Skanska Solution awarded £150 million contract to design and construct The Walbrook

Press release 08/08/2007 00:00 CET

Skanska has been awarded a £150 million contract to design and construct The Walbrook, a striking new office and retail development in the heart of the City of London.

When complete, The Walbrook will provide a gross area of 600,000 sq.ft, including 410,000 sq.ft of Grade A net letable area and 35,000 sq.ft of retail and restaurant accommodation. The client for the project is Minerva, for whom Skanska successfully completed 90 High Holborn in 2003 and the redevelopment of the company’s own headquarters on Wigmore Street in 2002.

Skanska has combined its in-house skills to offer Minerva an unrivalled combination of expertise, spanning design, construction, mechanical and electrical engineering, piling, and steel decking. Whilst construction is underway, the site will be one of the largest in London, occupying 1.6 acres of land on the corner of Walbrook and Bond Court and will boast a feature 50 metre-long frontage on Cannon Street.

Main construction work has now commenced and completion is scheduled for late 2009.

“We are delighted to be renewing our excellent relationship with Minerva,” said David Fison, Chief Executive, Skanska UK. “Combining our in-house skills gives us real competitive advantage and has enabled us to offer Minerva a solution tailored to their needs. I’m very proud of the team for developing such an excellent solution on what promises to be a very exciting scheme for us and for the City.”

Skanska’s professional team for the project includes Foster & Partners (Architects), Arup (engineer) and Roger Preston & Partners (M&E design).