Tenacity Group has instructed Quadrant as development manager on the construction of its new 31 floor tower at 55 Gracechurch Street.

The development, which secured planning consent in January 2021, involves demolition of the existing 1970s office building to make way for a new mixed use scheme comprising 205,000 sq ft of office (NIA), 7,000 sq ft of retail (NIA) and 6,400 sq ft of publicly accessible garden terrace and open space (GIA).

Designed by Fletcher Priest Architects, the building will consist of a six-storey podium topped with a public garden. The tower will be 25 floors above, made up of two building elements.

The design of the building aims to achieve BREEAM ‘Outstanding’, which would be the first tall building in the City of London Cluster to achieve this high rating.