Ballymore was crowned Developer of the Year at the 2018 Property Awards, the property industry’s ‘Oscars’, saluting “an epic year for the business.”
The accolade endorses Ballymore – which has just celebrated its 35th year this year - as one of London and the UK’s most active and pioneering developers through its unswerving focus on design quality allied to a commitment to energising communities through arts and culture and ‘place making’.
So in a remarkable double first at the prestigious Property Week awards at London’s Grosvenor House, the company also walked away with the top award for Place Making for the transformative regeneration of London City Island.
Ballymore Group’s turnover increased significantly last year to almost £700m, up from £555m in 2016 - with work growing apace at key developments at London City Island, Royal Wharf, Embassy Gardens and Wardian, while the pinnacle of Ballymore’s year came in June with the launch of Goodluck Hope.
In its submission, the company recorded 2017 as “quite simply an epic era for the business.”
Picking up the award last night ( April 17th) John Mulryan, managing director of Ballymore UK said: “We are delighted our developments have been recognised and celebrated for their great quality, strong vision of a place, bold design, coupled with a rich programme of cultural and creative activity.”
Ballymore’s significant achievement in 2017 is Goodluck Hope, a pioneering and ambitious regeneration project intended to transform the entire area into the epicentre of culture and creativity in East London, next door to London City Island to where English National Ballet and the London Film School are set to relocate.
Starting as family-run house builders in Ireland, Ballymore remains under the ownership of the Mulryan family, who went on to pioneer some of the largest city centre regeneration projects in Europe – most notably in London.
In 2017, the business provides jobs for over 5,500 people across its live schemes, with residential, retail and commercial schemes currently under-construction including 7,000 homes, over 1.5m sq ft of workspace and a strong forward sales pipeline.
The company’s existing land bank gives capacity to add a further 9,000 homes to meet future demand and it is active in its development of significant corporate estates, with 1 million sq ft under construction.
Whilst the scale and ambition of its work has grown, Ballymore has consistently worked to the highest standards on every individual element of every development, creating places in which people, business, culture and society can thrive.