Property company completes office regeneration project in London

A property company has completed the renovation of an office space on a high street in London near St Paul’s Cathedral.

Pembroke has completed the revitalization of 120,414 square feet of high specification office and mixed-use space at 25 Cannon Street, unveiling a redesigned public garden.

Global law firm Dechert will be the largest tenant of the office space and will take possession in 2023, on a 15-year lease assignment.

Pembroke worked alongside architectural firm Buckley Gray Yeoman and building partner BAM to reimagine the five-story 25 Cannon Street.

Pembroke reinvented the five-story 25 Cannon Street alongside Buckley Gray Yeoman and BAM. (Image provided with the release by Redwood Consulting)

The revitalization includes a double-height reception and the creation of a new 5,400 square foot rooftop terrace with views of the dome of St. Paul’s Cathedral.

On the ground floor, Pembroke has redeveloped the space for new retail and dining uses, which will extend the dining offering from bustling Watling Street to St Paul’s, enriching the day to night experience in this central location.

Designed to allow for more natural light and better air quality, the new energy-efficient workspace aims to “put occupant well-being first.”

25 Cannon Street has been designed to high performance criteria targeting BREEAM Excellent and the building can now run entirely on renewable energy.

From retaining the original facade and stone structure to reducing embodied carbon emissions throughout the construction process, sustainability has been central to the program.

Nick Moldon, Senior Vice President and Head of UK and Germany at Pembroke, comments: “We are extremely proud of what we have achieved at 25 Cannon Street together with the City of London Corporation and our partners in project.

“This repositioning program strengthens the city’s supply of modern, high-end office space, while adding vitality and interest day and night for visitors, to enrich their experience of this thoroughfare of St Paul through bustling Watling Street.

“In the Reflection Garden, we have created an important oasis to connect with nature, encourage greater biodiversity and urban greening and hope to contribute to a vibrant and healthy neighborhood for generations to come.”

The reimagined public space at 25 Cannon Street – the ‘Reflection Garden’ – is located opposite the Festival Gardens in St Paul’s.

The garden was delivered with the City of London Corporation and landscape and garden design firm, Tom Stuart-Smith.

The garden aims to provide space for visitors and the urban workforce to enjoy the benefits of a tranquil green space, while providing new habitats for local wildlife and encouraging greater biodiversity in the city.

Chairman of the City of London Corporation’s Property Investment Board, Andrien Meyers, said: “The newly refurbished 25 Cannon Street is a welcome addition to the city’s top quality office, retail and leisure offering. Square Mile.

“In particular, the City Corporation was delighted to support the new public garden for the enjoyment of workers and visitors.

“With most office space already leased, it’s clear the recovery is well underway, and we hope programs like this will continue to draw people to the city post-pandemic.”

Paul White, Founding Director of Buckley Gray Yeoman, added: “The historically significant position of the building required our approach to be sensitive, yet sophisticated.

“We achieved this by creating an enlarged reception area which, together with a new public garden, creates a sequence of sensory entrances to the building, which we have given a new facade in a contemporary but contextualised finish.

“Internally, the office floors have been extended by filling in the original colonnade, removing several satellite cores and reallocating a factory area to the basement.”

The repositioning of 25 Cannon Street is Pembroke’s fifth major development project in London, having originally developed 25 Cannon Street itself in 2000.

It was completed a few years after the development of Pembroke’s 4 Cannon Street across the road.

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