British construction company Laing O’Rourke has signed contracts worth £195m with Derwent London for the Soho Place, a mixed-use scheme that is being developed on Tottenham Court Road W1.
Located above the new Tottenham Court Road Crossrail Station, Soho Place will consist of a 10-storey building with retail and office space, along with a nine-storey building split into three office floors above a 600-seat theatre, the first to be constructed in the West End of London for over 50 years.
Laing O’Rourke, which has been appointed preferred bidder in July 2018, has been delivering enabling works for the project.
The signing of the contract marks the commencement of main construction. The team will concentrate on some intricate piling above and around the web of services and tube lines that sit below the site.
The development is scheduled to be completed in November 2021.
Laing O’Rourke head of UK Building Liam Cummins said: “We look forward to delivering Soho Place, further strengthening our partnership with Derwent London.
“This will be a landmark project, sitting at 1 Oxford Street, and interconnected with the Crossrail upgrades to Tottenham Court Road, which we are also delivering.
“Laing O’Rourke has the ability to drive certainty into the delivery programme through our in-house capabilities along with a fully integrated supply chain and advanced digital engineering and offsite manufacturing.
“The project is in total alignment with our 2025 mission to be the recognised leader of innovation and excellence in the construction industry.”
Currently, Laing O’Rourke is delivering Derwent London’s 16-storey Brunel Building, an office development in London, which is due for completion in 2019.
Derwent London head of development Richard Baldwin said: “We are very excited about the prospects for Soho Place, which will be a great building in one of the best locations in London.
“We are also very pleased to be working with Laing O’Rourke, who we believe have the capabilities to deal with the complexity of the site.”
Image: Soho Place in London. Photo: Courtesy of Laing O’Rourke.