Glencar to undertake €3m railway arches restoration project (GB)

Glencar to undertake €3m railway arches restoration project (GB)

Glencar has confirmed that it has been appointed by The Arch Company to redevelop four railway arches situated on America Street, SE1 in London.

 

The arches will be renovated and revitalized for businesses to thrive. The works include demolition, groundworks, facade installation, waterproofing, and sustainable fit-out. The investment will bring new life to neglected spaces and provide opportunities for local restaurants, cafes, bars, and leisure businesses. The project started in February and is expected to be completed by summer.

The redevelopment is part of The Arch Company’s €234m development plan, Project 1000, which aims to bring a thousand empty or derelict spaces into use across England and Wales by 2030.

 

Glencar CEO Eddie McGillycuddy said: “We are very happy to be working for The Arch Company for the first time and to be working on the revitalisation of these historic viaduct structures into repurposed spaces for business to develop and thrive. In restoring these arches, a key priority set out in the project scope was to deliver a development that meets today’s ever-increasing high sustainability standards. Energy-efficient elements of the restoration will also include the re-lining of all arch spaces, new insulated floor slabs suitable for restaurant use and the installation of new LED lighting and glazed front infills. We look forward to working closely with the full project team and once again seeing our special projects team at work.

 

Craig McWilliam, CEO at The Arch Company, said: “We’re investing £2.5m (€2.93m) into these spaces to provide much-needed additional commercial space suitable for leisure use. Repurposing these arches is part of our ongoing programme to create fit-for-purpose spaces in which businesses can thrive. Glencar’s special project division comes with a significant pedigree, and we look forward to seeing them in action.

 

Image provided by Momentus Consulting Group.

 

Europe Real Estate — an overview of real estate developments in European countries.

Related News