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Sat June 25 2022

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ISG picked for £20m home makeover

30 Oct 13 ISG has been awarded a £20m contract to remodel three buildings in London’s famous Nash Terrace to return them back to their original use as residential dwellings.

The corner of Portland Place and Park Cresecent, as seen by Google Streetview
The corner of Portland Place and Park Cresecent, as seen by Google Streetview

Amazon Property has selected ISG to restore the buildings in London's famous Nash Terrace. ISG will remodel and refurbish 92-96 Portland Place, 98 Portland Place and 10-12 Park Crescent in a single rolling programme. The project is ISG’s fifth development for Amazon Property in just over 12 months, including luxury apartment schemes at the former Paramount Studios in Soho, as well as in Bayswater and Westminster.

Overlooking Regent’s Park, the three Grade II listed buildings were originally constructed as upmarket London residences in the early 19th century and designed by John Nash, the architect responsible for developing much of Regency London. Predominantly used as commercial office space in recent years, ISG will extensively reconfigure and refurbish the three buildings to create 15 new luxury apartments. Two of the buildings already contain residential accommodation, which will remain occupied throughout the duration of the project.

ISG will start the first phase of the project by re-building the rear of 98 Portland Street reconfiguring the interior layout to create additional space. The existing roof on the property will be raised and a new mezzanine level constructed, further increasing the overall floor plate. Across the two adjacent properties, ISG will again add mezzanine structures and reposition the floor levels in a complex programme of work that incorporates extensive structural modifications.

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Alan McCarthy-Wyper, managing director of ISG’s construction business, commented: “Amazon Property has built an enviable reputation for acquiring prestige properties in landmark London locations and refurbishing them to the very highest standards that appeal to a global residential market. I am delighted to be able to support Amazon Property return these buildings back to the use originally intended by John Nash in the early 1800s. These projects will showcase our skills and expertise across a scheme with great technical and logistical complexity.”

Separately, ISG has also been re-appointed to the £1bn Construction Framework South West.

ISG chief executive David Lawther said: "These latest appointments highlight the effectiveness of our strategy to increase the proportion of repeat business from framework and blue-chip customers."

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