Wednesday, 18 October 2017

McAlpine to start HMRC office at Cardiff central square

Sir Robert McAlpine is set to start construction of the next project at Cardiff’s Central Square development.

Work will start imminently on the £100m office project, which has been fully pre-let to the HMRC.

The 12-storey building will be known as 6 Central Square and will provide 265,000 sq ft for the Government tax hub building.

The HMRC deal is expected to release around £10m towards the cost of the new bus station at the Interchange, which has a cost between £20m to £25m.

Joint developers Rightacres and Legal & General also have plans for a further 180,000 sq ft office building next to the HMRC building, which could also house other public sector departments.

The project is set to get underway as Legal & General announced it had sold 2 Central Square, which was started as a speculative 148,000 sq ft scheme for £56.5m to Credit Suisse Asset Management.

This project will complete in September 2018 and is fully pre-let to Cardiff University and Cardiff based law firm Hugh James.

Works is also progressing on plot 3, which will include a new £120m headquarters for BBC Cymru Wales. Both these schemes are being built by ISG.



from Construction Enquirer http://www.constructionenquirer.com/2017/10/18/mcalpine-to-start-hmrc-office-at-cardiff-central-square/

via Tumblr http://ndbasilica.tumblr.com/post/166527150234

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