CN Plus report that Sisk are leading the plans, which begin with the £47.9 million rebuilding of Rathbone Market. Four buildings will be constructed, which consist of 271 new apartments and new offices and retail units. The work is expected to be completed in 2012.
Sisk, who are Ireland’s biggest contractor with a turnover of $1 billion, have stated that they will be encouraging subcontractors to hire local tradespeople and plan to offer on-site training and employment for local residents in the Canning Town and surrounding areas. This has been confirmed by Sisk’s Director of Major Projects Nigel Warnes, who said:
“Our approach is to work with the community for the community, using local labour and to help train a new generation of skill for the sector.”
The Canning Town area is currently undergoing a huge £1.7 billion regeneration project, which includes building 8000 new homes, redeveloping the town centre, building community facilities and improving local schools. The work will ensure that new jobs in the construction industry and for plumbing, electrical and gas contractors in Canning Town and the whole of east London.
Sisk have also won a £40 million contract to build 133 new luxury apartments on London’s Park Lane, which are expected to be completed by April 2011.