Winning 拢230m Buchanan Galleries, along with 拢88m Glasshouse Gardens development, lifts firm鈥檚 ranking

Buchanan Galleries

Lend Lease topped the contractors鈥 league table last month after it won the job to build Land Securities鈥 拢230m Buchanan Galleries shopping centre in Glasgow.

The scheme is one of the UK鈥檚 largest retail-led schemes and will include 100 shops, 25 restaurants and a cinema. 好色先生TV previously revealed the firm was set to be appointed; it has now been named preferred bidder on the scheme. Lend Lease saw off competition from Brookfield Multiplex and Laing O鈥橰ourke to win the job. The firm also benefitted from its appointment to build the 拢88m Glasshouse Gardens residential development, which overlooks the Olympic Park in Stratford, by its own development arm.

Balfour Beatty ranked second when civils contracts were included, due mostly to its appointment, alongside engineers Amec and Jacobs, to build a 拢336m nuclear waste processing facility at Sellafield in Cumbria. The job is worth 拢100m to Balfour Beatty. Both Willmott Dixon and Laing O鈥橰ourke鈥檚 positions in the league tables - third and fourth respectively in the league excluding civils - were bolstered by the award of education projects. Laing O鈥橰ourke was appointed to build a 拢120m package of schools in West Yorkshire and Willmott Dixon won a 拢24m contract to build a 鈥渟uper school鈥 in Wales that will accommodate 1,000 pupils.

The index, which measures new contract awards, reached a score of 136 in October, 3% up on its score in September.

Noble Francis, economics director at the Construction Products Association, said the continued growth index, which measures contract awards, suggested there would be 鈥渇urther growth [in output] across most key sectors of the industry over the next year鈥.

Barometer - October 2014

 

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