Mace has won a £200m contract to build the largest building in the first phase of a new University College London (UCL) East campus on the Queen Elizabeth Olympic Park.
The deal, thought to be worth around £200m, involves the construction of Marshgate I, designed by architects Stanton Williams.
Pre-construction work is set to start immediately, while construction work will start In 2019 after completion of the design and agreement of build costs. Completion is expected in 2022.
UCL East will be part of the £1.1bn East Bank development, a centre of culture, education, innovation and growth. The UCL East campus will be located alongside a number of other cultural and creative institutions, including the Victoria and Albert Museum in collaboration with the Smithsonian Institution, UAL’s London College of Fashion, BBC Music and Sadler’s Wells.
The scheme, which is receiving £385m from the Mayor of London Sadiq Khan and £151m from the government, is expected to bring more than 10,000 students to the site, as well as attracting thousands of visitors.
UCL is receiving £100m of the government’s contribution which will be put towards the capital cost of building UCL East.
Terry Spraggett, Mace’s managing director for public sector construction, said: "We are thrilled that Mace has been appointed to deliver the first phase of UCL’s new campus. This ambitious project will build on the fantastic legacy of Queen Elizabeth Olympic Park, creating a high specification, collaborative and state of the art research, innovation and teaching facility in Stratford. We look forward to building on our excellent relationship with the University as we move towards starting on site in 2019.”
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How can the Mayor of London contribute £385m to this project? Surely it is coming from a Government department. Maybe i am being naive; just doesn’t seem to be real.