UK-based construction firm Laing O’Rourke has secured a £76.2m contract from Imperial College London’s development management partners Voreda to build a residential tower.
Upon completion, the 215,000sq ft tower will provide 192 new homes, 59 of which will be reserved for the university’s key workers at below market rents.
The new contract marks the third project on the White City Campus to be awarded to Laing O’Rourke, which is on verge of completing the construction of the 270,000sq ft molecular science research hub and 250,000sq ft translation and innovation hub.
Imperial’s development director for the White City Campus Graham Stark said: “This new residential tower is another exciting step for Imperial in White City. It demonstrates our long-term commitment to delivering a vibrant mixed use community.
“The tower is an integral part of our new 25-acre innovation campus and further establishes Imperial’s presence in the area for generations to come. The campus itself is the largest single development in the college’s history and offers huge potential for the local area.”
Construction work is due to start in May 2016, and is expected to be complete in 2019.