MORE THAN
CONSTRUCTION COST MANAGEMENT
Residential - New Build
Client
Bellway Homes Limited (Thames Gateway)
Development Location
Croydon, London Borough
Development Value
£98m
QSetc Service
Quantity Surveying
QSetc Project Date
September 2023
The Development
Two different schemes, with the benefit of a Doctor's Surgery being constructed in the common area between the two towers.
Scheme 1
Two tower blocks with a gross internal floor area of 206,500 sq. ft., consisting of 199 apartments. 179 apartments will be private for sale and the remaining 20 apartments are designated as ‘affordable’ (either via ‘shared ownership’ or to rent).
Tower Block 1: 100% private accommodation over 28 storeys and will benefit from a gymnasium and private lounge for residents.
Tower Block 2: A mix of ‘affordable’ and private accommodation over 9 storeys.
Scheme 2
A ‘scaled down’ version of Scheme 1. Two tower blocks with a gross internal floor area of 164,250 sq. ft., consisting of 130 apartments, all of which are to be constructed for private sale.
Tower Block A: 100% private accommodation over 9 storeys, with a private lounge for residents.
Tower Block B: 100% private accommodation over 17 storeys.
QSetc Service
Service
Service Delivery
Client Follow Up
Scheme 1
The provision of an Indicative Cost Estimate detailing an elemental breakdown of the building and typical fit-out costs for each apartment type.
Schemes 1 & 2
The provision of a Budget Cost Estimate developing the Indicative Cost Estimate based on 'live' market data.
Schemes 1 & 2
The provision of detailed Cost Plans providing a full measure of all the elements within the building based on tender returns on a comparable scheme.
Within 48-hours of instruction by the Client.
Within 5 days of instruction by the Client.
Within 2 weeks of instruction by the Client.
Based on the information provided to the Client by QSetc, a subsequent instruction was received to develop the Estimate further.
Following receipt of QSetc's Estimate, a review meeting took place for the Client to further understand the basis and assumptions underpinning the Estimate.
Following receipt of QSetc's Cost Plan, a review meeting took place for the Client to run through the Cost Plan on a page-by-page basis.
QSetc supported the following company on this Project
"Bellway began as a small family business in 1946 - with a passion for building exceptional quality homes in carefully selected locations, inspired by the needs of real families. To this day, we maintain these same core values, combining our decades of expertise with the level of personalised care that Bellway is known for."
(Quote from Bellway's Website)
