350 years later… Skanska brings a bakery back to Pudding Lane

Press release 02/12/2016 10:30 CET

Skanska has let the final of its two retail units at The Monument Building, its 94,000sqft (8,722sqm) 10-storey office-led development in the City of London.


Skanska has let the final of its two retail units at The Monument Building

Le Pain Quotidien, the Belgian boulangerie, will take the remaining ground-floor retail space, comprising 2,695sqft (250sqm), neighbouring salad bar Olive & Squash.

This announcement comes after a wave of recent office lettings on the scheme. Maxis, UnderwriteMe Technology Solutions, TwentyFour Asset Management, Booking.com and Portuguese bank Caixa Geral de Depósitos are the first tranche of companies to secure office space in the building’s nine other storeys.

Neal Pickering, development director at Skanska, said: “Le Pain Quotidien represents a great fit for the people who will use the building every day, as well as the local area. It’s also nice to be bringing a bakery back to this historic location some 350 years after the Great Fire of London began in nearby Pudding Lane. The building’s great features for tenants – including four terraces, cycle storage options and shower facilities – have helped to make this an ideal location for Le Pain Quotidien.”

Peter Jenkins, Le Pain Quotidien’s UK managing director, said: “We are delighted to open in this great part of the City with Skanska. Our goal in Le Pain Quotidien is to have fun while we’re providing healthy and responsible food in a sustainable way.”

The Monument Building, designed by architect Ken Shuttleworth’s Make, has a distinctive ‘curtain’ of twisting, anodised aluminium fins on the south façade, creating a new backdrop to the historic Monument.

Stephen Kane & Company advised Le Pain Quotidien. Nash Bond represented Skanska. Savills and CBRE are retained to let the remaining office space at The Monument Building.