Helical Anticipates Gateway 2 Approval Next Month for Student Project

Summary:

  • Helical anticipates gateway 2 approval next month for a 429-bed student accommodation project in Southwark, funded by Places for London, triggering £5.3m cost reimbursement and a £10.2m profit payment.
  • The Southwark development, designed by Allford Hall Monaghan Morris and set above the listed tube station, will begin construction upon approval with delivery aimed for the 2029/30 academic year; Mace is appointed as contractor.
  • Helical’s refurbishment of Brettenham House in west London is nearing completion in October with FGS Global secured as tenant, while its 142,000 sq ft office scheme at 10 King William Street in The City is on track for December completion, both projects managed by McLaren.

Original article:

https://www.building.co.uk/news/helical-expects-gateway-2-green-light-next-month-on-student-accommodation-scheme/5144777.article

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