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Wed November 29 2023

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Derwent picks Skanska for £125m Old Street office block

21 Jun 19 Skanska has been signed up to build The Featherstone Building in the Old Street area of London for developer Derwent London.

The Featherstone Building is designed by architect Morris & Company
The Featherstone Building is designed by architect Morris & Company

Skanska will begin work on office development in September 2019, on the corner of Featherstone Street and City Road, in London EC2.

Resolution to grant planning permission was obtained in February 2016. Demolition of the existing Monmouth House buildings on the site started in January 2019.

Skanska is scheduled to complete in November 2021 under a £57.6m main construction contract. Gross development value of the project is £125m.

As well as the main build, Skanska will also design and install the mechanical, electrical and plumbing engineering services. Cementation Skanska is designing and installing the contiguous and rotary bored piling works.

The Featherstone Building will have an internal floor area of about 1,160 m2 (125,000 sq ft) and a 90-metre-long façade at the front of the building. It is designed to look like four separate office blocks that vary in height and colour.

The Featherstone Building, designed by architect Morris & Company, is targeting both BREEAM 2014 Outstanding and LEED V4 Platinum environmental accreditations.

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The cladding system will include windows that open to provide natural ventilation to the offices and the project also incorporates green roof areas, photovoltaic cells, a combined heat and power unit and a large attenuation tank formed under the basement slab. Future connection to a district heating system is included within the services, plant and basement designs.

Consultants on the scheme include structural engineer Heyne Tillett Steel, WSP Services and Eckersley O’Callaghan as façade engineer.

Skanska managing director Steve Holbrook said: “After delivering a successful project, The Copyright Building, on time and to an exceptional standard for our customer in 2017, we are delighted to be working with Derwent London again on The Featherstone Building.

“Our strong relationship means we will work together to deliver a building that embraces the latest sustainable techniques, reducing the amount of carbon used during both the construction phase and when the building is occupied.”

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