Skyscraper · United Kingdom

What is the contract value of The Shard?

The Shard, formerly London Bridge Tower, is the 309.6 metre Renzo Piano-designed skyscraper in Southwark, London, built by Mace for the developer Sellar and Qatari investors, topped out on 30 March 2012 and inaugurated on 5 July 2012. Construction News reported on 24 February 2009, when Mace was appointed main contractor, that a bid believed to have been around 350 million pounds had increased to as much as 435 million before settling at around 425 million pounds.

Contract value

£425 million

Approximately $662.08 million

Cost basis: 2009

The Shard, taken from the Sky Garden atop the "Walkie-Talkie". A window is open, which allows a crane to lower a box that holds the window cleaners. The people walking at the bottom of this tower are approximately 170 × smaller than the building. Photographer's notes: The image is stitched from 28 landscape-orientation frames in three columns. The viewpoint is the balcony of the "Sky Garden" at the top of the Walkie-Talkie. This is approximately halfway up the 306m Shard and 750m distant. A Sony
ColinCC BY-SA 4.0

Cost record

How the cost changed

Budgets, contracts and final costs may cover different stages. Each figure keeps its own year and source.

Contract value

2009

£425 million

Approximately $662.08 million

building.co.uk

Project metrics

Key dimensions

Heightconstructionnews.co.uk
309.6 m

Project record

Timeline

  1. 2009

    Construction started

    constructionnews.co.uk

  2. 5 July 2012

    Opened or launched

    constructionnews.co.uk

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