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海角社区app signs £350m Paddington Cube deal to top contracts league

4 Feb 19 Three contracts worth a combined total of £505m propelled Mace to the top of the Builders’ Conference BCLive contract league table for January 2019.

Paddington Cube
Paddington Cube

Sir Robert McAlpine was in second place, with six new contracts won during the month, collectively worth 拢453m.聽

Kier came third with a 21 contract haul valued at a total of 拢397.1m.聽聽

The largest of Mace鈥檚 new contracts formally signed in January is a 拢350m contract for the Paddington Cube in London, from the people that gave us the Shard 鈥 co-developer Sellar Property Group and architect Renzo Piano. The Paddington development, eventually scaled back from original 72-storey skyscraping plans, will comprise a 17-storey office block on the site of the former Royal Mail sorting office next to Paddington station.

Mace also oversaw the construction of the Shard for Sellar, which is what put it in prime position for the Cube, rather than the new Spurs stadium that it has struggled to finish.

Sir Robert McAlpine鈥檚 biggest win of the month is a 拢350m contract to redevelop 1 and 2 Broadgate in the City of London, although work on site is unlikely to start for another year at least.

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Kier鈥檚 biggest January contract is also a commercial building scheme in the capital 鈥 a 拢70m, 12-storey building at Lewis Cubitt Square for Kings Cross Central Partnership.

A further nine contractors signed more than 拢100m of new business during the month.

The Builders鈥 Conference recorded 647 new contract awards during January 2019, shared among 404 different companies, with a total value of 拢5,817.5m.

Builders鈥 Conference chief executive Neil Edwards said: 鈥淎fter 11 consecutive months in which the value of new construction contract awards did not dip below the 拢4.0bn mark, the 拢2.92bn posted in December 2018 was a bitter disappointment filled with ominous portent.聽 But the industry first returned to and then surpassed the 拢4.0bn norm to hit 拢5.8bn in new contract awards, pushing the rolling year total on the BCLive league table to a record-breaking 拢63.3bn and 鈥 temporarily, at least 鈥 allaying fears that December was the beginning of a pre-Brexit wind down.鈥

BCLive Top 20 for January 2019

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