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Multiplex faces delay on £400m 100 Bishopsgate

Exclusive: Multiplex faces delays on its £400m 100 Bishopsgate tower after issues with the installation of its façade and the exit of its project director, Construction News can reveal.

CN understands the contractor is behind programme on the high-profile London job due to hold-ups in the installation of the glass facade.

Multiplex’s project director for 100 Bishopsgate, George Amy, left the company earlier this year, bringing a 15-year career at the contractor to an end.

The contractor began work on the £400m 181 m-high office tower for developer Brookfield Properties in 2015.

The 40-storey tower includes a full glass curtain wall for the facade of the building, which is being delivered by subcontractor Yuanda Europe.

The facade work was expected to be completed this summer but is now likely to miss its deadline, with large swathes of the building’s facade still incomplete.

Yuanda, which is backed by Chinese firm Shenyang Yuanda Aluminium Engineering Company, has delivered a number of contracts in Europe and the UK, including the multi-million-pound facade deal for the Cheesegrater.

It is also currently working alongside Multiplex on the £240m Aykon One London Tower in Battersea for Nine Elms Property. 

The news of the delay comes after 100 Bishopsgate project director Mr Amy exited the scheme and the company.

According to his LinkedIn profile, Mr Amy spent 15 years at the contractor, departing in March 2018 before joining rival Sir Robert McAlpine in June.

Previous experience listed by Mr Amy includes a spell as project manager for the Aldgate Tower, as well as the Pinnacle (22 Bishopsgate) and Wembley Stadium projects.

The 100 Bishopsgate scheme suffered a blow in July 2016 when Multiplex’s concrete subcontractor Dunne Group collapsed into administration.

Byrne Group replaced Dunne on the £36m concrete and substructure contract within a week of the administration in an effort to avoid delays to the scheme.

Last month Multiplex saw its pre-tax profit fall to £4.2m for the year to 31 December 2017, down 74 per cent from £15.9m in 2016.

Turnover stood at £1.16bn, up from £1bn in 2016.

In the results, the contractor blamed the fall in profit on a “challenging” scheme due to be completed in 2018 that had wiped out higher margins on other jobs. 

Multiplex would not confirm whether the “challenging project” was 100 Bishopsgate.

Despite the decline in profit, Multiplex has continued to win high-profile London jobs, with the contractor scooping the £400m redevelopment of New Scotland’s Yard’s former headquarters in central London in June.

The firm is currently delivering 22 Bishopsgate for Axa Real Estate and was also picked as the main contractor for Wanda One’s £900m One Nine Elms development.

Multiplex declined to comment. CN has contacted George Amy, Yuanda and Brookfield Properties for comment.

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