ISG has been awarded its fifth project at the 95 acre Green Park business community in Reading, taking a circa £8 million scheme to refurbish and reconfigure a commercial office building for owners Oxford Properties. ISG recently relocated its Reading office to Green Park to support its expansion within this key business destination, following continued growth in opportunities within the Thames Valley and M4 corridor.
This latest win sees the contractor carry out a comprehensive Cat A fit out and reconfiguration of the five-storey structure at 450 South Oak Way, and will deliver 102,000 sq ft of Grade A office accommodation, providing flexible options for single or multi-tenanted occupation. This refurbishment follows the successful completion of similar building upgrades at the park, and forms part of Oxford’s long term asset management strategy to address the supply demand gap of Grade A space in the Thames Valley market.
ISG will undertake major structural alterations as part of this project, forming a new entrance and improved open lobby area, and constructing a two-storey cantilevered extension at level three. Four link bridges will be installed across each of the upper levels within the main atrium and a stylish feature staircase will provide access from ground to first floor levels.
ISG is targeting a BREEAM Excellent environmental performance rating for the refurbished office building through the use of high specification building materials and the installation of highly efficient mechanical and electrical services. Externally, the project includes the provision of attractive hard and soft landscaping features, resurfacing the adjacent car park and the construction of a new cycle store featuring roof-mounted photovoltaic panels.
Paul Cossell, managing director of ISG’s Fit Out and Engineering Services business, commented:
“We are seeing continuing growth in the volume and scale of project opportunities within the region as businesses take advantage of reduced set up costs and the excellent transport and communications infrastructure. Our Reading office continues to service ISG’s longstanding international customer base, but is also making major inroads within the regional office market as owners, developers and occupiers recognise the significant benefit of working with a highly experienced and innovative sector specialist.”
ISG Plc is an international construction services company delivering Fit Out, Construction, Engineering Services and Specialist Solutions, operating in 28 countries worldwide. The company works with owners, developers and occupiers in the public and private sector for an extensive range of industries. ISG Plc was established in 1989 and has been quoted on AIM since 1998. Today the company has a turnover of around £1.3 billion.
For further information about ISG please visit our website www.isgplc.com