The project is due to start enabling works in March next year with completion due in 2020
Mace has been confirmed as the pre-construction services provider on Malaysian developer AlloyMtd Group’s £500m (GDV) One Crown Place in London.
Building revealed in September that Mace was beign lined up for the job and that consultant Gardiner & Theobald had replaced Aecom on the scheme as quantity surveyor.
AlloyMtd said the contractor was chosen because of its experience in building high quality and complex developments.
Designed by Kohn Pedersen Fox One Crown Place located on the edge of the City of London will provide two residential towers housing 246 apartments located above a podium.
The plans also include 140,000 sq ft of office space, which is to be housed in two buildings: 120,000 sq ft will be in the new podium building and 20,000 sq ft in 54 Wilson Street, which is to be refurbished.
Meanwhile, the last remaining Georgian terraces on Sun Street that front the scheme are to be restored and retained to provide 22,000 sq ft of space to house a hotel and leisure/restaurant space.
Retail space is to be distributed across the ground floor of all of the buildings.
AlloyMtd expects to sign the main contractor contract in autumn next year and is planning to have the development completed by summer 2020.
Currently the site is being prepared for construction with piling due to start in March 2017.
Consutlant CBRE was appointed by AlloyMtd in 2015 to act as development manager, to sell the site’s 246 private apartments and lease 140,000 sq ft of commercial space.
AlloyMtd Group president and chief executive Tan Sri Dr Azmil Khalid said: “Mace’s wealth of experience will ensure that the construction of this development can move forward rapidly and efficiently, despite the logistical challenges of the site.
“This is the first project of its type that AlloyMtd has developed in central London and we very much look forward to working together with Mace and CBRE to deliver this new London landmark.”
Gareth Lewis, chief operating officer for Construction at Mace, said: “I’m delighted that Mace has been appointed to deliver this prestigious mixed-use scheme for AlloyMtd in the heart of the financial district. It’s a complex and challenging project and we will be drawing upon our extensive experience in this field to create a high-value, high-rise development that leaves a lasting legacy for London.”