Laing O'Rourke has commenced construction work on a new mixed-use scheme at Tottenham Court Road Crossrail Station in London.
The Soho Place development will include a 10-storey building with retail and office space, coupled with a nine storey building split into three office floors above a 600 seat theatre.
Derwent London and Laing O'Rourke exchanged contracts of £195 million for the development.
The construction team will concentrate on some challenging piling above and around the web of services and tube lines that sit below the site.
Liam Cummins, Head of UK Building for Laing O'Rourke, said: "We look forward to delivering Soho Place, further strengthening our partnership with Derwent London. This will be a landmark project, sitting at 1 Oxford Street, and interconnected with the Crossrail upgrades to Tottenham Court Road, which we are also delivering.
"Laing O'Rourke has the ability to drive certainty into the delivery programme through our in-house capabilities along with a fully integrated supply chain and advanced digital engineering and offsite manufacturing. The project is in total alignment with our 2025 mission to be the recognised leader of innovation and excellence in the construction industry."
Richard Baldwin, Head of Development of Derwent London, added: "We are very excited about the prospects for Soho Place, which will be a great building in one of the best locations in London. We are also very pleased to be working with Laing O'Rourke, who we believe have the capabilities to deal with the complexity of the site."
Soho Place is due for completion in November 2021.
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