Investment management firm Barings and LBS Properties have appointed Kier to design and construct their $81.8m (£69m) commercial development at 135 Park Street, in London.
The new 12-storey sustainable mixed-use building in Southwark extends the regeneration of Bankside eastwards and will be located close to Shakespeare’s Globe theatre and the Tate Modern.
The 148,486ft² building will have 12,900ft² of affordable workspace, 131,900ft² of office space, and 1,500ft² of retail space.
It will have large windows, external spaces, and green landscaping on the roof, along with panoramic views of the city.
The company stated that 135 Park Street has been designed to achieve specific UK Green Building Council (GBC) upfront carbon targets.
It will use some sustainable elements such as low carbon concrete, a largely prefabricated façade, and efficient mechanical and engineering (M&E) services with SMART technologies to reduce carbon concrete during the construction and throughout the life cycle of the building.
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By GlobalDataKier Construction London, South & Strategic Projects managing director David McKenzie said: “We bring Kier’s extensive experience and technical expertise to this project, delivering large scale commercial developments on tight inner-city sites, using modern methods of construction and offsite production.
“In line with our Building for a Sustainable World framework, we will be using carbon minimising construction materials and techniques to deliver this green building as a showcase for our client.”
The company noted that the new development will be designed to achieve BREEAM ‘outstanding’ rating, as well as a 5-star National Australian Built Environment Rating System (NABERS) rating.
In April this year, Kier completed the construction of St Sidwell’s Point, a Passivhaus leisure centre in the UK.