May 16, 2020

Northacre awards Multiplex $528mn contract to redevelop London’s New Scotland Yard

multiplex
Northacre
London Construction
Residential construction
Tom Wadlow
2 min
New Scotland Yard
Multiplex has emerged as the preferred contractor to build a residential and commercial complex on the former Metropolitan Police HQ site at New Scotlan...

Multiplex has emerged as the preferred contractor to build a residential and commercial complex on the former Metropolitan Police HQ site at New Scotland Yard in London.

The $528mn project, named The Broadway and developed by Northacre, will see the construction of six 14-20-storey towers that will house 268 apartments and 142,000 sq ft of commercial and retail space.

Multiplex will take over the 1.7-acre site in January 2019 and expects to finish the development by December 2021.   

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David Harman, Development Director of The Broadway for Northacre, commented: “This is a major milestone for the project and demonstrates our commitment to delivering a world-class, vibrant destination located in one of the capital’s most exciting areas.

“We look forward to working alongside Multiplex to realise our vision and see them forge ahead with construction. To date, all milestones have been delivered ahead of programme, from securing planning consent in 2016, completing demolition of the existing 1960s’ 22-storey building in 2017 and more recently finishing the piling phase in June 2018.”

Multiplex fended off competition from Skanska to secure the development contract, with Mace and Sir Robert McAlpine also reportedly interested bidding for the work.

Finance for the project is coming from the UAE in the form of BL Development, an investment arm ran by Abu Dhabi Financial Group which bought the New Scotland Yard plot in December 2014 for $488mn.

Artist impression - Credit: Northacre
Artist impression (Credit: Northacre)

 

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Jun 24, 2021

Skanska invests $225m in Houston office project

Skanska
offices
Sustainability
Drones
Dominic Ellis
2 min
Skanska plans to build a 28-floor office tower in Houston as its London office receives WELL Platinum sustainability ranking and drone trials are underway

Skanska is investing US$225m in an office development project, 1550 on the Green in Houston, with construction expected to begin in June and scheduled to be completed in 2024.

The construction contract is worth US$125M, which will be included in the Q2 order bookings. International law firm Norton Rose Fulbright has signed a 15-year lease for about 30 percent of the building.

Located at 1550 Lamar Street, adjacent to Discovery Green, in downtown Houston, Skanska plans to develop and build a 28-floor, 34,800 square meter office tower.

1550 on the Green will be the first part of a three-block master plan by Skanska, which will transform the parcels into a distinguished district known as Discovery West and consist of 3.5 acres of mixed-use development full of restaurants, retail and lush green space. The project will target LEED and WiredScore Platinum certifications.

Since 2009, Skanska has invested a total of US$2.8 billion in commercial and multi-family projects, creating more than 1 million square meters of sustainable and community focused developments in select U.S. markets. Skanska USA had sales of SEK66 billion in 2020 with 7,600 employees in its operations.

Skanska’s flagship London office has set the standard in sustainable workspaces by becoming the first in the UK to achieve WELL Platinum under the new v2 pilot scheme.

The accreditation from the International WELL Building Institute (IWBI) was awarded through the v2 pilot, the newest version of the WELL Building Standard. It looks at all building features and management processes – from air and water quality to lighting, acoustics, nutrition, thermal comfort and mental wellbeing. It’s widely recognised as the industry yardstick for measuring how workspaces can contribute to the wellbeing of occupants.

The offices – which span three floors of the newly developed 51 Moorgate – contain floor-to-ceiling windows for extensive natural light, dedicated wellbeing and quiet spaces, as well as stringent air and water quality monitoring, among a range of other features that have helped earn the standard.

The company has also been exploring drone flights for use in industrial environments.

Peter Cater, Development Manager, said it was invited to carry out trials because of its use and knowledge of drone capability. "The trials have benefited everyone involved: sees.ai get to test their equipment and remote use of the drones and we get access to accurate, real-time data on our construction activities which benefits us and our customer, the Defence Infrastructure Organisation."

“Projects like this – at the forefront of innovation – go to show what an exciting industry construction is to be involved in. We are always looking for innovative ways of working, ways to be more sustainable so we can find better solutions for our customers. These trials are just one small part of our digital transformation journey.”

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