McKay Securities is to speculatively build a 48,000 sq ft office on London Road in Redhill, Surrey.
“Prospero” will be the only office scheme under construction in Redhill.
The project is expected to be completed in summer 2016.
Simon Perkins, managing director of McKay, said: “We are delighted to have started this scheme. This is good news for Redhill and the southern M25 office market as this will provide occupiers with a new build choice, and the associated quality and cost savings of a well specified, environmentally friendly product.
“It will offer the best specification in the area. It is one of the very few speculative office schemes to be commenced in the southern M25 market for a number of years and the first in Redhill for over five years.”
Strutt & Parker and Maxwell Brown are acting for McKay.
