Skip to main content Skip to footer

Derwent London powers ahead
with Marylebone development

NEWS / 29 JULY 2026

Derwent London has taken the next step in delivering one of Marylebone's most significant mixed-use developments, having appointed Multiplex as the main contractor for its 50 Baker Street scheme


Spanning 236,000 sq ft, the office-led development will bring together high-quality workspace, retail, restaurants and 17 residential apartments, creating a vibrant hub in the heart of the West End.


Designed by AHMM, the nine-storey scheme will also include a new cultural and educational facility operated by the Baker Street Quarter Partnership, leveraging the area's community offering alongside its commercial space.


Following the finalisation of demolition and enabling works by McGee, the project now moves into its next phase - with main construction scheduled to begin next year, and completion targeted for 2029.

Richard Baldwin, Director of Development at Derwent London, said: “After a one-year pre-construction services agreement, we are pleased to be working with Multiplex once again to deliver 50 Baker Street following our successful White Collar Factory and 80 Charlotte Street redevelopment projects. We are excited about the prospects for 50 Baker Street and Multiplex have the capabilities to drive project certainty through their engineering-led approach and collaborative working culture.”


Callum Tuckett, Managing Director of Multiplex UK, added: “Over the past year, we’ve worked closely with Derwent and the wider project team to develop an approach that will deliver this ambitious scheme to the highest possible standards of quality, sustainability and technical excellence.”


He concluded: “Fifty Baker Street is a significant project for London, bringing together high quality workplaces, homes, retail and community spaces within one of the capital's most established districts. The project also represents a valuable opportunity to advance circular construction in the UK. We look forward to continuing our collaboration with Derwent as we move into this next phase, with preparation to start on site next year.”


To stay up to date on Derwent London's activity and more development updates, be sure to subscribe.

Written by

Flex and The City