For many people interested in buying a property on the Costa Del Sol there have been many horror stories surrounding some of the projects and developers that operate within the area. The Los Arqueros estate in the Benahavis area is a popular choice for many northern Europeans and Spaniards and part of this success this project has enjoyed can be attributed to strong track record that Taylor Woodrow demonstrates throughout its long history in the construction and development business. Here are some of the achievements this company has enjoyed since its start in 1921.
The business was started in Blackpool on a small scale and by 1935 Taylor Woodrow became a limited company with a capitalization of 3 million pounds. By 1945 the company built Atlantic House, one of the first major re-construction projects undertaken in the City of London after World War 2. Moving forward to the 1960īs and the business was the main contractor for the Christ the King Cathedral in Liverpool, a true landmark building that is still highly regarded within the city.
During the 1980īs the business became a founder member of the consortium involved with the mammoth Channel Tunnel construction. Continually moving forward and making strategic acquisitions along the way Taylor Woodrow has been involved in numerous construction projects around the globe. With developments in North America, Canada and Europe all finished to a high standard with total transparency in everything that they do.
The company now intends to trim costs and because of this they have managed to reduce their debt levels to 860 million GBP, with a further reduction of 60 million GDP by the end of the financial year. They announced recently that they intend to exit their work in Gibraltar and continue to perform well in their Spanish operations, even though the market conditions in that area are difficult. One of the factors that made their projects in the Los Arqueros development so popular was the fact that they offered clients the peace of mind and credibility that many nervous purchasers seek.
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