Firm to get started on makeover of bank鈥檚 global hub by end of year

ISG has won a prized 拢100m-plus deal to revamp the Canary Wharf global headquarters of Barclays Bank, 精东影视 can reveal.

The firm, which declined to comment, beat Overbury to the job which will see the 30-storey One Churchill Place given a major makeover starting by the end of this year.

More than 2,000 people work at the building with the first part of ISG鈥檚 deal expected to centre on revamping the trading floors at the tower which was designed by HOK and completed by Canary Wharf Contractors in 2004.

barclays 2

Source: Shutterstock

More than 2,000 Barclays staff work at the tower which was opened in 2005

In February, the bank鈥檚 chief executive Jes Staley said he expected his largely homebound bankers to return to their offices this year. At the height of the lockdown earlier this year the firm said around three-quarters of its 80,000 staff were working from home.

ISG鈥檚 contract marks a continuation of the relationship between the contractor and Barclays which is seeing the firm complete work on a series of buildings for the bank in Glasgow.

Drum Property Group agreed a multi-million pound deal with Barclays in July 2018 to develop a new state-of-the art campus headquarters for the bank at Drum鈥檚 development at Buchanan Wharf on the banks of the river Clyde.

It will create space for more than 2,000 staff making the bank one of Glasgow鈥檚 biggest commercial employers.

ISG has won a string of high-profile fit-out deals this year including the new UK headquarters of US tech giant Facebook in King鈥檚 Cross and across London the 拢75m deal for Apple鈥檚 new office at the Battersea Power Station redevelopment.