Higgs Yard
Main contractor appointment

Main contractor appointment

27/08/2021 by Buildington
Peabody has appointed Durkan as the main contractor for the new Higgs Yard.

Durkan will be building 134 homes and 45,000m2 of commercial space during the next three years.

The £85 million investment in the area will include 50% affordable housing. There are 28 homes for London Affordable Rent and 38 homes for shared ownership.

Tom Williamson, Senior Development Manager at Peabody, commented: “We are pleased that we can provide more affordable homes in Lambeth and this scheme reaffirms our commitment to our social purpose, to provide good quality homes for those who need them most.

“This development will not only create new homes, but it will provide new commercial space, which can be for retail or office use, revitalising the area and providing new spaces for the community.”

Ryann Peterson, Head of Bid Management at Durkan, added: “Durkan is pleased to have been successful in securing and finalising the contract to deliver Higgs Yard.

This is a very exciting time for us as a business. We’re very much looking forward to continue building on our relationship with Peabody and maximising the potential of this fantastic development. Durkan has always prided itself on delivering high quality projects and establishing strong connections with the local community so we will bring that focus to Lambeth, by providing the best possible environment in which new and existing residents to enjoy community life.”

Construction on the site is expected to start in Autumn 2021, with completion due early 2024.
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