The scheme will create 150 direct construction jobs - and a further 80 jobs through the supply chain - and generate around £10 million Gross Value Added (GVA) per year during construction. Once operational, the GVA benefits are expected to rise to £51 million per annum.
The unique and complex project, designed by Eric Parry Architects, will house a flagship legal facility for His Majesty’s Courts and Tribunals Service (HMCTS) and a state-of-the-art headquarters for the City of London Police.
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The new City of London Law Court forms part of a wider redevelopment scheme by the City of London Corporation that will also create a new City of London Police HQ. The scheme also includes a grade A commercial building, increased public realm and has strong sustainability credentials.
The new court will provide a total of 18 court rooms, an increase of 10 on the current position, with a focus on high-level fraud, cyber and economic crime.
The development is on track for completion in 2026.
Gareth Lewis, CEO for Construction at Mace said: "We are delighted to have been appointed to deliver this exciting scheme and play a part in the next phase of this thriving part of the historic Square Mile.
"There is no doubt that the Salisbury Square Development will play a leading role in the future of the City of London – and in policing across the UK - and we are honoured to have been entrusted with its construction."
