BAM begins work on $36 million mixed-use project in London
UK-based BAM Construction has begun construction on the final phase of £23 million ($35.64 million) Regent Quarter development, a mixed-use scheme from a joint venture of Henderson Global Investors and Istithmar P&O Estates at King's Cross in London.
Scope of work involves construction of a seven-storey residential block, another five-storey mixed-use block and a six-storey office block. The six-storey building will accommodate 35 luxury apartments while the mixed-use block will have one retail and three residential units. The office part of the development will be developed at the site of listed former horse stables.
The building will incorporate several sustainable elements, which comprises of geothermal cooling systems and bio-diverse roofs.The construction material for the development will be sourced locally, which is likely to aid in making the project more sustainable. The office space of the project is being targeted for BREEAM Excellent rating.
Piling work on the scheme began in December 2012. The concrete frame for the building has been completed. The entire scheme is scheduled for a wrap-up in April 2013.
