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03/08/2011

Galliford Try Wins Docklands Regeneration Deal

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The housebuilding and construction company, Galliford Try, has confirmed that its joint venture with Notting Hill Housing Group has been selected as preferred developer for the Gallions Quarter development in Royal Docks, London.

Galliford Try will construct 170 homes in the second phase of the 700-home development, which also includes commercial and retail premises as part of a major regeneration programme of the area commissioned by the London Development Agency.

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The contract will be worth £23 million to Galliford Try, with construction on the second phase set to begin in May 2013. Fellow construction companies United House and Durkan will work with Notting Hill on the other two phases.

Galliford Try Chief Executive Greg Fitzgerald said: "We are delighted to have been selected as part of the Notting Hill joint venture by the LDA for what will be a major regeneration of that part of east London.

"This contract is further proof of the success of our Partnerships model which has seen us successfully enter framework agreements with a growing number of housing associations in the South East in recent months."

(CD/BMcC)

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