New £40m home build contract for Willmott Dixon
International construction firm Willmott Dixon has been awarded the £40 million contract for the creation of 206 new homes on the Greenwich Peninsular in the capital.
Work on the project is expected to get underway in early 2015, with specification for the scheme including a range of mixed-tenure properties.
It forms part of a joint venture between Taylor Wimpey Central London and Countryside Properties, with Willmott Dixon having beaten a number of big names in the UK construction sector to the contract - including Bouygues, Interserve, Laing O’Rourke, Lend Lease and Morgan Sindall.
Charlie Scherer, chief operating officer for Willmott Dixon's housing company, said: "Our expertise in building homes for all types of tenures will ensure the successful delivery of this key phase in the on-going transformation of the Greenwich Peninsular.
"Greenwich Millennium Village will soon be home to thousands of people, creating a vibrant community in a great location."
The project forms part of extensive plans for the transformation of the Greenwich Peninsular - currently home to the Millennium Dome - into a lively inner-city community, complete with all the necessary amenities and services.
In total, it is hoped that up to 1,800 new homes can be built at the site in the next 15 years.
Elsewhere, Willmott Dixon also recently celebrated the award of a new £250 million regeneration deal for Tower Hamlets in the heart of London.
The project is set to include the construction of 105 private sale homes in its initial phase - the first of ambitious plans for the delivery of more than 1,000 properties over the next 12 years.
Brian Brady, managing director of Willmott Dixon's residential development business, stated: "After a lot of work in the planning stage, we can now start on site and help turn what is an exciting vision into reality."
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