Skanska Begins Construction of Innovative Office Space in Cambridge for £199M Investment

Skanska Begins Construction of Botanic Place in Cambridge



Skanska, a leading construction and development company, has officially commenced work on an exciting new project named Botanic Place located in Cambridge, United Kingdom. This commercial office development, in collaboration with Railpen, has secured an impressive contract valued at £199 million (approximately SEK 2.6 billion), which underscores the ambitious vision for this urban workspace.

This effort is part of a broader investment plan amounting to £242 million, which is expected to redefine the work environment in Cambridge. The overall development comprises two buildings that together will offer about 31,000 square meters (around 333,000 square feet) of modern office space. Notably, the design includes the restoration of the historic Flying Pig pub, reflecting a commitment to preserving local heritage alongside urban development.

One of the standout features of Botanic Place is its integration of terraces spanning a total of 3,700 square meters (equivalent to 40,000 square feet) across multiple levels. These outdoor spaces are designed to promote both private and communal gatherings, encouraging connectivity among occupants and fostering a vibrant workplace community.

Meeting High Standards
Aiming to lead by example, Botanic Place is set to meet stringent operational and environmental benchmarks, targeting three prestigious sustainability ratings: BREEAM Outstanding, WELL Platinum, and WiredScore Platinum. These certifications reflect a dedication not only to creating functional office space but also to ensuring that it aligns with modern ecological practices and worker wellbeing.

Timeline for Completion
Construction efforts have officially kicked off, with the project aiming for completion by early 2028. As work progresses, the development stands as a testament to Skanska's ongoing commitment to quality and sustainability in urban design. This project is also anticipated to have a positive impact on the local economy during its construction phase and once operational, by creating new job opportunities and attracting businesses to the area.

Further inquiries regarding the project can be directed to Matthew Woodhouse, Senior Communications Business Partner at Skanska UK, and Andreas Joons, Press Officer for Skanska Group, who are both available for comment on this pioneering initiative.

The Botanic Place development emphasizes Skanska's role as a driving force in the real estate sector, showcasing innovative designs rooted in community-centric approaches. As Cambridge evolves into a hub for innovation, projects like this are crucial in shaping the future landscape and work culture of the city.

For more updates on Skanska's projects and initiatives, visit Skanska’s official website.

Topics General Business)

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