Construction To Start On Earls Court Project
News: UK-based property firm Capital & Counties Properties is set to start construction work on the Earls Court residential scheme in London. Construction and civil engineering company Sir Robert McAlpine is scheduled to begin building phase one in Q214. The first phase, called Lillie Square, will comprise 808 homes. A GBP130mn (USD219.31mn) debt facility to fund the construction is expected to be signed soon. The scheme involves the development of a residential district on a 77-acre site, with 7,500 new homes in modern mansion blocks and terraces of townhouses linked by new streets and garden squares, and the re-establishment of a lost river park.