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Balfour Beatty awarded £121 million London hotel contract

05 July 2013

Balfour Beatty, the international infrastructure group, announces today that it has been awarded a £121 million contract for an 18-storey hotel, leisure and apartment complex in North Greenwich Peninsula, London for Grove Developments Limited.

Following early contractor involvement, Balfour Beatty will design and build the 452-room hotel with leisure and conference facilities, accompanied by 100 serviced apartments. The contract will also involve hard and soft landscaping works designed to create VIP access to London’s O2 arena.

The hotel will be built to the BREEAM ‘Excellent’ rating, the industry’s highest accolade for sustainable best practice in building design, construction and operation. Green design features include photovoltaic panels and rainwater harvesting, which will lower the building’s energy consumption and reduce demand on mains water.

Sustainable construction methods are also being used to minimise adverse environmental impacts. All hotel and apartment bathrooms will be constructed off site as individual modules before being transported and installed on site. This modular system saves construction time on site and reduces carbon emissions by minimising the volume of lorry movements.

The new hotel will support tourism in the UK’s capital by providing quality leisure and accommodation, within close proximity of excellent transport links to London’s tourist attractions and forms part of the wider regeneration of the Greenwich.

Balfour Beatty Chief Executive Officer, Andrew McNaughton, said:

“We are delighted to see that our customers are eager to embrace sustainable best practice to develop a scheme that will help promote UK trade and investment, and welcome the opportunity to apply the sustainable construction methods we have been developing as part of our complex building offering.”

Work will begin this summer and is due for completion in summer 2015.

Also this week, Balfour Beatty confirms its appointment to construct an £11.7 million Aloft Hotel development project for Ashall Property Limited. Situated on the corner of North John Street and Dale Street in Liverpool’s city centre, the scheme will transform the unoccupied Grade II listed, gold-domed Royal Insurance Building into a 116-room design-led Aloft Hotel.  

London hotel

Analyst/investor enquiries:

Basak Kotler
Balfour Beatty plc
Tel. +44 (0) 20 7216 6924
basak.kotler@balfourbeatty.com

Media enquiries:

Maitland
Tel. +44 (0) 20 7379 5151

Notes to editors:

Balfour Beatty (www.balfourbeatty.com) is an international infrastructure group that delivers world class services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance. Our businesses draw on more than 100 years of experience to deliver the highest levels of quality, safety and technical expertise to our clients principally in the UK, the US, Southeast Asia and the Middle East. We continue to develop our business in key growth markets in South Africa, Australia, Canada, Brazil and India.  With proven expertise in delivering infrastructure critical to support communities and society today and in the future, our key market sectors include transportation (roads, rail and aviation), power and energy, mining, water and social infrastructure such as hospitals and schools. Balfour Beatty employs 50,000 people around the world