McLaren has continued its winning streak in London with a £22m mixed-use development deal for Resolution Property, Construction News has learned.
The contractor has been appointed to Resolution Property’s Ampersand scheme at 180 Wardour Street.
McLaren Construction director Graham Sturge told Construction News in May that he expected the London business to double in size within the year on the back of a “phenomenal” contract-winning streak, which he claimed had seen the firm take one in two tenders since Q3 2012.
McLaren’s London division grew by 349 per cent in the year to mid-2012, boosting turnover across the board to £376.4m.
The Ampersand project is a refurbishment of an existing mixed-use office block and will include four storeys of office space, aimed at occupiers from London’s creative sector, with an additional two floors of high-specification residential space, including a combination of duplex and single-storey apartments, each with terraces providing views over Oxford Street.
Finishes to the apartments will include natural stone, bronze detailing, bespoke kitchen installations and state-of-the-art fixtures and fittings.
Construction will include the demolition of the top floor, with alterations to the existing building structure.
Major modifications will include the installation of a new three-story structural steel frame and the reorientation of the main entrance, relocated to the corner of Wardour Street and Hollen Street.
The remainder of the ground floor will continue as live retail throughout the construction period with one occupier being relocated as part of the redesign of the office entrance.
Conservation work will also be carried out on the Oxford Street façade, which dates back to 1885, to clean and retain the original features of the building.
McLaren Construction managing director Phil Pringle said: “We are delighted to be working with Resolution Property on this impressive mixed-use development in the heart of the West End.
“This further strengthens McLaren’s strategy for growth in the London market and we look forward to its successful completion.”
Resolution Property director Robert Wolstenholme said: “Ampersand is an innovative refurbishment that marries existing period architecture with contemporary design.
“With our partners Peterson Group, we are creating an inspiring environment, both for creative companies and for residential buyers seeking something distinctive. We need an experienced and thoughtful contractor like McLaren to make this a reality.”
The project is due for completion in September 2014.