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Balfour Beatty secures Olympic Stadium conversion project

Balfour Beatty secures Olympic Stadium conversion project
Balfour Beatty has beaten off stiff competition to land the contract to transform the Queen Elizabeth Olympic Park Stadium.

It was widely believed that Sir Robert McAlpine was the frontrunner for the development after originally building the stadium but Balfour has emerged the winner. The likes of Buckingham, ISG and Shepherd were also in the reckoning to be handed the contract to redevelop the ground which hosted track and field events and both the opening and closing ceremonies of the London 2012 Olympic Games.

The £154 million contract will see Balfour work alongside stadium operator, E20 Stadium LLP, a joint venture between the London Legacy Development Corporation and Newham Council, to bring the transformation to fruition. The agreement includes a £41 million roof contract which the company managed to secure in the summer.

Since the end of the Olympics the future of the stadium has been under much discussion. There had been bids from the likes of Tottenham Hotspur FC, West Ham United FC and Leyton Orient FC which all wanted to make the ground their new home. A decision was finally made to grant The Hammers the stadium, which they will move into from 2016. Once completed, the venue will also host five matches during the Rugby World Cup 2015 before being used for football.

Andrew McNaughton, Balfour Beatty chief executive, explained that the award of the stadium contract will mean a boost to job opportunities around the local area.

He said: "During construction, our firm commitment to the use of local labour and the creation of apprenticeships will continue to benefit the local community and the wider industry and, upon completion, the stadium will provide a first-class sporting and cultural facility for many generations to come.

"Balfour Beatty is proud to be associated with this project.”

Work to transform the stadium will begin in the coming months with a completion date earmarked for spring 2016.

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Date: 06/01/2014 16:09:05

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