Multiplex appointed to £450m St John’s Wood Square job

The 5.5-acre development will see the transformation of the former St John’s Wood Barracks previously occupied by the King’s Troop, Royal Horse Artillery, along with properties at Queen’s Terrace.

The residential development comprises 179 new homes, including 11 townhouses, 109 private and 59 affordable apartments, across nine buildings from three to six storeys.

The works include for the sensitive restoration of the Grade II listed Riding School building, preserving the heritage of the site.

Multiplex, which has been working with St John’s Wood Square Development Limited under a pre-construction services agreement (PCSA) since September 2023.

In September, Multiplex secured a PCSA to transform a 35-storey tower in London for property developer Endurance.

The site’s demolition was completed in May 2023, with  basement construction works by McGee’s well advanced.

Shell and core stage of construction is scheduled for December 2026, with the fit-out element to complete by December 2028.

The development is targeting WELL Platinum and BREEAM Excellent certification for the shell and core construction.

Design team: 

• Master Plan Architect – Squire & Partners
• Heritage works – Wilkinson Eyre
• Landscaping – Andy Sturgeon Design
• Executive Architect – EPR Architects

Callum Tuckett, UK managing director at Multiplex, said: “The St John’s Wood Square scheme is one of the most prestigious and eagerly anticipated residential developments in central London.

Our project team has demonstrated both the technical capabilities and innovative thinking required to undertake a project of this scale and complexity.”

Sir George Iacobescu, chairman at St John’s Wood Square Limited (the appointed development manager), said: “Multiplex exemplify the excellence and innovation we strive for in our collaborations and we look forward to a successful collaboration with the team.”

In June, Sir George Iacobescu announced his retirement as chairman of the  Canary Wharf Group (CWG) Board, following a 36-year career at the real estate company.