Costain is moving its headquarters from Maidenhead in Berkshire to the City of London.
The UK’s fifth-largest publicly listed contractor is set to take over the seventh floor of the Mace-built ‘Can of Ham’ building at 70 St Mary Axe. The 1,600 square metre office will have space for around 125 desks – a 400 per cent uplift on Costain’s current London capacity.
The engineering contractor will vacate Costain House, its current headquarters in Maidenhead, as well as its existing London offices, although it will open a new Maidenhead office for employees based in the area.
The company said the move to its new headquarters was expected to complete in the second half of 2024, with the new space offering permanent and hot desks, customer meeting rooms, training areas, informal meeting spaces and “integrated smart technology throughout”.
Costain chief executive Alex Vaughan said: “This is an exciting new chapter in Costain’s 159-year history and one that points to a bright future. I’m really looking forward to the tremendous opportunities that the new head office will provide to all our people and our customers.
“Over the past few years, working requirements have changed, with increased co-location with our customers and dynamic working. We need an office that makes it easier for our people, customers and partners to connect, collaborate and create, and our new head office will do just that.”
Costain said its new office was partially selected for its sustainability credentials – it has a BREAAM Excellent rating, space for 328 bicycles and is close to a major transport hub in Liverpool Street Station.
