ISG Wins £24 Million Thames Valley Office Project
July 05 2015 - 3:33PM
Business Wire
ISG has been awarded a complex £24 million office upgrade and
extension project at ‘The Bower’ at Stockley Park near Heathrow.
The company will transform the existing three-storey property into
one of the largest and most highly-specified new office
developments in the Thames Valley region.
Delivered by ISG’s Reading-based project team, the scheme
involves major structural alterations to reconfigure, modernise and
extend the 1980s era building, creating circa 137,000 sq ft of
Grade A, BREEAM Excellent rated office accommodation. In addition
to improving the aesthetics, thermal performance and efficiency of
the building, ISG will significantly extend the original footprint
through the construction of two new wings, adding 20,000 sq ft of
accommodation to the original property, providing the largest
single office floor-plate in the Thames Valley.
The scheme builds on the experience of ISG’s Reading office in
delivering challenging refurbishment schemes with significant
structural elements; a key trend in the Thames Valley office market
where demand for high-quality space continues to rise and much of
the existing asset base is outdated with an inefficient layout.
Due for completion in autumn 2016, the programme involves
removal of two internal stair cores and construction of five
external staircases as part of extensive changes to the internal
layout. The existing atrium will be demolished to be replaced by a
new spacious and contemporary atrium with a feature staircase and
high-specification reception area. ISG will also reinforce existing
columns and introduce additional structural beams to create
spacious open floor plates.
The existing façade will be removed and piled foundations
installed to support the new three-storey steel frame extensions to
the front of the building. The façade will be re-instated and
features extensive areas of glazing and high performance cladding -
updating the building’s appearance and contributing to the office’s
impressive environmental credentials.
As part of the project, ISG will comprehensively upgrade and
modernise the office’s mechanical and electrical infrastructure,
installing new highly-efficient building services and roof-mounted
photovoltaic cells to generate emission-free electricity.
Graeme White, ISG’s divisional director, commented: “There has
been a surge in demand for property in the Thames Valley from both
occupiers and investors over the past year and high-quality office
accommodation remains in short supply.
“As greater numbers of tenants continue to take administrative
functions outside of central London, that demand is set to grow.
Meanwhile, the Thames Valley has caught the eye of new entrants to
the investment market, demonstrating a truly global appeal, which
has been boosted still further by proposed infrastructure
investment.
"The result is a surge of activity aimed at both upgrading
existing office space and delivering structural refurbishments that
can increase the volume of lettable accommodation. We are ideally
placed to take an increasing share of this burgeoning market with
our unrivalled insight into the Thames Valley office market, strong
regional supply chain partnerships and credentials as the UK’s
largest fit out contractor.”
ISG Plc is an international construction services company
delivering Fit Out, Construction, Engineering Services and
Specialist Solutions, operating in 28 countries worldwide. The
company works with owners, developers and occupiers in the public
and private sector for an extensive range of industries. ISG Plc
was established in 1989 and has been quoted on AIM since 1998.
Today the company has a turnover of around £1.5 billion.
For further information about ISG please visit our website
www.isgplc.com
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ISGNick Hann, 07970 275251nick.hann@isgplc.com