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Greenwich means business

Greenwich in south London already has an arena, a cable car and Elvis Presley*.

But all those attractions are about to be joined by thousands of new homes, shops and restaurants.

Today, Construction News revealed that Bouygues and Mace are in the running to build the next phase of Knight Dragon’s impressive Greenwich Peninsula project.

The successful contractor will build around 450 homes, which once completed will help to turn a former industrial site into a new residential neighbourhood.

The Asian client has some seriously ambitious plans for the area, with 15,000 homes planned across the phases and an investment already up to £500m.

New retail units, schools, hotels and even a golf range are planned as well over the coming years.

Work on the Lower Riverside area of the site is already well underway, with contractors such as Kier and Wates onsite.

Kier picked up two contracts with Knight Dragon after it was appointed to replace GB Building Solutions following the latter’s collapse earlier this year.

It was no doubt a disappointment for the client to lose a contractor with which it had worked closely for some time.

In May, Construction News reported that Knight Dragon was looking to lock in some of its supply chain by signing a pre-contract agreement with a cladding company for one of its residential buildings.

The developer has also launched an onsite tool hire facility to centralise logistics and make equipment hire easier for its supply chain – something that will prove useful as work begins to pick up.

* The King has Arrived is an exhibition on Elvis Presley’s life. For those of you who haven’t seen it take a look. Even if you’re not an Elvis nut (like me) it’s definitely worth a friend/family outing.

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