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Fri September 20 2024

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Balfour Beatty signs £150m contract to start The Madison

2 Feb 17 Balfour Beatty has been confirmed as main contractor for The Madison, a 53-storey residential tower block in London’s Canary Wharf district.

CGI of The Madison
CGI of The Madison

The construction contract, worth 拢150m, sees the contractor follow on from its initial 拢1m pre-construction services contract, awarded by developer LBS Properties a year ago.

Rising to 187 metres and located on Marsh Wall, The Madison has been designed by Make Architects as a hexagonal glass clad tower. It houses 423 apartments, from studios to three-bedrooms, of which 104 are classed as affordable homes.

Structural engineer is WSP, cost consultant is Core Five and Hoare Lea is providing mechanical & electrical design.

Piling works have begun and basement excavation is set to start in the coming weeks. The entire project is due for completion in 2020.

LBS Properties director Nick Crawford said: 鈥淏alfour Beatty has impressed us since the initial pre-construction services contract was awarded and we now look forward to working together to see the project through to completion.鈥

Dean Banks, managing director of Balfour Beatty鈥檚 UK Construction Services business, said: 鈥淔ollowing a successful partnership with LBS Properties during the pre-construction phase, we鈥檙e delighted to have been appointed to deliver full construction of this iconic structure. Our in-depth knowledge and expertise will ensure that we can efficiently and effectively, deliver this complex building and further support the on-going transformation of the local area.鈥

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MPU
MPU

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