The next slew of work at developer Argent’s King’s Cross scheme could go in for planning as early as next month
The next slew of work at developer Argent’s King’s Cross scheme could go in for planning as early as next month, Building understands.
Argent is expected to seek approval to build the next section of its £2bn regeneration project, known as the “T-zone”, which incorporates around 400,000ft2 of offices and retail space in the north-west corner of the 67-acre site.
Subject to planning permission, construction is expected to start later this year. Argent declined to comment on the timeframe for the T-zone.
But Phil Sullivan, Argent’s newly appointed construction director, confirmed that Bam has been appointed to build the Thomas Heatherwick-designed Coal Drops retail quarter at King’s Cross, as first revealed by Building last December.
Sullivan also revealed steel specialist Severfield has been selected to work on the distinctive billowing main roof structure at the retail scheme.
Argent is currently spending around £1m per day on construction at King’s Cross, according to Sullivan, who described the area’s transformation as “incredible”.
With only at most five years of work left at King’s Cross, market interest is now turning to Argent’s next big London project: Brent Cross - being developed with US firm Related.
This scheme has a potential pipeline of 20,000 homes and 7 million ft2 of office space.
Sullivan said the challenges the developer faces at Brent Cross will be sourcing the capacity in the market to deliver it and pricing.
The “industry is struggling with capacity” on the back of a “hugely tight labour shortage”, which is impacting on prices, Sullivan added.
He said the sector needs to make itself “more accessible in terms of skills”.