UK-based property developer Manhattan Loft has awarded a £250m construction project to Bouygues Construction for Manhattan Loft Gardens.
Bouygues UK, the British subsidiary of Bouygues Construction, was selected for the project, which demands construction of a 143m landmark tower in Stratford, East London.
It is believed that the tower will push regeneration in the area, when built beside Stratford International Station and High Speed 1, the Channel Tunnel rail link.
Skidmore, Owings & Merrill (SOM)'s designs for the 42-storey tower include 248 apartments on top of a 150-room hotel, as well as a spa, a triple-height lobby and two restaurants.
Manhattan Loft Corporation founder and CEO Harry Handelsman said: "Our appointment of Bouygues, with its vast international knowledge and experience of high-rise luxury developments, will add to our already top-class project team.
"Manhattan Loft Gardens will continue the Olympic legacy by becoming Europe's most exciting residential / hotel tower, thus confirming Stratford as one of the emerging prime residential, commercial and cultural hubs of London."
Bouygues Bâtiment International Deputy CEO Madani Sow said: "Bouygues UK teams will be fully committed to turning this innovative vision into reality.
"Technical prowess and architectural quality will combine to produce a building that will be greatly appreciated by its future users."
The building's structure is designed to provide unobstructed views of the UK capital from three sky gardens supported by two cantilevers.
Project works were initiated this year and are due for completion by early 2018.
Image: Manhattan Loft Gardens tower design. Photo: courtesy of Manhattan Loft Corporation.