Located at Fifty Fenchurch Street, this building is designed to be one of the lowest carbon-emitting and most biodiverse high-rise rowers in the UK.

Construction begins this summer and is expected to complete in 2028.

Enabling works have already been carried out by Keltbray in May, which will also carry out piling and excavation.

Elsewhere in the project, YardNine have been appointed development delivery partners.

Eric Parry Architects and Adamson Associations will work alongside Arup which will lead engineering design on the 36-storey building.

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The development will include landscaped gardens at ground level with 40 occupier terraces at level 10. Greenery will also extend up to the top of the building.

A BREEAM Outstanding rating will also be targeted.

Rob Samuel, UK head of development at AXA IM Alts, said: “Commencing construction with Multiplex marks a significant milestone in the realisation of what we believe is a one-of-a-kind development in the City of London.

“In addition to helping satisfy the significant demand for the first class and sustainable office accommodation that is a must have for occupiers, Fifty Fenchurch will bring extensive urban greening and landscaped gardens to the Square Mile.”