Northern Irish contractor Henry Brothers is understood to be in talks with developer U + I about delivering its delayed Brighton Circus scheme.
The project has been paraded around several contractors, including Kier and Osborne, but none were able to agree a final price for the job.
According to industry source Henry Bros has now stepped in with an offer to deliver the mixed-scheme, which is expected to cost around £70m to build.
The project would be a major coup for the Belfast contractor, which has been building its presence in England after securing a place on the MoD’s defence estate framework.
More recently it has picked up a £20m secondary school in Glossopdale for Derbyshire County Council and projects for Loughborough University.
Brighton University is also backing the Circus Street Development, which has been on the stocks for nearly a decade and was delayed initially due to the economic downturn following the banking collapse.
More recently rapidly rising costs in the construction sector have prevented a deal being signed with other contractors and prompted a rethink on the project.
The University of Brighton decided to put plans on hold for a new library building at the site at the start of the year, but remains committed to 450 new student rooms on the site.
U+I is understood to be now planning to commence main construction work later this year.
The full scheme includes a new home for South East Dance, 142 new homes, student accommodation and 38,000 sq ft of new office space.
from Construction Enquirer http://www.constructionenquirer.com/2017/05/10/henry-bros-tipped-for-70m-brighton-circus-scheme/
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