Brookfield Multiplex wins £50m work on luxury Mayfair flats

摘要

Native Land has appointed Brookfield Multiplex to build a major luxury residential and retail scheme in Mayfair, west London, Building can reveal. The development on Burlington Gate is a nine-storey mixed-use development compromising 42 luxury apartments, a residents' gym and spa, and 25,000ft~2 of retail space designed for art gallery use. The value of Brookfiled Multiplex's contract is approximately £50m, while the overall gross development value of the scheme is £225m. The project is due to be completed by the end of 2016. The scheme (pictured) has been designed by Rogers Stirk Harbour + Partners - the architect also behind Native Land's high-profile residential scheme Neo Bankside on London's South Bank. At Burlington Gate, over 80% of the apartments have already been sold, with sales reaching an average of £4,000per ft~2. The win for Brookfield Multiplex caps a successful few months for the firm. The contractor's sister company Brookfield Property Partners decided to commit to construction of the 900,000ft2 100 Bishopsgate tower in the City last month, which Brookfield Multiplex will build.