Construction begins on M&G’s €230m Tottenham Court Road eco-championing mixed-use scheme

M&G Real Estate and development manager CO-RE have announced that work is starting on The Fitzrovia, a new 86,810-square-foot mixed-use scheme on Tottenham Court Road, following the appointment of Kier as the main contractor.

The building, which has a gross development value of £200 million (€230 million/$229 million), will deliver 65,885 square feet of office space, 11,420 square feet of retail and 9,505 square feet of residential space as M&G looks to maintain its commitment to the thriving West End office market which is benefiting from the recent opening of the Elizabeth Line.

With completion set for third quarter 2024, The Fitzrovia will be built to the highest environmental and well-being standards, targeting a NABERS Design & Performance Rating of 5 Stars (Excellent), BREEAM Outstanding and Platinum WELL accreditations. Carbon and on-site emissions will be minimized by an offsite construction approach, while innovative building materials will be u