McLaren has announced the launch of its new Construction Management and Specialist Projects division, focused on large-scale real estate and public sector schemes.
Former Sir Robert McAlpine deputy managing director for London, Vince Lydon, has been appointed managing director (MD) of the new business.
Lydon has more than 30 years’ relevant experience, having spent nine years in his previous role at McAlpine after working for Balfour Beatty, Bovis, and Lendlease, where he oversaw delivery of major projects for BAA, Stanhope, Grosvenor, Land Securities, Soho Estates, and The Crown Estate, among others.
Construction Management and Specialist Projects will work alongside other divisions within McLaren, including the rebranded Regeneration division led by MD John Butten.
McLaren Construction executive chairman, Kevin Taylor, said, “It is an exciting time for our business as we create a new division to respond to increasing demand for our services and mobilise all our teams for a resurgence in sectors such as residential development.
“We have not only been executing projects at consistently high standards, but we have also been awarded work in our target sectors, during one of the most challenging markets of recent times, which gives us the confidence to expand further.”
McLaren Construction CEO, Paul Heather, added: “Following a period of sustainable growth for McLaren Construction, a new division focused on large-scale projects and programmes will see us develop our capabilities in construction management and adapt to an evolving market.
“Quality of construction and stable profitability continue to be two of our highest priorities, and with Vince Lydon at the helm of the new division in addition to our existing senior team we will quickly expand into delivering more of the largest and most exciting projects across the UK.”
McLaren Construction generated revenues of approximately £1 billion in 2022/2023 and is on course to report a managed increase in annual turnover for 2023/24.
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