BAM has secured a contract worth £95m from commercial property firm W.RE for the redevelopment of a 230,000ft2 St Pancras Campus in Camden, London.
Under the contract, the company will be responsible for the construction of offices, retail and two separate residential buildings transforming an underutilised industrial estate on a 1.2 acre self-contained ‘island’ block near St Pancras Hospital.
Designed by Caruso St John, the St Pancras Campus will also include construction of a new micro park.
The various buildings in the campus are connected by a common basement and will be serviced by an internal street that runs through the main commercial building.
The new building will include air source heat pumps, solar panels, along with blue and green roofs.
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BAM Construction London region director Rod Stiles said: “This scheme extends northwards the transformation of Camden, with which BAM is intimately associated, and has that same regenerative feel.
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By GlobalData“I am impressed by the way a strong collaborative approach has already been developed around the project which is a very encouraging sign and an important factor in delivering any signature scheme of this scale and maximising the asset’s value.”
Upon completion scheduled in 2024, the development is expected to attract science and technology firms.
BAM stated that half of the office building is already under offer to a technology company.
W.RE CEO Sascha Lewin said: “This placemaking opportunity to re-imagine a 1980s industrial site has sustainability and social value at the heart of our project.
“We are delighted to be playing our part in innovative ESG with onsite energy generation and the sustainable employment opportunities in the form of our apprenticeship schemes, which will provide employment and training opportunities for people during construction but also going forward.”
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Illustration of 230,000ft2 St Pancras Campus in Camden, London. Credit: BAM Construct UK.