Optimising market conditions to build urban amenities



This was one of the few commercial developments to take place in London during the downturn in market conditions.

RLB cost managed the scheme throughout the design development and tender stages for all three contracts of demolition, enabling works and main works.
As quantity surveyor, RLB optimised the conditions to make the scheme viable to proceed in challenging times.
The scheme provides new modern accommodation comprising 55,000t2 of office accommodation together with 10,000t2 of retail space fronting on to Baker Street.
The site occupies a prime location in the West End and provides new modern accommodation on Baker Street.
It includes 5,109m2 of office space and 929m2 of retail space fronting Baker Street.
Two mirrored residential blocks, totalling 2,972m2 in 22 apartments, include a basement car park and enclosed ground floor courtyard.
By incorporating CHP and borehole sourced groundwater heating /cooling, it achieved a BREEAM ‘Excellent’ rating.
The scheme’s success can be seen by the fact that it was fully occupied shortly after completion.

At a glance

  • Client
    Ahli United Bank
  • Services
    Commercial Success, Cost Planning and Cost Modelling
  • sector
    Mixed Use, Commercial
  • Location
    London, United Kingdom