Construction on the £500m development is set to start in April
Mace has been confirmed as the main contractor on Malaysian developer AlloyMtd Group’s £500m One Crown Place development in the City of London.
The main contract was signed today, following Mace delivering the pre-construction services on the job.
Construction is due to start site in April, with the project set to be completed by the end of 2020.
The developer said it had chosen Mace “because of its experience in building high quality and complex developments”.
Gareth Lewis, Mace’s chief operating officer for construction, said: “After working on the pre-construction phase of One Crown Place we’re very pleased to have Mace’s role confirmed on the construction of the project.
“The project’s unique design will make for a complex construction delivery, particularly the engineering behind the three-storey steel truss that supports the two towers.”
Designed by Kohn Pedersen Fox, One Crown Place will provide two residential towers housing 246 apartments located above a podium.
The plans also include 140,000ft² of office space, which is to be housed in two buildings: 120,000ft² will be in the new podium building and 20,000ft² in 54 Wilson Street, which is to be refurbished.
There will be retail space at ground level of all the buildings.
Meanwhile, the last remaining Georgian terraces on Sun Street that front the scheme are to be restored and retained to provide 22,000ft² of space to house a hotel and leisure/restaurant space.
Global property firm CBRE was appointed by AlloyMtd Group in 2015 to act as development manager to sell the site’s private apartments and lease the commercial space.