Construction work for the Silver Fin project in Aberdeen is to start “imminently” after the award of the contract to building and engineering company Sir Robert McAlpine.
The £65million, 132,000sq ft Union Street development is expected to set new standards for Grade A office accommodation in Europe’s energy capital.
It will be 13 storeys high, including four car parking and nine occupied floors.
Architectural features will include large aluminium silver fins – giving the building its name – which are meant to catch the light for all to see and instantly recognise.
Demolition of the site, which is next to the new Capitol office development, began in late 2014.
The project, led by developer Titan Investors, is expected to complete in March 2017.
Jonathan Nesbitt, director at FG Burnett, which is jointly marketing the site with CBRE, said: “This is a hugely exciting development for the city.
“It is testament to the inherent strength of the Aberdeen market that such a level of institutional investment has been committed.
“We are delighted that building work is about to begin on site and that, so far, each planned phase of the project has been on track.”
CBRE Aberdeen managing director Derren McRae added: “Not only will The Silver Fin Building change the face of the west end of Union Street and is set to be the city’s finest office building, but is also expected to stimulate increased investment in retail, restaurant and hospitality sectors in the vicinity of the development.”