McLaren has been appointed lead contractor on the mixed use Masshouse development in Birmingham.
The second phase of the £350m scheme stalled last October when the contractor, David Mclean, went into administration.
The Edward Cullinan & Partners-designed project had been a partnership between David McLean, Nikal and RBS.
It is unclear how much of the project remains to be completed, but the contract is another major win for the Essex-based contractor, which recently picked up the pieces of the collapsed Verry Construction.
The development is a residential development in the centre of Birmingham near the university of Aston.
Developer Nikal confirmed to Construction News this week that McLaren had taken on the job.
David McLean have been the biggest victim of the recession so far, with Verry Construction not far behind.
McLaren were regarded as outsiders to take on Verry when it collapsed earlier this year, with Rok, ISG and Kier also in the running to take on some of the collapsed company’s contracts. The latest win will further boost McLaren’s profile and its burgeoning turnover.
The prize asset from the Verry deal was the £63m Westminster college job, which McLaren has described as the Learning and Skills Council’s “flagship” project as part of the college building programme.
McLaren has grown quickly since being founded in 2001. It recorded turnover of £134m for the year to the end of July 2007.
The firm declined to comment.
Rich pickings: Verry and David McLean
London builder William Verry was placed into administration by Barclays Bank on 5 May. The firm had several large county court judgments against it as well as winding up petitions from suppliers.
The administrators signed an agreement with McLaren Construction to sell the company’s existing contracts.
The 177-year-old contractor had about 120 staff when it went under.
Contracting and house building group David McLean went into administration on 27 October, 2008.
The Deeside-based house builder employed some 320 people and had a turnover of £160 million when it went bust.
The directors had for some time been trying to restructure the group following the downturn in the residential property market.