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Mace selected for Greenwich Peninsula development

Mace selected for Greenwich Peninsula development

Property developer Knight Dragon has chosen Mace as the preferred bidder for the next stage of its £150 million development on Greenwich Peninsula. The construction of the NO205 scheme in the Upper Riverside District will include two towers housing 464 apartments, the first of a series of towers planned for the regeneration site. Upper Riverside is due to host nearly 1,000 new homes, and is one of five districts to be developed in this area. Gareth Lewis, chief operating officer for construction at Mace, comments: “Greenwich Peninsula is a fantastic opportunity to be a part of one of London’s largest regeneration schemes and contribute to the ground-breaking work that Knight Dragon is undertaking here.”This venture is the biggest regeneration project to ever be undertaken in London and will result in an entirely new district for the capital on Greenwich Peninsula. Twice the size of Soho, the area will host a community of 28,000, creating 15,720 homes and 12,000 jobs.Based along 1.6 miles of the River Thames, public squares and parkland will make up part of the scheme, along with two schools and independent shops, bars and restaurants. The area will be serviced by the Jubilee Line, with underground and bus services at North Greenwich station to be enhanced to support the growth of the community over the next two decades. Paul Symons, construction director at Knight Dragon, comments: “We are delighted to have selected Mace as the Preferred Bidder for our NO205 project, the next stepping stone in the development of the Peninsula. Mace will be providing final proposals over the next eight weeks with a view to entering into a contract for the works in October 2015. 

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