Skanska has been chosen as the preferred bidder for Phase 2 of Battersea Power station redevelopment worth £750m.
The Power Station is one of the largest brick buildings in Europe, with six million bricks used to construct it in the 1930s and 1940s. The former powerhouse of London is one of the most significant surviving examples of Art Deco architecture in the UK.
Skanska is expected to commence the enabling packages for the main works in March 2015. Works on the Power Station are scheduled for completion in 2019.
Philip Gullett, Chief Operating Officer at BPSDC, said: "Skanska's appointment to restore and refurbish the Power Station is further demonstration of our shareholders' commitment to the development and a major step towards opening up the Battersea Power Station to the public.
"Skanska is a leading contractor, with the experience and expertise to undertake the work required on this Grade II listed iconic building."
Preliminary works on the Power Station site, led by Mace the preliminary works construction manager, have been underway since October 2013.
The site handover from Mace to Skanska will be completed by the end of November 2014.
(CD/JP)
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