Galliford Try wins Silvertown Way contract
Construction firm Galliford Try has been selected as preferred developer by the Greater London Authority (GLA) to deliver the Silvertown Way development in Canning Town, East London.The £360 million project - the largest standalone scheme the company has undertaken - will involve the creation of over 1,100 mixed tenure homes across 11 individual blocks. It is to be delivered through an existing joint venture vehicle with Thames Valley Housing Association, with a third of the homes offered as market rent for its subsidiary, Fizzy Living.In addition to the residential properties, which will be constructed for sale, rent and shared ownership, a hotel, restaurant, employment and commercial space are to be provided. Linden Homes, Galliford Try Partnerships and Galliford Try Infrastructure will work on the project.The construction firm has also been appointed as preferred developer for a 210-home regeneration scheme in the Bristol region by the Homes and Communities Agency’s (HCA’s) Delivery Partner Panel. This scheme is expected to have a gross development value of approximately £40 million.Galliford Try chief executive Greg Fitzgerald said: "We are delighted to have been selected for both these schemes, which underline our strong relationship with the GLA and HCA. "These schemes are testament to the combined resources of the group and our proven expertise in regeneration and affordable housing projects. It underlines our continued investment in delivering much-needed homes and working in long-term partnerships with our partners in the sector."Earlier this month, Galliford Try announced it had been awarded work on two major new affordable housing projects worth a combined total of £106 million.Notting Hill Housing appointed the firm to build the £81 million Great Eastern Quays scheme in East London, involving the construction of up to 350 mixed tenure homes, as well as business, retail and leisure areas.In addition, registered provider Coast and Country Housing selected Galliford Try to work on a £25 million contract to deliver six new Extra Care developments in Redcar.
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