Scheme at 150 Bishopsgate will be 43 storeys high

Projects

Lendlease is tipped to land the contract to build a long-awaited hotel scheme in the heart of London鈥檚 Square Mile, 好色先生TV has learned.

The 43-storey hotel and apartment skyscraper at 150 Bishopsgate is being developed by Singaporean investor UOL Group who purchased the site for 拢97m from Gerald Ronson鈥檚 Heron International in 2014. According to data provider Barbour ABI the value of the scheme is 拢500m.

The win would be a coup for Lendlease with Mace and Bouygues understood to have been in contention for the deal last year before UOL had a rethink.

Formally known as Heron Plaza (pictured), the 536,000sq ft scheme was designed by PLP and includes more the 100 apartments. Conference and banqueting facilities, meeting and events spaces, a gym, spa and swimming pool are also planned.

UOL, which declined to comment, has previously said it plans to operate the hotel under its flagship Pan Pacific hotel brand and on the Pan Pacific website the opening is scheduled for 2020.

Keltbray is currently underway with enabling works at the site after completing demolition works.

The wider project team includes WSP Parsons Brinckerhoff which is working as the structural and M&E engineer and QS Alinea, which has replaced Arcadis on the job.

Lendlease declined to comment but its win would mark another return to high-profile London building jobs with the contractor next month set to sign the deal to build Google鈥檚 拢650m headquarters in King鈥檚 Cross.

And it is believed to be one of two bidders, along with Sir Robert McAlpine, left in the race to redevelop the former army barracks in St John鈥檚 Wood, north London, for Malaysian businessman Ananda Krinshnan鈥檚 Usaha Tegas Group.