Multiplex appointed as main contractor for landmark commercial development, 99 City Road

PRESS RELEASE

London, United Kingdom. Endurance Land, a Member of Nan Fung Group, has formally appointed Multiplex as main contractor for their landmark scheme, 99 City Road, EC1. Construction works will commence in Q3 2026, with practical completion targeted for 2030.

Located at the intersection of Old Street and the City, this 36-storey tower will deliver 475,000 sq ft of commercial space and offer uninterrupted, 360-degree views across London. Designed as a next-generation tower for 4,000 knowledge occupiers, 99 City Road embeds the core principles of sustainability, social value, resilience, adaptability and a tenant-led approach into every layer of the scheme, expanding London’s innovation infrastructure.

Engineered for innovation-led occupiers, the tower offers efficient, flexible floorplates and high-power capacity to suit diverse operational needs. Designed as an environment where teams can thrive, every amenity has been thoughtfully curated to drive collaboration across the entire workday, featuring a triple-height event space, wellness suite, dining and café facilities, conference lounges, private terraces, end-of-trip provisions and a makerspace. In collaboration with the London Borough of Islington, the scheme is committed to social cohesion and positive community impact. This ethos is further exemplified in 99 City Road’s holistic approach to sustainability, where circular economy and whole life thinking align the project with target certifications of BREEAM Outstanding, NABERS 5-star, SmartScore and WiredScore Platinum certifications.

The build contract follows Multiplex’s earlier involvement as Construction Partner under a Pre-Construction Services Agreement and marks Endurance Land’s second major project with this international tier 1 contractor. Following the recent successful delivery of Jahn Court and Brassworks at Regent Quarter, now leased to OpenAI and expected to open in 2027, Multiplex’s formal appointment as main contractor further strengthens a proven track record of delivering complex, high-standard developments.

The scheme is designed around an idea: a workplace that drives innovation, giving tenants the environment they need to pursue their vision. Appointing Multiplex as main contractor is about more than bringing on a tier-one builder; it is about partnering with a team that truly understands who we are, shares our bold ambition for 99 City Road and consistently executes to the highest standard. We're thrilled to be working with Multiplex again – a partnership building on the trust and momentum established at Regent Quarter and a deep understanding of our culture, standards and long-term focus on quality. That complete alignment gives us, and our future occupiers, total confidence as we transition into active construction on a flagship project that will define London for decades to come.

We’re delighted to be working with Endurance Land once again on the delivery of 99 City Road. This appointment represents an important step forward for a development that will set a new standard for high-quality workspace in one of London's most dynamic locations. Designed for the needs of technology and innovation-led occupiers, the scheme combines flexible, high-performance office space with the infrastructure and amenities needed to support future growth. We look forward to bringing our experience and expertise to the project and working alongside Endurance Land and the wider team to deliver an exceptional outcome." Knight Frank was appointed as leasing agent, leveraging its proven expertise on London’s most high-profile developments and deep connectivity to London’s knowledge economy occupier network.