Bovis scoops London deals


Bovis Lend Lease has turned up trumps on two high-profile deals in London totalling more than £140m.
The company has emerged triumphant from a lump-sum two-stage tender battle to scoop stages two and three of Land Securities' £180m Bankside scheme in Southwark.
Phase two will feature about 17,800m2 of office space and 890m2 of retail use.
The third phase includes about 23,900m2 of offices, plus 2,500m2 for mixed-use development.
The final phases of the Bankside project are valued at about £102m and are scheduled to start on site this autumn, with the entire scheme, spanning some 91,500m2, expected to be completed by autumn 2007.
Bovis is on site with the first phase of the project, after overcoming opposition from rivals Sir Robert McAlpine and Multiplex.
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The first phase will be ready for fitting-out next year.
A project insider said: "The main construction package for Bankside has gone to one firm, but it's still not clear whether Bovis will carry out the fit-out work as well or whether it will be handled as a separate deal."
The scheme, which is designed by Allies & Morrison, is on the site of St Christopher's House, the former home of the Highways Agency, behind the Tate Modern gallery.
The second deal, for developer British Land, is worth approximately £40m.
The scheme, at Westminster, includes demolishing the existing York House and constructing four-storey offices, to be known as the York Building, at Great Cumberland Place.
The deal will also feature 22 residential apartments.
The architect is London-based practice EPR.


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