11 September 2007 - 21:18

HBG wins first major project at King's Cross Central valued at 150m pound

Bunnik, 11 September 2007 - HBG has been selected by the developers and landowners of King’s Cross Central as the Design and Build Contractor for the Eastern Goods Yard site following a two-stage tender process. The value of the work is expected to be £150m. The project will result in the delivery of the first buildings on the site of the largest urban regeneration project in Europe.

Over the next year, HBG will be working on developing the detailed design and build contract sum from a concept produced by Architects Stanton Williams. The project is complex because it involves blending new construction with existing listed buildings involving English Heritage and many other interested parties. The end results will be a new campus for the University of Arts, London, and some retail and office space, including new offices for one of the King’s Cross Development Partners, Argent. Construction work will commence in the autumn of 2008 and the buildings will be handed over in 2010. HBG’s sister company, Edmund Nuttall, will work on the infrastructure part of the project.

HBG Chief Executive, Richard Gregory says: ‘We are delighted to be involved in the first building project as part of the ten year programme of regeneration of King’s Cross and to be working with Argent and its development partners London and Continental Railways Limited and DHL- Exel Supply Chain). We will bring our extensive experience of universities, working in listed buildings and of construction in London to bear so that we deliver a project of high quality on the Eastern Goods Yard site.’

‘We look forward to contributing to the overall regeneration of the King’s Cross area in the coming years, for the benefit of London ─particularly the communities in Camden and Islington ─ and to working alongside Carillion and Kier, the other contractors involved with the King’s Cross Central development.’

Further information:

  • press: A.C. Pronk, 31 (0)30 659 86 21;

  • analysts: P.Juge, 31 (0)30 659 86 01.