Multiplex's £400m Green Deal in London

Marcus Ashford
October 16, 2025
Loans
Multiplex is set to transform London's skyline with the £400 million Dovetail Building project, a 23-storey tower focused on sustainability. Designed by Allford Hall Monaghan Morris, the project emphasizes reducing environmental impact and aligns with the broader industry trend toward eco-friendly construction. It supports economic growth through job creation and innovation, while enhancing public spaces. This shift towards sustainable architecture reflects the necessity of green building practices amid rising climate concerns and regulations.

The construction landscape in London is set to witness a transformation with Multiplex's recent £400 million contract to develop the Dovetail Building. This 23-storey tower, nestled in the heart of London, is crafted by Allford Hall Monaghan Morris for developers Brockton Everlast. While the project aims to enhance London's skyline, it's also a testament to the progressive shift towards sustainable architecture.

A Shift Towards Sustainability

The Dovetail Building is not just another skyscraper; it's a model of ecological responsibility. With steps to minimize environmental impact, this project highlights a broader industry trend towards sustainable construction. According to a Construction Enquirer report, the project prioritises emissions reduction and smarter resource utilisation.

Why Sustainability Matters

Sustainability in construction isn't merely a buzzword—it's an imperative. With rising global concerns over climate change and stringent government regulations, the necessity for green buildings has become paramount. The UK government's London Environment Strategy underscores these priorities to reduce emissions and improve efficiency.

The Economic and Social Impact

Beyond its environmental benefits, the Dovetail Building also influences economic and social landscapes. As London seeks to bolster its commercial real estate sector, such developments can catalyse job creation and innovation. They also reflect a commitment to enhancing public spaces and urban living quality. Projects like these can spur further investment and interest in sustainable urban development.

My Take

I’ve observed a significant momentum towards integrated sustainability in construction. This shifts not only how buildings are designed but also how cities evolve. Multiplex’s Dovetail Building exemplifies this change, marrying ambition with responsibility. Observing these projects reminds me of the economic and environmental synergies achievable through forward-thinking design.

Conclusion

As more urban projects embrace sustainability, the ripple effects on environmental policy and construction practices are profound. Whether you're an entrepreneur eyeing new office space or an investor considering green construction bonds, understanding these developments is crucial. The Dovetail Building stands as a beacon of sustainable opportunity in an industry ripe for transformation.