Balfour Beatty has won the £154 million contract to transform London's Olympic Stadium into West Ham United's new home and multi-purpose venue.

The deal includes the £41m roof agreement awarded in the summer, with the international infrastructure group now also responsible for revamping corporate areas, toilets and retractable seating. 

During the conversion, the venue - which hosted the opening and closing ceremonies at the 2012 Olympic Games - will see its capacity reduced from 80,000 seats to 54,000.

Balfour Beatty said the work will commence in early 2014 and conclude in the spring of 2016, in time for the Hammers to begin their 99-year lease at the start of the 2016/17 season.

Before that tenancy, the ground will stage five games in the 2015 Rugby World Cup, and will also be the new national competition venue for UK athletics.

Posted on 08/01/2014