McAleer & Rushe has secured a £130 million contract from developer Quintain to deliver 533 new homes as part of the second phase of the South West Lands development.
The contractor has been appointed following the successful award of the first phase of works, worth £55m, which is due to be completed in Q3 2019.
The £130m contract marks McAleer & Rushe's third deal at Wembley Park, with the firm also on site delivering a 312-bedroom Premier Inn hotel scheduled for completion in summer 2018.
Of the 533 new homes, 144 will be made 'affordable'. Other features to be built include an onsite gym, library, resident's lounge and concierge service leading out to a podium garden.
Angus Dodd, Chief Executive of Quintain, said: "We are delighted to award this £130m contract to McAleer & Rushe who are doing an excellent job on the first phase of South West Lands. The award of this contract, which will deliver over 550 new homes, marks another important step in the delivery of Wembley Park as we continue its transformation into the UK's most exciting mixed-use destination."
Eamonn Laverty, Chief Executive of McAleer & Rushe, said: "Marking our largest contract to date, we are delighted to be here today celebrating the signing of the £130m deal for the second phase of South West Lands. This is our third contract with Quintain since 2016 and the project cements our partnership with them as a trusted member of their Main Contractors framework.
"The contract signing reinforces our position as one of the leading design and build contractors in the High End Residential and Private Rented Sector and we look forward to further involvement in the wider Wembley Park masterplan."