Planning permission for this spectacular HQ office project,
designed by Alsop Architects, has been granted. The building
will provide unique floor-plates of over 50,000 sq feet, ideal
as open plan trading floors and/or cellular offices, and benefits
from extensive views of the river.
Since 9/11 and the consequent delay imposed by this on the
redevelopment strategy, Blackfriars Investments sought to
maximise the investment potential of the Puddle Dock property
asset in alternative ways. After researching these, it was
determined that investment in upgrading the existing Mermaid
buildings and the small Conference and Events business they
had been running since 1998, offered the best cost/benefit
opportunity for asset enhancement. As a result over £1M has been invested during 2003/4 and the
Conference and Events business re-launched in October 2004.