Developer General Projects plans to create 87,600 sq ft of office space for SMEs at the Laser House building, located near the Barbican.
The building will be largely retained, with only partial demolition of the structure and construction of extensions to the existing building fronting Goswell Road and Pear Tree Street.
Works, which are due to start later this year, are to include external alterations to the facades, windows, doors, improvements and upgrades to the office accommodation internally.
Founder and CEO of General Projects, Jacob Loftus said: “The innovative use of cross-laminated timber and recycled bricks will establish a new benchmark in the responsible reinvention of buildings”
Graham’s London office director, Rob Joyce said: “We’re excited to be working with General Projects who have an excellent reputation for repurposing sites with heritage and bringing them back to use while supporting the wider community.”