Lendlease on board for £4bn London Euston district

Aaron Morby 4 months ago
Share

HS2 has signed up Lendlease as its development partner to draw up plans for a vast mixed-use regeneration project around Euston Station in London.

Earlier Atkins vision of potential station development

There is a potential to deliver 22 hectares of development space over and around the station site as well as improving accessibility and creating new public and green spaces.

By taking a coordinated approach with station owners Network Rail and pooling publicly-owned land across the site up to 4.8m sq ft of new development could be delivered.

Lendlease beat rivals Westfield Europe, Argent-led Euston Regeneration Partnership, Canary Wharf Group and Landsec to become Euston Station master development partner in a deal believed to be worth up to £40m.

The firm worked with a broad consultant team including Prior and Partners, Grimshaw, Arup, BIG, AHMM, Haworth Tomkins, Asif Khan and AECOM.

The appointment means Arup and Grimshaw will now work on both the surrounding station development and new HS2 station itself after being picked for the HS2 project last month.

The main construction phase is due to begin in 2019  and five bidders have been shortlisted for the station.

London Euston – cost £1.65bn

  • Costain/Skanska Construction UK
  • Mace/Dragados
  • Bechtel
  • BAM Nuttall/Ferrovial Agroman (UK)
  • Canary Wharf Contractors/MTR Corp(UK) /Laing O’Rourke Construction

Dan Labbad, Lendlease chief executive officer of International Operations, said: “We are proud and excited to be selected as preferred bidder to deliver the Euston OSD in partnership with HS2, Network Rail, London Borough of Camden, GLA and wider stakeholders.

“We believe this is a fantastic project in a key area of London which will provide opportunity for all and act as a catalyst for wider UK growth.”

The project will include a new interchange with the London Underground, combining Euston and Euston Square for the first time and including provision for a future connection to a potential Crossrail 2.

Latest news

Multiplex bags £400m New Scotland Yard redevelopment

Multiplex will to start six-tower Westminster Broadway scheme in January
4 hours ago

Balfour Beatty fined £500,000 for white finger exposure

Court hears how workers were exposed to hand-arm vibration for nine years
7 hours ago

McLaren lands new HQ for consultant Dar Group

John F Hunt to start demolition work in August to make way for new nine-storey scheme
12 hours ago

On-site training boost to ease skills shortages

New £22m Construction Skills Fund now open for applications
9 hours ago

Chandler promoted to Wates board

Wates MD, Paul Chandler, ushers in nearly £3bn of new business
10 hours ago

Legal firm moves into cost consultancy

Blake Morgan hires former Aecom director to head project management and cost consultancy
10 hours ago

Fire destroys Kier restoration of Glasgow School of Art

Second major blaze in four years reduces £35m of repair work to ashes
2 days ago

Race starts to build £20m Basildon cinema complex

Basildon town centre’s planned East Square cinema complex up for grabs
15 hours ago

One in four MPs now back retention reform

Aldous Bill second reading delayed to October
15 hours ago

Late payment delays hit 42 days for subcontractors

Firms waiting longer for money despite raft of initiatives to speed up payment
15 hours ago

Mace wins £90m Tunbridge Wells civic centre complex

Mace to agree final design and build price in April 2019 on theatre and civic offices
1 day ago

Caledonian wins £27m haul of MoD orders

Modular specialist ramps up production for MoD Lyneham and Worthy Down projects
15 hours ago

Forrest bags fifth X1 scheme at Chatham Docks

£58m Chatham Waters build to rent blocks get underway
16 hours ago

Mace slims down construction divisions

Former Carillion operations boss to head Mace major projects arm
4 days ago

Subcontractors write-off £2.8bn in bad debts every year

Average firm hit by £16,000 annually in unpaid bills
4 days ago

Pochin’s hires ex-Balfour boss to head construction arm

Jon Adams appointed managing director of Pochin Construction
4 days ago

Wates scoops £150m Birmingham office scheme

Work to start on phase one of Axis Square city centre scheme in February
4 days ago

Faulty tower scaffold led to fatal roof fall

Court hears how a catalogue of mistakes led to death plunge
4 days ago

UCL East starts race for £90m student blocks

Bidding starts for Queen Elizabeth Olympic Park student accommodation
4 days ago

Firefighters and sprinklers contain tower block blaze

Fire breaks out in London 20-storey block of flats on Grenfell anniversary
5 days ago

Heating engineer wins landmark workers rights battle

Pimlico Plumbers boss warns industry faces "tsunami" of self-employed claims
5 days ago

Network Rail ordered to spend an extra £1bn on renewals

Rail watchdog wants more spent replacing worn out rails and smoother spend over CP6
5 days ago

Site cleaners and chefs will no longer need skills cards

CSCS to phase out visitor cards for non construction staff
5 days ago

Costain moving to bigger construction technology centre

Contractor continues to ramp up investment in tech innovations
5 days ago

Green light for £150m Crawley mixed-use regeneration

Tenders due back this month for Crawley town centre rebuild
5 days ago

Wates on the hunt for South West subcontractors

Meet the Buyer event next month: Register now
5 days ago

Problem job sees Multiplex profit slump to £4.4m

Order book rises to £4.2bn on back of major tower projects
6 days ago

Boost your online presence – join the new Enquirer Directory

New site for suppliers and buyers will showcase their products, services and latest stories
2 months ago

Interserve sees shareholder revolt over chief’s pay

More than 17% of shareholders vote against executive remuneration report
6 days ago

Gatwick ramps up five-year spend to £1.1bn

Total investment since airport changed hands rises to £3.14bn
6 days ago

Contractor services