Galliford Try gains its biggest ever contract
By Neill Barston03 September 2014
Construction firm Galliford Try has gained its largest ever contract, to build the £81 million (€101 million) Great Eastern Quays project in East London, UK.
The regeneration scheme, which is being carried out by its partnerships business working with Notting Hill Housing, will create up to 350 mixed tenure homes, as well as involve the development of public spaces surrounding the site.
In addition, the company has gained £20 million (€25 million) of funding from the government-backed Homes & Communities Agency towards building of 858 affordable homes across the country. This is believed to be the largest such award of its kind to a commercial property developer in the UK.
The firm’s chief executive, Greg Fitzgerald, welcomed the development as an important step forward for its provision of affordable housing.
He said, “Affordable housing has become a real success story for our company across the country. The selection of partnerships for its biggest ever single contract by Notting Hill Housing is testament to the strength of the brand and the hard work of the team.
“Likewise, our track record in extra care continues to resonate with clients and we look forward to working with our partners to produce high quality housing for their customers.”