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  • Financial Close reached on phase one of the transformation of Canning Town

    December 20, 2012

    After three and a half years of extensive planning for the regeneration of Canning Town, Bouygues Development reached financial close on phase one of the project last week. Recently named Hallsville Quarter*, construction work has now begun to create a new town centre in the heart of Canning Town.

    This major milestone was marked with a groundbreaking ceremony attended by representatives from the three key parties responsible for the development: Sir Robin Wales Mayor of Newham; Madani Sow, Chairman of Bouygues UK and Bouygues Development and One Housing Group Chief Executive, Mick Sweeney.

    The design and build contract is being carried out by Bouygues UK and construction on this £70 million (gross development value) phase one of the scheme will complete in early 2015.

    The £600 million (gross development value) town centre scheme is the critical element of the London Borough of Newham’s £3.7 billion Canning Town and Custom House Regeneration Programme. The six hectare site will reconnect the areas north and south of the A13 flyover – linking Canning Town Corner with Barking Road and Rathbone Market – to create a thriving, accessible and safe town centre.

    Phase one of the scheme will comprise 179 residential units of private and affordable housing, and a Morrisons supermarket of over 7,000 square metres. The entire town centre scheme to be delivered over five Phases includes approximately 1,100 mixed tenure housing units, more than 30,000 square metres of leisure and retail space and over 3,000 square metres of space for community facilities and a health centre. New pedestrian links and cycling provision is also included, as well as 1,100 secure parking spaces. The entire scheme is scheduled to be completed by 2024.

    Madani Sow, Chairman, Bouygues UK and Bouygues Development says:

    “Everyone involved in this scheme has worked tirelessly over the last three and a half years to reach this point so it is fantastic that we will shortly be commemorating such a pivotal moment in Canning Town’s rich and fascinating history. Bouygues UK and Bouygues Development are enormously proud to be part of such a transformational scheme in East London, a great example of the city’s continuing eastward shift”.

    Sir Robin Wales, Mayor of London Borough of Newham says:

    “After a fantastic year that showcased the changing face of Newham what better way to end it than with the start of this transformative regeneration scheme. Hallsville Quarter will be a thriving town centre that reflects our aspirations for the borough and our residents. It will also establish a brand new commercial and residential hub for the whole of East London.

    “This is a huge milestone for the area and I am delighted to see our years of hard work come to fruition as construction begins.  I look forward to working with our partners over the next decade to deliver this ground-breaking scheme.”

    Mick Sweeney, Group Chief Executive at One Housing Group said:

    “I am delighted to see Hallsville Quarter progress to this significant stage of the project. This scheme will provide much needed affordable homes in East London and will create a diverse, sustainable community.”

    Richard Haynes, Development Executive at Morrisons, said:

    “As we expand our presence in the capital, Morrisons is delighted to be part of such a landmark regeneration scheme in East London. Our new store at Hallsville Quarter will provide approximately 300 new jobs in Newham in a range of full-time, part-time and training positions. These will include our famous butchers, bakers, fishmongers and other fresh food specialists, and we will work closely with the local community in Canning Town to maximise opportunities for local people. Being part of this innovative partnership and excellent development is great for us, our expanding team and our customers.”

    –          ENDS     –

    For further information

    Bouygues UK and Bouygues Development: wallerl@waringsgroup.com (Laura Waller) 07528 397262

    London Borough of Newham: natalie.mahon@newham.gov.uk 0203 373 2855

    One Housing Groupmnewitt@onehousinggroup.co.uk (Melinda Newitt) 020 7428 4271

    Morrisons plc laura.stubbs@morrissonsplc.co.uk 0845 611 5364

    Mountain Capital: david@rossprop.co.uk (David Rosenberg), elliot@rossprop.co.uk (Elliot Rosenberg), james.moulton-smith@mountaincapital.co.uk

    Haworth Tompkins:marcus.crofton@haworthtompkins.com 020 7250 3225

    AECOM: Harriett.Hindmarsh@aecom.com 020 7465 2000

     

    Notes to Editors

     

     

    *Hallsville Quarter

     

    The £600 million regeneration of Canning Town has been given a new name to commemorate the significance of this transformational scheme and to create a strong and distinct identity for what is set to become the vibrant heart of Canning Town.

     

    After extensive consultation between the scheme’s developer Bouygues Development, local residents and key stakeholders within the borough, Hallsville Quarter was selected as the new name for the Town Centre scheme. The name draws on the area’s rich cultural heritage, referencing the name of the original settlement of the Canning Town Centre site in the mid 19th century, known as ‘Hallsville’.

     

    The Canning Town and Custom House Regeneration Programme

     

    The vision for the Canning Town and Custom House Regeneration Programme is to create a thriving resilient and inspirational community in an economically vibrant area where both existing and new residents choose to live, work and stay.

     

    The Programme includes the building of up to 10,000 new homes and two improved town centres and the £3.7billion project aims to transform the area physically, socially and economically.

     

    Canning Town is located close to the Olympic Park, Canary Wharf and City Airport, with first-class transport links. These superb connections give it phenomenal growth potential and the next few years will see an amazing transformation as Canning Town is established as a desirable place to live, work and visit for leisure and shopping.

     

    The town centre will additionally benefit from a significant uplift in its population and providing a catalyst for its continued growth and development of the town centre as a retail and commercial location.

     

    Bouygues Development

     

    Bouygues Development is an experienced developer which operates in a number of market sectors in the UK including residential, commercial, student accommodation, mixed use developments, and regeneration schemes. Bouygues Development is part of Bouygues Construction – a world-leading construction and services group. Generating value through creativity and delivery, Bouygues Development enables environments and communities to thrive. www.by-development.co.uk

     

     

    Bouygues UK

    Bouygues UK delivers innovative and sustainable construction across a wide range of sectors. Our

    biggest strength is our commitment to intelligent management throughout the entire life-cycle of each project –your guarantee of efficiency and excellence. Our commitment to sustainable design and our passion for innovation is well recognised, and we are proud that our project teams consistently receive awards for ethical and considerate construction practices.

    www.bouygues-uk.com

     

     

    Bouygues Construction

     

    Bouygues UK and Bouygues Development are wholly owned by Bouygues Bâtiment International, a subsidiary of Bouygues Construction. A global player in the building, civil works, energy and services sectors, Bouygues Construction operates at all points of the value chain of projects: finance, design, construction and facilities management (operation and maintenance). On every continent, its 52,000 employees devise and develop solutions that make an improvement to the environment and to everybody’s lives. In 2011, Bouygues Construction generated sales of 9.8 billion euros. www.bouygues-construction.com/2i.html&

     

    One Housing Group

     

    One Housing Groupis a leading provider of housing and care and support services which manages over 14,000 homes in London and the South-East. A commercially driven and dynamic organisation, we have a passion for making a positive difference to people’s lives and communities. One Housing Group has a clear vision to lever its commercial success to develop more high-quality homes and services that foster aspiration, independence and a sense of wellbeing.

    For more information please visit onehousinggroup.co.uk

     

    One Housing Group is a leading provider of affordable housing, care and support. Managing over 14,000 homes in 26 London boroughs and surrounding counties, we also help over 4,000 people to live safely and independently.

     

    We are committed to delivering new affordable homes to meet the country’s housing shortage. Over the past two years One Housing Group provided 2,500 new homes and we’re on course to deliver a further 2,400. We offer a wide range of housing options, including homes for affordable rent, private sale and shared ownership.

     

    As well as providing high quality homes and excellent support, One Housing Group works hard to make a positive difference to residents’ lives. We offer a range of community projects, courses and initiatives to help people gain new skills, become more confident and benefit from new opportunities.

     

    Morrisons

     

    Morrisons is the UK’s fourth largest food retailer with 478 stores and our business is mainly food and grocery – the weekly shop. Uniquely we source and process most of the fresh food that we sell though our own manufacturing facilities, giving us close control over provenance and quality. We have a strong commitment to British farmers and we have more people preparing more food in store than any other retailer including butchers, bakers and fishmongers. Every week, more than 11.5 million customers pass through our doors and more than 132,000 colleagues across the business work hard each day to deliver great service to them. With competitive prices and hundreds of special offers, we are proud to save our customers money every day.

     

    The new Morrisons at Hallsville Quarter will provide approximately 300 new jobs in Newham, including full-time, part-time and training positions. Morrisons works closely with the communities it is located in to maximise the opportunities for local people, particularly those who are unemployed. We work with the local JobCentre Plus and typically half of Morrisons’ new hires are people who were previously long-term unemployed. 75 per cent of our colleagues typically live within three miles of the store they work in. Morrisons is also one of the leading providers of apprenticeships in the UK. In 2011, Morrisons employed approximately 37,000 apprentices across the country. Highly-trained bakers, butchers and fishmongers train new apprentices on site, equipping them with real skills and real prospects. Morrisons also offers a range of qualifications through the Morrisons Academy and, last year, over 5,500 people progressed from the shop floor to managerial positions.

     

    Mountain Capital

     

    Mountain Capital is the trading name for a group of companies covering four key investment areas: residential and commercial property, leisure and care homes.

    The company’s main focus at the moment is residential property investment, specifically in inner London with a special interest in Docklands and areas of regeneration.

    Mountain Capital is a private business in which all the shareholders are actively working on a day to day basis.

     

     

     

    Haworth Tompkins

     

    Haworth Tompkins is working with developer Bouygues Development and masterplanners AECOM Design + Planning on the regeneration project in Canning Town. The first phase comprises a 7,500 sqm foodstore at ground level with a basement car park. Above the foodstore, 179 new homes will be created around the perimeter of a large, shared, landscaped garden.

    A mix of unit sizes, types and tenures will be provided including two and four storey houses and wheelchair accessible flats. The scheme also includes a new Energy Centre, which will provide heating and hot water for the whole of the masterplan area.

    Haworth Tompkins is an award-winning British architectural studio united by a commitment to integrity, intellectual quality and the art of making beautiful buildings.

    Founded in 1991 by Graham Haworth and Steve Tompkins, the rapidly-growing London-based studio consists of 56 people, and specialises in bespoke buildings in the public, cultural, private and financial sectors.
    Acclaimed projects include the Young Vic Theatre, London (shortlisted for the RIBA Stirling Prize in 2007), Coin Street housing development, London, and the London Library, for which they received the prestigious American Institute of Architect’s Excellence in Design award. The studio is currently working on a number of highly anticipated schemes including the National Theatre, London, Chichester Festival Theatre, the Royal College of Art, London, and social housing developments for Peabody, One Housing and Guinness Housing.

    www.haworthtompkins.com

     

    AECOM


    AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government.  With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves.  AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world’s built, natural and social environments.  A Fortune 500 company, AECOM serves clients in more than 130 countries and had revenue of $8.2 billion during the 12 months ended Sept. 30, 2012.  More information on AECOM and its services can be found at www.aecom.com.  Follow AECOM on Twitter at @AECOM.

     

    AECOM’s ongoing projects for 2012 include London’s Olympic Park, where they have set a new direction for the way the Olympic and Paralympic Games are staged to provide a catalyst for regeneration – for every £1 spent, 70 pence remains invested in the legacy. Having acted as master planner and cost consultant for the park, we will continue to be involved after the Games in the transformation of the site into a new urban district for the city. In the meantime, we are using our Olympic experience to develop the master plan and legacy plans for Brazil’s 2016 Olympic Park in Rio.

     

    In the Middle East, the company is helping to transform the heart of the Qatari capital, Doha, where we created the master plan for the region’s first sustainable urban-regeneration scheme. In Russia our design review and construction supervision work on the new M11 highway will provide much-needed fast transportation links between the cities of Moscow and St Petersburg. We are helping to improve the quality of life for people in northern Romania where we are modernising the water and wastewater networks through our technical and project management services.

     

    AECOM is also are involved in high-speed-rail work in Spain linking cities and moving people more efficiently, and are growing our energy business worldwide.



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