Chinese client Wanda One has picked Multiplex to build the £900m One Nine Elms development.
Multiplex is the third contractor to take on the major mixed-use project, following Balfour Beatty and Interserve.
Interserve was originally selected as main contractor in a joint venture with China State Construction Engineering Corporation 8 in April 2015, but the project was re-tendered in March 2016 after client and contractor failed to agree a price.
Mace was invited by the client to re-tender for the project in early 2016 but declined to do so.
Multiplex has now agreed to act as main contractor on the 1.14m sq ft residential-led mixed-use project.
The project comprises two towers reaching 42 and 58 storeys in height, and will include 437 homes and the first Wanda Vista hotel to open outside of China. It will also include more than 3,500 sq ft of retail space and public realm.
Commenting on the deal, Wanda One (UK) director Tim Gawthorn said: “Following the EU referendum, this important announcement further demonstrates our commitment to deliver an iconic mixed-use development in the heart of London.”
Multiplex CEO for Europe, Middle East and Canada Ashley Muldoon added: “We are delighted to be working with Wanda globally, supporting them to deliver in Australia – and now in the UK on this prestigious project.”