Mace wins pre-construction deal on £500m Shoreditch towers
Malaysian investor AlloyMtd Group has confirmed Mace has won the pre-construction services deal for its £450m One Crown Place project in east London.
One Crown Place is situated on the edge of the City of London and will consist of two residential tower blocks above an office podium building.
Currently the site is being prepared for construction with piling due to start in March 2017 and construction is set to be completed by summer 2020.
Under the pre-contract services agreement Mace will work with AlloyMtd Group to design and procure the sub-contractor packages, the first part of a two-stage construction process.
It is hoped that a major project contract will then be signed in autumn 2017.
AlloyMtd Group President and Chief Executive Officer, Tan Sri Dr Azmil Khalid said: “This is the first project of its type that AlloyMtd has developed in central London and we very much look forward to working together with Mace and CBRE to deliver this new London landmark.”
Mace COO for Construction, Gareth Lewis, said: “It’s a complex and challenging project and we will be drawing upon our extensive experience in this field to create a high-value, high-rise development that leaves a lasting legacy for London.”
The Shoreditch site is bordered by Earl Street, Crown Place, Sun Street and Wilson Street.
Designed by architects Kohn Pedersen Fox, One Crown Place development is expected to be completed in 2020 providing 246 private apartments.
The office space is to be housed in two buildings: a new podium building and the refurbished 54 Wilson Street building, providing 120,000 sq ft and 20,000 sq ft of net floor area respectively.
Aaron Morby - Construction Equirer