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Kal Vaughan
Kal Vaughan
  • 1 Minute Read
  • 01st November 2012

Contractors set date for commencement of £9m Oxford Street redevelopment

CONTRACTOR Shepard’s Construction have secured a £9m contract to develop a retail property in London’s flag-ship shopping location, Oxford Street.

Due to commence in November 2012, the contract will see extensive development work take place on a retail property at 149-151 Oxford Street, as well as 59 Berwick Street which has been earmarked for conversion to retail, office and residential space.

The 64 week program will create 9,500ft of contemporary grade-A office space spread over three floors, which will be accessed via a secure gated courtyard off Berwick Street.

Shepherd Construction regional managing director Mark Tant said: “We’re delighted to have won these projects as they once again show our ability to deliver cost effective solutions within an incredibly competitive environment.

“It also further cements our reputation within the retail sector, particularly after the successful delivery of Trinity Walk shopping centre in Wakefield, a project that Shepherd not only helped restart after it went into administration but then also worked with a new client to successfully complete the work within an ambitious timescale.”

Scheme designers ESA are using innovative construction methods to build an elevated, landscaped garden above the buildings retail space as an amenity for office tenants. The garden, which will significantly improve views from surrounding properties, uses green technology which ESA say will create bio-diverse habitats. The gardens are designed to achieve a BREEAM Excellent Rating and Code 4 for Sustainable Homes.

The site has been subject to a number of failed developments which were deemed to have a negative impact on the local Soho Conservation Area. The new development is a solution which will contribute to the on-going regeneration of the eastern end of Oxford Street.