Carillion wins £90m contract for London development

18th Aug 2014 08:34

Construction group Carillion has won a £90m contract with HUB for the Hoola London project, a residential development in London's Royal Docks. The contract involves the design and construction of a 24-storey tower and one 23-storey tower, which will include 360 residential apartments and one commercial unit. Work will begin immediately and is scheduled for completion by the autumn of 2016.Carillion will use the project to create 40 new apprenticeships."We are delighted to have signed the contract to deliver the Hoola London development," said chief executive Richard Howson. "Being chosen for this prestigious project reflects our reputation for reliable delivery, high standards of quality, value for money and sustainability, together with the strength of our long-term customer relationships."The announcement follows news over the weekend that the company was making a last-ditch plan to rescue its proposed £3bn deal with Balfour Beatty after its rival rejected a second offer. RD