In brief
- £17.8 million, 27-month redevelopment of Anchor Housing site in Newcastle
- Demolition of 47 bedsits and construction of 70 dwellings
- Ranks tenth among UK construction awards in 2027 in GovMarket records
Prosper has awarded Meldrum Group a £17.8 million contract to redevelop Anchor Housing’s Belsay Gardens and St Clements site in Newcastle over 27 months, according to a notice published on 20 October.
The project will demolish an existing block of 47 bedsits and build 70 dwellings at Belsay Gardens / St Clements by Kingston Park, Newcastle.
It ranks as the tenth-largest UK construction award of 2027 in GovMarket records.
Prosper and Meldrum Group have not contracted together before in GovMarket records. This is Meldrum Group’s only public contract in the database.
Prosper’s largest listed contract is a £65.4 million award to RE:GEN Group Limited in 2024, in GovMarket records.
The contract starts in January 2027. The notice says the award followed a further competition.
Key facts
* 2026 so far
| Year | Value | Contracts |
|---|---|---|
| 2021 | £65.5m | 39 |
| 2022 | £100.8m | 54 |
| 2023 | £150.1m | 46 |
| 2024 | £249.1m | 41 |
| 2025 | £259.6m | 61 |
| 2026 | £129.6m | 66 |
Written from published notices and GovMarket contract records. Totals cover GovMarket records, which start at different dates for each source.
