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Grand River Development, managed by Riant Capital, has unveiled plans for a $1.1bn mixed-use commercial tower in Taipei, Taiwan. The Taipei Sky Tower will be located adjacent to Taipei 101 in Taipei’s prime Xinyi District and will feature a retail podium, a luxury hotel, a lifestyle hotel and a theatre house. The 54-storey tower will measure more than 260m in height and include 93,000sq m in combined floor area. Riant Capital’s CEO Aaron Chan said: “Due to the unique location and street front exposure of the site, we are able to re-create a new whole pedestrian block comprising independently operated retail and F&B flagship/concept stores that one typically finds in major international cities such as New York, Tokyo or Hong Kong. “We believe that this pedestrian shopping experience will offer consumers an attractive alternative to the traditional department store concept and that our innovative approach will further enhance Taipei Xinyi District’s status as a premium business and retail centre in Asia.”
Abu Dhabi-based developer Aldar Properties has awarded contracts worth AED440M ($120M) to National Projects and Construction (NPC) for its Nareel Island and Al Merief communities in Abu Dhabi.Nareel Island is located on the coast in Al Bateen and is spread over two islands. It will include 148 villa plots, a lagoon, a marina, a clubhouse, open parks, private beaches, as well as pontoons and gardens. The earthworks and marine works tender packages have been awarded in October 2015. Reclamation work for the lagoon has also started, and dredging work on the southern island is complete.Al Merief project is located in Khalifa City and features 283 land plots. The villas will be located within recreational facilities and sheltered gardens, in close proximity to the community's parks, mosques, an Aldar Academies-operated school, and neighbourhood retail centre. The development’s conceptual and preliminary designs were completed in 2015.Aldar Properties’ chief development officer Talal Al Dhiyebi said: "As one of the most exclusive developments in the region, Nareel Island truly brings a new level of luxury to Abu Dhabi. Meanwhile, Al Merief is set to become a welcoming, impressive new address to a burgeoning area of the capital.“With the appointment of NPC, we are on track for the completion of both developments in 2017."Work on both projects is expected to be delivered over a 16 month-period.
Dubai Municipality has approved the construction of an AED20bn ($5.4bn) sustainable city in Dubai.The Desert Rose City, which was first announced in 2014, will be constructed in the Al Ruwayyah area. It will cover an area of 4,000ha and accommodate 160,000 residents.The development will deliver 20,000 plots for building luxury homes and 10,000 affordable housing units.The city, designed in the shape of a desert rose, will feature schools, shopping centres, clinics, hospitals, mosques, a police station and other services. It will also have resources to provide more than 40,000cb m of potable water.Dubai Municipality planning department director Dawood Al Hajeri said the city will produce 200MW of electricity using solar panels on the rooftops of houses and other buildings.The first phase of the development is anticipated to be complete before Dubai hosts the World Expo 2020.
CSX is set to build a new $160M intermodal terminal in Edgecombe County, North Carolina.The terminal, known as Carolina Connector, will transfer containerised cargo between trains and trucks and will initially process more than 260,000 containers annually,North Carolina’s governor Pat McCrory said: “This historic project is part of our 25-year vision for transportation because it facilitates efficient and cost-effective movement of goods, which is critical for job creation and economic growth.“The Carolina Connector will be a game-changer for our state’s economy, supporting North Carolina’s agriculture, ports and position as the Southeast’s No. 1 state for manufacturing jobs.”During construction, the project is expected to create 300 short-term jobs in engineering, technical services and construction. The terminal is expected to open in 2020 and create 1,500 jobs throughout North Carolina as a result of its operations.
German science and technology company Merck Group has unveiled plans to construct a new $115M campus in Burlington, Massachusetts.The 26,000sq m facility will feature a customer collaboration laboratory and training centre, as well as office space. It will serve as a major hub for the company’s North American life science business.The firm’s 850 full-time Billerica-based life science employees will be relocated to the new campus, once completed.Merck Life Science executive board member and CEO Udit Batra said: “This new and more expansive Merck campus gives us a unique, multi-use life science hub in the United States — one that provides our employees and customers with a sustainable and collaborative working environment.“We have a long history in Massachusetts, and as a global leader in life science, we are committed to strengthening our presence in one of the most important science and technology hubs in the world.”The building is aiming to achieve LEED certification and will be complete in the second half of 2017.
M+W Group has been appointed as the main contractor by the consumer health and hygiene company RB to design and build its R&D Centre for Scientific Excellence (CfSE) in Hull, UK.The £105M centre will accommodate a new Good Manufacturing Practice (GMP) healthcare development facility.It will include analytical, formulation and microbiology laboratories plus a stability testing unit.M+W Group UK managing director Spencer Baber said: “M+W Group is delighted to have been selected as RB’s partner to deliver the new Centre for Scientific Excellence. “This new facility will be an innovation hub, enabling RB to carry out industry-leading scientific research and development, to create new product ranges and healthcare solutions that could help transform lives in the future.”Preparatory works have already started at the RB’s Dansom Lane site with construction due to start in the coming weeks. The new facility is set to be operational in 2018.
International Container Terminal Services (ICTSI) subsidiary Victoria International Container Terminal (VICT) has secured an AUD398M ($300M) loan for the construction of a container terminal at Webb Dock East in the Port of Melbourne, Australia.The loan was provided by several financial institutions, including Citibank, KFW IPEX-Bank, Standard Chartered Bank and Bookrunners, Bank of China, DBS Bank, Investec Bank, and Cathay United Bank.Finnish export credit agency Finnvera has also participated in the transaction by providing a guarantee for a portion of the facility.Work on the terminal started in late 2014, and will be delivered in two phases. The first phase will be ready for commercial operations in the fourth quarter of 2016, while the second phase will be complete in 2017.VICT’s CEO Anders Dommestrup said: “VICT is extremely pleased to have signed this project finance facility with internationally renowned banks as this is a testament to the viability of VICT.“We remain committed to working with all our partners — the Port of Melbourne, local community, our contractors, and now our lenders — to deliver to Melbourne a world-class and industry leading container terminal.”
Dubai South has awarded AED1bn ($272M) contracts for project developments in Dubai’s Residential District.Dubai South’s Residential District will feature 10,000 residential units, including villas, townhouses and apartments, accommodating about 35,000 residents. It will also include schools, nurseries, hospitals, retail outlets, food and beverage options, a post office, a swimming academy and a sports centre.Atkins Global, Studio International Architects and RNL Design have been selected to supervise the masterplan and product design for the mixed-use project, which will be delivered in phases. UAE-based Al Nasr is currently working on the first section of the District’s infrastructure, which will be completed by the fourth quarter of 2016. The company has also secured a contract for the construction of infrastructure in Dubai South’s Logistics District.Tristar Engineering & Construction has secured an infrastructure construction contract for the remaining areas of the first phase — scheduled to be complete by the fourth quarter of 2017.Parsons and Kele Constructions have also been awarded a contract to build the first phase of Sakany Staff Village, which will accommodate 20,000 residents by 2020.Additionally, UAE-based City Diamond Contracting has won a contract to build a multi-purpose aerospace supply chain facility in Dubai South’s Aviation District.Ahmed Al Ansari, Dubai South’s acting CEO, said: "We, at Dubai South, are excited to be working with the leading companies in the construction industry to help create a solid foundation for the future of Dubai South residents."This entirely new and incomparable model of urban living puts people first, while celebrating nature and diverse populations, which come together to form a thriving and healthy community."
Beck Construction is set to build a new $100M manufacturing, research and development facility for cosmetics company Mary Kay in Lewisville, Texas.The 44,000sq m facility — to be located on a 26.2-acre plot at the northeast corner of Denton Tap Road and Vista Ridge Mall Drive — will support Mary Kay’s future needs in producing high-quality skin care and colour cosmetics.Jacobs Engineering will provide the building design services for the project. Mary Kay’s chief supply chain officer Thomas Cho said: “This state-of-the-art facility is being specifically designed and built to meet not only today’s, but tomorrow’s, challenges to ensure the future of Mary Kay in an ever-growing and changing global marketplace.“We are very excited about our innovative vision for Mary Kay’s new US-based global manufacturing and research and development facility.”Construction work is set to begin in September 2016 with projected completion due for the first quarter of 2018.
Construction is set to begin later this year on the construction of 3,000 new homes in North Lincolnshire, UK.The new homes are part of the £1.3bn Lincolnshire Lakes development west of the M181.The development — set to be the largest residential-led regeneration scheme in the north of England — will cover 5,100 acres of land and create six new villages on the outskirts of Scunthorpe. The project will involve the construction of a new business park, a football stadium, 7,739 new homes, leisure facilities, shopping centres, schools, cafes, pubs, hotels and restaurants.Plans will also include major improvements to the existing roads, including two new junctions that will help reduce congestion in busy areas, and a £13M flood defence enhancement scheme along the River Trent.Due to the size of the scheme, KMG Lucent Fund and Maltgrade have filed separate planning applications. North Lincolnshire Council has already approved four applications submitted by KMG Lucent Fund and will consider three applications from Maltgrade on 27 July 2016. The project is expected to create 5,000 jobs in the region.
US-based hotel development and management firm North Point Hospitality has started construction on a new $137M Marriott hotel in the USA.The company introduced the project by unveiling an original 300-pound model of the hotel, made with 63,636 Lego bricks. The development will include a 209-room AC Hotel, a 136-room Residence Inn and a 125-room SpringHill Suites.According to North Point Hospitality, guests of the three hotels will have access to all amenities within the tri-branded property, which will only have one main entrance. North Point Hospitality’s president and CEO S Jay Patel said: “This is an historic day for Nashville and the Marriott brand. We are excited to partner with Marriott to bring this tri-branded design to ‘booming’ Nashville.“Having successfully developed a dual-branded hotel in the past, the tri-branded concept was a natural progression.”The development is anticipated to open in mid-2018.
Turner Construction and Aecom have been selected by Hollywood Park Land Company to manage the construction of a new stadium for the Los Angeles Rams football team.The new 70,000-seat stadium is the centrepiece of a 298-acre mixed-use development being constructed in Inglewood, California.The stadium will include 275 luxury suites, over 16,000 premium seats, and about 279,000sq m of usable space. In addition to its seating capacity, the venue will also offer standing room for 27,000 spectators.Turner/AECOM joint venture principal-in-charge Robert Aylesworth said: "Construction of the new stadium is expected to provide more than 3,500 on-site construction jobs in Inglewood and, in total, more than 10,000 jobs through completion."We are bringing together a team of outstanding, highly creative people from Southern California, across the United States and around the world to build this once-in-a-lifetime project."The Turner/AECOM team joins three other firms already involved in the project: Project Development, which is providing project management services; HKS Architects of Dallas, which designed the new stadium; and Wilson Meany of San Francisco, which is providing entitlement and infrastructure management services.
Genesis Housing Association and Queens Park Rangers Football Club (QPR) have received planning consent from the Old Oak and Park Royal Development Corporation (OPDC) for a £175M mixed-use regeneration project in Hammersmith & Fulham.The development, named Oaklands, will include 605 new homes, 40% of which will be part of the ‘affordable’ scheme, a 4,000sq m creative hub and a link road into Old Oak.The Oaklands site is located on the western part of the Old Oak regeneration area, south of the Grand Union Canal.Over the next 30 to 40 years, up to 25,500 new homes and 65,000 new jobs are expected to be created at Old Oak and Park Royal — set to be the key transport interchange for Crossrail and HS2.Genesis Housing Association CEO Neil Hadden said: "We are delighted to be part of the redevelopment of Old Oak, one of Hammersmith and Fulham’s most important regeneration sites at which so many new homes will be built, of which 240 will be affordable."We are committed to the future regeneration of Old Oak and partnerships such as the one we have with QPR will enable us to invest, not only in building new homes, but in developing new communities."The project is now going to the Mayor of London for a final review. Construction work is set to begin in this financial year and is expected to take three years to be fully complete.
Magellan Midstream Partners has unveiled plans to build a new $335M high-capacity marine terminal along the Houston Ship Channel in Pasadena, Texas.The new terminal will be constructed on a recently-acquired 200-acre site and will be able to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels. The project’s initial plans include the construction of about 1M barrels of refined products and ethanol storage supported by a long-term customer commitment. It will also involve the construction of a new marine dock capable of handling Panamax-sized ships or barges with up to a 40ft draft.Furthermore, a 36-inch diameter pipeline will be constructed between the partnership's existing Galena Park, Texas terminal and the new terminal. The existing 18-inch Texas City—Pasadena pipeline will be also connected to the new facility.Magellan Midstream Partners’ CEO Michael Mears said: "Demand for refined products export capabilities from the Gulf Coast continues to grow, and Magellan is well-positioned to take advantage of these opportunities due to our extensive pipeline and terminals network."We are pleased to expand our marine storage capabilities to meet the strong industry demand for both domestic and international exports while solidifying our strategic position as a key provider of storage and transportation services in the Gulf Coast region."The new Pasadena terminal is expected to be operational in early 2019, subject to receipt of necessary permits and regulatory approval.
Balfour Beatty has secured a pre-construction services agreement with Wanda One to construct two luxury residential towers near Vauxhall, London.The award follows the securing of financing by the Dalian Wanda Group for the £1bn One Nine Elms project — designed by Kohn Pedersen Fox.Balfour Beatty and Wanda One are now working together to agree on the final contract details, to be awarded by the end of the year.Balfour Beatty’s UK construction services business managing director Dean Banks said: “We are pleased to be awarded the pre-construction services agreement for One Nine Elms and to be partnering with Wanda to get this fantastic project underway. “This reflects the depth and breadth of experience we have in this sector and builds on the success of similar projects across London.”The project was firstly awarded to the Interserve and China State Construction Engineering Corporation (CSCEC) joint venture, which abandoned it in April.
INSHA Contracting and Trading has won a QAR1bn ($274.6M) contract from Barwa Real Estate for the construction of the first phase of the QAR1.5bn ($412M) Motor City project in Qatar.‘Madinat Al Muwatar’ — to be located on Rawdat Rashed Road, near the intersection with Salwa Road — will house various services related to the sale, purchase and maintenance of used vehicles.The project’s first phase will be constructed on a 215,600sq m site and will include 60 car showrooms with a total area of 18,500sq m, 176 residential apartments, and 10 commercial shops and workshops.The development will also include three electrical substations, internal roads, a petrol station, potable water, firefighting, irrigation, sewage, storm water and CCTV networks, as well as all related services, such as pump rooms and tanks with a total build up area of 34,000sq m. The first phase is expected to be built in 12 months.
Developer Argent Related has entered into a partnership with Haringey Council for the new £1bn Tottenham Hale development in London, UK.The project will provide nearly 800 homes around the Tottenham Hale transport hub, with access to the Victoria line, National Rail and future Crossrail 2 services.The development will include new shops, cafes and restaurants, community facilities and a health centre.It will also feature improved green spaces and better access to both the new Tottenham Hale transport interchange and the Lee Valley Regional Park.Robert Evans, Argent’s partner, said: "Argent Related is focused on opportunities, like Tottenham Hale, to work with committed local authority partners to transform urban areas and improve the lives of communities with the right housing and workspace provision, social and community facilities, public infrastructure and other investment."We are delighted with today's decision and look forward to moving forward quickly, into design and delivery."
UK-based property and construction consultancy Gleeds has been selected as project and cost manager on Formal Investments’ £75M commercial redevelopment in Glasgow, Scotland.The proposed development will include a 12-storey new building, incorporating 12,000sq m of Grade A office space on Bath Street, as well as the remodelling and refurbishment of a second building, formerly home to retailer BHS.Furthermore, a third premises located on Sauchiehall Street will be refurbished to include a total area of 22,000sq m.The former BHS site will be knocked down to make way for the new building, with the remaining construction set to include about 7,000sq m of office space above the existing retail offering. Under the contract, Gleeds will provide assistance in appointing additional consultants and managing the entire programme of works, once planning permissions for the project have been received.Gleeds’ director for Glasgow Brian Stevenson said: “I am delighted to be working with Formal Investments on yet another large-scale city centre development.“This scheme has the potential to completely transform both the commercial and public realms of this part of Glasgow and represents a fantastic opportunity for business across the board.”Subject to necessary approvals, work is anticipated to commence in mid-2017.
US-based interconnection and data centre company Equinix is set to construct a new International Business Exchange (IBX) in Amsterdam, Netherlands. To be located at its existing campus at the Amsterdam Science Park, the new data centre — known as AM4 — will meet the increasing demand for the company’s services. Equinix will invest $113M in the first phase of the development that will house 1,555 cabinets.Upon completion of the four expansion phases, the facility will represent a total investment of $189M and will provide 4,200 cabinets spread across eight floors, with a total usable floor area of over 12,000sq m.The building and first phase is expected to be completed and operational by the second quarter of 2017.
Construction firm Brookfield Multiplex has been appointed as the contractor by AMP Capital for the $600M Karrinyup Shopping Centre redevelopment in Perth, Western Australia.When completed, the project will offer space for large international and fashion retailers, food and entertainment venues and 150 housing units, in addition to the current retail offer.Karrinyup Shopping Centre is managed by AMP Capital Shopping Centres on behalf of its owner, UniSuper.AMP Capital shopping centres state development manager Scott Nugent said: “The redevelopment of Karrinyup will see the centre expand from 59,715sq m to 113,000sq m, and will surpass all other retail precincts previously delivered in Perth for its range of shops, lifestyle and entertainment options.”Brookfield Multiplex’s CEO John Flecker said: “We are excited to deliver the next phase of Karrinyup, which will reposition it to provide customers with an unprecedented retail and entertainment experience. AMP Capital has been investing in Western Australia since the late 1800s, and we look forward to investing further in the state.” The project will create 2,500 construction jobs and additional 2,500 jobs once completed.
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