The contractor has been appointed by Cheval Property Holdings to level the building behind 55-91 Knightsbridge in anticipation of redevelopment.
The deal involves removing the building down to basement level as well as retaining the Grade II-listed façade of the site's mansion block, which is part of the conservation area near Hyde Park.
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Skanska secured the deal following a successful pre-construction service agreement which included asbestos removal, investigative and enabling works.
Paul Heather, Skanska Managing Director, said: "Our team has delivered many similar schemes and our knowledge and experience have already exceeded the customer's expectations.
"This latest project start confirms that the commercial development market in London remains active, and Skanska is playing a significant part in the sector. We have a strong pipeline of work and look forward to working with developers across the city to create their developments."
(LM/MH)
