Balfour Beatty subsidiary Mansell has won a £65 million contract to redevelop the Wornington Green Estate in London for the Kensington Housing Trust.
Mansell will build 324 homes and provide improved facilities and open space as part of the overall Wornington Green regeneration scheme.
Around 55 per cent, 178 homes, will be for affordable allocation and 45 per cent for open market sale. Construction work will begin in Autumn 2010 with completion in 2014.
Balfour Beatty chief executive Ian Tyler said: “We are delighted to have been awarded this project and look forward to working with the Kensington Housing Trust in partnership with local stakeholders to enhance the Wornington Green area for the community.”
Mansell has worked with the Catalyst Housing Group, which controls Kensington Housing Trust, for over seven years.
The overall Wornington Green regeneration scheme, which is estimated to be worth over £250 million, will provide up to 1,000 homes and additional commercial space and will further integrate Wornington Green into the North Kensington neighbourhood.
Work on the further phases of the scheme will be awarded later in the year.