This ten-storey office building was designed and built to institutional standards for professional or financial services tenants.

Each floor of this island site was designed to be capable of subdivision into a minimum of two separate tenancies.

Tenant flexibility was an essential element of the Brief.

There was a need to overcome significant constraints that were imposed on the project by the surroundings and Planners. There was also a need to increase financial viability for the client.

Davis Langdon’s Value Management process enabled the design team to increase net present value by increasing the net lettable area as well as identifying capital cost savings without compromising the quality of the design intent.

The project was completed in July 2002 at a capital cost of £28 million.

Value added: The accepted Value Engineering Proposals added 9.5% to the Net Present Value (NPV) of the scheme.

This was made up of: Capital Cost Savings of 7.2%, Capital Cost Additions of 1.7% and Added Revenue of 4% (NPV).