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ISG to lead on £200M Waterloo development

waterloo eurostar

ISG has been appointed by developer LCR as lead contractor to deliver a £200M retail, leisure and cultural development at Waterloo station.

The contract awarded to ISG is worth more than £40M and will involve the development of up to 12,542m2 of new retail and leisure space at the former Waterloo International Eurostar Terminal.

As part of the work, 40 new glass-fronted units will be created across three floors below the existing platforms.

The scheme represents part of a wider redevelopment of Waterloo Station, where Network Rail is increasing capacity by bringing five former Eurostar platforms back into use for suburban trains in the hope of enabling more services to run from the station.

ISG Construction South managing director Steven McGee said: “Securing this transformational project at Waterloo marks a significant milestone for ISG, as we approach eleven years since we delivered a project in excess of £90M to fit out St Pancras Station, which included the new London terminus for Eurostar, retail and hospitality space and back of house facilities.

“This exciting redevelopment of Waterloo Station, the original home of Eurostar, utilises our knowledge and expertise delivering complex, live environment schemes within international transport hubs, alongside our credentials as the UK’s largest retail contractor – most recently completing the new Icon outlet centre at The O2.”

Work is anticipated to begin on the site in April 2019, with completion of the project expected in early 2021. The wider project team includes Arcadis as project managers, contract administrators and structural engineers.

Meanwhile, Corstorphine & Wright will be the wider project’s architects and lead designers, QODA its services engineers and RPS its cost managers.

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