Costain will relocate the company’s headquarters to a new head office in the City of London.
The group will vacate its existing Maidenhead and London offices and occupy the 7th floor of 70 St. Mary Axe ‘Can of Ham’ building, as it increases its presence in the capital.
The new office will have space for around 125 desks, increasing Costain’s existing London capacity by around 400 per cent.
The company will however maintain a presence in Maidenhead for employees based there and is finalising a suitable location, it said.
It comes as the group pilots the use of electric vans on major project sites in partnership with Enterprise Flex E-Rent.
The move is expected to complete in the second half of 2024.
Alex Vaughan, Costain’s chief executive, said: “This is an exciting new chapter in Costain’s 159-year history and one that points to a bright future.
“I’m really looking forward to the tremendous opportunities that the new head office will provide to all our people and our customers.
“Over the last few years, working requirements have changed, with increased co-location with our customers and dynamic working.
“We need an office that makes it easier for our people, customers and partners to connect, collaborate and create, and our new head office will do just that.”
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