Galliford Try’s building business has won a £55m deal to rebuild 1-4 Marble Arch in London for the Portman Estate.
The building, constructed in the 1920s, sits directly opposite the Marble Arch monument in the West End. Its existing façade will be retained while a full demolition and rebuild will take place behind it, creating three floors of retail space and seven further floors of offices.
The project is the second major scheme that Galliford Try has undertaken for the Portman Estate following the completion of the 1-9 Seymour Street in 2018.
Ian Jubb, managing director for Galliford Try Building, said: “Our business has an excellent track record in producing high quality mixed-use schemes throughout London. We are delighted that The Portman Estate has entrusted us once more with such a high-profile scheme in such an iconic location and look forward to working with them to create a memorable destination for the West End.”
Michael Jones, projects director at the Portman Estate, said: “Following the success of 1-9 Seymour Street in 2018, we are delighted to confirm that Galliford Try Building has been re-appointed as our delivery partner on our latest direct development, 1-4 Marble Arch.”