Skanska commences construction of The Monument Building, London EC3

Skanska, has completed demolition of the existing building at 11-19 Monument Street and commenced construction of The Monument Building, its 94,000 sq ft (8,733 sq m) office development in London EC3.

The new building, being developed under the Workplaces by Skanska banner, will provide 88,000 sq ft (8,175 sq m) of new, Grade A office accommodation space over nine floors, with floor plates of approximately 10,000 sq ft (929 sq m). The ground floor will offer 4,000 sq ft (372 sq m) of prime retail space.

Centrally located opposite Monument tube station and within a short walk of both the heart of the City and vibrant South Bank, the MAKE-designed building is designed to achieve a BREEAM Excellent rating with features including LED Lighting and 92 secure cycle spaces, with showers and lockers. Floors 4, 5, 7 and 9 will feature roof terraces with views across London.

Alex Jordan, Skanska’s Leasing Director, says: “The Monument Building will demonstrate our ability to develop market-leading offices that meet the demanding needs of the modern occupier, while embracing sustainable construction and design.”

The Monument Building is due to complete in spring 2016.

Savills are appointed agents for office enquires and Nash Bond for retail opportunities.