Exclusive: Three contractors are in the race to build Sellar Property Group’s new 180,000 sq ft residential tower.
The firms battling it out for the job are Interserve, Mace and Skanska.
Once complete, the building will join neighbouring landmarks the Shard and the News Building, dubbed ‘the baby Shard’.
The scheme will replace 1950s office building Fielden House and contain 148 luxury apartments.
Construction News understands the successful contractor will be chosen in November.
This is the second high-profile London property job Interserve has been in the mix for since it signalled it would be moving into the sector in 2014.
In its accounts for the six months to 30 June 2014, the group said it was “diversifying its revenue sources” by expanding its property development capability.
Interserve added: “Part of our strategy is to combine our investment, development and project management skills to finance and deliver selective private sector commercial developments.”
In April the contractor was chosen over Mace to build Chinese developer Wanda One’s £900m One Nine Elms scheme in central London.
Interserve will deliver the mixed-use project in a joint venture with Chinese contractor China State Construction Engineering Corporation.
In February, Sellar Property Group founder Irvine Sellar told Construction News his new residential development next to the Shard would complete the Renzo Piano-designed “trilogy”.
Mr Piano and Sellar Property Group are also working together on a major mixed-use development in central London at 31 London Street.
Plans for 31 London Street include the transformation of the former Royal Mail sorting office in Paddington, which will be replaced with a 224 m tower comprising 200 homes, more than 150,000 sq ft of office space and 50,000 sq ft of retail and restaurant space.
The latest project provoked criticism from some quarters, with the developer accused of creating “ghettos for rich people”, prompting Mr Piano to defend the scheme.
Writing in The Times, he said: “There’s nothing wrong with making a tall building if it gives back more than it receives from the city.
“The tower gets a lot – view, location – but it gives back a lot. It gives back to the city what the city most needs: space on the ground.
“It keeps people living in the city, which is one of the most important things to do.”
All parties declined to comment.