5 Marble Arch is the commercial office element of Almacantar’s Marble Arch Place scheme, consisting of 8 stories of high quality offices with breath-taking views of Hyde Park. The wider scheme consists of the demolition of an existing 23 storey tower, and the design & construction of a 20 storey residential tower, 8 storey commercial office and a 5 storey basement containing car park, cinema, retail and residential amenity space. The landmark scheme is located at the Marble Arch corner of Hyde Park.
Key Project Features:
- High quality office space, successfully pre-let whole building to become global HQ of private equity firm
- BREEAM ‘Excellent’ accreditation for the commercial office and retail
- Top-down construction in order to achieve earliest construction programme
- 5 storey basement with significant structural challenges
- Site is adjacent to tube lines
Core Five Added Value:
- Conducted an MEP review and value engineering during the course of the contract and through the procurement of provisional sum packages that achieved substantial savings
- Set up a stringent project procedure manual and communication plan to effectively manage change control and open-book procurement
- Extensive commercial office knowledge allowed detailed comparison and benchmarking of cost and design to drive value
