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Sun June 13 2021

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Muse picks Galliford Try for phase two of Reading development

21 May 13 A £24m development in the centre of Reading is one of four new contracts picked up by Galliford Try that are together worth more than £60m.

Chatham Place
Chatham Place

Galliford Try has been contracted by Muse Developments to build the second phase of the Chatham Place regeneration scheme in the centre of Reading. This £24m development will see the creation of two new apartment blocks containing 184 homes along with 2055 sq ft of ground floor retail space. One of the buildings will be nine storeys high, and the other 19.

Mace was contractor for the £45m first phase of the development.

In a separate award, LHA London has contracted Galliford Try to build its latest hostel for young working people and students at Torquay Street in London. This £13m project will see the creation of 158 micro-flats with communal facilities.

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Thirdly, Lothbury Investment Management has selected Galliford Try to build 24,500 sq ft of office space at 55 St James's Street in London. The commercial development will include a basement and residential level on the sixth floor when completed in January 2015.

Finally, Galliford Try Building and English Cities Fund have reached financial close for the £13.5m E3 Salford regeneration project in Chapel Street, Salford. The development will create 97 homes for private sale with additional retail units.

Galliford Try chief executive Greg Fitzgerald commented: "We are delighted to have won these four contracts so soon after our recent regional successes in Manchester. These awards reconfirm that we are securing contracts in line with our strategy across the country. The South East in particular remains a key market for us and we look forward to working with all our partners going forward to deliver these important schemes for each of them."

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