Re Contract

RNS Number : 6070C

Carillion PLC

19 October 2015

 



19 October 2015

Carillion signs contract with Homes and Communities Agency for £80 million regeneration project in Leeds  

Carillion has signed a contract with the Homes and Communities Agency to deliver the regeneration of Tower Works in Holbeck Urban Village on Leeds' South Bank.

The 1.17 hectare site is a former industrial location housing three listed Italianate Towers from which the site derives its name.  Carillion will deliver 90,000 square feet of commercial office space, 24,000 square feet of retail, restaurant and bar spaces alongside a mix of one, two and three bedroom apartments and town houses, transforming the site into a mixed-use, sustainable community with its own distinctive character.  

The combined value of the proposed development is approximately £80 million and a site-wide masterplan will be submitted for planning approval shortly, subject to which construction work is expected to begin in Spring 2016.

This contract adds to the £1.7 billion of new business that Carillion has won since the half year, as announced on 12 October 2015.

Carillion Chief Executive, Richard Howson, said: "We are very pleased to have signed this contract with Home and Communities Agency, having worked closely with them and Leeds City Council on this important regeneration project.  Together, we have developed a vision for the regeneration of one of the most important landmark sites in Leeds that will create a sustainable community, which meets the aspirations of all stakeholders."

Notes to Editors

Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities.  The Group had annual revenue in 2014 of some £4.1 billion, employs around 46,000 people and operates across the UK, in the Middle East and Canada.

The Group has four business segments.

Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy businesses in the UK, Canada and the Middle East.

Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.

Middle East construction services - this includes building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.

This and other Carillion news releases can be found at www.carillionplc.com

For more information          

John Denning, Director Group Corporate Affairs, Carillion plc                       + 44 (0) 1902 316426

Finsbury

James Murgatroyd or Gordon Simpson                                                         + 44 (0) 207 2513801

 

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