Developers Shortlisted for $1.6bn Regeneration Scheme in UK

15 March 2011 (Last Updated March 15th, 2011 18:30)

The Covent Garden Market Authority (CGMA) has announced a shortlist of three developers for the £1bn ($1.6bn) redevelopment scheme at the Nine Elms site in London, UK. The three developers are Bouygues UK, and joint ventures between St Modwen and Vinci, and Barratt Group and Kier.

The Covent Garden Market Authority (CGMA) has announced a shortlist of three developers for the £1bn ($1.6bn) redevelopment scheme at the Nine Elms site in London, UK.

The three developers are Bouygues UK, and joint ventures between St Modwen and Vinci, and Barratt Group and Kier.

The CGMA has announced plans to submit outline planning application covering the entire site, which is slated to be submitted to the Wandsworth Council in mid 2012.

Plans for regeneration include construction of five new buildings with a dedicated flower market building.