Monday, August 6, 2012

Former Cambridge Bank Redeveloped by ISG

The contractor will have to break through the 750mm thick concrete bank vault at the historic property as part of a wide-ranging refurbishment that will see ISG convert the building into two ground floor restaurants and three storeys of student accommodation for nearby King’s College.

The two restaurants, which have already been pre-let to restaurant chains ZiZi’s and CAU, will be housed in the ornate former bank, which features an original 18th century embossed ceiling with gold relief. The student accommodation will be created in the office areas above the retail bank, with the original roof structure removed and a steel frame extension providing an additional storey on the building, which incorporates a green sedum planted area.

The design & build project involves retention of the existing façade and reconfiguration of the interior space, including installation of new staircases, two new passenger lifts and a service lift for the restaurants. Several original features of historical interest will be removed during the redevelopment and replaced in the restaurant areas following completion, including an 18th century feature fire place and an original door and frame.

Removal of the bank vault ceiling will enable ISG to lower some floor areas to provide improved working height and greater headroom in some of the adjacent student study bedrooms. Each of the 32 student accommodation units will have en-suite bathroom facilities with internet access and communal kitchen facilities.

ISG’s Phillip Allerton, managing director - East, commented: “This high profile project maximises both the existing building’s aesthetic appeal and its prime location. Working closely with our design partners we have developed a solution that enhances overall capacity within the structure, through the addition of a discreet roof extension, while answering the challenges of an historically protected building.”

Chris White, a director of Wrenbridge, commented: “The building is stunning and will provide a fantastic culinary experience. We are delighted to have agreed deals with two quality and experienced restaurant operators who will offer a varied experience for diners. The opportunity generated strong occupier interest attracted by the quality of the pitch and the shortage of central Cambridge restaurant opportunities. We are confident the Arts Quarter will be enhanced by the opening of the restaurants, which will provide additional footfall and a boost to both the independent retailers and theatres in this area of the city”.


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