Grosvenor has appointed Sir Robert McAlpine to build a 40,000 sq ft office at 18-20 Grosvenor Street.
Arranged over six floors, the floor plates will range from 4,000sq ft to 7,800 sq ft. The scheme also includes two retail units, at 18 Grosvenor Street and 20 Brook’s Mews. Target completion date is early 2015.
This latest opportunity is the next step in Grosvenor delivering part of a significant office pipeline in Mayfair that totals 170,000 sq ft and includes several other schemes on Grosvenor Street as well as two projects on Davies Street.
Commenting on the latest project, Ian Morrison, Grosvenor’s London estate development director said: “This development will offer the best of Mayfair focusing on design excellence and the quality of space in one of the most desirable office addresses in London. We are delighted to be working with Sir Robert McAlpine again and are very excited to be starting this project.”
Vince Corrigan, Main Board Director and Regional Manager for London and South East for Sir Robert McAlpine Ltd, added: “We have a long standing relationship with Grosvenor on its London estate and we are proud to have been entrusted again with the delivery of another prestigious and exciting development”
The main project team comprises:
• Architects - BFLS
• Quantity Surveying and Contract Administration - EC Harris
• Engineers - Ramboll
• CDM - Capita
• Planning – Gerald Eve
• Office Agent – Knight Frank
• Retail Agent – CBRE
For more information contact:
Naomi Curtis/Sorrel Basher, Press Office
020 7312 6479/6101
Notes to Editors
Grosvenor is a privately owned property group with offices in 18 of the world’s most dynamic cities. The Group operates and invests in three different business areas; direct proprietary investment in real estate through our Operating Companies in Britain & Ireland, the Americas and Asia Pacific; indirect proprietary investment in real estate managed by others, which is the responsibility of the holding company; and our international fund management Operating Company - Grosvenor Fund Management - which manages capital on behalf of investors. As at 31 December 2011, the Group had total assets under management of £12.5bn. Unusually for a private company, Grosvenor publishes a full Annual Report & Accounts, available at: www.grosvenor.com
Grosvenor Britain & Ireland’s strategy emphasises the creation and management of successful places, with a particular focus on high-end residential and mixed-use. The core portfolio comprises 300 acres of Mayfair and Belgravia in London, which first came into the Grosvenor family in 1677. Ownership and active management of its London estate remains at the heart of Grosvenor Britain & Ireland’s strategy. Investment assets comprise the largest part of its portfolio. Grosvenor Britain & Ireland also undertakes development across London, and in selected city centres around the UK.