Contractor signs US$243 million deal for office buildings in Mayfair, London
05 November 2024
Sweden-based international contractor Skanska has signed a contract valued SKE2.6 billion (US$242 million) to construct two office buildings within a wider redevelopment area of South Molton, Mayfair, London, England, UK.
The project includes demolition of existing buildings across a 24,800m2 site.
Approximately 13,800m2 of office space will be added between the two novel constructions. The scheme also calls for provision of retail, leisure and food and beverage outlets.
“The building is targeting environmental standards BREEAM Outstanding for offices and Design for Performance to secure a NABERS 5 accreditation,” said Skanska. “It’s also targeting WiredScore Platinum certification.”
Construction is currently underway with a completion expected in July 2027.
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