NuGen Properties

Time to revamp 20-year-old Foster building

10 Gresham Street, in need of refurbishment [Image: Google Streetview]

So short are the functional lifespans of modern buildings that Mace has been appointed to undertake a 15-month revamp of 10 Gresham Street.

10 Gresham Street in the Square Mile was designed by Foster & Partners in for Standard Life Investments and completed only in 2003.

New owner CBRE Investment Management has appointed Mace Interiors for a 145,000 sq ft refurbishment to get it up to BREEAM Outstanding and WELL Platinum ratings.

The building has been ‘reimagined’ by Gensler ‘to meet the needs of modern occupiers’. The work will see the addition of a 5,146 sq ft rooftop terrace compete with a 2,700 sq ft pavilion.

Construction is due to start this quarter, with completion forecast for the first quarter of 2025. The project team includes Thamesis as development manager, Knight Frank as project manager and Aecom as building services consultant.

CBRE IM director Matthew Barratt said: “This is an exciting opportunity to revitalise a high profile office building into a super prime office space. In the City of London currently, there’s increasing demand and limited supply of high-quality, highly sustainable office space focused on employee wellbeing. This refurbishment will reposition 10 Gresham Street to meet the demands and expectations of the modern-day occupier.”

Mace Interiors managing director Stewart Ward said:  “Finding sustainable solutions to meet the needs of the modern office occupier is a key issue for our industry and, as such, redevelopments are a core part of our offering.”

Gensler's 'reimagining' includes a roof garden
Gensler’s ‘reimagining’ includes a roof garden

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Dan Morten 18/01/22

Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Great firm to communicate with fast and good quality work.