Three firms had been chasing Paternoster Square scheme being masterminded by Oxford Properties
Bovis is the frontrunner to land a £200m deal to refurbish and extend the headquarters of the London Stock Exchange at Paternoster Square, Building understands.
The job is one of the biggest currently being tendered in London with the firm closing in on the Square Mile scheme having edged ahead of rivals Wates and Structure Tone.
Bovis, when it was known as Bovis Lend Lease, built the existing scheme called King Edward Court, a seven-storey building designed by Eric Parry which was completed in 2003.
The updated scheme was given the green light by the City earlier this month and the revamp, drawn up by four-year-old London practice Carter Gregson Gray, will include a new double-height glazed lobby designed to exhibit the market’s daily opening and closing ceremonies to spectators on Paternoster Square.
It will also see the addition of several roof level extensions including a new double-height events pavilion, a single-storey roof terrace pavilion and a single-storey extension to the corner of the building.
Substantial outdoor space would be added to the site including a new roof terrace providing some of the City’s closest views of the dome of St Paul’s Cathedral, along with a series of balconies at levels three, four and five facing Paternoster Square
Oxford Properties and developer Hines are the building’s long-term leaseholders, with the former acting as the scheme’s main applicant.
London Stock Exchange Group is understood to be planning to move into the neighbouring Allies & Morrison-designed St Martin’s Court for two years while the refurbishment is carried out.
Oxford Properties’ team for the wider refurbishment includes G&T on costs, WSP on structures, Newmark on planning, M3 Consulting as project manager, Turley on ESG, Velocity on transport, Arup on facades and Studio GB on landscape. Watkins Payne is M&E and sustainability consultant.
Meanwhile, Bovis is one of four firms set to return bids at the end of the month for a £300m scheme to build a new academic building in west London specialising in Artificial Intelligence for Imperial College. The others chasing the job are Sir Robert McAlpine, Mace and Multiplex.
Allies and Morrison is lead architect on the project with the team also including project manager M3 Consulting, structural engineer AKT II and cost consultant Gardiner & Theobald.
Buro Happold is also working on MEP alongside DP9 on planning, Eckersley O’Callaghan on facade maintenance, OFR on fire, Sweco on building control, WSP on air quality and Robert Bird on programme.
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