Balfour Beatty awarded £32m Liverpool ‘Baltic Triangle’ residential and commercial scheme
07 January 2015
Balfour Beatty’s UK construction business has been awarded the £32m contract to build Baltic Triangle, a three-tower residential development in Liverpool city centre for developer Neptune Investments.
The two year project will see Balfour Beatty delivering 324 new apartments across three separate towers, which will be thirteen, ten and eight storeys in height respectively. The project will also involve the creation of commercial space, a gym and concierge, and underground car parking for 358 cars.
Balfour Beatty will continue construction on a building previously begun by another developer, strengthening the existing basement and helping to reduce delivery time and costs by using pre-cast wall panels.
Balfour Beatty will recruit apprentices to the project and utilise its established links with Liverpool John Moores University to provide opportunities for students.
Jon Adams, Balfour Beatty Managing Director for Northern Major Projects, said: “Balfour Beatty has extensive experience in delivering high-end residential schemes and of working in Liverpool, where we have recently delivered the Liverpool One and Aloft Hotel developments.
“We have a fifteen year relationship with Neptune Investments and we look forward to working with them to deliver this exciting new £32m development in the heart of the Liverpool docklands.”
Photos can be found of Balfour Beatty Construction Services UK activities on Flickr.
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Notes to editors:
1. Balfour Beatty is a provider of residential accommodation in the private, assisted living, public and student markets offering new build and refurbishment options to its customers, including Housing Associations and local authorities. Balfour Beatty’s record of transforming brown and green field sites into housing developments gives the company the experience and knowledge required to obtain planning permissions and deliver them for both public and private sector customers.
2. Balfour Beatty has an extensive portfolio covering commercial, retail, leisure and mixed-use projects. Recent and current schemes in the capital include the £120m Providence Tower project in London’s Docklands, the £89m St James’s Market building, the £80m Westminster Bridge Road project, £10m 1 Carter Lane, £9m 1 Victoria Street refurbishment, £17m Bishop’s Court, the £60m 13-storey 60 Holborn Viaduct and the £43m 11-storey 40 Holborn Viaduct office accommodation projects. Outside the capital, Balfour Beatty is engaged on the £10m 2-storey Lotus Park project in Staines, the £70m Temple Quay commercial, retail and residential development in Bristol, the £30m Trinity Square CitizenM Hotel project, the £11m Aloft Hotel project and the £49m Barons Quay retail and leisure development in Cheshire. Balfour Beatty also specialises in retained façade work and has recently completed the £32m 1 Bartholemew Lane, the £25m 67 Lombard Street and the £20m 60-62 St Martin’s Lane schemes.
3. Balfour Beatty’s UK and Ireland construction business (www.balfourbeattycsuk.com) is a leading integrator of complex, sophisticated and innovative projects that improve the UK’s and Ireland’s national infrastructure and an experienced provider of local and regional projects that help build lasting communities.
We offer a broad range of capabilities in construction, civil engineering and mechanical and electrical engineering services.
With offices throughout the UK and Ireland, we deliver a locally-focused service with the support of our national network of expertise and resources.
Balfour Beatty’s UK and Ireland construction business employs over 9,000 people.
4. 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 and the USA, with developing businesses in Australia, Canada, the Middle East, South Africa and South East Asia. With proven expertise in delivering infrastructure critical to support communities and society today and in the future, our key market sectors focus on infrastructure - transportation (roads, rail and aviation), power and energy, water, and complex buildings (both commercial and social).
Balfour Beatty employs 40,000 people around the world.