John Laing has finally signed a deal with Croydon council to set up a £450m regeneration company to redevelop four large sites in the borough over 25 years

The urban regeneration vehicle, a 50:50 joint venture using council land and capital from John Laing, will see two 40-storey towers and a total of 1,250 homes and flats built. A new 240,000ft2 head office for Croydon council will also be created. King Sturge advised the council, while EPR Architects, property consultant Knight Frank, engineer Faber Maunsell, planning consultant Indigo and cost consultant AYH worked alongside John Laing.

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