Carillion has signed a £17m contract to construct a 260-bed student residence in Newcastle city centre under Select Property Group's Vita Student brand. The development involves the demolition of an existing office block and construction of the residential area on six storeys above commercial units. Work has now started and is scheduled for completion in May 2016.
Select Property Group has also selected Carillion as preferred bidder for a £32m Vita Student scheme in Partick, Glasgow. This scheme involves site remediation, construction of a 501-bed residence, a communal hub, significant retail units and associated car park works. The project will be delivered in two phases, with Phase 1 comprising 250 rooms, a communal hub, a retail facility and car parking and is due to complete in September 2016. Phase 2 will include the remaining 251 studios and is due for completion in February 2017.
Carillion has also been selected as the preferred bidder for a £34m contract to deliver 260 luxury managed apartments in central Manchester under Select Property Group's newly-launched CitySuites brand. This development includes a mixture of studios, 1 and 2 bedroom apartments, and hotel-style leisure facilities. This contract is scheduled for completion in January 2017.
Carillion chief executive Richard Howson said: ''Work winning in UK construction continues to be strong and these recent contract wins have further strengthened our substantial, high quality order book, which we have created through consistently applying our strategy of focusing on large contracts and long-term customers.”