Highlights:
- £53 Million Sloane Street Redevelopment: Galliford Try will retain a historic façade while creating luxury retail spaces, category-A offices, and a rooftop restaurant.
- £34 Million Wapping Project: The firm will deliver a state-of-the-art self-storage and office facility for Big Yellow Self Storage.
- Commitment to Sustainable Growth: CEO Bill Hocking emphasizes the alignment of these projects with the company’s long-term Sustainable Growth Strategy.
Galliford Try Holdings PLC (LSE:GFRD) has announced two significant contract wins in London, valued at a combined £87 million. The projects demonstrate the firm’s continued growth and expertise in delivering high-profile, sustainable developments within the capital.
Sloane Street Redevelopment: A Blend of Heritage and Modern Luxury
The first project, a £53 million redevelopment at 30-33 Sloane Street, showcases Galliford Try’s ability to blend heritage preservation with modern construction. The company will retain the site’s historic façade while constructing a six-story building featuring luxury retail spaces, category-A office spaces, and a rooftop restaurant.
This ambitious project highlights Galliford Try’s capability in managing complex developments that enhance urban environments while respecting their historical significance.
Innovative Self-Storage and Office Space in Wapping
Galliford Try’s second major contract involves a £34 million development for Big Yellow Self Storage in Wapping. The 133,000-square-foot facility will provide self-storage units, flexible office spaces, a business hub, and workspace accommodations. This project reflects the growing demand for multifunctional commercial spaces that cater to evolving business needs.
Focus on Sustainable Growth
Chief executive Bill Hocking highlighted the alignment of these contracts with the company’s Sustainable Growth Strategy. "Maintaining the organic growth of our Building business is a key part of our Sustainable Growth Strategy and our track record in the commercial sector within London is a strong one,” Hocking stated.
The projects underscore Galliford Try’s commitment to delivering high-quality developments that enhance local environments while meeting client expectations. Hocking added, “We look forward to working with both these blue-chip clients to create schemes that we can be proud of.”
A Strong Presence in London’s Construction Landscape
These contract wins further solidify Galliford Try’s reputation as a trusted partner in London’s competitive construction market. With a focus on innovation, sustainability, and quality, the company is well-positioned to continue its trajectory of growth in the region.
Looking Ahead
Galliford Try’s latest projects reflect its strategic emphasis on sustainable and impactful urban developments. The company’s ability to secure contracts with prominent clients like Big Yellow Self Storage and deliver on high-profile projects such as the Sloane Street redevelopment demonstrates its leadership in the UK construction sector. As these projects progress, Galliford Try’s focus on sustainable growth and client satisfaction is expected to yield further opportunities and solidify its market standing.