CIFI and Arbrook Land appoint RED Construction London to deliver prime commercial development in Victoria
RED Construction London, a regional arm to the main contractor RED Construction Group, has announced its appointment on CIFI and Arbrook Land’s £9m commercial and retail scheme, 19 Dacre Street, situated close to St James's Park.
Specialising in development and refurbishment opportunities in the prime Central London area, Arbrook Land has instructed RED Construction London to restore and extend an existing office building comprehensively. There will be a key focus on sustainability and a target for BREEAM ‘Excellent’. The first phase of the refurbishment commenced this month and is set to complete in Summer 2023.
Designed by architects Darling Associates, CIFI and Arbrook Land's seven-storey 19 Dacre Street project features a contemporary brick façade, with key construction elements including the erection of a two-storey roof extension and infill addition at the rear ground to fifth-floor levels, to provide 20,000 sq ft of office accommodation. The basement and ground floor levels will also be refurbished to provide 4,250 sq ft of restaurant and retail space. Six of the seven office floors will have their own terraces and the project will include a complete façade refurbishment to all elevations.
David Owen, Operations Director at RED Construction London, commented: "As our first project for CIFI and Arbrook Land, Dacre Street is a prime example of what RED Construction London do best. The features of this vital London scheme call on many of the RED Construction London team's technical specialities, and our expertise in the field will allow the sustainability-focused building to come to life in this well-positioned location within the capital."
Eric Ng, Director of Overseas Investment and Financing at CIFI, said: “We look forward to a successful completion of this exciting project, which offers one of the best-in-class offices in the prestigious Victoria submarket, with strong sustainability credentials”.
Tim Stotesbury, Managing Director at Arbrook Land, added: “We look forward to working with RED Construction Group on our first project together. This boutique office and retail scheme will provide some of the highest quality 3,000 sq ft floors available in the West End”.
This project appointment follows the news that RED Construction Group has hired James Bardwell MICE as Business Development Director, overseeing business opportunities across RED Construction London.