Goldman Sachs, the US based investment bank is searching for a contractor to undertake the construction of their European headquarters in London.


A PQQ has been issued for the scheme which received approval for in March last year and is thought to have a construction value of around £350m.

The development is to be constructed close to the Holborn Viaduct and will feature 800,000 sq ft of office space as well as the redevelopment of the 13-storey Fleet Building and Plumtree Court on Shoe Lane.



The project is set to progress rapidly; the demolition of the site is almost complete, It’s been reported that the deadline for the PQQs passed on the 23rd January and it’s anticipated that contractors will be appointed by mid-October with construction commencing in around 12 months from now.


Goldman Sachs has been working on a new European Headquarters since 2001 and there has been some speculation about whether construction off the site will start on time or wait until a potential referrendum on European membership Gary Cohn, President and Chief Operating Officer of The Goldman Sachs Group saying: “I think for the UK it’s imperative to keep the financial services industry in London. We all want to stay in London. I think that having a great financial capital of the world staying in the UK and having the UK be part of Europe is the best thing for all of us.”