Skanska secures £240m commercial building contract in London

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commercial building, 20 Ropemaker Street,

Skanska has secured a £240m commercial building contract to construct 20 Ropemaker Street in Central London for Great Elm Assets Limited

Skanska will also install mechanical, electrical and plumbing (MEP) engineering services in the 25-storey commercial building, 20 Ropemaker Street.

The existing buildings are currently being demolished in advance of construction commencing.

The commercial building scheme consists of 419,093 sq ft of office space and 11,785 sq ft of ground-level retail space.

20 Ropemaker Street sits at a prominent position in London, with the junction of Finsbury Pavement and will rise 112m high above pavement level, with a double-height retail unit within a ‘street block’ along Finsbury Pavement.

The project includes the creation of a double-height entrance and lobby along Ropemaker Street close to Moorgate Tube Station and a separate dedicated cycle entrance. A single storey of business space will be located at mezzanine level within the ‘street block’.

Office space will cover 22 floors, with five accessible roof terraces. Three basement levels are provided for retail servicing, plant, facilities management, cycle and shower facilities.

Skanska has won the 20 Ropemaker Street contract for its customer, Great Elm Assets Limited, in association with Old Park Lane Management Limited and their development partner CO—RE.

Using innovative construction techniques

Steve Holbrook, managing director of Skanska’s London commercial building business, said: “We are delighted to win this contract and to welcome Great Elm as a customer. The project is aiming to achieve BREEAM ‘Outstanding’ and WELL Building Standard Version 2 – Platinum and we will use innovative construction techniques to help the client realise this ambition.

“Our innovative approach enables us to deliver better and more effective projects for customers and we look forward to working with our customer to achieve this on Ropemaker Street.”

The project has sustainable construction techniques at its heart that include:

  • Efficient use of water and energy
  • ‘zero waste to landfill’
  • Materials that mitigate the impact of our operations on ecosystems.

Designed by Make Architects, other consultants on the scheme include WT Partnership (quantity surveyors), Waterman (structural engineer) and Hilson Moran (services engineer, including sustainability).

Work on the new commercial building is due to start in the first quarter of 2020 and will be completed early in 2023.

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