Bouygues bags £55m Taylor Wimpey deal
Taylor Wimpey Central London has appointed Bouygues to build its £55m Paddington Exchange scheme in central London.
Work will start this month to transform a former car park into four residential blocks from eight storeys to 14 storeys high.
Four new commercial units will also be included as part of the development, which is expected to take around two years to deliver and will be handed over in three phases.
Ingrid Skinner, Managing Director of Taylor Wimpey Central London, said: “This marks an exciting step forward for our Paddington Exchange development.
“It is one of the largest and most innovative projects in our portfolio and we are very much looking forward to getting construction underway.
“The appointment of Bouygues UK reflects our commitment to forging industry-leading partnerships to create genuinely high quality and sustainable new communities across Central London.”
Bouygues UK’s Regional Director for Housing in London, John Campion, said: “This latest contract underlines our credentials and solid reputation for working with leading property developers in London.”
Source: Construction Enquirer