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£180m construction contract awarded to Lendlease

Lendlease has been selected by GPE as preferred bidder for the redevelopment of 2 Aldermanbury Square, which when completed will provide over 300,000 square feet of commercial office space in the heart of the City of London. 

Works on the £180m project also include the creation of a new pedestrian high walk through the site and construction of a two-storey basement.

Simon Gorski, Lendlease Europe’s Managing Director of Construction: “2 Aldermanbury Square has the potential to push the boundaries of embodied carbon reduction while delivering a workplace that responds to major market trends and the desires of tenants in a post-Covid world. I’m particularly pleased that this project is being procured and delivered in line with the principles set out in ‘Trust and Productivity: the private sector construction playbook’.”

The 13-storey, 321,100 sq ft office building has been pre-leased to international law firm Clifford Chance. Construction is expected to complete in December 2025.

Sustainability will be at the heart of the new development, and opportunities have been identified to reduce the project’s embodied carbon by 36% from the initial design.

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