London, UK – Wednesday 2nd October 2024: Sisk has been appointed by Greystar Real Estate Partners, LLC (“Greystar”) to deliver two key buildings situated on the site at the former biscuit factory in Bermondsey, south London valued at £181M.
Sisk has been chosen to build Building S & T, comprising two towers of up to 36 storeys, containing 472 market-rent homes. This forms part of the Bermondsey Project, a transformative development that will provide 1,624 new homes. The brownfield site will be transformed to include retail, leisure, and office spaces, as well as extensive amenities for residents.
The whole scheme is due to be complete in the second half of 2027. Greystar’s vision for the Bermondsey Project extends beyond just housing, with an emphasis on creating a vibrant and sustainable new neighborhood integrated into the existing local community.
The buildings are targeting Home Quality Mark 4 Star for the residential spaces and BREEAM Excellent certification for the commercial areas. Additionally, the development will retain a portion of the former packing factory, which features impressive exposed concrete structures and 10-meter-high ceilings.
Ger Hayes, Managing Director, Sisk said: “We are delighted to be selected as main contractor for Plot S and Plot T at The Biscuit Factory, Bermondsey. Both residential towers will stand at 35 and 28 storeys high and will create a significant addition to the London skyline. Logistically, it is a challenging project due to the proximity of our site to the main line into London Bridge station, but our experience and expertise of delivering large complex high rise, high density residential and infrastructure in large public spaces will play a key role in this project's success. We are excited to collaborate with Greystar and our long-standing supply chain partners to lower the carbon footprint of both buildings, by leveraging MMC and offsite manufacturing, while also engaging with the local community to create a lasting impact.”
Mark Allnutt, Europe Investment Management Leader, Greystar: “This landmark development reinforces our commitment to delivering high-quality housing across all segments, from market-rent homes to affordable social housing, while also creating new opportunities for businesses and the local community. We are pleased to have closed this debt facility and secured partnerships with leading contractors, who each bring unique expertise and a strong track record in delivering complex urban developments. Their contributions will be instrumental in ensuring that the project meets our ambitious goals, not only in delivering homes, but also creating dynamic spaces that reflect the heritage and future potential of Bermondsey.”
