Construction firm lands second phase of £16m Angel Central regeneration
A London-based construction company has been appointed to complete a multi-million pound regeneration project in North London.
CBRE Global Investors has named RED Construction as the contractor for the second phase of the £16m Angel Central development in Islington.
Working with development manager Queensberry, RED will deliver retail, leisure, and restaurant space, plus an outdoor terrace area accessible via a new link bridge.
In addition, the construction specialist will elevate the 12-tonne ‘Angel Wings’ sculpture at the heart of the scheme by 3.5 metres as part of the refurbishment.
Graham Sturge, managing director of Farringdon-based RED Construction, commented: “We are proud to be working with CBRE Global Investors on such an exciting and creative project and utilising our experience to ensure the safe delivery of this extensive refurbishment.”
Ciara Hanrahan, asset manager at CBRE Global Investors, added: “Our investment in the redevelopment of Angel Central has been a long-term plan for the destination.
“We wanted to provide the local community with a reimagined space and enhanced offer that includes more restaurants, outdoor seating and leisure – all building on the existing strong mix within the scheme such as O2 Academy, Vue Cinema and Frame.
“Now more than ever, we want visitors to feel safe and enjoy the new-look Angel Central and we are looking forward to RED Construction delivering our vision.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs