Morgan Sindall wins contract worth £115m

11th Aug 2011 06:55

Morgan Sindall, the construction and regeneration group, has secured a major regeneration scheme contract in Chester city centre, with a total development value of approximately £115m. The regeneration scheme was awarded to the company's Urban Regeneration division, Muse Developments, and will focus on developing the city's proposed new Central Business District. The scheme will be complemented by the provision of new public realm, linking the scheme with the station and Shropshire Union Canal.In a statement about the contract, the company said that a planning application is expected to be submitted in early 2012. The scheme, which is expected to take approximately 10 years in total, is expected to commence construction in 2013. Paul Smith, Chief Executive of Morgan Sindall Group, said: "Regeneration schemes of this sort offer great potential for the group in the medium-term and represent exciting opportunities to further expand our regeneration activities."NR