Balfour confirmed for £85m London student scheme

Aaron Morby 1 month ago
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Balfour Beatty has been confirmed for the £85m contract to deliver a mixed-use student accommodation scheme in the heart of the City of London for student accommodation specialist Urbanest.

As tipped in the Enquirer, Balfour will deliver a landmark building for 643 student homes at 35 Vine Street scheme in EC3.

This landmark 14-floor building, also with affordable offices and innovation space for King’s College London, will employ over 250 people at peak.

Occupying the entire site is a two-level basement containing the exposed remains of the Roman city wall and bastion, which will house a gallery enabling the public and building users to view the monument, in addition to a café.

As part of the redevelopment, significant new public space will be created on Jewry Street with a new east-west pedestrian route, enabling pedestrians to cut through the site whilst having a view into the exhibition space.

 

Dean Banks, Chief Executive Officer of Balfour Beatty’s UK Construction Services business, said: “Balfour Beatty has a longstanding relationship with Urbanest having together delivered high quality student accommodation across London throughout the last decade.

“Our selection for the Vine Street development is a testament to Balfour Beatty’s ability to operate in a confined city centre location to transform a historic site into one of the most exciting mixed-use student housing projects in London.”

Full works are planned to start this year with completion expected in 2021.

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