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Three contenders emerge for Paddington Central


THREE firms have been lined up for a £60 million office block at a development in west London.

Sir Robert McAlpine and Skanska have been joined by Bowmer & Kirkland to bid for the work at Paddington Central.

The new building is currently lacking a name but was referred to as Building 2a until the site's masterplan was revised. It has now been renamed Building 3.

The 12-storey block is described as a headquarters building in a prime central London location.

A source at developer Development Securities said: 'At the moment Building 3 is the only new building to which we are committed at the Paddington Central development.

There is no tenant for the building as yet, but the market is looking healthy and we are very optimistic about the level of rent we will attract.'

Development Securities owns the site, which is north of Paddington railway station.

Several buildings have already been built, providing offices, residential accommodation and retail facilities. Bovis Lend Lease is also in the middle of its £30 million Crossrail Deck contract for Development Securities at Paddington Central, which is due to be finished next summer.

The development is adjacent to the entrance to the planned Crossrail scheme, which will run west to east from Paddington to Liverpool Street. Development Securities expects the office will be let quickly because of its good transport links.

Detailed planning permission for the Paddington Central Building 3 scheme was granted by Westminster Borough Council earlier this year.Work on the building, which was designed by architect Sheppard Robson, is due to start later this year and be completed by 2008.

The three firms pick up tenders at the end of this month and will have until July 25 to return them to the client. Development Securities hopes to appoint a winner in August.

The site is also flanked by Bishops Bridge Road, which is currently closed while it is widened from two to five lanes.

Work on that scheme is expected to finish next year.

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