Three Big Constructors Take The Biscuit

• Browse By Section
• News
• Three Big Constructors Take The Biscuit

Sisk, McLaren Construction and McAleer & Rushe have been appointed to build four buildings on the site at of a former biscuit factory in Bermondsey, south London by Greystar.

Sisk will be largely responsible for two towers which will in themselves will deliver 1,624 new homes in total – with 338 being Social Rent homes and 472 market-rent homes, to be developed by London Square and operated and owned long-term by registered provider Square Root. The remainder will be for sale. Sisk’s deal with Greystar Real Estate Partners, LLC is valued at £181m.

Sisk has been chosen to build Buildings S & T, comprising two towers of up to 36 storeys. This forms part of the Bermondsey Project. The brownfield site will be transformed to include retail, leisure and office spaces, as well as extensive amenities for residents.

 

Completion

The whole scheme is due to be complete in the second half of 2027. Greystar’s vision for the Bermondsey Project extends beyond just housing, with an emphasis on creating a sustainable new neighbourhood integrated into the existing local community.

The buildings are targeting Home Quality Mark 4 Star for the residential spaces and BREEAM Excellent certification for the commercial areas. Additionally, the development will retain a portion of the former packing factory, which features exposed concrete structures and 10-meter-high ceilings.

Ger Hayes, the managing director at Sisk says: “We are happy to be selected as main contractor for Plot S and Plot T at The Biscuit Factory, Bermondsey. Both residential towers will stand at 35 and 28 storeys high and will create a significant addition to the London skyline. Logistically, it is a challenging project due to the proximity of our site to the main line into London Bridge station but our experience and expertise of delivering large complex high rise, high density residential and infrastructure in large public spaces will play a key role in this project's success. We are excited to collaborate with Greystar and our long-standing supply chain partners to lower the carbon footprint of both buildings, by leveraging MMC and offsite manufacturing, while also engaging with the local community to create a lasting impact.”

 

Greystar Real Estate Partners

Mark Allnutt at Greystar says: “This landmark development reinforces our commitment to delivering high-quality housing across all segments, from market-rent homes to affordable social housing, while also creating new opportunities for businesses and the local community. We are pleased to have closed this debt facility and secured partnerships with leading contractors, who each bring expertise and a strong track record in delivering complex urban developments.

 

Start

Construction began earlier this year, with the first homes expected to be ready for occupation in the autumn of 2025 and the whole scheme expected to be complete in the second half of 2027.

 

McLaren Construction

McLaren Construction’s MD for Regeneration, John Butten, says: “The regeneration of the Peek Frean biscuit factory is an important project for the wellbeing of the community in Bermondsey and for adding much needed affordable housing to the area. Working alongside Greystar who are leaders in rental housing, we will deliver Block F to the highest quality and sustainability standards, while engaging with the community and creating opportunities in alignment with the client’s objectives for the long-term prosperity of the local area.”

 

McAleer & Rushe

Darragh Greenan, a director at McAleer & Rushe, sasy: “We have been entrusted by Greystar with two out of the four distinct plots, Buildings 1 – 5 and Building DE, to help bring their vision for the Bermondsey Project to life. At McAleer & Rushe, we pride ourselves on being the trusted construction partner for large-scale, multi-phased regeneration schemes that aim to not only build homes but to create thriving, new sustainable neighbourhoods. We are committed to delivering homes to the highest standards, while working closely with the local community over the next three years to make a lasting and positive contribution.”

 

Picture: How the two towers on the site of the former Peek Frean biscuit factory in south London are planned to look.

Article written by Cathryn Ellis
10th October 2024

Share

---

---

Related Articles

---