Laing O’Rourke has got the green light to start demolition work on the landmark redevelopment of the Edinburgh St James centre.
A start to building work was approved after developer TH Real Estate sold a 75% stake in the 1.7m sq ft retail and leisure centre to Dutch pension asset manager APG.
The plan to demolish the existing 1970s St James shopping centre and replace it with modern retail and office space was originally given the go-ahead in 2009.
Edinburgh St James will comprise 850,000 sq ft of retail space, anchored by John Lewis, a multi-screen cinema and a world class W Hotel, which represents their debut in Scotland, comprising 214 rooms.
In addition, 150 private apartments, offering breath-taking views over the City, set a gold standard for prime residential accommodation.
Laing O’Rourke, which had been appointed on a consultancy basis to advise on pre-construction works over the last year, has now been appointed as the main contractor for the project, for which the retail and leisure element is anticipated to complete in 2020, followed by full scheme completion in 2021.
Demolition is expected to take around 18 months to finish.
from Construction Enquirer http://www.constructionenquirer.com/2016/10/20/laing-orourke-to-start-st-james-centre-1bn-revamp/
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