Aykon London One

This 50-storey tower in Nine Elms is being built by Multiplex, which took over as main contractor after previous contractor Lendlease failed to agree terms with developer Nine Elms Property, a wholly owned subsidiary of developer Damac International.

Multiplex has taken on the job for £240m – the latest in a string of high-profile project wins in London and just down the road from another of its major projects, One Nine Elms. Aykon London One is being pitched as high-end residential, with apartments designed in conjunction with Versace Home.

London’s cooling high-end residential market has seen several schemes change tack, including the Paddington Cube and Battersea Power Station. Will Aykon be unaffected by these headwinds as construction gets under way in 2018?