Retrofit and Repurposing (Short Version)

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Retrofit & Repurposing

www.iceniprojects.com

iceni-projects

iceniprojects

Commercial Retrofit & Repurposing

London’s commercial office sector is a fascinating sector to work in. Since the pandemic, there has been a marked shift in the way we work and the way in which our offices need to work to entice us back to our city centres.

We are seeing a flight to quality in amenity rich areas of London, with the supply for high end, Grade A office space unable to match burgeoning tenant demand. This places significant emphasis on landowners and developers to invest in the right way and in the right location.

This is all happening in a backdrop of the ambition for London to become a Net Zero Carbon City by 2030.

Savvy building owners, investment funds and developers are tackling this challenge with a strong desire to retrofit and repurpose existing buildings to improve their environmental credentials and performance. Tenants also demand this type of space, many of which having their own ambitious ESG policies dictating the quality of space they can use. Providers of development finance are also offering preferential deals for schemes that seek the highest environmental standards.

Government regulation is also driving this change, with the proposed Minimum Energy Efficiency Standard suggesting that it shall be a legal requirement for all commercial property to have an EPC rating of B by 2030 in order for new leases to be granted.

This will be no mean feat, with estimates suggesting that some areas of central London having up to 75% of existing office stock falling below an EPC B at present.

Council’s also have an obligation to work with the built environment industry to achieve these outcomes. The majority of central London authorities have now declared a ‘Climate Emergency’ and this is now manifesting in planning policies being updated to introduce a Retrofit First principle.

London’s historic environment also poses a challenge, with many of the areas in which investors and tenants wish to operate being within conservation areas. How do we achieve the net zero ambitions while protecting our rich heritage?

But what happens if it is not viable or feasible to retain existing commercial uses? We are now seeing a rise in repurposing and conversion schemes, including to residential uses through Permitted Development Rights and to hotel and serviced apartment uses thanks to a slow relaxing of ‘loss of office’ planning policies.

Iceni are at vanguard of all of these issues and are excited for what the years ahead have to offer.

Our Track Record

Iceni has been operating in Central London for over 15 years. We have experience working on over 700 x individual projects and helping retrofit, repurpose and reposition over 500 million sqft of commercial floorspace in the capital and beyond.

During this time, we have built strong relationships with local authorities and other key stakeholders where we have proved ourselves to be trusted advisors in the sector.

Our credibility, experience, and proactive approach means that we are well placed to be your strategic advisors to help you navigate the often challenging development approval process.

Retrofit and repurposing projects delivered since 2022

 CGI: 99 Charterhouse Street

CAMDEN
ISLINGTON
HACKNEY
TOWER HAMLETS
CITY OF LONDON
SOUTHWARK
LAMBETH
WESTMINISTER

214 Oxford Street

Location

City of Westminster

Client

Various

We have advised on the repositioning of this significant Oxford Street building for the best part of 10 years to deliver new retail, office, last mile, and leisure uses for Ikea, Arcadia, Nike, Miss Selfridge, Vans, and Topshop.

Museum Street

Location

London Borough of Camden

Client

Lab Tech

Demolition of the existing Travel Lodge hotel and multi-storey carpark and construction of a new 21 Storey tower comprising 35,000 sqm of new floorspace including office, residential and retail, along with refurbishment of listed building fronting Oxford Street.

Parklife

Location

London Borough of Wandsworth

Client

Feldberg Capital

Delivery of a 90,000 sqft commercial campus through a two storey roof extension, refurbishment of all existing floorspace, and a new F&B unit at ground and roof level.

99 Charterhouse Street

Location

London Borough of Islington

Client

Launcelot Investments

Delivery of 1,000sqm of new and refurbished best in class commercial office floorspace in the heart of Farringdon through rear and upward extensions.

Tower Bridge Court

Location

London Borough of Southwark

Client

Fore Jersey X Limited

Delivery of new and refurbished best in class commercial office floorspace through an upward extension.

Tabernacle Street

Location

London Borough of Hackney

Client

65 TS Ltd

Delivery of a new, purpose built 8 storey office development in the heart of Shoreditch.

Sackville House

Location

City of Westminster

Client

Art-Invest

Refurbishment and roof level extension of the Grade II listed Sackville House and associated townhouse.

St Giles Circus

London Borough of Camden

Client

Consolidated Developments

Comprehensive masterplan for the delivery of a ground breaking urban gallery at this prominent site on Tottenham Court Road.

Flitcroft House

Location

London Borough of Camden

Client

Estates and Agency

Delivery of new and refurbished commercial office floorspace through a two-storey roof extension.

The Eversholt

Location

London Borough of Camden

Client

Feldberg Capital

Phased refurbishment and repositioning of this 11,000 sq ft

Grade II listed building for ongoing commercial use.

141 Moorgate

Location

City of London

Client

Highbridge Estates

Comprehensive refurbishment of this Grade II listed building above Moorgate Station for ongoing office use.

34 Farringdon Lane

Location

London Borough of Islington

Client

Coros

trofit and refurbishment of this Grade II listed for ongoing office use.

Johnson Gardens

Location

London Borough of Camden

Client

Arax Properties

Delivery of new and refurbished best in class commercial office floorspace in the heart of Hatton Gardens.

Lonsdale Road

Location

London Borough of Brent

Client

Feldberg Capital

Public realm improvements and a bespoke Class E land use strategy for the circa 100 properties along Lonsdale Road in the heart of Queens Park.

St Mary Abchurch House

Location

City of London

Client

123 Cannon Street Limited

Change of use of this Grade II listed building from office to 30 x serviced apartments to secure its ongoing viable use.

Queensway Masterplan

City of Westminster

Client

GMS Estates

Comprehensive masterplan to optimise an existing urban block within Queensway to deliver new modern office floorspace, a new co-living development, along with public realm improvements.

Avalon House

Location

London Borough of Richmond

Client

Barings

Delivery of 1,000sqm of new and refurbished best in class commercial office floorspace in Richmond through rear and upward extensions.

Spaghetti House

Location

London Borough of Camden

Client

Brenda Fenton Estate

Delivery of new and refurbished best in class commercial office floorspace in the heart of Fitzrovia.

Former Foyles Bookshop – Iona Rose House

Location

City of Westminster

Client

Soho Estates

Provided advice and advocacy to Soho Estates in support of the scheme for the ambitious redevelopment of the former Foyles Site, known as Ilona Rose House.

Adelphi Building

Phased refurbishment and repositioning of this Grade II listed building.

Pontegadea

Lewis Westhoff Director, Planning

E: lwesthoff@iceniprojects.com

T: 07557 678 587

Archie Noden

Senior Planner, Planning

E: anoden@iceniprojects.com

T: 07909 532 161

Kieron Hodgson Director, Planning

E: khodgson@iceniprojects.com

T: 07807 264 704

Adam McConaghy Associate, Planning

E: amcconaghy@iceniprojects.com

T: 07552 857 603

Laurie Handcock Director, Heritage

E: lhandcock@iceniprojects.com

T: 07795 031 741

Amy Foster Senior Consultant, Economics

E: afoster@iceniprojects.com

T: 07385 005 045

Rebecca Mason Associate Director, Heritage

E: rmason@iceniprojects.com

T: 07776 530 771

Matt Bolshaw Senior Planner, Transport

E: mbolshaw@iceniprojects.com

T: 07990 380 284

Tim Fleming Associate, Planning

E: tfleming@iceniprojects.com

T: 07875 681 231

Archaeology | Built Heritage & Townscape | Design | Economics | Engagement | Impact Management

Landscape | Place | Planning | Transport

Birmingham: 20 Colmore Circus Queensway, Birmingham, B4 6AT

Edinburgh : 14 -18 Hill Street, Edinburgh, EH2 3JZ

Glasgow : 201 West George Street, Glasgow, G2 2LW

London : Da Vinci House, 44 Saffron Hill, London, EC1N 8FH

Manchester : WeWork, Dalton Place, 29 John Dalton Street, Manchester, M2 6FW www.iceniprojects.com | iceni-projects | iceniprojects

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