Bouygues UK, a British subsidiary of French company Bouygues Construction, has secured a contract worth more than £100m from Taylor Wimpey Central London to build the first phase of Postmark, a project comprising two building complexes, in Farringdon district, London.
Taylor Wimpey Central London is a property developer in the UK.
West Central 1, the first phase of a four-phase masterplan, will deliver 681 homes. It will consist of 214 homes, including studios and three-bedroom apartments, in a building ranging in height from six to 15 storeys.
Designed to achieve a BREEAM ‘Excellent’ rating, the building will offer shared spaces, including a concierge service, a rooftop terrace, a cinema and a gym.
The exterior development will consist of a mix of resident and public spaces, including a courtyard, a shaded terrace, shops and open landscaped spaces.
Taylor Wimpey Central London managing director Philip Jenkins said: “With its central, high profile location and scale, Postmark is a flagship scheme that we are immensely proud of.
“For the first phase, we have chosen a trusted partner with whom we have already completed a number of successful Central London projects.
“We look forward to working with Bouygues UK again, bringing forward the first chapter of this landmark project together.”
Work has already commenced on site. The first completions are expected in 2020 and final completion in 2021.
Around 350 to 400 people are expected to work onsite at peak construction period.
Bouygues UK chair and Bouygues Construction UK country manager Fabienne Viala said: “We are excited about our new collaboration with the teams of Taylor Wimpey Central London on this residential project.
“In the past, Taylor Wimpey and Bouygues UK have collectively demonstrated the quality of our expertise, our partnership approach and our combined capacity for innovation on such residential schemes as North Wharf Gardens and Greenwich Millennium Village.
“We are looking forward to building the first phase of the Postmark project.”
Image: A rendering of the Taylor Wimpey Central London Postmark project. Photo: Courtesy of Bouygues UK.