Brushing aside Brexit fears
A leading north east construction company has forged ahead since the Brexit vote and is about to embark on a string of new projects.
Despite post referendum fears of an industry slowdown, regeneration specialist Galliford Try Partnerships North is also celebrating selection for development frameworks involving projects worth over £60m.
Within the next few weeks, it hopes to be on sites in Blyth, Chester-le- Street and Killingworth, with projects worth almost £16m that will deliver 104 new homes.
In addition, the company has been selected by housing provider Thirteen to be one of seven construction partners that will bid to deliver up to £45m worth of projects, and by the Riverside Group for its “cutting edge” framework, under which four partners will bid to deliver up to £16m worth of work. All of this is in the north east.
Stephen McCoy, managing director with Galliford Try Partnerships North, said: “It’s true that after a huge expansion over the past few years we have seen the industry slow in recent months, but fortunately we have been successful in securing new work, which enables us to continue our expansion.
“We are delighted to have been able to forge strong and successful relationships with our partners and I think this has been the catalyst for selection to carry out work on a repeat basis.”
The projects about to begin include a mixture of homes for sale, shared ownership and rent, designed to provide more opportunity for people.