Hertshten Properties has selected Mace as the construction partner for the new 32-storey mixed-use tower at 85 Gracechurch Street in London, UK.

The project, situated in the Leadenhall Conservation Area next to the Grade II-listed Leadenhall Market, is a Woods Bagot architectural design.

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It will replace a 1930s office structure with around 235,000ft² of modern office space, advanced facilities for cyclists, and a terrace offering expansive views.

Aiming to be one of London’s most environmentally friendly skyscrapers, this all-electric building strives to meet or surpass environmental benchmarks set by both the Greater London Authority and the city itself.

The goal is to achieve a Building Research Establishment Environmental Assessment Method (BREEAM) Outstanding rating when finished.

The design incorporates energy-saving mechanical systems, extensive greening initiatives, natural ventilation solutions, and an automated cycle hub with 444 parking spaces for bicycles.

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The site’s archaeological history has influenced the design, stated Mace.

The project also includes restoring a walkway between Gracechurch Street and Lime Street Passage to enhance local connectivity and contribute to Leadenhall Market’s evolution into a lively hub open throughout the week.

Hertshten Properties UK CEO Ron Hertshten said: “We are delighted to announce the appointment of Mace as the main contractor for 85 Gracechurch Street. 

“85 Gracechurch will be a state-of-the-art office building, delivering approximately 235,000ft² of premium office space alongside a host of extraordinary amenities.

“Designed to achieve market-leading environmental performance, the development will set a new benchmark for sustainable office space in the City of London.” 

Mace has now begun the pre-construction services agreement stage following a successful bid process.

The expected completion date for the development is 2030.

Earlier this month, Mace joined hands with Arup as programme management partner for Northern Metropolis, Hong Kong.