Bristol-based construction firm Midas Construction has started work on a dramatic £7.3million refurbishment of a landmark city centre building.
The Midas Group, one of the largest independent construction firms in the South West, successfully competed against three other companies for the contract to transform Narrow Quay House, located in a prominent waterfront position in the heart of Bristol city centre.
The high-end development involves the currently empty commercial building being expanded and modernised, with a new glazed atrium created and the front façade given a state-of-the-art facelift.
The 58,000 sq ft waterfront building on Floating Harbour is owned by the Standard Life Heritage With Profits Fund and once the renovations are completed, the majority of the space will be leased to expanding Bristol law firm Veale Wasbrough Vizards.
The law firm has outgrown its current city centre base so has taken a lease on 40,000 sq ft across three floors of the newly refurbished Narrow Quay House, with 250 staff moving to be based there and room to expand further in the future.
Midas Construction started work in May on the major renovation project, which is due to be completed by spring 2015.
The £7.3million project being managed by the Midas team involves increasing the overall floorplan to add 9,900 sq ft of extra floor space by infilling an existing light well and creating a new glazed atrium.
Midas is managing the design and the build on the challenging contract, which will involve construction teams carrying out major internal renovations within the building before transforming the front of this well-known building in a prime waterfront location.
Derek Quinn, Executive Director at Midas Construction, said:
“Narrow Quay House is a fantastic project involving a major transformation of a very prominent commercial building in the centre of Bristol,
“The logistics of carrying out the internal renovations are challenging and involve a lot of careful planning, with a complex steel frame installation needing to come through the front entrance and be erected within the building to create the extra floor space, for example.
“The existing façade will be removed from the outside of the building and a dramatic new design created, with a double height entrance to Princes Street.
“The development is of a very high quality, with our client, Standard Life Investments, and ourselves working closely with AWW Architects to create an extremely high-end office development to benefit Bristol city centre.”
Will Fulton, Fund Manager of the Standard Life Heritage With Profits Fund, added:
“We’re investing in a significant refurbishment of Narrow Quay, which will improve the existing public realm and create a landmark site for this side of the city. We are delighted to be working with a tenant of Veal Wasbrough Vizzard’s standing which also demonstrates the uptick in activity and growing demand for quality office space in Bristol.”
Simon Heald, Veale Wasbrough Vizards’ Managing Partner commented on the forthcoming move:
“Narrow Quay House will provide the space we need to support our future growth. Whilst supporting our objectives of retaining a city centre location, a great working environment (on the waterfront), and being accessible to staff and clients.”