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100 Cheapside CGI at Quadrant Estates website in September 2012 www.quadrantestates.com

100 Cheapside CGI at Quadrant Estates website in September 2012 www.quadrantestates.com

18. September 2012
100 Cheapside development in July 2013.

100 Cheapside development in July 2013.

10. July 2013
100 Cheapside development in July 2013. View to the site from Trump Street.

100 Cheapside development in July 2013. View to the site from Trump Street.

10. July 2013
100 Cheapside Considerate Constructors Scheme poster on Trump Street.

100 Cheapside Considerate Constructors Scheme poster on Trump Street.

10. July 2013
100 Cheapside development in September 2013.

100 Cheapside development in September 2013.

25. September 2013
For more information about the 100 Cheapside development please visit www.100cheapside.com

For more information about the 100 Cheapside development please visit www.100cheapside.com

20. September 2014

100 Cheapside

Address:
100 Cheapside, London EC2V 6DY
Type:
Mixed use
Completion:
Autumn 2014
Viewed:
12946

Description of 100 Cheapside

100 Cheapside is a 100,000 sq ft Grade A office and retail building in the City of London, between Bank of England and St Paul's Cathedral.

Joint venture partners CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates built the new BREEAM ‘Excellent' building, which offers office floor plates of up to 11,000 sq ft over 10 floors.

The building is arranged on two basements, ground and nine upper floors.

The building includes 9,000 sq ft of retail accommodation.

The location benefits from the City Corporation's Cheapside Retail Initiative, which aims to significantly enhance the local streetscape and will reinforce Cheapside as one of the City's main shopping destinations.

2014 September - Standard Life Investments Pooled Pension Property Fund acquires 100 Chepside from the joint venture partners CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates. CBRE acted for Standard Life Investments, BNP Paribas acted for the developer.

2014 March - CarVal Investors, Orion Capital Managers LLP, the City of London Corporation and Quadrant Estates top out 100 Cheapside with a ceremony held on site alongside its contractor Skanska UK and EPR Architects Ltd.

The prime building was one of the last parts of Cheapside to be developed, and was completed in October 2014.

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Buildington Rating & Notes

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Environment

News & Comments: (6)

Buildington
2017/02/22 11:47

The final vacant floor at 100 Cheapside has been let to international law firm Goodwin Procter.

Buildington
2014/09/24 15:51

Standard Life Investments Pooled Pension Property Fund has agreed a deal with joint venture partners CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates, to buy 100 Cheapside.

The Fund has agreed to acquire the building with vacant possession upon completion of construction, which is due in early November 2014. The deal was agreed with the joint venture partnership following an off-market approach and the Fund will undertake a leasing campaign following completion.

The new building, led by development manager Quadrant Estates, will achieve BREEAM Excellent and LEED Platinum sustainability ratings.

David Stewart, Fund Manager of the Standard Life Investments Pooled Pension Property Fundsaid: "We're delighted to have agreed terms to acquire this prime City building. It will be a valuable addition to the Fund’s existing portfolio of high quality investment properties."

Tristram Gethin, founding partner of Quadrant Estates, on behalf of the development joint venture,added: "We are extremely pleased that 100 Cheapside has attracted a major institutional investor, such as Standard Life Investments. The building is of the highest City specification and in a core location. We are very proud of this building delivered by our highly dedicated team."

Michael Cassidy, Chairman of the City of London’s Property Investment Board, said: "Cheapside is right in the heart of the Square Mile business district and retains its local feel while being part of a globally-connected cluster of financial and business services. We are very pleased to be part of a project that enhances not only the City, but London."

CBRE acted for Standard Life Investments, BNP Paribas acted for the developer.

Source: Quadrant Estates www.quadrantestates.com

Buildington
2014/03/10 12:03

CarVal Investors, Orion Capital Managers LLP, the City of London Corporation and Quadrant Estates have topped out 100 Cheapside with a ceremony held on site today alongside its contractor Skanska UK and EPR Architects Ltd.

100 Cheapside is a 100,000 sq ft Grade-A office and retail development located in the heart of the City of London, between the Bank of England and St Paul’s Cathedral. The prime building is one of the last parts of Cheapside to be developed, and will be completed in October 2014.

Graham Tyler, Director of Quadrant Estates, who is overseeing the development said:

“We are extremely proud of the quality of the building designed by EPR Architects Ltd. The spectacular building is offered as a whole or from 1,830 sq ft to 11,240 sq ft over nine floors and will have outstanding views from its ninth floor terrace. We are already attracting significant interest from potential occupiers seeking a high spec modern HQ building with exceptional sustainable credentials in the heart of the City. The scheme also includes up to 10,000 sq ft of retail accommodation, which should appeal to major brands looking for high profile exposure in the City on this prime retail thoroughfare.”

The project team includes Waterman Structures Ltd as structural engineer and Hilson Moran providing building services, energy and sustainability. Project management on the site is by GVA Second London Wall.

Source: Quadrant Estates www.quadrantestates.com

Buildington
2013/09/28 12:22

New photo!

Buildington
2013/03/05 13:44

Construction Starts on 100 Cheapside with the appointment of Skanska as contractor.

Joint venture partners CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates today announced the appointment of Skanska as building contractor on 100 Cheapside, the 100,000 sq ft prime City office development in London. Work will start immediately.

Skanska will be responsible for the £28m construction of the Grade A office development, which is scheduled for completion in autumn 2014. 100 Cheapside is located in the heart of the City of London, between the Bank of England and St Paul’s on the corner of King Street, and benefits from excellent transport links.

Tristram Gethin, Managing Director and founding Partner of Quadrant Estates, who is overseeing the development, commented on behalf of the investors:

“We are right on track with the development of 100 Cheapside, which will occupy a prime site in the heart of the City. It is one of the last pieces of Cheapside to be redeveloped. The spectacular building will have stunning views from its ninth floor roof terrace and will attract occupiers looking for a high spec HQ building in a great location.”

100 Cheapside will be a BREEAM ‘Excellent’ building, which will offer office floor plates of up to 11,000 sq ft over 10 floors, targeting core City occupiers looking for Grade A space. The development will include 9,000 sq ft of retail accommodation, which is likely to attract major brands looking for exposure to the City retail market on this prime retail thoroughfare.

Paul Heather, Managing Director, Building – London and South East, Skanska said: “Winning this project in such competitive market conditions is a true testament to our commitment to a more sustainable future and our client’s confidence that they can use our knowledge and skills to achieve a building which meets the high environmental standards of today and for years to come.”

The location will also benefit from the City Corporation’s Cheapside Retail Initiative, which aims to significantly enhance the local streetscape and will reinforce Cheapside as one of the City’s main shopping destinations.

CBRE and BNP Paribas Real Estate act for the joint venture partners on the leasing of 100 Cheapside. The building is designed by EPR Architects.

Buildington
2012/09/19 00:18

Demolition works have started at 100 Cheapside, one of the City’s most significant development projects. Following the 12-week demolition, construction on the 100,000 sq ft Grade A office and retail development will start in January before scheduled completion in 2014.

Joint venture partners CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates are developing the new BREEAM ‘Excellent’ building, which will offer office floor plates of up to 11,000 sq ft over 10 floors, targeting core City occupiers looking for Grade A space.

Tristram Gethin, managing director and founding partner of Quadrant Estates, who is overseeing the development, commented on behalf of the investors:

“This is an important milestone and kicks off the ground works on site. Following demolition of the existing buildings, we will be on course to start construction in the new year.”

100 Cheapside is located in the heart of the City of London, between the Bank of England and St Paul’s and benefits from excellent transport links. This prime site is one of the last pieces of Cheapside to be redeveloped. The development will include 9,000 sq ft of retail accommodation, which is likely to attract major brands looking for exposure to the City retail market on this prime retail thoroughfare.

The location will also benefit from the City Corporation’s Cheapside Retail Initiative, which aims to significantly enhance the local streetscape and will reinforce Cheapside as one of the City’s main shopping destinations.

CBRE and BNP Paribas Real Estate act for the joint venture partners on the leasing of 100 Cheapside.

Source: Quadrant Estates

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