Firm to provide pre-construction work on one of a cluster of office buildings for British Land
Contractor Wates has been appointed to work on a key part of British Land鈥檚 拢180m development at Kingdom Street in Paddington.
Wates has been appointed to do pre-construction work on 4 Kingdom Street, which is part of the 拢180m development of 4 and 5 Kingdom Street.
According to construction analyst Barbour ABI, 4 Kingdom Street, which is designed by architect Allies and Morrison, is worth 拢80m.
Work on the scheme is not due to start on site until the end of 2015.
The office building is part of a wider development next to Paddington station being undertaken by British Land that has a total budget of 拢470m.
In a joint statement British Land and Wates said: 鈥淔ollowing the conclusion of the first stage of a two-stage tender process, Wates has been appointed under a preconstruction services agreement to work up a fixed-price lump-sum offer pursuant to entering into contract for the construction of 4 Kingdom Street.鈥
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