DISTRESSED

60 GREAT
TOWER STREET

Enclosed within a host of famous buildings, this project represented a landmark in its own right. FDS’ largest initial contract award to date.

APPOINTED BY: LONDON WALL
60 GREAT TOWER STREET

OVERVIEW

FDS were awarded the contract to strip out 8no floors of a 10 story office building in a prime City location. The main motivation for the project was to release the landlord of rates liability, however the building was earmarked for substantial upgrades in the subsequent 12 months. As such this project required both speed of mobilisation and execution as well as liaison with professional design teams for future proofing and ease of transition to fit-out.

The total footprint stripped out exceeded 120,000 ft2 and entailed the removal of everything besides the live safety systems. These were isolated two floors at a time and re-commissioned at stages throughout the project to maintain compliance with building insurance parameters.

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Challenges

There were two key logistical challenges that had to be overcome. The first was the presence of other tenants, including one which operated a full live trading floor. This meant that noise transfer had to be carefully monitored and sensitive works shifted to outside normal business hours. It also meant that care had to be taken around the risers and any areas of vertical service distribution as it was paramount not to disturb any of their amenities. Elsewhere, the building did not have its own loading bay but instead had access to that of its neighbour. This meant that vehicular access was controlled by third parties overseeing a fully operational building, thereby limiting time allotments for waste collections and the like. Again, some of this was re-programmed to outside normal hours to mitigate the effect on program.

£925,000
Initial and final contact value
£5,000,000
Year one net saving from rates relief
> 25,000
Incident free man hours

Sustainability

During the project, FDS lifted and repurposed circa 30,000 raised floor panels for re-installation at a later date, saving over 300T of embodied carbon. The size of the project also allowed for full separation of every waste stream, such that the best possible recycling results were achievable. This means more material was diverted towards reuse and ‘closed-loop’ recycling, which is a more sustainable result than power recover or landfill.

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The Take home

Whilst not the largest Final Account FDS has had, it was the largest initial contract award. We won the client’s trust by showing them around a few other live sites at the time, and displayed our in-depth knowledge and experience of the de-rating process. We then led the liaison with ratings surveyors once on site. Since this project, we’ve repeated the same process, using it as a hub for displaying our work and our knowledge.

It also formed the basis over our 2025/2026 branding uplift and re-categorization of projects along the lines of their motivation. The why not the what!

Get in touch

If you would like to find out how First Demolition can help you please send an enquiry via the form below.

Address: 64 Knightsbridge, London SW1X 7JF
Telephone: +44 (0) 20 8088 2539
Email: operations@firstdemolition.co.uk

 

Frequently asked questions

A: De-rating refers to works carried out to a property to render it incapable of beneficial occupation, with the aim of removing or reducing its business rates liability. This is typically achieved through a targeted strip-out of key elements such as services, finishes and facilities.