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Balfour Beatty awarded pre construction services contract for London residential scheme

Balfour Beatty, the international infrastructure group, has been selected by Palace Revive Development Ltd to deliver the pre-construction services contract for a £130 million renovation and new-build scheme on No. 1 Palace Street, in St James' Park, London.

Balfour Beatty will collaborate with the London-based development company Northacre and Palace Revive Development Ltd to deliver pre-construction services including programming and procurement, in the lead up to the full construction contract award which is expected in early 2016.

The full scheme will involve refurbishment of the existing six-storey listed building, construction behind retained facades and a complex four-storey basement build.

Once complete, the development will house 72 apartments, many of which offer unique views over the gardens of Buckingham Palace. Residents will also enjoy more than 10,000 sq. ft. of leisure facilities, including a state-of-the-art gym, swimming pool and a wellness centre. The site will encompass five architectural styles, ranging from French Renaissance to Contemporary, with a Grade II listed retained façade.

Construction is due to start in early 2016 following full contract award and is scheduled for completion by the end of 2017.

Photograph: Aerial view of No.1 Palace Street



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