£850m towers of London deal sealed

26th April 2017

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SOBEN have secured a commission to prepare bills of quantities for main contractor Multiplex Construction Europe on the massive One Nine Elms mixed-use skyscraper development in London.

It forms part of the wider and hugely ambitious Nine Elms project, which is the largest regeneration scheme in Europe, involving the creation of a whole new district of the city.

One Nine Elms is an £850 million scheme to build two massive towers containing a mixture of residential apartments, office accommodation, retail space and a hotel.

The buildings – City Tower and River Tower – will soar to heights of 199.4 metres (654 feet) and 160.1 metres (525 feet) respectively on completion and they will be the sixth and seventh-highest buildings in the United Kingdom.

River Tower will also be the first residential skyscraper in London to be fully serviced by a five-star hotel. Elms4The developers are Dalian Wanda, who are one of China’s biggest companies, boasting a diverse portfolio that includes more than 70 shopping malls, 530 cinemas and 100 department stores around the world.

Soben Managing Director Scott Smyth said: “The fact we have secured this contract shows the confidence that contractors have in our ability to deliver to tight timescales on prestigious projects. It’s great for our team to be involved in such high-profile projects – and it will provide the basis for invaluable experience for the new undergraduate trainees we have recruited.

“We are pleased to support the successful delivery of this important mixed-use development, which will bring high-quality residential apartments, a five-star hotel, world-class amenities and public spaces for the community to enjoy.

“We are pleased to be awarded the agreement for One Nine Elms, as it reflects the depth and breadth of experience we have in this sector and builds on the success of similar projects we have been involved with across London.”

The One Nine Elms development stands at the entrance to the Vauxhall Nine Elms Battersea Opportunity Area, which will transform two miles of the south bank of the Thames into an ultra-desirable residential quarter, international business district and outstanding cultural and leisure destination at a cost of £15 billion..

It will include new schools, two new Tube stations, the relocated US embassy and the complete transformation of Battersea Power Station, where thousands of new homes and shops are planned.

It is estimated that 25,000 new jobs will be created plus 20,000 jobs during the construction phase, which is due to be completed by 2020.

In September, Apple confirmed they would move 1400 employees from their offices near Oxford Circus to Battersea Power Station, leasing 500,000 sq ft across six floors.

Soben have already secured contracts in London at the International Quarter, Royal Albert Dock and City, University of London.

The company also recently announced that they had established a base in London, reflecting their growth into the UK capital and the south-east.