British construction and engineering group Balfour Beatty has been awarded £111 mln (EUR 162 mln) in design-and-build contracts from privately-held property group Grosvenor for a multi-use development project in Liverpool. The Liverpool Paradise Project, next to Paradise Street in downtown Liverpool, makes up a significant portion of Grosvenor's 42-acre Liverpool redevelopment programme, slated to be completed in 2008 when Liverpool is the European Capital of Culture.
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