The new building is understood to have a construction value of around £50m. Once complete, it will be home to the AKDN’s Institute of Ismaili Studies and the Institute for the Study of Muslim Civilisations.

The AKDN is developing a number of plots which sit within Argent’s huge King’s Cross redevelopment.

Argent has a long-standing policy of using the same three contractors on its schemes: Bam, Carillion and Kier.

Last December Argent chose Bam to build its 100,000 sq ft mixed-use Coal Drops Yard development at King’s Cross.

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