Olympic media centre conversion plans approved

Grant Prior 8 years ago
Share

Plans for the conversion of the former Press and Broadcast Centres on the Olympic Park have been approved by the London Legacy Development Corporation.

Developer iCity has also renamed the scheme Here East.

The site will be a new one million square feet home for the creative and digital industries.

The Enquirer understands that Carillion, Laing O’Rourke and Mace are leading the race for contracts worth £150m to convert the buildings.

A statement from the developer said: “Here East intends to select its preferred contractor in March 2014 with construction work on the former Press and Broadcast Centres beginning in the summer of 2014.”

The work is believed to have been broken down into two contracts being contested by the trio.

The main reconfiguration contract is worth £90m.

A separate £60m fit-out deal is also up for grabs for main tenant Infinity who are looking to host a massive data centre at the site.

Gavin Poole, CEO of iCITY, said: “I am delighted that our designs and plans to develop a world-leading cluster for cutting-edge creative and digital companies have been approved.

“As well as creating thousands of jobs and training opportunities, Here East will provide state of the art infrastructure and capacity for the fastest growing sectors of the UK economy to continue their impressive expansion.

“Redevelopment of the buildings will begin in the summer.”

HereEast Olympic Park

Latest news

50 firms win £3.6bn National Highways renewals deal

Morgan Sindall, Eurovia and Osborne win super regions civils
2 days ago

McLaren wins new Aston Martin F1 factory race

£200m development near Silverstone will take 18 months to complete
24 hours ago

Kent Council seeks four partners for £500m pipeline

Council drops 17-supplier framework to partner with just four contractors
1 day ago

Robertson set to seal £150m Cardiff Arena deal

Cabinet to sign off contractor and business case for construction start next spring
1 day ago

VolkerFitzpatrick wins £82m Hull turbine blades factory

Deal to upgrade and build two more factories follows on from job five years ago
1 day ago

Lorne Stewart battles to return to profit

Harrow-based M&E group begins to curb losses
1 day ago

Henry Construction to build £32m Ealing resi scheme

Financing deal paves way for start on 14-storey scheme
2 days ago

Kier returns to profit after two-year turnaround

Contractor makes £5.6m after £225.3m loss last time
2 days ago

Galliford Try returns to profit with margin at 2%

Order book swells to £3.3bn with 90% of work in place for 2022
2 days ago

Fire hits £120m Tolent Milburngate site

Blaze breaks out behind cavity wall as site evacuated
2 days ago

Roof tile maker Marley to float on stock market

Private equity firm unveils plan to take Britain's largest roof tile maker public
2 days ago

Plans in for Lancashire 1,700 inmate prison

Seven houseblock HMP Wymott 2 planned near Leyland
2 days ago

Michael Gove named new housing secretary

Gove replaces Robert Jenrick in Cabinet reshuffle
3 days ago

Redrow happy for staff to keep working from home

House builder says staff can work "where they are most efficient"
3 days ago

Cleveland Bridge UK collapsed owing over £21m

Estimation error on £11m job, Covid costs and an overseas coup left firm needing £12m to trade
3 days ago

Construction job vacancies soar to record high

Unfilled jobs soar to 37,000, equating to 2.4 vacancies for every 100 jobs
3 days ago

BAM Nuttall chief to exit after 16 months in role

Major projects chief Ian Parish to step up as interim MD
4 days ago

Subbies and suppliers owed £18.7m by WRW

Administrators reveal scale of debts at failed Welsh contractor
3 days ago

Crane company boss killed by falling load

Crane company owner crushed during delivery
4 days ago

Aberla lands £20m package at Viadux in Manchester

M&E specialist to start latest scheme with Domis Construction next month
4 days ago

Former Dunne concrete boss charged

Gordon Dunne and his wife Johanna facing charges of financial irregularities
4 days ago

RED hires Midas director for south west expansion

London contractor sets up Bristol office with Derek Quinn at the helm
4 days ago

Weston launches light-gauge steel panel housing system

New British Offsite business has capacity to delivery 4,000 homes a year
4 days ago

Balfour builds UK’s first T-pylons for Hinkley

First newly designed pylon in nearly 100 years erected in £900m hook-up project
4 days ago

Jetpack launched for hard-to-reach construction sites

Star Wars technology hopes to see site professionals flying off to make building inspections
5 days ago

North East contractors to hold materials shortage summit

Regional firms come together to tackle crisis
4 days ago

Green light for Teesside wind turbine factory

Construction to begin later this year of 800,000 sq ft turbine blade plant
5 days ago

Shepherd counts cost of construction exit six years on

Construction arm records £31m loss from legacy construction project and cladding liabilities
5 days ago

Infrastructure record spend to support 425,000 jobs a year

Government details £30bn of planned procurements over the next 12 months
5 days ago

L&G modular homes losses to date reach £137m

Accumulated losses build but first modular schemes finally start construction
5 days ago

Contractor services