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Aecom JV wins £150m deal for Manchester towers

Aecom has been selected to build two towers opposite the proposed HS2 station in Manchester.

The company has formed a joint venture with Olympian Homes to construct two towers of 20 and 16 storeys in height.

Aecom will call on the expertise of its New York-based construction arm Aecom Tishman to deliver the project, which is located on Portugal Street close to the Manchester’s Piccadilly station.

Designed by architecture practice 5plus Architects, the two towers will feature 425 homes and have been designed to fit into the wider HS2 masterplan for the city (pictured).

According to the practice’s website, Portugal Street East will “become an important gateway building within immediate proximity of the planned high-speed railway connection to Piccadilly train station”.

The Manchester terminus is expected to undergo a major revamp and expansion for HS2 to cope with the extra passengers the £55.7bn project will bring.

In 2013 Manchester City Council announced plans for a “gateway quarter” around the station modelled on Amsterdam and New York.

The two Portugal Street towers are joined at the ground floor with a podium that will include a reception, gym and commercial space.

The JV marks the first venture in Europe for Aecom Capital and follows on from Aecom scooping the construction contract for the £800m Spire project in London’s Docklands.

Commenting on the Manchester scheme, Aecom Capital Europe senior managing director Ali Abbas said: “This development is a firm foundation for the growth of our European business into the next cycle, and follows on from our successful develop-to-core strategy in the US where we have investments with a total development value of approximately $5bn.”

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