Mace has been chosen to take forward the £500 million redevelopment of One Crown Place in London.

AlloyMtd Group has signed a main contract with the company following on from its successful delivery of the pre-construction stage. Work will begin on site in April this year, with completion set for the end of 2020.

Designed by architects Kohn Pedersen Fox (KPF), the scheme will see two new residential towers housed in One Crown Place located above a podium office space. The accommodation will contain a total of 246 private apartments.

Office space will be housed in two buildings; a new podium building and the refurbished 54 Wilson Street building, providing 120,000 sq ft and 20,000 sq ft of net floor area respectively. Retail space is to be distributed across the ground floor of all of the buildings.

AlloyMtd Group Chief Executive Officer, Tee Kim Siew, said: “We are very pleased to have appointed Mace to deliver this iconic mixed-use development in Central London. This is a major milestone for the project and for AlloyMtd Group and demonstrates our commitment to delivering a world-class, vibrant destination located in one of the capital’s most exciting areas.

“We look forward to working alongside Mace to realise our vision for this landmark scheme and see them forge ahead with construction for the new office podium and residential buildings, following the completion of the groundworks and hotel stabilisation.”

Gareth Lewis, Mace’s Chief Operating Officer for Construction, said: “The project’s unique design will make for a complex construction delivery; particularly the engineering behind the three-storey steel truss that supports the two towers. We look forward to working closely with AlloyMtd Group and our supply chain partners to overcome those challenges and deliver a project which will leave a lasting legacy for London.”