McBains has been appointed to project monitor the first phase of the £1.7 billion Royal Albert Docks regeneration.
The full, six-phase mixed use development, next to London’s City Airport, will create 4.7 million square feet of mainly office space, together with residential, retail and public realm.
The scheme’s developers, ABP, seek to position the development as London’s third business district, attracting businesses from China and other parts of Asia.
“ABP’s plans for the Royal Albert Docks will transform a historic part of London into a vibrant destination to live, work and visit,” commented Gareth Hird, Director at McBains.
The first phase of the project, which includes seven office buildings, together with some retail usage on the ground floors, is scheduled to complete in 2019.
McBains’ instruction comprises two parts; the first on behalf of a syndicate of Chinese banks, led by the Bank of China; and the second on behalf of the mezzanine financiers, China CITIC Bank.
Chinese contractor CITIC Construction has been appointed as the main contractor, with Multiplex as principal subcontractor.
You might be interested in...
Maiden Lane confirmed as a Civic Trust Award Winner 2019
The London Borough of Camden's Maiden Lane scheme was selected as one of just 49 projects earlier this year to receive a Civic Trust Award but the final level of recognition – award winner, rather than commendation winner - was only announced on Friday March 1, 2019 at a glittering 60th anniversary awards ceremony at the Imperial War Museum North in Manchester.
Housebuilding Rates Increasing But Doubts Remain Over Government Housing Targets Being Met, Survey By McBains Shows
More than half of housebuilders increased the rate at which they built new homes over the last year and predict a further rise over the next 12 months, according to a new survey published today.
Maiden Lane Announced as Civic Trust Awards Winner
The London Borough of Camden's Maiden Lane scheme, for which McBains provided project management, cost management, mechanical and electrical engineering, clerk of works and building surveying services, has been selected to receive a Civic Trust Award 2019.