Ferrovial and Laing ORourke Consortium Awarded 500m Northern Line Extension Contract
The consortium comprising equal partners Ferrovial Agroman and UK construction company Laing O’Rourke has been awarded the contract by London Underground (LU) to design and build the Northern Line extension.
The project is worth £500 million and is expected to be completed by 2020.
Ferrovial Agroman and Laing O’Rourke will extend the Northern Line from Kennington station, in south London. The project includes the construction of two new stations, Nine Elms and Battersea, with two additional ventilation shafts, 6 kilometres of new tunnel with an internal diameter of 5.1 metres.
The new infrastructure will support up to 25,000 jobs, 16,000 new homes and cut the journey times to the West End and the City to just under 15 minutes and reduce pressure on Vauxhall station.
A Ferrovial Agroman consortium is also currently playing a key role in the development of Crossrail, with the excavation of two tunnels, the construction of a new station in Farringdon, and the execution of accesses and caverns for Bond Street and Tottenham Court Road stations.
Crossrail, the largest civil engineering project currently under way in Europe, will increase London’s railway capacity by 10 percent.
Transport for London also recently awarded a consortium including Amey, a Ferrovial Services subsidiary, a 6.5-year contract to operate and maintain the Docklands Light Railway in London for £700 million.
Henry Boot, Factory form joint venture with £1bn scheme
The property development business of Henry Boot (HBD) has announced it has formed a joint venture with international tech campus developer Factory as part of a £1bn scheme known as the Golden Valley Development.
Called HBD X Factory, the joint venture has been chosen to deliver the first phase of the scheme based in Cheltenham, which aims to focus on the development of technology in the UK. Centered around cyber and digital innovation, the development will include 3,700 new homes and 2mn sq ft of commercial space. Phase 1 aims to accommodate 111 acres of the scheme and will be located close to Factory’s first UK tech building near GCHQ.
Confirming the UK as a leader in cybersecurity
Minister for Digital Infrastructure, Matt Warman, said the £1bn development would help confirm the UK’s position as a leader in cybersecurity: “We are investing to help cyber-security businesses across the country tackle barriers to growth and boost people’s digital skills so we can usher in a golden age in UK tech.”
Commenting on the partnership, HBD Managing Director Ed Hutchinson said: “The HBD X Factory partnership reflects our focus on delivering large-scale, transformative regeneration projects – the Golden Valley Development is a hugely important project for Cheltenham, the South West region and the wider UK tech sector and we look forward to working alongside Factory to bring the scheme forward.”
It is expected that Client Cheltenham Borough Council will submit a planning application for the site in 2022 with Tewksbury Borough Council as a partner. Discussing future plans for the partnership, Henry Boot said the new JV would “focus on developing large-scale mixed-use districts and urban regeneration projects.”
Image: Henry Boot