Balfour Beatty to deliver phase I of East Wick and Sweetwater development

WCN Editorial Team 8 Apr 2019 EUROPE BUILDINGS

International infrastructure group Balfour Beatty has received a contract worth £102m to build the first phase of the East Wick and Sweetwater development at Queen Elizabeth Olympic Park in the UK.

The development will be delivered on behalf of East Wick and Sweetwater Projects Phase 1.

Representing the first of seven construction phases, the contract will include the construction of four mixed use buildings, comprising of 302 apartments, townhouses and duplex residencies and multiple associated commercial facilities such as retail and leisure amenities.

Balfour Beatty Investments, in collaboration with Places for People, will offer equity for the construction works with borrowed funding provided by Homes England.

Upon completion, the new East Wick and Sweetwater neighborhoods will transform Queen Elizabeth Olympic Park through providing a new part of East London and 1,500 new homes for the community.

Balfour Beatty said that the project will target BREEAM Excellent status, which is an environmental assessment method that monitors the sustainability performance of commercial buildings.

As per Queen Elizabeth Park’s Biodiversity Action Plan, the 20% of the main building materials will be used from re-used and recycled sources.

Ground preparation works for the project has been commenced in early 2019, and is expected to be completed in spring 2021.

Balfour Beatty London Regional construction business managing director Graham Hill said: “This contract award builds on Balfour Beatty’s strong relationship with the Queen Elizabeth Olympic Park and the London Legacy Development Corporation, having constructed the London 2012 Aquatics Centre and delivered transformative engineering works to the London Olympic Stadium.

“We look forward to providing East London with a lasting legacy by creating a range of employment opportunities for local people and businesses through the development of this new and exciting neighborhood.”

With around 26,000 employees, Balfour Beatty develops, builds and maintains complex infrastructure such as transportation, power and utility systems, social and commercial buildings.

The company, which has major operations in the UK, the US and Hong Kong, developed London Olympics’ Aquatic Centre, Hong Kong’s first zero carbon building and the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.

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Image: The first phase will include the construction of four mixed use buildings, including 302 apartments, townhouses and duplex residencies. Photo: courtesy of EG Focus/Wikimedia.

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