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21/09/2016

Wates Wins £70m Contract

Wates has won a £70.9 million contract to develop two new tower blocks in Hackney.

Building work is already underway on Anthology's new Hoxton Press development and completion is scheduled for summer 2018.

The two towers, 'Mono' and Duo', have been designed by Karakusevic Carson Architects and David Chipperfield Architects.

Each 20-storey and 16-storey structure will contain a mixture of apartments and penthouses. Features include a single-storey basement car park, ancillary services and a ground-floor café in one of the towers.

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The contract award takes Wates' private residential appointments in the last 12 months to £182m.

David Newey, Project Director for Anthology Hoxton Press, said: "We are thrilled to be working in collaboration with Wates on the exciting regeneration of the Colville Estate. At Anthology, we put community into the heart of everything we do and with Wates’ support at Hoxton Press, we will be providing a community café for all local residents to enjoy."

Mark Tant, Managing Director of Wates London Private Residential, added: "The achievements of the past twelve months and our expanding presence in the private residential market are a huge testament to the success the business is seeing in its growth strategy."

(LM/CD)

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