Contractor announced for first phase of Rainham innovation park as part of regeneration plan
PUBLISHED: 10:56 21 March 2017 | UPDATED: 11:55 21 March 2017
A construction company is delighted to be chosen to take the lead in the development of a run-down industrial site.
A Harold Hill building firm has been appointed as the main contractor for the first phase of Segro Park, Rainham – previously known as Beam Reach 5.
Segro plc, one of Europe’s largest industrial property companies, has given the job to Readie Construction, Ashton Road.
Segro Park Rainham is a 333,000 sq ft development which forms the first part of the East Plus development scheme which covers 86 acres of brownfield land across Havering, Newham, and Barking and Dagenham.
The redevelopment is set to deliver 1.4 million sq ft of industrial space over the next 10 years and will act as a catalyst for the wider regeneration of London Riverside.
Readie’s managing director Stuart Reed said: “Opportunities will be created for local labour and businesses to contribute to the regeneration of key employment areas. We are proud to be able to play a key role in the delivery of this major regeneration project.”
The site is next to the A13 with excellent connectivity to central London and the M25.
Close proximity to the Port of Tilbury and London Gateway Docks also means the site is well positioned for businesses reliant on import and export markets.
It is anticipated that the completed development could deliver up to 1,000 direct jobs and Segro is working in partnership with Havering Council to deliver a dedicated skills, training and employment programme to support both construction and occupation of the development.
Business unit director for Greater London Alan Holland said: “As local specialist contractor, Readie is well placed to take this significant project forward.
“Just one year on from signing the largest public and private partnership of its kind with the GLA, we are already making great progress at East Plus.
“The development will act as a catalyst for regeneration of the wider London Riverside, bringing to life parts of east London which have lain derelict for over a decade and deliver modern industrial space for a range of businesses.”