Arsenal to get some company at Emirates after new plans approved
Three £60 million residential towers will be built around the 60,000-seater stadium in Islington, North London, which is the final part of the Emirates construction scheme.
375 new homes will be built close to the stadium in a joint project between Barratt and L&Q. Construction work on the new homes is expected to begin in January 2012.
This is the final piece of a nine-year project, which began in 2002 when Premier League side Arsenal were looking for a new stadium, after deciding to leave the iconic Highbury. The Emirates opened for the start of the 2006/07 Premiership season and took 18 months to build, at an estimated cost of £390 million.
A total of 2,500 new homes have been built in the area since 2005, and the project has created an estimated of 2,500 construction jobs over this time. The total will now increase as contractors will be needed to complete the remaining homes.
Arsenal FC director Ken Friar said in a statement: “This is the last piece of the jigsaw in our new stadium project which has delivered huge regeneration to the Borough of Islington.”
Barratt London regional managing director Alastair Baird expects these homes to be sought after and in-demand, telling the Financial Times: “The homes will be situated literally yards from the stadium and we expect them to become as sought after by Gunners fans as the properties at Chelsea Village are by Chelsea supporters.”
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Posted on June 20, 2011, in construction jobs, construction news, electrician jobs, plumbing jobs, Plumbing News, train4tradeskills and tagged Arsenal FC, Arsenal stadium, Barratt Developments, construction jobs emirates, construction jobs london, electrician jobs london, Emirates Stadium, Highbury, Islington, Ken Friar, London, plumbing jobs london, Premier League, t4ts, Train4trades, train4tradeskills. Bookmark the permalink. 1 Comment.