CDT Design will present signage concepts for the Paternoster Square redevelopment in the City of London early in the new year.
The consultancy has been tasked with creating signage for retail, pedestrian and office spaces for the square. The work is due for completion at the end of 2003 when the square will reopen. CDT Design will claim a ‘substantial’ five-figure sum for the work.
The existing buildings in Paternoster Square, located adjacent to St Paul’s Cathedral, are being demolished to make way for three new buildings and retail space. The London Stock Exchange will move its headquarters there and has appointed architecture and interiors group Gensler to oversee appointments of lighting and graphics specialists (DW 8 November).
‘The signage has to be sensitive to the historical building environment. The light and ambience of the signing has to be considered, as anything that affects, for example the site lines of a building, is an issue,’ says CDT Design founding partner Mike Dempsey.
The consultancy is still in the research phase of the project and is also doing initial concepts work. Final concepts will be presented in January or February 2002.
‘Making sure our proposals are sensitive to the [environment] issues can be achieved through the initial research and looking at the site very carefully,’ Dempsey says.
The consultancy was appointed by developer Mitsubishi Estate Company in November via recommendation, without a formal pitch.
In addition to the LSE, which it is understood will pay around £12m per year to lease the 20 400m2 King Edward’s Court building for 20 years, Goldman Sachs will also take space at the square.