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<\/a><\/p>\nDe Group Contracting has emerged as the first contractor to secure one of the stranded projects.<\/p>\n
The firm was on site yesterday finalising terms to take over the Cambridge House redevelopment in Mayfair, where Ardmore had been converting the former military services In & Out Club on Piccadilly into a luxury hotel and residential scheme for the Reuben family.<\/p>\n
The landmark project still has tens of millions of pounds of construction work left to complete.<\/p>\n
A source close to the scheme said: \u201cThe client is very keen to minimise disruption and the aim is to take over and support the existing supply chain on the job with a smooth transition.\u201d<\/p>\n
Meanwhile, RED Construction is understood to be closing in on a deal to take over another major London retrofit project from Ardmore.<\/p>\n The scramble to secure replacement contractors comes as clients seek to avoid lengthy delays across a portfolio that spans life sciences, commercial, hotel and residential developments across the capital.<\/p>\n Ardmore\u2019s 10 major London projects<\/p>\n Tribeca, King\u2019s Cross \u2013 life sciences campus of five buildings The race to secure new builders follows yesterday\u2019s revelation that while the main Ardmore Construction Group and several trading subsidiaries have entered administration, directors have simultaneously sought a Moratorium for the wider Ardmore Group.<\/p>\n The move allows this business to continue trading while its future is assessed.<\/p>\n Ardmore is using the breathing space to pursue an appeal against the recent High Court Building Liability Order judgment that left companies across the group jointly liable for remediation claims linked to historic residential developments.<\/p>\n Industry sources believe potential liabilities could run to as much as \u00a3300m.<\/p>\n Earlier this week the Court of Appeal granted Ardmore permission to challenge the High Court ruling and agreed to fast-track the case because of its wider significance.<\/p>\n Ardmore argues the appeal raises important issues for the entire construction sector, including when Building Liability Orders can be made and how far liabilities arising from historic projects can extend across corporate groups.<\/p>\n Commenting on yesterday\u2019s administration a spokesperson for Ardmore said: \u201cThis is a deeply disappointing outcome for the construction group, its employees and its stakeholders.<\/p>\n \u201cOur focus is now on preserving value in the wider Group, protecting the continuing businesses where possible, and pursuing the appeal against a judgment which we believe raises important questions for the wider industry.\u201d<\/p>\n Ardmore added it would continue to work with the administrators, employees, clients and other stakeholders during this process.<\/p>\n<\/a><\/p>\n
5 Chancery Lane \u2013 100,000 sq ft office retrofit for LS Estates
Hammersmith Civic Campus \u2013 Grade II-listed town hall redevelopment
West Cromwell Road, Kensington & Chelsea \u2013 462 flats across seven buildings![\"\"](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/06\/KFH-Before-02.jpg\")
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Kensington Forum Hotel \u2013 major refurbishment of landmark hotel
Eaton Lane, Westminster \u2013 restoration of Grade II-listed mansion block into 42 super-prime flats
Cambridge House, Westminster \u2013 conversion of former In & Out Club into a 100-key luxury hotel
Britannia Place, Shoreditch \u2013 two towers delivering 480 flats
Thames Road, Newham \u2013 three-block residential development
Hackney Yards, Hackney Wick \u2013 190 flats for Notting Hill Genesis<\/p>\n