16 February 2016

The development will include a construction skills academy which will be operated by the college and Carillion, a four star training hotel plus 176 apartments. The project will create up to 600 jobs during the construction phase. Work is planned to start in 2016 and be completed by 2018.

Carillion will manage the delivery of the development, including construction, from which it expects to generate £167 million revenue.

The construction skills academy will bring together Carillion's experience as the UK's largest private provider of construction training in the UK and the college's long experience in educating young people. The training hotel will be the first of its kind arrangement between a hotel group and college of further education in London.

The flagship scheme will provide learners with direct routes to sustainable employment, apprenticeships and higher-level progression opportunities in the construction and hotel sector. This exposure to a real work environment will ensure that learners emerge as 'work ready.' The new Skills Centre will also support Science, Technology, Engineering and Maths (STEM) Learners alongside construction and hospitality.

Carillion chief executive Richard Howson said: 'This is a very exciting development which will provide state-of-the-art training facilities which will prepare thousands of young people for exciting careers. We are pleased to be able to extend our apprenticeship programme to work with Lambeth College. Our apprenticeships not only equip people with valuable skills but enables them to work on construction projects, such as our work at Battersea Power Station and Kings Cross, during their training. The programmes are designed so apprentices can earn-while-they-learn.'

The College has submitted an application to the Further Education Capital Investment Fund.

Carillion plc issued this content on 16 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 February 2016 12:27:11 UTC

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