John Sisk restarts £40m Park Lane apartment job

Aaron Morby 11 years ago

John Sisk has won the contract to deliver £40m of conversion works for the Grosvenor House Apartments project on Park Lane in London.

The consortium of Kuwaiti investors behind the project stopped construction work on  the luxury apartment block and hotel early last year to review funding of the project.

The green light to restart the transformation of the south block of the iconic Grosvenor House on Park Lane comes as Sisk celebrates two other major project wins in the Capital.

Last week the Irish builder landed the £500m main tunnel drive for Crossrail in partnership with Spanish construction group Dragados and secured a £48m high-rise housing deal in Canning Town.

Developer Park Lane Properties has decided to restart the luxury development after securing significant development funding from Lloyds TSB Bank.

Sisk was the original contractor engaged to undertake the building work on the  prestigious project delivering 133 apartments ranging from studios to five bedroom premium sized penthouses.

It is anticipated that construction will be substantially completed by April 2011 with an expected launch in June 2011.

David Sershall, Director, Sisk said: “We believe in working closely with clients on their business objectives and we fully support Park Lane Properties’ strategy to deliver this iconic development.

“It is great news that Park Lane Properties feels that Sisk is best placed to deliver the construction works and we now look forward to the successful completion of the development.”

Mahmoud Samy, from Park Lane Properties, added: “Our commitment and resolve to deliver one of London’s most prestigious projects has remained steadfast as has our relationship with Lloyds Banking Group whose commitment to this unique development has not wavered, even through the worst of the global economic turbulence.

“Together we have worked tirelessly over the past eighteen months to ensure that the Grosvenor House Apartments is a real commercial success, adding a new dimension to the London accommodation market and setting new standards in service, quality and design.”

Latest project news

Willmott Dixon wins £9.7m North Kent College job

Performing and production digital arts block to be built in Dartford
12 months ago

Robertson starts £78m Glasgow build to rent job

Around 430 rental flats to be built at former Strathclyde Police HQ site
12 months ago

McAleer & Rushe tipped for 16-floor Salford hotel

Work to start later this year on 188-bedroom Maldron hotel
12 months ago

B&K set for £54m centre to revolutionise glass industry

Plans go in for St Helens glass research factory
12 months ago

A&H gets start date for next phase of Bristol site

Main contractor chosen by Trebor Developments for Central Approach site
12 months ago

McAlpine starts work on £100m Birmingham build to rent job

37-month construction programme gets underway after funding deal agreed
12 months ago

Keepmoat to build 169 homes at old Ibstock brick yard

Construction to start this spring as house builder looks for more sites
12 months ago

Graham lands deal for £100m School of Public Health

Two-year construction programme to start this spring for Imperial College London
12 months ago

Plan for £50m Farnworth town centre rebuild

Developer hatches 'build back better' future for Bolton satellite town
12 months ago

McAlpine starts on £57m Tower Works site in Leeds

Historic site to contain 245 new homes
12 months ago

BAM confirms £192m Elstree Sky Studio job

Firm finalises price to build the world’s most sustainable film and TV studio
12 months ago

Vinci wins £175m Isle of Grain LNG plant expansion

Firm to build concrete cased tank the size of the Albert Hall
12 months ago

Kier to start £87m Taunton surgical centre

Somerset NHS Trust gives construction go-ahead to Musgrove Park Hospital job
12 months ago

Ardmore to start piling on £155m Hammersmith town hall site

Contractor starts work on transformation of Grade II-listed building
12 months ago

Sisk lands £27m Halifax to Huddersfield road upgrade

Construction to start this summer on A629 improvements
1 year ago

BAM wins Middlesbrough £20m Boho X job

Work to start this summer on seven-floor Boho X digital creative hub
1 year ago

BAM gets main works start date for £68m Salford hospital

Main construction to start next month on new major trauma centre
1 year ago

Kier confirms £64m Cardiff school job

Enabling works well underway for the 1,500-pupil Fitzalan high school
1 year ago

B&K set for £125m Next mega-shed in Yorkshire

850,000 sq ft giant warehouse will be built in South Elmsall
1 year ago

Galliford Try starts £23m Coventry student scheme

Latest university accommodation win in the city
1 year ago

Sisk wins £260m Birmingham skyscraper

Moda picks Sisk for second major tower project in the city centre
1 year ago

GMI starts final £27m phase of Sheffield office complex

Developer Scarborough Group International commits to latest scheme
1 year ago

Henry Construction wins London City Road tower

Work to start shortly on 22-storey red-brick skyscraper project
1 year ago

BAM bags £29m Dartford high school

Work to start on Stone Lodge School in Kent
1 year ago

Bouygues to build latest Tower Hamlets resi block

Construction to start in March on 100 per cent affordable development
1 year ago

Wates to start on Oxford university’s biggest building job

Planning green light means construction can start this summer on £200m Life and Mind Building
1 year ago

Graham tipped for £30m Birmingham tech hub

11-storey office project to be built  in the city’s Eastside area
1 year ago

£250m A1 Birtley to Coal House upgrade approved

Costain A1 upgrade job adjacent to the Angel of the North to start within months
1 year ago

May start for McAleer & Rushe £47m Leeds office job

12-storey City Square House project to start in May
1 year ago

Winvic starts £93m Edgbaston Stadium build to rent job

Civils arm will also deliver highways improvements for Warwickshire County Cricket Club
1 year ago

Contractor services