Mace has been appointed by Hertshten Properties as construction partner for a 30‑storey mixed‑use tower at 85 Gracechurch Street in the City of London, a scheme that combines contemporary office floors with new public and cultural spaces while incorporating unusually significant archaeology beneath the site. According to Construction News, the development — designed by Woods Bagot — will replace a 1930s office block and is currently in a pre‑construction services agreement with Mace. Reports indicate the revised scheme now stands at 30 storeys after design changes prompted by archaeological discoveries.

The proposed building will deliver roughly 21,830 square metres of flexible office accommodation alongside retail, food and cultural uses at street and basement levels. A publicly accessible events space is planned on the 29th floor with a 270‑degree terrace offering views across London, and designers envisage ground‑floor civic areas and a heritage garden to improve public access to the Leadenhall Market Conservation Area. City of London Corporation statements have presented the project as a way of rejuvenating the area and creating a cultural hub adjacent to the Grade II‑listed Leadenhall Market.

The programme of archaeological investigation beneath the site upended early assumptions about what lay under the existing building. Museum of London Archaeology (MOLA) found substantial, well‑preserved remains of London’s Roman forum and what has been identified as the city’s first basilica; Historic England and national press coverage in February 2025 described foundations and walls dating to the late first century AD, built from flint, ragstone and Roman tile. Developers subsequently revised the proposals so that the remains would be conserved and displayed in situ as part of a free exhibition and interpretation programme in the basement.

Planning permission for a redevelopment at the site was originally granted by the City of London Corporation in October 2023, but the discovery of the Roman remains prompted design revisions and further engagement with heritage bodies. Industry reports say the scheme was reduced from an earlier 32‑storey proposal to the current 30‑storey design to enable the archaeology to be safely conserved and made publicly accessible; project teams including the developer, designers and MOLA have worked together on a conservation and interpretation strategy.

Sustainability and low operational carbon are central to the design language of the project. Planning documents and project profiles state the building is intended to achieve a BREEAM Outstanding rating and to be fully electric. The design package emphasises energy‑efficient mechanical systems, natural ventilation strategies, a high‑performance façade and a whole‑life approach to operating emissions, reflecting wider industry moves towards net‑zero‑capable workplaces.

Material and façade strategies aim to respond to the sensitive historic setting. The scheme calls for a unitised curtain wall system with external shading to limit solar gain, while stone and precast concrete will be used at lower levels to complement the market and neighbouring heritage assets; upper floors will employ glazed curtain walling with deep reveals and vertical mullions for solar control. Urban greening is planned across biodiversity roofs, landscaped terraces and greened colonnades on Gracechurch Street, and project documentation sets out measures such as 440 cycle parking spaces with basement showers, lockers and drying facilities to support sustainable travel.

The constrained City site requires complex engineering and logistics. Planning documents describe deep excavation and a top‑down construction methodology using a secant piled retaining wall system; teams intend to use just‑in‑time deliveries and prefabricated elements to limit disruption and reduce on‑site emissions. The developer is targeting completion in 2030, though the procurement route and contract value have not been disclosed and Mace remains in the PCSA phase.

Public realm and pedestrian connectivity form a prominent strand of the project. Publica‑designed improvements are said to reinstate a pedestrian route between Gracechurch Street and Lime Street Passage, accompanied by new granite paving, trees, seating and improved lighting. The City Corporation has framed the development as boosting the Square Mile’s visitor offer by expanding access to Leadenhall Market and providing a new cultural exhibition space drawing on the Roman archaeology uncovered on site.

Industry and developer comment underlines both the commercial and cultural ambitions for the site. Ged Simmonds, managing director private sector at Mace Construct, told Construction News the scheme was “a unique opportunity to deliver a sustainable and forward‑thinking office” that responds to “its historic context”. Hertshten Properties UK chief executive Ron Hertshten said the tower would “set a new benchmark for sustainable office space in the City”, according to the developer’s announcement. At the same time, archaeologists and heritage bodies are emphasising the national importance of the Roman basilica remains and the need for careful conservation and interpretation as the project proceeds.

The 85 Gracechurch Street project illustrates how major City developments are increasingly being shaped by overlapping priorities: protecting and showcasing heritage discovered beneath urban plots, meeting strict sustainability targets, and negotiating complex construction logistics in highly constrained central London locations. With archaeological display plans still being finalised and the main contracting and financing arrangements yet to be revealed, the scheme remains a work in progress — one that, if delivered as envisioned, will fuse a new generation of low‑carbon offices with a rare public window on Roman London.

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Source: Noah Wire Services