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Project Services  >  News  >  Interserve to create new £45m offices

Interserve to Create New £45m Offices in Inland Revenue PFI

4 Aug 2003

Interserve Project Services has negotiated a £45m contract to design and build new offices for the Inland Revenue and the Department for Work and Pensions as part of the Private Finance Initiative (PFI) redevelopment of the Newcastle-upon-Tyne estate.

The company is undertaking the work at Longbenton on behalf of the Newcastle Estate Partnership, a joint venture between AMEC Developments and Interservefm.

The project represents the final development phase of the 26-hectare site situated to the north of the city centre. Interservefm already supplies facilities management services in the PFI scheme over a 25-year period on the existing estate, and will do the same for the new buildings once they are operational.

The new facilities, which will provide 23,290 sq m of office space and a 721 sq m restaurant, consist of four three-storey office buildings in two linked pairs and a stand-alone restaurant. The design draws on the previous phases of works on the site in which six office complexes were constructed. Steelwork erection is now in progress and the project is scheduled for completion in October 2004.

"We won this work following a recent project for the same client nearby", said John Vyse, Executive Director of Interserve Plc, "and it's testimony to the quality and value we provided there that we've been asked to undertake this new development.  The offices will accommodate some 2,700 people in a modern environment."

 
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