Cutting edge London property schemes brought to life with help from Temple Bright
Bristol and London law firm Temple Bright has advised innovative commercial property developer Sätila Studios on two exciting schemes in the heart of the capital.
Clerkenwell-based Sätila Studios, a small privately owned company run by brothers Ted and Oliver Grebelius, originally from Gothenburg, Sweden, has a mission to buy and reinvent buildings and to progressively improve their surroundings and the local area.
Oliver said: “Our philosophy is contrary to the corporate and mass production projects that are often being designed and carried out today.
“In contrast we focus on bringing forth the character of the building and curate tenants that appreciate and suit the type of project we are working on.”
Temple Bright partner Julia Davenport-Cooper has advised Sätila Studios on the construction law aspects of the development of 109 Farringdon Road in Clerkenwell and 47 Great Marlborough Street in Soho.
The former involves the transformation of an old print shop into vibrant workshops, which are now occupied by a range of companies in marketing and IT.
The latter is an 18th century private townhouse which had suffered a series of unsympathetic alterations to its historic rooms, culminating in a down-at-heel 70s/80s interior.
Oliver added: “We have had the opportunity to reshape this Georgian gem to a vibrant multi-use building with a public ground and basement floor and offices on the upper floors.
“The scheme included enhancing the historical quality of the building by changing the existing modern roof extension into a more classical dormer-style roof floor, as well as reinstating the original light wells and refurbishing the façade.”
These are the latest in a number of transformative construction projects in central London on which Temple Bright has been involved.
So far this year it has also advised on the initial phases of OneWelbeck, a high-end healthcare facility created in a former office building in Marylebone.
Julia Davenport-Cooper said: “We are delighted to have had the opportunity to advise Sätila Studios on these two imaginative and inspiring projects in exciting areas of London. It has been a pleasure working with Oliver and helping Sätila to realise their distinctive vision.
“We really enjoy working with creative clients like Sätila Studios on projects of this kind – taking older urban buildings and turning them into something fresh while retaining the best aspects of the buildings’ heritage.
“There is an abundance of such opportunities in the capital and Temple Bright has a growing CV for this kind of work.”
Oliver added: “It has been a pleasure working with Julia and Temple Bright on both of our current London projects. Julia brings a refreshing pragmatism and familiarity with the industry, which she constantly deployed to our advantage as developers – freeing us up to apply ourselves to design and execution with the benefit of a trusted adviser ensuring that nothing was missed in the contractual details. We look forward to working with Julia on the next scheme.”
Temple Bright co-founder Tim Summers said: “This is the latest in several cutting edge central London real estate projects on which Temple Bright has advised. Congratulations to Oliver and Ted, and Julia for her role in bringing these schemes to fulfilment.
“It is a real privilege to be able to act for forward-thinking and dynamic clients like Sätila Studios and to see firsthand the fruits of their efforts, and of our support, in beautiful, reimagined buildings.”
Temple Bright was launched in Bristol in 2010, using a tech-enabled, streamlined business model. It opened a second office in London EC2 in 2013 and now has 74 partners, evenly spread across the two locations.
The firm advises clients ranging from start-ups to PLCs across a range of sectors, with significant expertise in real estate and construction work.
This article appeared in the Bristol Business Newsletter on 23 October 2020.