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Carillion wins £90 million King's Cross project

Support services and construction company Carillion has been awarded a £90 million contract from developers Argent and landowners London & Continental Railways and DHL-Exel for the construction of two office blocks. This is Carillion's first contract for the 15-20 year King's Cross regeneration scheme in London, for which Carillion is one of three key suppliers.

King's Cross is one of the most significant development and regeneration opportunities in Europe and will see the currently dilapidated area experiencing a massive rebirth. It will include a new school, health centre, student accommodation, office and residential buildings, including both new build elements and refurbishments to existing buildings. The scheme, along with the recent restoration of St Pancras International station, will transform King's Cross into a modern, vital link to the rest of Europe.

The first contract comprises the construction of 450, 000 sq ft of office space and terms have been agreed for pre-letting some 250, 000 sq ft to Sainsbury's. Work is due to start on site in November 2008 and is scheduled for completion within two years ready for occupation in 2011.



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