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Olympics contractor wins £25m deal to redevelop leisure facilities

Olympics contractor ISG and property developer Trebor Developments have been awarded a £25m deal to redevelop leisure facilities for the London Borough of Waltham Forest.

The contractor, which built the OlympicVelodrome – home to a record haul of seven Olympic gold medals for Team GB in track cycling – has been appointed by Greenwich Leisure Limited for the four-year deal, CN can reveal.

The ISG/Trebor team, working with GLL, will invest in Waltham Forest’s leisure amenities under an all-encompassing operation, construction, development and funding solution.

ISG director Joe Webb said: “Public sector leisure provision is an extremely topical issue at present and the challenge for a large number of local authorities across the UK is how to deliver high quality community facilities with diminishing budgets. The solution that GLL, ISG and Trebor Developments have developed brings together leisure sector experts across multiple disciplines, to deliver a comprehensive package of options for our clients.

“This one-stop-shop approach brings major efficiencies, with up-front guidance on funding, development and estate realisation and close collaboration with experts that have an enviable track record in successful project implementation and leisure management.”

The construction industry has backed calls for greater investment in sports and leisure facilities after the success of the London 2012 Olympics.