Bouygues UK has been selected by Taylor Wimpey Central London to develop the first phase of Postmark, a new project located in London’s historic district of Farringdon consisting of two building complexes.

The deal is worth in excess of £100 million.

Philip Jenkins, managing director of Taylor Wimpey Central London, said: "With its central, high profile location and scale, Postmark is a flagship scheme that we are immensely proud of. For the first phase, we have chosen a trusted partner with whom we have already completed a number of successful Central London projects. We look forward to working with Bouygues UK again, bringing forward the first chapter of this landmark project together."

-- Advertisement --

Fabienne Viala, chair of Bouygues UK and UK country manager for Bouygues Construction, said: "We are excited about our new collaboration with the teams of Taylor Wimpey Central London on this residential project. In the past, Taylor Wimpey and Bouygues UK have collectively demonstrated the quality of our expertise, our partnership approach and our combined capacity for innovation on such residential schemes as North Wharf Gardens and Greenwich Millennium Village. We are looking forward to building the first phase of the Postmark project."

West Central 1 is the first phase of a four-phase masterplan, which will ultimately deliver 681 homes. It consists of 214 homes, ranging from studios to three-bedroom apartments, in a building ranging in height from six to 15 storeys. The scheme has been designed to reach a BREEAM 'Excellent' rating. Residents will benefit from shared spaces including a concierge service, a rooftop terrace, a cinema and a gym. The exterior development will combine resident and public spaces, including a courtyard, a shaded terrace, as well as shops and open landscaped spaces.

Work has now commenced on site, with first completions expected in 2020 and final completion in 2021. 350 to 400 people will be working onsite at peak periods.