Skanska has been signed up by Consolidated Developments to build the £142m St Giles Circus development in central London.
The mixed-use scheme on the northern side of Denmark Street, known as ‘Tin Pan Alley’ due to its links with London’s musical heritage, forms the last part of the St Giles area redevelopment.
Sited close to Tottenham Court Road, the project will include a mix of offices, shops and leisure amenities.
The largest of the new buildings on the site will include retractable facade on its middle floors, according to Skanska, with its foundations straddling the new Crossrail tunnel below.
The contractor has consulted heritage bodies such as Historic England over the scheme, which will see refurbishment of several Grade II-listed buildings on Denmark Street.
The road was once home to the NME and Melody Maker, as well as recording studios used by artists including the Kinks, the Rolling Stones and Elton John.
Skanska managing director Steve Holbrook said: “We’ve worked hard with local businesses and organisations like Historic England to ensure the character of the area is retained and continues to serve music lovers into the future, through both its new and existing buildings.”
Construction work is due to begin this month and the scheme is expected to complete in early 2020.