Skanska Begins Construction on Major Office Development Project

Author: Thomas Cooper Updated: 05-22-2025 06:24 AM

Skanska Initiates the Botanic Place Project

Skanska is undertaking a significant commercial office development, known as Botanic Place. This ambitious project involves a contract signed with Railpen, worth GBP 199 million, approximately SEK 2.6 billion. It marks a vital step in modern workspace creation.

Project Details and Scope

Situated within an investment total of GBP 242 million from Railpen, the Botanic Place development is planned as a two-building complex. It aims to provide around 31,000 square meters of workspace (close to 333,000 sq ft). Excitingly, the project entails refurbishing the historic shell of the once-popular Flying Pig pub, incorporating a modern touch while preserving local heritage.

Enhancing Community Interaction

Botanic Place isn’t just about office space; it's also designed with community in mind. The project includes 3,700 square meters (40,000 sq ft) of terraces across various levels. These terraces will serve both private and communal purposes, encouraging social interaction and connectivity among occupants.

Environmental Standards and Sustainability Targets

In an era where sustainability is paramount, Botanic Place aspires to reach exceptional operational and environmental standards. The project aims for BREEAM Outstanding, WELL Platinum, and WiredScore Platinum ratings—demonstrating Skanska's commitment to creating spaces that are not only functional but also environmentally responsible.

Construction Timeline

The construction of Botanic Place has already commenced, with a forecasted completion date set for early 2028. As work progresses, this project is on track to become a testament to modern architecture and sustainable building practices in urban settings.

Contact Information for More Queries

For those seeking more information on the project, the following contacts are available:

Matthew Woodhouse, Senior Communications Business Partner, Skanska UK, telephone +44 739 209 8683.

Andreas Joons, Press Officer, Skanska Group, telephone +46 (0)10 449 04 94.

For media inquiries, please use the direct line at +46 (0)10 448 88 99.

Frequently Asked Questions

What is Skanska's new project in Cambridge about?

Skanska's latest project, Botanic Place, is a significant commercial office development that includes a focus on sustainability and community space.

How much is the Botanic Place project valued at?

The Botanic Place project is valued at GBP 199 million, equivalent to approximately SEK 2.6 billion.

When is the expected completion date of the project?

The project is slated for completion by early 2028.

What sustainability certifications is Botanic Place targeting?

Botanic Place is aiming for BREEAM Outstanding, WELL Platinum, and WiredScore Platinum ratings.

Who can I contact for more information about the development?

For inquiries, you can contact Matthew Woodhouse or Andreas Joons at Skanska.

About The Author

Hello, I'm Thomas Cooper, a financial expert and writer passionate about helping people understand and navigate the financial world. Having a solid financial background and a lot of experience, my area of expertise is simplifying difficult financial ideas into useful, understandable guidance. My goal with my writings and blog entries is to provide you the information and resources you need to make wise financial choices.

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