Shard Developer Places Works Packages as Development Takes a Major ...

Tag : Steel Works

Sellar Property Group, on behalf of LBQ Ltd, today announces that anumber of key construction contracts are being placed fordevelopment of the Shard, Europe's tallest mixed-use building. Atotal of four key works packages have been agreed covering piling,facades, steel and lifts, amounting to almost a third of the totalbuild cost of the 310m high development at London Bridge. As aresult, piling for the tower, which forms the major part of theLondon Bridge Quarter regeneration project, will get underwayaround the end of the year following completion of the demolitionprogramme.

Irvine Sellar, Chairman of developer Sellar Property Group, said:"The placing of these contracts is in line with the programmeand plan we established at the beginning of this year when theQatari investor consortium, comprising Qatar Islamic Bank, QInvest,Qatar National Bank, and Barwa International, joined us as partnersto create this iconic landmark building."

Works package orders are being immediately placed with Stent(piling), Scheldebouw (facades), Corus/CBUK (steel) and Kone(lifts).

Bernard Ainsworth, Sellar's Project Managing Director, said:"This is a major milestone in the Shard delivery programme.Intensive discussions are continuing with a number of othercontractors including concrete and MEP."

Stephen Pycroft, CEO of Mace Group, said: "We are delightedthat works package orders for the Shard are being placed. Mace isproud to have been an integral part of this project for the pastthree years and we are now in a position to engage with the supplychain to deliver Europe's most iconic buildings."

Tim Coleman, Director of Turner and Townsend and Project Directorfor the London Bridge Quarter, said: "I think this isfantastic news for the project as well as the London constructionindustry."