Lend Lease land £40m deal to build Metro Bank HQ

landscape office image Ruskin SquareBuilders Lend Lease have been given the £40 million construction contract to build the first office block at Ruskin Square, the site alongside East Croydon Station.

The building will be the headquarters office for Metro Bank, who are moving from Holborn in one of the largest office lettings in Croydon.

The Lend Lease appointment follows the fast-progressing work on the Vita residential block and the beginnings of the Boxpark retail area, which is set to open for business next summer.

Lend Lease are already on the site, working on what is the first of five office buildings to be developed at the Schroder and Stanhope-owned Ruskin Square.

The first block will provide 200,000 sq ft of office accommodation, with independent retail space on the ground floor. Completion is expected in autumn 2016.

“The appointment of Lend Lease is a key milestone,” said Stanhope’s development director, Jason Margrave. “Lend Lease will unlock a key part of the scheme and our vision to develop an attractive and vibrant commercial and leisure destination situated prominently within Croydon’s rising central business district.”

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News, views and analysis about the people of Croydon, their lives and political times in the diverse and most-populated borough in London. Based in Croydon and edited by Steven Downes. To contact us, please email inside.croydon@btinternet.com
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3 Responses to Lend Lease land £40m deal to build Metro Bank HQ

  1. 200,000 sq ft at a cost of £40 million. Contrast that to Fisher’s Folly which is about the same area but £140 million. Full justification of my earlier research!

  2. Some good news at last….perhaps. I will believe it when I see the finished building. Not before. I have grown old (er) just watching history fail to happen at the back of East Croydon Station.

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