Londonewcastle and Bouygues Development announce consortium with Westminster Developer Framework appointmentJanuary 09th 2013
London property developer Londonewcastle has established a consortium with property developer Bouygues Development. The success of the collaboration has been marked with the consortium’s appointment on to Westminster City Council’s Developer Framework Panel.
The consortium will tender for housing renewal and regeneration projects in Westminster which have a value of more than £400m. Furthermore, the agreement has an option for Tri-Borough partners Hammersmith and Fulham and Kensington and Chelsea to also use the panel, which could see the total value of works rise to £900m.
Cllr Jonathan Glanz, Westminster City Council’s Cabinet Member for Housing and Property, said of the appointment:
“We have chosen to work with eight developers who have a proven track record in delivering high quality homes and open spaces in areas with a similar urban environment to Westminster.”
Londonewcastle and Bouygues Development have come together to meet local authorities’ complex housing needs on regeneration projects throughout London. The consortium draws on Londonewcastle’s design and development management expertise with Bouygues Development’s experience in delivering sustainable regeneration schemes, construction expertise and a track record of successful delivery.
David Barnett, CEO of Londonewcastle commented:
“Together Londonewcastle and Bouygues Development are a powerful partnership that offers London’s local authorities a genuine alternative to the conventional house builder approach. Our shared vision to deliver design-led urban regeneration throughout London makes for a compelling story and we look forward to working with Westminster on the framework.”
Richard Fagg, London Director of Bouygues Development, added:
“We are really pleased to have joined forces with Londonewcastle and to be tendering for projects within Westminster’s developer framework as part of the wider regeneration scheme throughout the borough. With Londonewcastle’s experience in design and development management and Bouygues Development’s history of partnering with local authorities and delivering sustainable living solutions, we are confident of a successful partnership”.
Londonewcastle is renowned for its innovative and creative approach to residential development and is responsible for award-winning schemes in Islington, Clerkenwell, Camden, St John’s Wood and Chelsea.
In London, Bouygues Development has been responsible for a range of projects, including the on-going regeneration of Canning Town in Newham and London Borough of Barking & Dagenham’s retail led regeneration of the London Road town centre site. Bouygues Development is currently working in partnership with local authorities to deliver in excess of 1,500 units across the city.Category: Development news
Tags: Bouygues Development, consortium, London Borough Barking and Dagenham, Londonewcastle, Richard Fagg