Firm beat McAlpine to £160m scheme
Laing O’Rourke has formally been awarded the deal to build a 55-storey tower in Salford.
As tipped by Building in February, the firm beat Sir Robert McAlpine to build the residential block called One Heritage Tower.
The overall value of the deal is £160m with the construction contract understood to be worth around £115m. Client on the scheme is One Heritage Property Developments, a Hong Kong-based investment fund.
The job, which has been designed by OMI, won planning in January and will include 545 apartments, gym, commercial space and a residents’ library.
Work is expected to start later this summer with others working on the scheme including project manager Box Clever, building services engineer Crookes Walker Consulting and structural engineer DP Squared. Cost consultant is Gardiner & Theobald.
Meanwhile, Laing O’Rourke has appointed Seamus French, chief executive of Anglo American’s bulk commodities business, to its group board as non-executive director.
Last week, the firm said it had appointed a new chief financial officer to succeed Stewart McIntyre who steps down in September. Rowan Baker joins from McCarthy & Stone where she is currently chief financial officer.