French building giant Bouygues has secured the largest private construction contract ever awarded in the UK.
It will lead a £1bn project to build 1,305 homes that form the third phase of the Battersea Power Station redevelopment, on the south bank of the River Thames.
Work on the power station ‘gateway’ will start in 2018 and Bouygues aims to finish the Foster + Partners and Gehry Partners-designed project in 2020.
Carillion is already building the £400m phase one, while Skanska is due to deliver the £600m phase two. Mace has secured an enabling package worth £100m.
The phase-three homes will be built in parallel with the Northern Line tube extension and new underground station, which is also due to open in 2020.