Obayashi Corporation, the owner of the historic Bracken House office development since 1987, has recently submitted a planning application to the City of London Corporation for refurbishment of the Grade II listed building located at One Friday Street, near St Paul’s Cathedral.
With a scheme design by award winning architects JRA, the focus of Obayashi Corporation’s plans is an entrance hall with new finishes sympathetically enhancing the interior of the development, creating a better working environment for the tenants. Based on the current scheme, Bracken House will offer approximately 200,000 sq ft of net lettable office accommodation.
Obayashi Corporation successfully redeveloped Bracken House in 1992, retaining the building’s north and south wings as part of a design by Sir Michael Hopkins. The development was the former home of the Financial Times newspaper and the first post-war building within the City of London to be listed.
Obayashi Corporation commented:
“As custodians of this iconic London building we will be looking to refurbish to the highest possible standard. We believe the plans that have been submitted will allow us to improve the working conditions for tenants without compromising the original architecture.”
Subject to planning permission, the refurbishment will be completed in mid-2018.
CBRE and JLL have been appointed by Obayashi as letting agents.