Billionaire Teddy Sagi gets Shard firm to redevelop Camden LockComments Off on Billionaire Teddy Sagi gets Shard firm to redevelop Camden Lock
Teddy Sagi’s Market Tech has appointed Mace to oversee the redevelopment of Camden Lock Village, with 170 private and affordable homes, shops and market pitches, and nearly 100,000 square feet of offices.
Building firm McLaughlin & Harvey has also been hired to build a primary school and nursery.
Sagi, who founded gaming-software company Playtech, has spent the last 12 months buying up the north London market, with ambitions to capitalise on booming residential and office values in the area.
Charles Butler, chief executive of Market Tech said: “Camden Lock Village is a truly unique development and will become a landmark destination.”
Gareth Lewis, Mace’s chief operating officer, said: “This is a fantastic win for Mace to rejuvenate one of London’s favourite visitor destinations and deliver an iconic project for the capital.”