The firm is up against Sir Robert McAlpine and Mace for the 150,000 sq ft mixed-use redevelopment of the St James’ Gateway office blocks, mostly behind existing Victorian facades.
The Crown is thought to be investing around £125m in the development, with the first phase worth around £50m.
One source told the Enquirer: “There has been no official statement but the word is Bovis has got this one.”
A few weeks ago Bovis Lend Lease also picked up another big central London job at Regent’s Place, worth around £150m.
Bovis is understood to be preparing to scale back numbers on the London 2012 Olympic Village and the new work will allow the firm to remobilise its construction team.
Further developments to the east of St James’s, at Dorland House on Heddon Street and Finland House on Haymarket, and at Piccadilly are planned in future phases.
The St James’ Gateway scheme will deliver comprehensive public space improvements together with a new Eric Parry designed frontage along Piccadilly, enhancing the famous views of the street from Piccadilly Circus.
Consultant Atkins has just been commissioned by the Crown estate to design the Piccadilly two-way traffic scheme, which will see the existing one way traffic systems remodelled with improvements to the public space around Pall Mall, St James’ Street and Piccadilly.
A spokeswoman for the Crown Estate said: ‘‘We are committed to sensitive redevelopment and refurbishment to retain the character of the buildings in St James’s.
“However, as some of these buildings can no longer provide suitable space for modern needs we are proceeding with proposals which will achieve our objectives to retain the best of the old while providing for the future.”