development is in the Pre-Construction Services Agreement (PCSA) phase. This crucial stage involves refining project specifications and collaborating with consultants to ensure all elements meet the rigorous standards expected in premium office spaces.

Completion is anticipated in 2030, which aligns with broader strategies focused on long-term urban planning and development within the City of London. As we witness shifts in commercial real estate, the emphasis is on flexibility and employee-centric amenities. The design by Woods Bagot reflects this understanding, aligning not just with aesthetic principles but also with functional needs of modern work environments.

The project is a beacon of opportunity for investors, contractors, and businesses alike. For contractors, it opens up a pathway to engage with sustainable construction practices that align with future market demands. Investors will find reassurance in a development designed with comprehensive sustainability and heritage considerations at its core.

Setting a New Benchmark for Office Space

85 Gracechurch Street is poised to set a new standard in the realm of sustainable office spaces within the City of London. By combining state-of-the-art amenities with an acute sensitivity to urban context, Mace is not just constructing an office tower but is creating a dynamic community hub that encourages collaboration, wellness, and innovation.

The move towards greener buildings is accelerating, and this project reflects how the commercial real estate market is adapting to these trends. Developers are now compelled to blend sustainability with functionality, ensuring that the spaces they create not only meet ecological standards but also foster well-being and productivity.

As the City of London continues to evolve, the integration of modern architecture with historical elements stands at the forefront of urban development. The meticulous design and planning processes inherent in this project will serve as a blueprint for future commercial developments in tightly knit historical districts across major cities.

In summary, the 85 Gracechurch Street project is more than just another commercial development; it represents an innovative shift towards sustainability and heritage integration in the City of London. As Mace takes significant strides in the construction phase, stakeholders can look forward to witnessing the tangible benefits that this development will bring to the business landscape.

This ambitious project marks a significant milestone in the pursuit of BREEAM Outstanding standards and cultivates a habitat for modern businesses that are committed to sustainability and historical responsibility. Addressing both the present and future needs of the workforce, 85 Gracechurch Street stands to reshape the office environment for generations to come.