The £4.2m demolition package marks a significant step in 1.4m sq ft redevelopment plans for the area by an international consortium comprising, Temasek, HPL and Amcorp Properties.

Initial enabling and demolition works were completed last October by McGee who will now carry out the deconstruction and demolition works of the existing 10-storey 1980’s commercial building.

The building is expected to be down by March 2018.

Nick Taylor, Director at McGee, said: “This is a high profile site and it has taken a great deal of planning and coordination with investment partner and development manager Native Land and the project team, NWR, TfL, Southwark Council and our supply chain to get things to where we could complete all required planning stages and agree the logistics for the project, and finally commence on site.

“We have been involved with Native Land in this planning process from an early stage and this is a great example of early engagement between client and contractor.”

Jay Squier, Development Director at Native Land, said: “We are excited to work with McGee to commence works on this landmark riverside development, which marks a significant step in the ongoing enhancement of the Bankside area.”