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BBY Balfour Beatty Plc

364.60
4.60 (1.28%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Balfour Beatty Plc LSE:BBY London Ordinary Share GB0000961622 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.60 1.28% 364.60 364.40 365.00 367.80 360.60 367.80 1,026,585 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 9.6B 197M 0.3628 10.06 1.98B

The Related Group Selects Balfour Beatty US to Build Flagship Whole Foods Market in Midtown Atlanta

31/01/2017 3:11pm

Business Wire


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The Related Group has selected Balfour Beatty US to build Whole Foods Market’s new multi-level flagship store in Midtown Atlanta. The second phase of The Related Group’s new luxury, mixed-use residential tower located at West Peachtree and 14th Street and currently under construction by Balfour Beatty, the new store will anchor the 39-story tower and has already become a source of excitement among nearby residents and businesses.

Ideally situated in the gateway to Atlanta’s Arts District, Piedmont Park and the Midtown business district, this project will feature the 72,000-square-foot organic foods market and include a microbrewery, a rooftop patio bar with exciting views of Midtown Atlanta, in addition to a variety of neighborhood restaurants. With Midtown being one of Atlanta’s most walkable neighborhoods, the newest Midtown Whole Foods Market will be easily accessible for residents, and feature green spaces and sustainability objectives set forth by the Midtown Eco-District.

Located on 2.2 acres in the busy Midtown Atlanta urban environment, the Balfour Beatty project team is leveraging the latest technologies and Lean construction methods to efficiently plan and deliver the project. With other new projects scheduled for construction in close proximity, the project team leveraged building information modeling (BIM) to evaluate the most ideal tower crane placement scenarios. And, with very limited material laydown space, the team has innovated a well-organized, systemic “just-in-time” logistics strategy for material deliveries that is yielding additional efficiencies.

“Balfour Beatty is proud to be a part of this highly-anticipated addition to Midtown Atlanta,” said Mike Macon, vice president and business unit leader of Balfour Beatty’s Georgia operation. “Our project teams are already hard at work on the adjacent 39-story tower, and this next phase represents another chapter in our growth in the Atlanta marketplace.”

Designed by architecture firm Phillips Partnership, Inc., the project is scheduled for final completion in first quarter 2018. Consistently ranked by the Atlanta Business Chronicle as a top commercial contractor in the market, Balfour Beatty is well established in Georgia with deep experience serving the commercial office, retail, hospitality, education, and multi-family sectors.

About Balfour Beatty US

Balfour Beatty US is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the nation. Performing heavy civil and vertical construction, the company is the US subsidiary of London-based Balfour Beatty plc (LSE: BBY), a leading international infrastructure group that finances, develops, builds and maintains complex building programs focused on social and commercial buildings, power and utility systems, and transportation. Consistently ranked among the nation’s largest building contractors, Balfour Beatty US is the No. 3 Domestic Building Contractor as ranked by Engineering News-Record. To learn more, visit www.balfourbeattyus.com and www.bbiius.com.

Balfour Beatty ConstructionMatt Averitt, +1-214-451-1030maveritt@balfourbeattyus.com

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