UK
Ireland
Scotland
London
Construction News
02/02/2017
Balfour Beatty Secures £150m Contract
Balfour Beatty has won a £150 million contract to build a new residential tower in London.
The contractor will develop the 53-storey 'The Madison Tower' featuring 423 apartments, a residents' lounge and business facilities at Canary Wharf.
Balfour Beatty signed a £1m pre-construction services agreement with LBS Properties in 2016.
Piling works and basement excavation works are now underway. Main construction is expected to be complete in 2020.
Dean Banks, Managing Director of Balfour Beatty's UK Construction Services business, said: "Following a successful partnership with LBS Properties during the pre-construction phase, we're delighted to have been appointed to deliver full construction of this iconic structure. Our in-depth knowledge and expertise will ensure that we can efficiently and effectively, deliver this complex building and further support the on-going transformation of the local area."
Nick Crawford, Director at LBS Properties, added: "Balfour Beatty has impressed us since the initial pre-construction services contract was awarded and we now look forward to working together to see the project through to completion."
(LM/MH)
The contractor will develop the 53-storey 'The Madison Tower' featuring 423 apartments, a residents' lounge and business facilities at Canary Wharf.
Balfour Beatty signed a £1m pre-construction services agreement with LBS Properties in 2016.
Piling works and basement excavation works are now underway. Main construction is expected to be complete in 2020.
-- Advertisement --
Dean Banks, Managing Director of Balfour Beatty's UK Construction Services business, said: "Following a successful partnership with LBS Properties during the pre-construction phase, we're delighted to have been appointed to deliver full construction of this iconic structure. Our in-depth knowledge and expertise will ensure that we can efficiently and effectively, deliver this complex building and further support the on-going transformation of the local area."
Nick Crawford, Director at LBS Properties, added: "Balfour Beatty has impressed us since the initial pre-construction services contract was awarded and we now look forward to working together to see the project through to completion."
(LM/MH)
Latest Construction News
07/02/2025
Bury Council has appointed build-to-rent specialist Placefirst as its preferred partner to convert the 30,000 sq ft Humphrey House office site into 74 high-quality rental homes in the town centre.
The project is part of Bury's broader regeneration efforts and aligns with the Council’s housing strat
07/02/2025
Tata Steel UK has selected Skanska to lead the design and project management of its state-of-the-art electric arc furnace (EAF) project, a major step toward low-carbon steelmaking in South Wales.
Under the agreement, Skanska's Technology division will be responsible for civil and structural design,
07/02/2025
Durham County Council is set to discuss a major acquisition that could significantly boost the city's economy, as Cabinet members prepare to decide on the purchase of the Milburngate development in the city centre.
Councillors will meet next week to consider negotiating the purchase of the site’s f
07/02/2025
The transformation of the Gascoigne East Phase 3b project has reached a significant milestone, with the topping out of 334 new homes marking a major step forward in delivering much-needed housing for the local community.
Wates, working alongside Be First, the urban regeneration arm of Barking and D
07/02/2025
Passengers travelling between Portsmouth, Havant, and Fareham will face significant disruption from Saturday, 15 February to Friday, 21 February 2025, as Network Rail carries out critical engineering upgrades.
During the seven-day closure, sections of the railway will be shut, with rail replacemen
07/02/2025
Housebuilder Cora Homes has appointed Matthew Westwood as its new Managing Director.
Matthew brings extensive housebuilding experience, a deep passion for growth and a determination to overcome industry-wide challenges to the Northamptonshire-based housebuilder.
His knowledge of the sector, combin
07/02/2025
Oxford City Council has approved plans to redevelop Oxpens.
Councillor Alex Hollingsworth, Cabinet Member Business, Culture and Inclusive Economy, said: "After years of land assembly, the redevelopment of Oxpens is an important step forward for Oxford and we’re pleased it has been approved so it ca
07/02/2025
Construction is set to begin on a new Sixth Form Centre at Station Quarter, bringing a state-of-the-art education facility to Telford.
The project will see the former Addenbrooke House offices transformed into a cutting-edge learning hub, allowing Telford College to relocate and expand its A-Level
07/02/2025
Persimmon Homes has promoted Rochelle Theaker to the role of Finance Director at its Wessex business.
Rochelle will be heading up the finance department for the Malmesbury-based business – which also has sites in Didcot, Swindon, Warminster, Frome, and Chippenham – and will be responsible for budge
07/02/2025
We understand that your livelihood depends upon your equipment, SSD Safety hold a range of spare parts so that they can offer a quick turnaround time for the return of your equipments.
SSD safety equipment servicing rates are extremely competitive. They always quote for any additional repair work t
