Laing O’Rourke has been awarded a contract by Imperial College London‘s development management partners Voreda to construct a residential tower on behalf of the College.
Once completed, the tower will provide 192 new homes, including 59 earmarked for Imperial key workers at below market rents.
The £76.2 million contract award is the third project on the White City Campus to be awarded to Laing O’Rourke.
The developer is now only a few months away from completing the construction of the 270,000 sq ft Molecular Science Research Hub and 250,000 sq ft Translation and Innovation Hub, also on behalf of Voreda and Imperial.
The 215,000 sq ft tower is the next milestone in the development of Imperial’s White City Campus , the College’s major new campus, co-locating world-class researchers, businesses and higher education partners to create value from ideas on a global scale.
Paul Sheffield, Managing Director of Laing O’Rourke’s Europe Hub said: “We are delighted to be continuing our ongoing relationship with both Imperial College London and Voreda and look forward to delivering a residential building which will create a landmark building for the White City Campus”
Graham Stark, Imperial’s Development Director for the White City Campus said: “This new residential tower is another exciting step for Imperial in White City. It demonstrates our long-term commitment to delivering a vibrant mixed use community.
“The tower is an integral part of our new 25 acre innovation campus and further establishes Imperial’s presence in the area for generations to come. The Campus itself is the largest single development in the College’s history and offers huge potential for the local area.”
The Laing O’Rourke team is due on site in May with completion expected in 2019.