VolkerFitzpatrick awarded work to extend City of London office

VolkerFitzpatrick has been awarded a £24m contract to redevelop an impressive office and retail building in the City of London.

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Built in the 1990s, 24 King William Street is opposite Monument tube station and features seven storeys of offices and retail at ground level.

Work undertaken by the specialist building division of VolkerFitzpatrick will see the existing building stripped back to frame for structural strengthening works before extending the floor space, adding two new floors and refurbishing the interior. The Façade will be replaced with a bespoke unitised curtain walling system clad in natural stone. The project will begin in January 2016 and is expected to be complete by summer 2017.

James Ashley, VolkerFitzpatrick project manager said: “We are delighted to be working with Beltane Asset Management on this exciting and impressive building.

“VolkerFitzpatrick has a long history of working in the capital and we have already started engaging with local stakeholders to ensure they understand the planned works.

“This will continue throughout the project to maintain a positive and safe environment and keep disruption to a minimum“.

Beltane co-founder Duncan Roe said: “Site works have begun and we are confident of this building’s success given the shortage of quality space coming to the market in the City. The pivotal location means the building will be attractive for both financial and insurance occupiers but also more creative corporate occupiers attracted by its close location to the South Bank. We look forward to working with VolkerFitzpatrick.”

The project will see raised access floors and suspended ceilings installed as part of e a category A fit out. Work will also see a double height reception and extended retail units constructed on the ground floor of the building.