Yard Nine working on 拢400m scheme at 50 Fenchurch Street
The developer behind Eric Parry鈥檚 拢400m scheme at 50 Fenchurch Street has brought in a director from Gardiner & Theobald to beef up its project management business.
Nikos Michalakis spent five years at G&T where he worked at the consultant鈥檚 PM business having spent a decade as a surveyor at Morgan Sindall鈥檚 fit-out firm Overbury.
He has now joined Yard Nine as an associate director at the firm which is also behind Edenica, a new 12-storey office development at 100 Fetter Lane being built by Mace. Yard Nine, which was set up in 2017 and has a development team of six, also worked on EightyFen, the new home of Arcadis, built by Skanska.
Michalakis said: 鈥淭his was an exciting opportunity to join a company that understands and values the strategic importance of being able to advise clients throughout the various stages of the development process.鈥�
Bids from Mace and Multiplex for 50 Fenchurch Street are due in before Christmas with a winner due to be announced in the spring. Client on the scheme is 22 Bishopsgate owner AXA IM Alts which bought the site last summer.
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