A developer-led bid supported by Squire and Partners and Rogers Stirk Harbour + Partners has won a high-profile contest to redevelop the Shell Centre site at London’s South Bank
Both firms contributed to the successful joint venture bid by Canary Wharf Group and Qatari Diar which will see each party contributing £150 million to secure the 2.15 hectare site on a 999 year lease.
A Squire and Partners spokeswoman said: ‘We are very happy to have contributed to the bid.’
The confirmed architects for the project are likely to be decided later this year – according to a spokesperson for Canary Wharf Group. The £300 million payment for the site is conditional on planning permission being received for the project by 2014.
Canary Wharf Group will act as the construction manager for the project and will also be joint development manager with Qatari Diar.
The development will be mixed use, featuring office, retail and residential space. The 1950s built 27-storey tower in the middle of the Shell Centre will be retained.
Canary Wharf Group chairman George Iacobescu, said: ‘It is both a privilege and a great responsibility to be involved in this redevelopment project which will re-energise a key part of this area of London.’
Qatari Diar group chief executive officer Mohammed bin Ali Al Hedfa said: ‘Qatari Diar is delighted to have signed this agreement with Shell.
‘When Qatari Diar begins any new project we are entering into a long-lasting commitment with our partners and the wider community to leave a positive cultural, environmental and sustainable footprint.’
Shell UK chairman Graham van’t Hoff, said: ‘Today we have chosen world acclaimed developers that have an excellent track record in delivering on projects of this size and scale.
‘Shell Centre is our long-term home in London and we’re keen to start working with Canary Wharf Group, Qatari Diar and local stakeholders to develop and deliver a project that will benefit both London and the local community.’
Meanwhile, planning permission has been won for a Ushida Findlay-designed canopy which will feature as the centre piece of a temporary market project at the ground floor level of the Shell Centre campus.