Trio of Companies Chosen for Bermondsey Biscuit Factory Development
18/10/24
Sisk, McAleer & Rushe and McLaren Construction have been appointed to deliver four separate buildings for the Biscuit Factory Development in Bermondsey, London.
The trio of firms have been appointed by developer Greystar for the Bermondsey Project, which will provide 1,624 new homes. The brownfield site will be transformed to include retail, leisure, and office spaces, as well as extensive amenities for residents.
The whole scheme is due to be complete in the second half of 2027. Greystar's vision for the Bermondsey Project extends beyond just housing, with an emphasis on creating a vibrant and sustainable new neighbourhood integrated into the existing local community.
Sisk has been chosen to build Building S & T, comprising two towers of up to 36 storeys, containing 472 market-rent homes.
McAleer & Rushe meanwhile has been appointed to construct blocks 1-5, which will deliver 359 homes split between market and intermediate rent, and Building DE, a 20-storey tower with 225 homes alongside a four-storey office space.
Lastly, McLaren is responsible for creating 230 of the total 1,624 high quality build to rent homes in the regeneration project. Block F will be a mixed-use building part of the regeneration scheme, offering new homes as well as retail spaces from the ground floor to level 2 of the building.
Mark Allnutt, Europe Investment Management Leader at Greystar, said: "This landmark development reinforces our commitment to delivering high-quality housing across all segments, from market-rent homes to affordable social housing, while also creating new opportunities for businesses and the local community.
"We are pleased to have closed this debt facility and secured partnerships with leading contractors, who each bring unique expertise and a strong track record in delivering complex urban developments.
"Their contributions will be instrumental in ensuring that the project meets our ambitious goals, not only in delivering homes, but also creating dynamic spaces that reflect the heritage and future potential of Bermondsey."
Source: Sisk secures £181M sweet treat in south London (johnsiskandson.com)