Construction company Skanska has secured a £240m contract to deliver 20 Ropemaker Street, a commercial development in Central London.

Skanska will deliver the project for Great Elm Assets in association with Old Park Lane Management and its development partner CO-RE.

The 25-storey project will consist of 419,093ft² of office space and 11,785ft² of retail space at ground level.

As part of the contract, Skanska will also install mechanical, electrical and plumbing engineering services at the project. At present, the existing buildings are being demolished for the new building’s construction to begin.

The project is expected to include double-height entrance and a lobby along Ropemaker Street close to Moorgate Tube Station and a separate entrance dedicated for bicycles.

A single-storey of business space will be located at the mezzanine level within the ‘street block’. The construction firm said that 22 floors of offices, with five accessible roof terraces, will be available for occupying.

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The project also includes three basement levels for retail servicing, plant, facilities management, cycle and shower facilities.

Skanska said that the project will be built using sustainable construction techniques, such as efficient use of water and energy, ‘zero waste to landfill’ and materials that reduce the impact of operations on ecosystems will be used.

The building has been designed by Make Architects. Other consultants for the project include WT Partnership, (quantity surveyors), Waterman (structural engineer) and Hilson Moran (services engineer, including sustainability).

Construction on the project is expected to begin in the first quarter of this year and will be completed in early 2023.

Skanska building managing director Steve Holbrook 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.”


Image: Rendering of Great Elm Assets’ new building on 20 Ropemaker Street in Central London. (Credit: Skanska.)