The Weekly Wrap
The Minster Building
The new Ivanhoe Cambridge
development, The Minster Building, is being formerly launched this week,
following an extensive refurbishment and a multitude of pre-lets. Of the
230,000 sq ft of office accommodation, only roughly half remains. Whilst we
obviously take a strong interest in this activity from a professional
standpoint, the proximity of the building to our own office on Eastcheap means
we also have one eye on the new retail offerings.
The building has secured two
prestigious tenants for its retail units – and they couldn’t be more disparate…
Brewdog has selected the location
for its first brewpub. The Scottish craft brewer, which is currently raising
money in its fifth round of equity crowdfunding, has announced that it is
opening a new bar on the ground floor of the Minster Building, at the corner of
Great Tower Street and Mark Lane.
The bar will be sticking to its
roots in containing a 10 hectolitre brewing facility, meaning some of the beers
will be freshly made in the City.
The site will be Brewdog’s first
foray into the City core, adding to existing bars in both Clerkenwell and
On the other end of the spectrum,
Third Space, the premier luxury health club brand, are opening a substantial
facility on the lower ground floor.
The club will provide state of
the art facilities including everything from spin studios and a purpose built
dojo to a 20 metre pool and health food catering.
Applications for founder
memberships are now open, offering significant discounts on both memberships
and personal training sessions, as well as the use of all other Third Space
clubs until 2020.
Brewdog and Third Space are
scheduled to open their doors in April and June of this year, respectively. NP
are equally excited to welcome them both to EC3 (albeit for very different
Portsoken House Launch
week saw in the highly anticipated launch of the newly refurbished Portsoken
House, EC3 (www.portsokenhouse.co.uk)
The doors were open to all City agents from 7.30am and by 9am we had welcomed
in over 100 agents. The Newton Perkins home team ensured all agents received
tours of the newly refurbished 2nd and 8th office floors
(which total 5,146 sq ft and 3,260 sq ft respectively) as well as highlighting
the new and remodelled reception area and also the new bicycle store and shower
facilities within the basement of the building.
The building is owned by
McKay Securities PLC and over the last 12 months it has been
transformed into a contemporary and highly specified office building. Both
available floors now benefit from new VRF air conditioning, new LED lighting,
underfloor trunking and new bespoke architecturally designed ceilings.
flexible leases are available direct from McKay Securities so for more
information or to view please get in touch with either Jon, Ali or Harry.
thanks to Delicious Dishes, Bean About Town and Helix Property Mgmt for making the launch run so smoothly.
City Corporation plans North bank regeneration
According to a recent report, the City of London
Corporation intends to commence consultation with potential partners and
private investors to discuss the possibility of undertaking a major
The City is planning a mixed-use regeneration of the City’s
north bank Thames area; this is intended to include the Custom House and the
site that formerly housed Old Billingsgate market.
Christopher Hayward, Chairman of the City of London
Corporation’s Planning and Transportation committee said that the proposals
would form part of a master plan for regeneration of the area.
The development of the South bank of the Thames is thought
to be the inspiration for this project; the north side has long lagged behind
and the opportunity for redevelopment will be coming soon, as HMRC is due to
vacate the aforementioned Customs House in 2020.
Improvements to air quality and the environment will also
form part of the plans; along with refurbished riverside sites and improved
pedestrian access along Lower Thames Street.
Hayward is quoted as saying: “We would look to introduce a mix of
development stretching from the Sugar Quay site to the Tower of London that
included retail and leisure, offices and hotels.”
View All Articles