Mercers Walk,
London WC2
Development Management of complex central London mixed redevelopment
Overview
Development Manager for the redevelopment of a substantial site in Covent Garden. The site of redundant building stock is bounded by Mercers Street, Long Acre and Langley Street and was redeveloped to create a new vibrant mixed use scheme of high end retail and 24 private rental apartments surrounding a new piazza linked to main thoroughfares behind Long Acre. The redevelopment included the extensive refurbishment of a single prime Victorian warehouse building to create a flagship retail store.
Highlights
We inherited a design team, a scheme without planning consent and a project with key risks unresolved. These included rights of light matters and key constraints from adjoining owners. The retention and re-use of an existing building as a retail store was a major challenge.
Planning consent obtained, risks resolved and scheme completed ahead of programme and below budget. Renegotiated contract during construction to deliver part early to enable pre-let and early trading of flagship store
Scope
- Full DM service post planning to occupation
- Re-affirming the client brief, vacant possession management, enabling works, design, procurement, construction including tenant negotiations and fit out approvals
- Managing and maintaining complex stakeholder relations
A few statistics..
| Client: | The Mercers Company |
| Construction cost: | £23m |
| Duration: | 3 years post planning |
| Size: | 24 residential apartments of 32,000sqft 18,000sqft new retail space 25,000sqft converted and refurbished flagship retail |
| Features | Feature Attractors, Public Wall Art |