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23/07/2014

Wates Begins Work On Office-Led Regeneration Scheme

Wates Construction has started work on Development Securities and SWIP Property Trust's final phase of its office-led regeneration project in London.

Work on the new 167,000 sq ft 11-storey building, on the site of 12 Hammersmith Grove, includes speculative Grade A office provision, retail space and additional public realm works adjacent to Hammersmith tube station and opposite the Lyric Square in the centre of Hammersmith.

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The move on site comes shortly after Wates was awarded a £41m contract to build the scheme, which followed completion of the neighbouring 10 Hammersmith Grove last year. The development included 110,000 sq ft of office space and 6,000 sq ft of cafes, restaurants and public space.

Designed by Flanagan Lawrence, 12 Hammersmith Grove was funded by SWIP Property Trust, part of Aberdeen Asset Management, and is being delivered on the site of a former car park.

The project is scheduled to reach completion for spring 2016.

(CD/JP)

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