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25/06/2013

Skanska To Construct £260m New Ludgate Building

Land Securities Group has appointed Skanska as its main contractor to design and construct its new mixed-use development in the City of London.

The £109m construction contract will start in August 2013 and be completed in April 2015. It is designed to meet the BREEAM 'Excellent' standard.

The 379,000sqft scheme is close to St Paul's Cathedral. Two office buildings will be linked by a public piazza and improved pedestrian routes, with 33,000sqft of retail and restaurant facilities at ground and basement levels.

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The contract includes design and construction, to Category 'A' fit-out on selected floors, plus public realm works.

The new development is already well connected with existing local transport links, but in 2018 access to Crossrail, Thameslink and London Underground will be within easy reach when works at the nearby Farringdon Station are completed, making this a highly sought-after City location.

(CD/JP)

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