Gammon Construction awarded HK$1.6bn contract to construct Lee Garden Three Project
Balfour Beatty's joint venture, Gammon Construction, has been awarded a HK$1.6bn contract by Hysan Development Company Ltd to construct the Lee Garden Three Project in Hong Kong. This includes the construction of 20 floors of offices above a five-level shopping podium, and a five-level basement including 200 parking spaces.
Lee Garden Three, owned by Hysan, will be constructed on the former site of Sunning Plaza and Sunning Court. It is part of Hysan's future group of commercial buildings in Causeway Bay. This is the second major partnership for Gammon and Hysan, following the construction of Hysan Place, a commercial complex constructed by Gammon.
Siu Chuen Lau, Deputy Chairman and Chief Executive Officer of Hysan Development, said: “In terms of office space, Lee Garden Three will provide a much needed supply for Hong Kong’s core commercial area. Situated below the quality offices will be the retail shops and food and beverage establishments that are part of our Lee Gardens hub.
"The entire new complex will be an integral part of our Lee Gardens community that attracts both locals and visitors alike. It will add even more value to our ownership cluster here at the Lee Gardens which magnifies our ability to extract synergies among our incredible tenant mix. We are very glad to partner with Gammon again to make Lee Garden Three a top office and retail destination.”
Thomas Ho, Chief Executive of Gammon, said: “We are delighted to have been selected by Hysan as the construction partner of this redevelopment project. Our team is committed to delivering maximum efficiency, a smooth running project and minimal disruption to the public.”
Latest construction technologies such as Building Information Modeling, 4D modeling and 3D scanning will be adopted to enhance the project’s environmental friendliness and construction efficiency.
The project is due for completion in winter 2017.
- GUtech and COBOD set 3D printing of buildings world recordDigital Construction
- Kier Group MD to leave by end of 2022, replacement confirmedConstruction Projects
- Liberty reaches agreement in principle for debt restructureConstruction Projects
- KSA invites prequalification bids for Makkah TOD projectConstruction Projects