Skanska bags £97m New Street Square contract


Skanska bags £97m New Street Square contract


The contract involves the construction of One New Street Square, a 20-storey building in the Holborn area of Central London that is owned by the commercial property company Land Securities.


According to Skanska, it will use its expertise in construction, mechanical and electrical engineering and the installation of bespoke ceilings to deliver a modern office building over 20 floors.


Amongst the prominent features of the new development are two basement levels with parking and changing facilities for tenants; an upper ground floor with a reception area, retail units and a loading bay; commercial office space over 14 floors; and two rooftop plant levels.


The contractor is aiming for a BREEAM Excellent rating, which it will achieve using sustainable approaches such as efficient use of water and energy, minimising waste and maximum use of zero carbon materials during the construction period through the. Additionally, the building will have a bespoke glazed-framed unitised cladding system with solar shading fin features.


The managing director at Skanska, Paul Heather, said: “Securing this contract is excellent news for Skanska. Over the years the team has worked hard to deliver a number of excellent, prestigious projects in London for Land Securities.


“This has enhanced Skanska’s reputation in an increasingly competitive market, helping to create relationships with new clients and secure further work.”


The construction works will begin this month and are set to finish in the summer of 2016.


Photo: Construction Index