Four more contractors are in the race to build the £750 million mixed use scheme on the site of the former Middlesex Hospital, Construction News can reveal.
The total construction value on the development is understood to be in the region of £160m.
McGee is due to commence some early ground works later this year after clearing the site for the failed Candy and Candy development NoHo Square in 2008.
The new scheme has not yet been given an official name after the Candy Brothers’ plans proved controversial with local residents.
Extensive consultation has been carried out by the site’s new owners Exemplar and Aviva Investors.
They expect to whittle the list of seven contenders down to a shortlist before selecting a winning bidder in the first quarter of 2012. Work is expected to take approximately 60 months to complete.
Lifschutz Davidson Sandilands and Sheppard Robson designed the scheme.
Westminster City Council is currently considering a planning application for the 1.2ha site which includes 237 private and 54 onsite affordable homes, 210,000 sq ft of offices in two grade A office buildings and 21,000 sq ft for shops and restaurants.
A new public square around the former hospital’s listed chapel is at the heart of the design.
Space is also provided for a new primary care facility and a school for nearby All Souls Primary. The scheme, which will be built speculatively, is expected to be completed by late 2014.
The job will be among the largest central London schemes due to be awarded next year.