KONE wins order for The Place at London Bridge Quarter

November 22, 2011

KONE has won an order to deliver 11 custom-made lifts and four escalators for The Place, a new 40,000 sq m headquarters building under construction at London Bridge Quarter.

The prestigious office building will be located next to Western Europe’s tallest skyscraper, The Shard. Both buildings have been designed by the world-renowned architect Renzo Piano for developer Sellar Property Group.

The project includes four KONE double-deck lifts and KONE Polaris® destination control system. Major space savings are achieved by positioning two lifts cars in the same hoistway serving two adjacent floors simultaneously. KONE’s destination control system is particularly effective in office buildings as it can be programmed to match building occupancy. This combination of double-deck capacity and destination control will ensure smooth People Flow™ in the 17-storey contemporary building.

“Having collaborated with KONE on the complex lifting strategy requirements of The Shard, I am delighted to maintain that relationship on London Bridge Quarter’s second landmark building The Place, where construction is well underway,” says Flan McNamara, Project Managing Director, Sellar.

“We are delighted that our innovative and customised solutions, and our successful cooperation on The Shard have resulted in another prestigious project at London Bridge Quarter,” says Michael Williams, Managing Director of KONE UK.

The Place is part of the London Bridge Quarter regeneration project, creating a new commercial district at one of London’s most significant transport hubs. It is being developed by Sellar Property Group in conjunction with Qatari investors and constructed by Mace. Installation of KONE’s solutions will commence in 2012 and The Place is scheduled to reach practical completion in spring 2013.

For further information, please contact: Jennifer Chatham at Chatham Communications (t) 0121 374 2534 or (m) 07775 912818

Previous press releases on KONE’s major orders in the UK are available at www.kone.co.uk including:

– April 16, 2009, KONE to supply lifts and escalators for The Shard London Bridge

About KONE

KONE is one of the global leaders in the lifts and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading lifts, escalators and automatic building doors as well as innovative solutions for modernisation and maintenance. The company’s objective is to offer the best people flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanising environment. In 2010, KONE had annual net sales of EUR 5 billion and approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.