Developer YardNine, together with its funding partner Invesco Real Estate, have awarded a £50 million construction contract to McLaren Construction to deliver 50 Eastbourne Terrace.
Once completed in late 2021, 50 Eastbourne Terrace will offer 75,000 sq ft of Grade A office accommodation, 10,000 sq ft of retail space and a terrace of seven mews houses.
Led by operations director Neil Smith, McLaren has appointed its key sub-contractors on steelwork, cladding and mechanical and electrical services. This will follow the work done by J F Hunt, which was appointed in 2019 to undertake the demolition of the existing building on the site.
Campbell MacDougall, Partner at YardNine commented: “McLaren has demonstrated a proactive attitude in quickly closing out the building contract, managing and liaising with J F Hunt who are currently on-site and progressing matters with the design team and principal sub-contractors. We look forward to working with Neil and his team.”