Specialist groundworks and concrete contractor Mitchellson has secured a $23m (£17m) contract from main contractor Sir Robert McAlpine for the £350m ($485m) Morello II twin tower residential scheme located next to East Croydon station in the UK.
Under the terms of the contract, Mitchellson will deliver foundations and concrete frame for the two 25-storey residential towers.
Mitchellson will commence groundwork at the site in March.
Once built, the two towers will feature a total of 338 flats. Another 118 flats for shared ownership and social rent will be built in an adjacent nine-storey complex, called Cherry Orchard Gardens.
The Morello estate will feature 20,000ft2 of retail and commercial floor space, in addition to new public space and a link bridge to the train station.
Mitsubishi Estate London and Menta will fund the project.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe Cherry Orchard Gardens will be owned and operated by Clarion Housing Association.
The MEP contract for the project has been bagged by independent building services contractor, Briggs and Forrester.
Earlier this month, after securing a £100m forward funding deal with Legal & General on its Hockley Mills build to rent scheme in Birmingham’s Jewellery Quarter, Sir Robert McAlpine Capital Ventures (SRMCV) began the development with construction work commencing on site.
Legal & General will fund the site at Hockley Mills on behalf of its Built to Rent (BTR) and Access Development Partnership, a joint venture between Legal & General Capital and PGGM.
SRMCV’s sister firm, Sir Robert McAlpine, was hired as contractor for the development and started construction on a 37-month programme in January this year.
During the course of the programme, 395 apartments of one, two and three bedrooms will be delivered. It will feature 116 car parking spaces and 28,000ft2 of commercial space for retail, leisure and offices.
————————————————————————————————————————————-
A total of 338 flats will be built in the two towers. (Credit:joffi from Pixabay)