Construction firm Galliford Try has been selected as the preferred developer to build the Silvertown Way development in Canning Town, East London.
Chosen by the Greater London Authority (GLA), the development, which will create over 1,100 mixed tenure homes across 11 individual blocks, has an approximate gross development value of £360m, making it the largest standalone housing scheme that the company has undertaken.
The project will be delivered through an existing joint venture vehicle with Thames Valley Housing Association and deliver a third of the homes as market rent for its subsidiary Fizzy Living.
Three of the Galliford Try Group companies; Linden Homes, Galliford Try Partnerships and Galliford Try Infrastructure, will deliver the development which includes homes for sale, rent and shared ownership, a hotel, restaurant, employment and commercial space.
(CD/JP)
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