Elements Europe appointed to £100m London modular hotel and office scheme
Elements Europe, an offsite specialist, has been appointed as the main contractor on a £100m London modular hotel and office development
The central London scheme will provide 5 storeys of offices below a 17 storey volumetric modular hotel, Motel One 4*. The office space aims to achieve ‘Excellent’ BREEAM certification, underlining the project’s sustainability credentials.
Environmental, Social and Governance (ESG) goals
The modular hotel and office development will deliver on the Environmental, Social and Governance (ESG) goals of its stakeholders, with the majority of the superstructure constructed by prefabricated modules.
The project will be delivered with less embodied and operational carbon, having reduced waste levels and increased levels of fabric first insulation performance.
Simon Underwood, CEO of Elements Europe, said: “We look forward to working with our partners in this prime, central London location, on this advanced scheme.
Leading large scale modular manufacturing and construction company
“Elements Europe has considerable experience as a leading large scale modular manufacturing and construction company, having been founded over 17 years ago.
“Now supported by one of the world’s leading construction and engineering Group’s – GS E&C – it enables us to provide certainty and security for our customers in today’s difficult markets.
“The environmental aspects of this scheme are important to us as a business and are another example of how the industry can continue to modernise for our sustainable future.”
The scheme has been funded by UBS Asset Management Real Estate & Private Markets (REPM) and development partners BSW Land and Property, and The Pickstock Group.
Source: pbc today