Skanska UK's combined expertise secures Development Securities contract - marking the start of Phase Two of PaddingtonCentral's regeneration.

Press release 28/04/2006 00:00 CET

Development Securities has today awarded Skanska UK a contract worth around £75 million to construct the next office building at PaddingtonCentral. The project funded by Morley Fund Management and DIFA Deutsche Immobilien Fonds AG begins immediately. The contract involves the design and construction of a 12-storey, state-of-the-art building, comprising 32,500 square metres (Gross External Area).

To undertake this project, Skanska has put together a team, which draws upon the expertise of its building, mechanical and electrical, ground engineering and specialist Operating Units. By creating this Skanska team, the company has offered Development Securities a unique approach, which meets technical requirements but which also draws on previous Skanska landmark building experience to provide a solution that will deliver a sustainable building which is sympathetic to its surroundings.

The project, known as One Kingdom Street, has been designed around two central atria to incorporate a core feature of six scenic passenger lifts. The building will comprise ten floors of flexible office space that sit in part above a two-story ancillary zone and deck structure recently completed to enclose future works access for the construction of London's Crossrail.

Skanska will also undertake key infrastructure works for Development Securities as part of this project. This includes the creation of an extensive access deck to One Kingdom Street and subsequent Phase 2 developments, construction of a new electrical chamber to serve the entire site and the installation of all primary services for the complete development.

One Kingdom Street, PaddingtonCentral is scheduled for completion in January 2008.

David Fison, Chief Executive of Skanska UK said: "It was clear to us that Development Securities were looking for more than a commercial office building. By combining key disciplines available to us from within Skanska UK, we have been able to offer them a solution which will deliver a fully complete and sustainable building¨

Julian Barwick, Joint Managing Director, Development Securities said: "With Skanska UK on-board and work commencing on site at One Kingdom Street it is an exciting time at PaddingtonCentral. I'm convinced that this phase of the project will follow the success that we have already seen at one of London's major strategic developments."

One Kingdom Street is located to the West of the PaddingtonCentral Phase 1 development. The location is defined by the elevated Harrow Road and Westway to the North and Main and London Underground lines into Paddington Station to the South.

The first phase of PaddingtonCentral was developed by Development Securities, Morley Fund Management and Equitable Life, and is fully let to major occupiers including Prudential, Chiltern plc and Kingfisher plc while two further buildings provide 221 new homes. The retail elements of the scheme not already open are under offer to a variety of shop, and restaurant occupiers. The 11-acre development has turned the derelict former railway yard into a dynamic living and working environment, supported by retail and leisure amenities. At the end of 2004, the scheme won the London Planning Award for "Best planning built project contributing to London's future".

One Kingdom Street - Key Facts
- State-of-the-art building which will include ten floors of office space.
- Atria centred around a core feature of six scenic passenger lifts.
- Office space sits in part above a two storey ancillary zone and a recently completed deck structure, which will enclose access for the construction of London's Crossrail.
- Five Skanska Operating Units form the team to undertake the construction of One Kingdom Street
- Construction
- Mechanical & Electrical services
- Piling & Foundations including Geothermal piles
- Steel Decking
- Ceilings & Plasterwork

- General construction comprises a long span steel frame with steel and concrete composite decks.
- The fire escape cores are of slip-form concrete, which will house "motor in shaft" fire-fighting lifts.
- A number of sustainable measures are being adopted throughout the construction phase in regards to energy & water use and waste management. Key Performance Indicators (KPI's) will be used to monitor continual improvement of environmental performance on site.
- Geothermal piled foundations are to be undertaken by Skanska's Piling and Ground Engineering Specialist. Heat recovered from the geothermal piles will be used to heat the atria and core zones within the building.
- 70 Solar panels will be installed at roof level to contribute to the building's domestic hot water services.
- Bore holes will be inserted within the Phase 2 area, from which water can be extracted for renewable energy to heat and cool future developments at PaddingtonCentral. In addition, bore holes will also be drilled to enable this water source to be replenished within the ground.
- External cladding is principally glazed curtain wall incorporating solar control glass and some elements of shading.
- The cores of the building will have aluminium rain-screen panels.
- The project is to be completed to Cat A specification with the Reception and Lavatories being fully fitted out.
- The Reception area will feature stone composite flooring, stone and leather wall linings and decorative feature glass panels with specialist lighting.
- Elements of the building are being prefabricated off-site, for example M&E services, toilet finishes and cladding units, which has enabled on-site construction periods to be reduced.
- The lavatory fit-out will utilize off-site unitised construction and features tiled floors, glass and tiled walls with veneered doors.