Lendlease lands £40m Croydon office

Aaron Morby 3 years ago
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Schroder UK Real Estate Fund and Stanhope have appointed Lendlease for the first of five office buildings at the £500m Ruskin Square quarter next to East Croydon Station in London.

Work on the 200,000 sq ft office with ground floor shops is just starting on the with completion expected in autumn 2016.

The appointment builds on Lendlease’s recent run of London contract wins such as Legal & General’s office building in Hammersmith and the Rathbone Place scheme just off Oxford Street.

Ruskin Square Croydon gateway

The joint developers hope Ruskin Square’s 1.25m sq ft office scheme will meet a growing demand as grade A office accommodation in the central London market grows scarce.

Their Ruskin Square development will also provide up to 625 homes shops cafes, restaurants and public space.

Work on the first residential phase at Ruskin Square began last July, with Places for People appointed to build and manage the construction of 161 high quality homes, due to be completed in 2016.

Neil Martin, Managing Director, Construction at Lendlease, said: “We are looking forward to working with Stanhope and Schroders on this pivotal development in a part of South London that is set to undergo a remarkable transformation over the next few years.

Lendlease has worked with Stanhope since they formed in the late 1980’s and over the past 12 months has completed Building 7 on Chiswick Park, the award-winning business district; the BSkyB Meeting Centre, and St James’ Gateway, the acclaimed mixed-use West End development for the company.

Other Lendlease and Stanhope London office collaborations include Broadgate, Central Saint Giles and Unilever House.

Ruskin Square

Lendlease’s first office project at £500m Ruskin Square scheme

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