ISG Secures £20 Million London Exclusive Residential Scheme

ISG has secured its latest project with specialist award-winning luxury residential developer Amazon Property - a £20 million scheme to restore three buildings in London’s famous Nash Terrace to return them back to their original use as residential dwellings.

The prestigious scheme sees ISG remodel and refurbish 92-96 Portland Place, 98 Portland Place and 10-12 Park Crescent in a single rolling programme. The project represents 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, ISG will extensively reconfigure and refurbish the three buildings to create 15 new luxury apartments. Two of the buildings already contain existing residential accommodation, which will remain occupied throughout the duration of the project.

ISG will commence 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.

Externally, ISG will clean the facades of all three buildings, carrying out any necessary repairs to the stonework and replacing all windows with sympathetic and high performance units. Each of the apartments will be fitted out to an extremely high specification in a classic contemporary style synonymous with Amazon Property developments.

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.”

Nick Hann; Tel: 07970 275251; Email: nick.hann@isgplc.com

ISG Plc is an international construction services company delivering fit out, construction and a range of specialist services, with 31 offices worldwide. The company works with owners, developers and occupiers in the public and private sector for an extensive range of industries.  ISG Plc was established in 1989 and has been quoted on AIM since 1998. Today the company has a turnover of around £1.3 billion.

For further information about ISG please visit our website www.isgplc.com