Parker Street

Holborn, WC2
Commission completed 2011
130,000 sq ft
Commercial, residential, mixed use

PLP, Architect

AKT, Structural engineer

Gleeds, Cost consultants

Montague Evans, Planning

Parker Street is an exercise in finding opportunities on a complex site. The site is surrounded by listed buildings and any redevelopment would involve façade retention, site assembly, likely provision of 40% affordable, and massing restrictions. M3 managed a review of a previously consented schemes and a series of feasibility studies that identified the opportunity to significantly increase the potential scale and value of redevelopment. In parallel with this exercise, we recommended a short term asset management strategy to maximise overall returns for our client’s fund.

Project highlights

  • Establishing a strategy for redevelopment of the site
  • Achieving a significant increase in developable area
  • Developing an implementable construction logistics proposal
  • Assisting in the development of a site assembly plan
  • Producing a multi-phase redevelopment / refurbishment strategy to maximise income
  • Obtaining LB Camden support for the proposals