Contractor will build two major new buildings in Victoria as revealed in Building
Lend Lease has confirmed it has secured a £170m construction contract with Land Securities for two new buildings in London’s Victoria as predicted in Building in September.
The firm said today that it would undertake the construction of the buildings, designed by Lynch Architects, on the site of the former Kingsgate House.
The first block, The Zig Zag building, is a 12 storey commercial and retail block, and the second, Kingsgate, is a 14 storey residential building for up to 100 luxury apartments.
Building revealed back in September that Lend Lease had been lined up for the job - then estimated to be worth £150m - beating off competition from Mace and Sir Robert McAlpine.
It emerged the following month that Land Securities had given the green light to building out the scheme, part of the developer’s wider 2 million ft2 redevelopment of the area.
Lend Lease Group chief executive and managing director, Steve McCann, said today that the contract award continues the momentum of the firm’s construction business in Europe and the Middle East.
Recent contract wins have included a £90m Technology & Innovation Centre for Strathclyde University in Glasgow and the £70m Cramlington hospital in Northumbria.
“Lend Lease has a strong history of commercial construction delivery in London,” said McCann. “We are delighted to be working with our longstanding client, Land Securities, and look forward to continuing our strong and collaborative relationship.”
Completion of the Land Securities project is expected in 2015.