Balfour Beatty Awarded £32m Liverpool 'Baltic Triangle' Residential and Commercial Scheme

Image

UK construction business awarded £32m contract to build Baltic Triangle, a three-tower residential development in Liverpool city.

Balfour Beatty's UK construction business has been awarded the £32m contract to build Baltic Triangle, a three-tower residential development in Liverpool city centre for developer Neptune Investments.

The two year project will see Balfour Beatty delivering 324 new apartments across three separate towers, which will be thirteen, ten and eight storeys in height respectively. The project will also involve the creation of commercial space, a gym and concierge, and underground car parking for 358 cars.

Balfour Beatty will continue construction on a building previously begun by another developer, strengthening the existing basement and helping to reduce delivery time and costs by using pre-cast wall panels.

Balfour Beatty will recruit apprentices to the project and utilise its established links with Liverpool John Moores University to provide opportunities for students.

Jon Adams, Balfour Beatty Managing Director for Northern Major Projects, said: “Balfour Beatty has extensive experience in delivering high-end residential schemes and of working in Liverpool, where we have recently delivered the Liverpool One and Aloft Hotel developments.

“We have a fifteen year relationship with Neptune Investments and we look forward to working with them to deliver this exciting new £32m development in the heart of the Liverpool docklands.”

Share this page:

In this section

Shareholders to Enhance FDN

Fitch Ratings views the entry of the International Financial Corporation (IFC) and the Corporacion Andina de Fomento (CAF) as shareholders of Financiera de Desarrollo Nacional S.A. (FDN) positively.

READ MORE →

UK's Financial Services Trade Surplus is the World's Biggest

New figures from TheCityUK, the private-sector association and industry lobby group promoting the UK financial and professional services industry, reveal that the UK's trade surplus in financial services is the biggest in the world, more than two and a half times bigger than the next largest surplus recorded by the US and three times higher than Luxembourg in third and Switzerland fourth.

READ MORE →

Balfour Beatty Awarded £129m Smart Motorway Scheme

Balfour Beatty, the international infrastructure group, has announced the award of a £129m scheme to upgrade a 13.4 mile stretch of the M3 through Hampshire and Surrey to a “smart motorway”.

READ MORE →

PBoC Injects Cash into China

In an effort to stimulate growth and combat slowing output levels, the central bank of China has injected Rmb500bn ($81bn) into the country's banking system.

READ MORE →

Global Climate Finance Falls for a Second Year

Most comprehensive inventory of climate finance available shows that investment fell US$28bn from the previous year and remains far below estimates of what is needed.

READ MORE →

Balfour Beatty Awarded £32m Liverpool 'Baltic Triangle' Residential and Commercial Scheme

UK construction business awarded £32m contract to build Baltic Triangle, a three-tower residential development in Liverpool city

READ MORE →

News Stand

View more → Sign up to receive new issues →