Ardmore wins £80M Midland Bank redevelopment

The old Midland Bank headquarters building.
The old Midland Bank headquarters building.

Design and build contractor Ardmore has won an £80M project to transform the grade I listed former Midland Bank headquarters in the City of London into a new five star hotel.

 

The firm, working working with Sydell Group and Soho House, will be carrying out major internal structural alterations, sensitive restoration of listed features, and high quality fit out throughout the entire building.

 

Restoration works will be undertaken on the building’s Portland stone facades, along with the decorated banking hall and old safety deposit vault.

 

When complete the new flagship hotel will house 252 suites of varying sizes, restaurants, a rooftop bar with landscaped terraces, a health spa and gym, event spaces, an underground bar in the retained safety deposit vaults and a private members’ club.

 

The building was originally designed by architect Sir Edward Lutyens, while the new scheme has been designed by EPR.

 

It is understood that Ardmore beat out competition from Balfour Beatty, McLaren and beck Interiors to secure the contract.

 


 

• Overall confidence levels about future workload prospects for architects continue to be positive across the whole of the UK according to the RIBA Future Trends Workload Index.

 

The Index stands at +29 for September compared to +28 in August.

 

RIBA Director of Practice Adrian Dobson said: “Although the private housing and commercial sectors clearly offer the best current prospects, there is a sense of greater stability in public sector workloads, with larger practices in particular becoming more optimistic about a more predictable pipeline of public sector construction expenditure, and modest signs of increasing activity in the community sector.”

 

“However”, he added, “there remains significant competitive pressure on fees and whilst aggregate turnover is rising, profit margins on projects often remain very tight”.

 

Photo: Steve Cadman/Creative Commons

Please rate

Comments 

Name
Email
  Ctrl + Enter

Most Read

Suttons Tankers wins Yorkshire Water £60m AMP7/8 contract

Suttons Tankers wins Yorkshire Water £60m AMP7/8 contract

The bioresources sludge removal and transport services deal will cover the transportation for all internal liquid sludge and raw sludge cake from sewage works to sludge treatment centres. Over the course of the contract a 15% carbon savings has been forecast, which forms part of Yorkshire

Thames Water invests £55.7m to upgrade Guildford network

Thames Water invests £55.7m to upgrade Guildford network

The announcement comes during the ongoing £1.8m upgrade of Netley Mill water treatment works, which supplies 8,500 properties in Cranleigh and the surrounding villages via Hurtwood, Alderbrook and Lambswood reservoirs. The work will increase the resilience of the site and reduced the risk of

Govt & Ofwat call on water companies to accelerate AMP7/8 plans

Govt & Ofwat call on water companies to accelerate AMP7/8 plans

In an joint letter to UK water companies, the Government, the Environment Agency, the Drinking Water Inspectorate, Ofwat and CCW have called on them to accelerate their existing AMP7 plans – and consider bringing future investment from 2025 and beyond forward.The letter says they can play

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.