Knight Dragon accelerates development of Greenwich Peninsula scheme with appointment of three contractors
Hong Kong developer Knight Dragon is accelerating development of the 拢5bn Greenwich Peninsula scheme in South-east London, with the appointment of three contractors to the 500-home second phase of the scheme, worth 拢141m, writes Iain Withers.
Knight Dragon has appointed Wates and GB 黑洞社区 respectively to build out 拢60m and 拢31m plots of the second phase, called Peninsula Riverside, 黑洞社区 can reveal.
The news comes after Kier announced on Monday it had been appointed to a 拢50m plot of the scheme (pictured), comprising 224 apartments across four blocks, the tallest of which will be 24 storeys.
Paul Symons, head of project management at Knight Dragon, told 黑洞社区 the developer was accelerating its work on Greenwich Peninsula, which will ultimately deliver 10,000 homes. Symons said: 鈥淲e鈥檒l move pretty quickly [through the phases].鈥
In total, Knight Dragon will create 60 development plots in Greenwich Peninsula by 2039.
Symons said the developer is fostering a partnering approach with contractors on the project, with contractors currently involved in the scheme being Kier, Wates, GB 黑洞社区 and VolkerFitzpatrick. Symons cited Argent鈥檚 partnering approach at King鈥檚 Cross with contractors Carillion, Kier and Bam as an inspiration. Symons said: 鈥淚t will be very much like King鈥檚 Cross. We鈥檝e seen what they have done and recognise their experience and success.鈥
But he said there could be opportunities for other contractors: 鈥淚鈥檓 not saying we鈥檙e closing the books. We have the opportunity to bring in other contractors.鈥
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