The Sugar Building
Amsprop 5 Cheapside, London- Project Management
- Cost Management
- Contract Administration
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Aim
To refurbish the existing property, maximising the net-internal-area and return it to market with the option to let the property as soon as possible
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Action
On appointment we revised the incumbent design team and developed further opportunities within the existing building envelope.
We offered further options to efficiently re-clad the building, thus reducing the cladding thickness and increasing the net-internal-area by 20% and significantly increasing the asset value
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Outcome
The project was delivered to a high quality and achieved record pre-lettings. Shortly after completion the asset achieved a record sale, meeting the client’s brief on all fronts
Upon appointment, TowerEight undertook a full feasibility exercise on the development and aligned the potential opportunities with the client goals.
Having worked with Amsprop for five years, we felt confident in recommending an alternative approach which has reaped significant benefits for the client as reported within the wider market and has repaid the trust shown by Amsprop in their support of our business.
The relationship continues to go from strength to strength and we are supporting Amsprop on other complex schemes such as Alderman’s House in Bishopsgate.
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