Skanska Builds in London for EUR 155M

Nordic Skanska has signed a contract with The Olayan Group to build K1 Knightsbridge, a mixed-use scheme in London that combines commercial, residential and retail development. The contract is worth about EUR 155M.

2018-05-21

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K1 Knightsbridge. Image: Skanska
K1 Knightsbridge.

The 31,600 square meter project in the Royal Borough of Kensington and Chelsea will create modern, high-end retail and office space, 35 residential units and a new rooftop restaurant. Retaining the site’s historic facades is intrinsic to the scheme, modernising the building while maintaining the neighbourhood’s architectural character. Another major aspect of the scheme will create much needed step-free access to Knightsbridge underground station via a new entrance. The Olayan Group’s developer for the project is Chelsfield.

Construction began in April 2018, with completion due at the end of 2020.




Maria Olsson Äärlaht
maria@nordicpropertynews.com




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