Norton Folgate deal worth £300m

Two firms are in the running to take on the British Land job earmarked for Kier before it was dropped by the developer in the summer.

Building understands that Mace and Skanska will hear next month who has won the £300m main contract on the Norton Folgate scheme in London.

Kier had long been tipped to land the job after being appointed to carry out pre-construction work at the Shoreditch site on the City fringe.

But in July, Building revealed the developer was opening up the scheme to other firms.

Mace and Skanska are working up final bids for the job which has been drawn up by an AHMM-led design team and was given the green light in January 2016 by then London mayor Boris Johnson.

Demolition contractor Cantillon is currently on site carrying out work to make way for the 335,000 ft² development.

Main construction work is set to start early next year.

Blossom Street (4)

Part of the scheme sits on Blossom Street

Blossom Street (4)

Part of the scheme sits on Blossom Street