Scheme will almost double office space in block above Bond Street station
McLaren has been confirmed for a scheme to redevelop a 1970s shopping centre on London’s Oxford Street for British Land.
Building revealed last year the firm had been appointed to a PCSA for the job, which is called West One, having beaten remaining rival Wates. Sisk and Kier also priced the job but their bids fell away earlier in the process.
The value of the deal was originally thought to be around £75m but the design and build contract has now been put at £99m.
The scheme by AHMM was given the green light in summer 2022 and the practice’s plans will see the demolition of much of the six-storey West One Shopping Centre, above the southern entrance to Bond Street underground station. Office space will be almost doubled to 93,500sq ft.
The current building’s top four storeys will go altogether and its first and ground floor levels will be partly removed – along with the facades of the retained sections of the building.
The redeveloped site will run across seven storeys with McLaren now beginning preparatory work ahead of work starting in earnest later this year. The job is due to finish in the first quarter of 2029.
Others working on the scheme include cost consultant G&T, project manager CPC, structures consultant Arup and M&E consultant Hoare Lea.
British Land is developing the job with Norges Bank Investment Management, the Norwegian investor which has a 75% stake in the scheme.
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