Dive Brief:
- Chinese developer Greenland Group announced Tuesday that it has selected AECOM Tishman to build a 67-story, $1 billion residential tower in London, according to Construction News.
- When complete, the 771-foot, 861-unit, Spire London high-rise will be the tallest residential tower in Western Europe. Construction is expected to begin on the HOK-designed building in late 2017.
- The project will also include rooftop terraces, dedicated children's play areas and a private club that will provide members with a health club, gym, spa, swimming pool, private library, movie theater, bar and restaurant.
Dive Insight:
AECOM announced the rebranding of its 2010 acquisition, Tishman Construction, as AECOM Tishman in February. AECOM also rebranded Hunt Construction, which it acquired in 2014, as AECOM Hunt.
AECOM Tishman is a dominant force in New York City, with the Real Deal ranking it as the contractor that built the most square footage in the city from 2012 to 2017. The company constructed almost 14 million square feet of new construction — nearly twice that of runner-up Turner Construction — in that time period.
AECOM Tishman is currently building SL Green's $3 billion One Vanderbilt Place next to Grand Central Station in New York City. The contractor won that project last year, and construction should be complete by 2020. AECOM Tishman also built the iconic 1,776-foot One World Trade Center in New York City.
Aside from New York, AECOM Tishman has projects in different areas of the country as well, such as the $2 billion, 27-acre Miami Worldcenter, for which the company is serving as a joint venture partner with Coastal Construction. When the Worldcenter is complete, it will feature 450,000 square feet of retail space, 2,000 residential units, 1,700 hotel rooms, 500,000 square feet of event space and 100,000 square feet of parks and other public areas.
