Paternoster Square

Our role

As Development Manager for Stanhope, Martin was the client’s project manager for the regeneration of Paternoster Square – from inception to completion in 2002. Martin commissioned both Heatherwick Studio and Sir William Whitfield & Partners and directly oversaw their respective projects.

Project details

The regeneration of Paternoster Square saw the removal of disjointed and dated building. In their place, a new public square emerged, surrounded by redeveloped office buildings, retail outlets and restaurants.

The project faced many challenges. Congestion and complex conditions below ground were combined with complicated ownership patterns and legal constraints imposed by the proximity St Paul’s Cathedral.

As well as a new home to the London Stock Exchange, the square also boasts two new focal points. However, these additions are not just decorative, but use arresting design to conceal essential functionality. Sir William Whitfield’s column, constructed from Portland stone and granite, serves as a ventilation shaft for a service road that runs beneath the square, and a sculpture by Thomas Heatherwick cleverly hides the cooling vents required for the square’s new electricity substation.

Paternoster Square was commended at the London Planning Awards as Best Built Project five years on in 2009.

 

More information on Ashfold’s recent project management experience can be found here.

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