Two programme managers are believed to be bidding to oversee a £4bn scheme that borders the site planned for the Olympics in East London.

Lend Lease and Bechtel are believed to be vying for the role on the Stratford City scheme. Sources say that Mace has dropped out of the running for the project.

London Mayor Ken Livingstone recently approved plans for Stratford City, which will occupy 73 ha and include 5,000 homes, 120 shops and 460,000 sq m of commercial space, creating around 34,000 jobs. Newham Council has already signed off the scheme.

Mace is part of a consortium believed to be on a shortlist of three for another key job in the area – the Olympics programme manager role. The other members of the Mace consortium are Davis Langdon and Deloitte.

Stratford City Development Partnership, which is running the eponymous project, comprises developers Chelsfield and Stanhope and London & Continental Railways, the company building the Channel Tunnel Rail Link station at Stratford.

Stratford City was originally scheduled for completion after 2012, but the project has been brought forward in order to be ready before the Games.

Source

QS News