Carillion has won work to undertake preparatory works for the £450m Paradise development in Birmingham. They beat the likes of Bam Construction and Kier for the contract which is worth around £30m.
The scheme involves construction of up to ten new buildings across seven hectares of land in Birmingham’s city centre, situated between Centenary Square and Chamberlain Square.
The first phase of the works includes major demolition, significant infrastructure changes and enhancements to the public realm. Works will also include changes to the highways surrounding the development.
Winning the preparatory works contract puts Carillion in good stead for winning further work on the Paradise Circus scheme, which will include offices, shops, a four-star hotel, a concert hall and leisure and culture facilities.
The scheme is being managed by Hermes Real Estate with Argent as the development manager.
Chief Executive of Hermes Real Estate, Chris Taylor, said: “This is the moment we have all been working towards during the years of planning this transformational project. We are now in the position to move the development forward rapidly and with absolute clarity.”
Enabling works are due to start this autumn with the first infrastructure work to begin on 5th January 2015.