Developer Stanhope has appointed Mace Construct to deliver a 250,000 sq ft office tower on London’s South Bank.
The Red Lion Court development is valued at £450m and expected to be completed by early 2029.
Mace Construct has begun enabling and piling works at the site, with the main build construction phase due to commence in Q4 this year.
Situated between London Bridge and Southwark Bridge, the building will comprise two basement levels and 11 floors above ground, as well as 1,000 sq ft of cafe space.
Four of the tower’s terraces will overlook the River Thames, with additional features including a club room, wellness centre and end-of-trip facilities, such as bike spaces and showers.
The project, designed by Bjarke Ingels Group, is targeting NABERS UK five-star rating and BREEAM Outstanding certifications.
The all-electric scheme is designed to be net-zero in operation.
Ged Simmonds, managing director for commercial at Mace Construct, said: “We are immensely proud to be entrusted with the delivery of Red Lion Court, a project that will set new benchmarks for sustainable and innovative workplaces in London.
“We are excited to work in close partnership with Stanhope to realise their vision, leveraging our expertise in disciplined delivery to ensure an outstanding result for the occupiers and surrounding community.”
Stanhope acquired Red Lion Court in September 2025 alongside investment fund manager Cheyne Capital.
Tony Wall, head of development at Stanhope, commented: “Red Lion Court is set to be another landmark development and awarding this contract shortly after acquiring the project last year allows us to work to a timetable that delivers this prime new office space at a time when the market will be amongst its most constrained in terms of supply.”
