Laing wins œ28m City development

Laing has been awarded a œ28 million retail and office development in the City of London by London and Manchester Assurance Company. The 11-storey building will be built at Finsbury Pavement. It consists of three storeys of basement car park and plant rooms, eight floors of offices and a retail area including a store for Marks and Spencer.

The building was designed by architect Sheppard Robson, who have incorporated various energy saving measures into the project. These include a triple-skin glazing system with motorised solar blinds to help reduce air conditioning costs. A reinforced concrete frame will be used with metal and glass cladding. A steel and glass curved facade will mark the entrance to the office accommodation.

The retail section consists of a 'shell' building on five floors, including a two-storey basement, with external cladding and shop fronts. This element of the scheme will be handed over in September 1995 for fitting out.

The office section will be completed in July 1996.