Skanska has initiated the construction of two office blocks in London’s West End, marking a significant development phase.
- The £197m contract was awarded by a venture between Grosvenor and Mitsui Fudosan UK, aiming to redevelop South Molton Street.
- Spanning 24,800 square metres, the project involves demolition and construction, with completion anticipated by July 2027.
- Retail, leisure, and food outlets, as well as the renovation of a historic public house, form part of the extensive project scope.
- Situated near Bond Street, this endeavour is poised to transform the strategic area within Mayfair, enhancing its commercial footprint.
Skanska’s latest venture, nestled in the bustling locale of London’s West End, inaugurates the construction of two prominent office buildings. This ambitious project, valued at £197 million, is propelled by the collaborative efforts of Grosvenor and Mitsui Fudosan UK. The redevelopment of South Molton Street stands as a pivotal component of a broader initiative to rejuvenate the area south of Bond Street tube station in the heart of Mayfair.
The project’s staggering expanse covers 24,800 square metres, underscoring a substantial transformation. It entails the meticulous demolition of existing structures to pave the way for the new buildings, which are destined to offer 13,800 square metres of Category A-standard office space. This undertaking reflects a commitment to modernising the neighbourhood and its infrastructure.
Among the project’s highlights is a diverse array of retail, leisure, and food and beverage outlets, seamlessly integrated to cater to the area’s vibrant lifestyle demands. Notably, the Running Horse public house on Davies Street is earmarked for renovation, blending historical preservation with contemporary development.
Construction has already commenced with an eye towards completion in July 2027, signalling a carefully scheduled endeavour. The project’s strategic position near the Bond Street station serves to enhance its accessibility and future commercial appeal, reinforcing Mayfair’s position as a premier business hub in London.
The South Molton project by Skanska underscores a transformative period for London’s West End, blending innovative construction with historic preservation.
