First Street Recovers From Carillion Blip
No. 8 First Street, the 170K SF city office scheme shortlisted by Amazon for its new Manchester base, is to be built by Rayner Rowen and subcontractors after the collapse of contractor Carillion threw progress into doubt.
Rayner Rowen has been appointed by GVA on behalf of the Greater Manchester Property Venture Fund and work has now restarted on-site. Ask Real Estate is managing the development on behalf of the fund and Patrizia U.K.
“We had robust contingency plans in place to minimise the threat of any potential delays in construction and, following the news of Carillion’s insolvency, we have appointed Rayner Rowen to oversee the completion of No. 8," Patrizia U.K. Head of Real Estate Development Dan Williams said. “We now have a critical path in place to complete the building as planned.”
Rayner Rowen has been on-site since 25 January and has retained a number of key individuals to ensure continuity and the retention of specialist knowledge during the remaining months of construction.
Gazprom signed as a pre-let occupier early in the construction process and has already taken access to fit-out 42K SF office, which is split across two floors.