Skanska, as part of LaGuardia Gateway Partners consortium, has reached financial closure and signed a lease agreement with the Port Authority of New York and New Jersey (PANYNJ) for LaGuardia Project in New York.With a lease term through 2050, the public private partnership (PPP) includes finance, design, construction, operation and maintenance of the LaGuardia Airport Central Terminal B.The design-build contract is valued at about SEK33bn ($4bn). Swedish company Skanska has a 70% stake in the contract, worth nearly $2.8bn.The deal also involves the construction work for supporting infrastructure and a new central entrance hall.Terminal B, opened in 1964, serves over 14m passengers per year. The new LaGuardia Central Terminal B, which will be constructed next to the existing terminal, has been designed to attain LEED Silver certification.Skanska’s CEO and president Johan Karlström said: “This is Skanska’s largest project ever. We are proud to invest in and lead construction of this project that will improve the quality of air travel for millions of people.“The LaGuardia Airport Central Terminal B project is a perfect example of how we, through Public Private Partnership, can expedite delivery of critical infrastructure, bringing together Skanska’s construction and investment capabilities. We have a strong position in the growing US market for PPP projects.”LaGuardia Gateway Partners includes Skanska Infrastructure Development, Vantage Airport Group and Meridiam as project sponsors and co-investors, with Vantage Airport Group managing operations.New facilities will start opening in 2018, with scheduled substantial completion in 2022.
Russian real estate development company LSR Group has begun construction on a new tram network in Krasnogvardeysky, St. Petersburg.The corresponding concession agreement was inked between the government of Saint Petersburg and Transportnaya Kontsessionnaya Kompaniya, a joint venture of LSR Group and Leader Investment Company. The overall project, including the upgrading of existing lines and the construction of a new tram network and its operation over the period of 30 years, is expected to cost RUB32.7bn ($488.6M).In particular, the construction and maintenance of the tram network will require an investment of RUB12.7bn ($189.7M).Construction work is expected to be complete in the fourth quarter of 2018.
The Los Angeles County Metropolitan Transportation Authority (Metro) has started construction on a $172M maintenance and administrative facility for light-rail vehicles serving the Crenshaw/LAX Transit Corridor Project and the Metro Green Line.The 11,000sq m facility, named ‘Southwest Yard’, is located near Los Angeles International Airport and will be constructed by a Hensel Phelps/Herzog joint venture.The project will feature a main shop, a washing facility, a cleaning platform, a material storage building and a wheel truing shop. It will also have the capacity to store 70 light rail vehicles, with the possibility of being expanded in the future.The building has been designed to achieve LEED Silver certification and will include sustainable features such as bicycle parking, designated parking for low-emitting, fuel-efficient and carpool/vanpool vehicles and electric vehicle charging.Metro’s CEO Phillip Washington said: "The 200 people to be employed here will be working in a state-of-the art facility designed to keep our new system in a state of good repair."
The British Film Institute (BFI) is seeking a development team to construct a new £130M film and TV centre on London’s South Bank.BFI has received an offer of support of up to £87M towards the overall project cost, subject to tendering starting immediately.The new International Centre for Film, TV and the Moving Image, to occupy a riverside position on London’s South Bank, will feature a gallery, three cinema screens and an education centre.Presently, BFI is working with landowners — the South Bank Centre, Braeburn Estates, Jubilee Gardens Trust and Lambeth Council — to ensure that the development will be sensitively designed to complement an expanded Jubilee Gardens.BFI’s CEO Amanda Nevill said: “British film and British filmmakers deserve a home now more than ever, a building that will express our optimism, our confidence and our excitement about Britain’s leading role in the future of film, television and the moving image at home and internationally. “It will be a place where filmmakers and audiences will come together to be inspired by our creative legacy and to be part of this most fast moving, dynamic and popular art-form.”As part of this development, Braeburn Estates will also create 6,500sq m of new green parkland on Jubilee Gardens, extending the current space between the London Eye and Hungerford Bridge.The project is expected to be complete in 2022.
Real estate investment company LXB Retail Properties has secured planning consent from the South Ayrshire Council for key elements of a new community development at Corton, UK.Corton is the first phase of the South East Ayr Development that will feature 2,700 new homes on a 450-acre site over 30 years. The development is set to be delivered in three phases: Corton, Alton and Cockhill.The Corton phase comprises 750 houses, a new primary school, a hotel, a neighbourhood centre, shops, a pub/restaurant, business units and community and leisure facilities.The approved plans include a Sainsbury’s supermarket, with associated car park and petrol filling station, and a new equestrian, pedestrian and cycle bridge over the A77, linking into a footpath network.The Corton development is expected to deliver a total new investment of about £184M in South Ayrshire.Sandra Carter from LXB said: “We are delighted that detailed consents for this initial phase have been granted facilitating the delivery of the new supermarket and site infrastructure.“It is anticipated that other elements of the development will soon be brought forward including a pub/restaurant, other neighbourhood business and amenity spaces together with the first phase of private and affordable housing.”
The ATAL-Degremont-China Harbour joint venture has secured a HKD$3.14bn ($404M) contract from Hong Kong’s Drainage Services Department for the first phase of the San Wai Sewage Treatment Works (STW) upgrade.The project will use the latest sedimentation technology, which is more efficient than conventional clarifiers and requires less space, saving almost 40% of the land. It will also deploy the BIM technology to visualise the plant’s design with 3D images.Drainage Services Department director Edwin Tong said: “The project comprises the design and construction of sewage treatment facilities with a daily treatment capacity of 200,000cb m to cater for the projected additional sewage flow due to development needs in the Northwest New Territories after 2020.“The works will also upgrade the treatment level of the STW to the chemically enhanced primary treatment level with ultraviolet disinfection facilities for reducing pollution loads to the northwestern waters.”Upon completion of construction works in 2020, the joint venture will undertake the operation, repair and maintenance of the STW for a contractual operation period of 15 years.
The Femern Link Contractors joint venture has won three conditional contracts for the Femernbelt transport link between Denmark and Germany.The contracts from the Danish government, which have a total value of €3.4bn, include the design and build of what is set to be the world’s longest immersed road and rail tunnel.One of the contracts covers the building of the portal structures, toll buildings, bridges and ramps, while the other two cover the construction of the immersed tunnel and the factory that will manufacture the precast tunnel elements.The tunnel will be 18km long and will connect Denmark’s Lolland Falster region with Germany’s Schleswig Holstein region, shortening the journey between both countries from one hour by ferry or a 160km detour by car to just ten minutes by car or seven minutes by train.The joint venture, which includes VINCI Construction Grands Projects, Per Aarsleff, Royal Bam Group, Solétanche-Bachy International, CFE and Max Bögl Stiftung & Co, is expected to start construction work in January 2018, subject to permits from the German Government.The link will take approximately eight and a half years to complete.
US-based automotive supplier Flex-N-Gate is set to construct a new $95M manufacturing facility in Detroit, Michigan.The new plant, to be built on a 30-acre site located on Detroit’s eastside in the I-94 Industrial Park, will supply parts to Ford Motor Company.The project has received two important approvals last week: the Michigan Strategic Fund board approved a $3.5M Business Development Program grant to incentivise the supplier to expand its Michigan operations, and the Economic Development Corporation of the City of Detroit (EDC) approved the sale of 30-acres in the industrial park to Flex-N-Gate.Flex-N-Gate owner Shahid Khan said: “Building a new plant from the ground up within the Detroit city limits will be a milestone moment for Flex-N-Gate, made possible thanks to our partnership and collaboration with Ford, the City of Detroit and the State of Michigan.”“Their collective support and vision to convert a neglected urban area into a manufacturing centre that will create hundreds of new, sustainable and well-paying jobs here in Detroit has been nothing short of spectacular. We are grateful and looking forward to seeing this project become a reality.”The project will create up to 650 new jobs in Detroit over the next three years, with the possibility of adding up to 750 total jobs at its full capacity.
The European Bank for Reconstruction and Development (EBRD) is providing a €294M loan to enhance natural gas storage and distribution in Kazakhstan.EBRD will provide €242M to Intergas Central Asia to enhance the gas storage to its full capacity of four billion cubic metres (bcm) from the current limit of 2.6bcm, and €52M to KazTransGas-Aimak for the expansion and modernisation of the natural gas distribution network in several regions of Kazakhstan. The improvement will allow the utility to connect new households and industrial customers to gas supplies, while reducing the current dependency on coal-generated electricity.EBRD’s president Sir Suma Chakrabarti said: “We have worked consistently with Kazakhstan on projects which develop the green economy. “Few approaches create such immediate progress as a switch to cleaner sources of energy. Gas is much cleaner than coal and helps to complement renewable energy.“We are very pleased to start our cooperation with KazTransGas and to continue our enhanced partnership with Kazakhstan with these two major steps towards a sustainable future.”
Dragages Singapore has secured a €100M contract for the construction of two condominium complexes in Singapore.The contract has been awarded by United Venture Development, a joint venture between UOL Venture Investments and Singland Homes.Designed by ADDP Architects, the project will include two 40-storey towers, 505 apartments and a total floor area of about 46,000sq m. Both towers will measure 140m in height.Dragages Singapore, a subsidiary of Bouygues Construction, will utilise a modular construction technique based on a reinforced concrete structure, which will enable the condominiums to meet the Singapore authorities’ stipulation that 65% of the towers’ superstructure must employ PPVC — Prefabricated Prefinished Volumetric Construction.Nicolas Borit, Bouygues Bâtiment International deputy CEO in charge of Asia-Pacific, said: “We are very proud that our customer, United Venture Development, has shown confidence in us and given us the opportunity to support them in carrying out this project in Singapore. “The experience in this market acquired by Dragages and the construction system chosen were decisive factors in winning this contract.”Construction work on the project is set to commence shortly and will last for three years, with handover scheduled for the end of the first half of 2019.
Infrastructure firm RCR Tomlinson has won two construction contracts with a combined value of $108M in Australia.RCR has been awarded a $73M contract by MMG Limited (MMG) for the construction of a processing plant at MMG’s Dugald River project.Under the contact, RCR will be responsible for project management, fabrication and supply of various structural steel, mechanical and E&I components, and the construction and commissioning support for a zinc and lead concentrator and associated plant.Construction work on the project is set to commence immediately, subject to MMG finalising financing arrangements, and the plant is expected to be complete in October 2017. MMG is responsible for the plant design and the supply of the key processing equipment.Meanwhile, Rio Tinto awarded RCR a $35M contract for the construction and commissioning of Rio Tinto’s Cape Lambert Power Station.The scope of work includes overall project management, construction and commissioning of an 80MWe open cycle power plant at Rio Tinto’s Cape Lambert iron ore operation in Western Australia. Rio Tinto will be responsible for the design and procurement of major equipment items for the power station. Work will begin immediately and the power plant is set to be complete in October 2017.RCR’s managing director and CEO Paul Dalgleish said: “The project for MMG builds on our position as a leader in the construction of major minerals processing plants. We are looking forward to working together with MMG and the local community to successfully deliver these construction works.“The Cape Lambert project is the first win of an improving pipeline of opportunities that we are seeing in the power generation sector. We are currently preferred on a number of other large power projects including gas and solar power stations that are under negotiation. We are pleased to continue our valued relationship with Rio Tinto through this project.”
Turkey-based Limak Construction has secured a contract from the Kuwait's Ministry of Public Works to build the new terminal at Kuwait International Airport (KIA).The company has submitted the lowest bid of $4.34bn to carry out the construction work on the new terminal. The contract includes the provision of maintenance for an additional two years.Upon completion, the new passenger terminal will have the capacity to handle 25M passengers annually and accommodate all aircraft types through 51 gates and stands. The project, designed by Fosters + Partners, will feature the latest technology and will be able to generate 12MW of solar power through 66,000 panels, to be installed on the terminal’s roof. Limak Group vice chairman Sezai Bacaksiz said: “The project is more than an airport, it is a link between the two countries; Kuwait and Turkey, between two economies, between two societies.“As a result of this link, new technologies will be introduced and transferred, new jobs will be created locally, planned local procurement will be in the hundreds of millions of dollars, local businesses will flourish, all while we train and equip Kuwaiti men and women of the future through the various education and empowerment initiatives that we have planned for Kuwait over the next six years and beyond.”The new terminal, aiming to achieve LEED Gold certification, is scheduled to be complete in six years.
After the tunnel’s first blast in the main shaft 17 years ago, the Gotthard base tunnel in Switzerland opens today. To celebrate the completion of the world’s longest rail tunnel, the country is holding an opening ceremony.1,200 guests have been invited for the festivities that are expected to cost €8M. German chancellor Angela Merkel, French president François Hollande and Italian prime minister Matteo Renzi are among the guests of honour at the ceremony. At the weekend, additional opening events are expected to attract 50,000-100,000 visitors.The longest tunnel — named after the patron saint of travelling merchants, St Gotthard— runs through the Alps, between Erstfeld, Uri, and Bodio, Ticiano. Trains using the €11bn rail tunnel won’t go into service until 11 December 2016, when it will be fully operational. Until then, test runs will be conducted at the rail line.When fully operational, 260 freight trains and 65 passenger trains will travel through the two-way tunnel each day, reducing the journey times between Zurich and Milan from more than four hours to just two-and-a-half hours. Travel through the tunnel itself will take just 20 minutes, with a stop at the control station of Sedrun.Gotthard has overtaken the 53.9km Seikan Tunnel in northern Japan as the longest rail tunnel in the world, demoting the 50.5km Channel Tunnel between Britain and France to third place.The Gotthard base tunnel in numbers: • Start of construction works: 1999• Length: 57.09km• Total length of tunnels: 151.84km• Diameter of rail tunnels: 8.5m• Highest elevation: 549m• Depth: 2,300m• Mountain rock excavated: 28.2M tonnes• Concrete used: 131,000cu m• Workforce: up to 2,600• Maximum train speed: up to 250kph• Cost: €11bn
Mott MacDonald and Sweco have won a £50M contract from Transport Scotland for the A96 Dualling road project in the UK.Under the contract, the joint venture will carry out route option assessment and detailed design work for the dualling of the 29-mile western section of the A96 between Auldearn and Fochabers next month.New Minister for Transport & Islands Humza Yousaf said: “This major design contract marks a further milestone towards the dualling of the A96 with all the investment and improvements that it will bring to local economies right across the north of Scotland.“Road users will not only enjoy the benefits of improved journey time and reliability, better connectivity between destinations but also, crucially, improved road safety for all those who use this key artery connecting two of Scotland’s economic hubs.“In addition, this contract will also provide a huge boost for the local and national economy, with the successful bidder securing steady work for years to come and many more opportunities for small and medium enterprises through subcontracted work.“We also remain on track to finalise the preferred option for the A96 Dualling Inverness to Nairn (including Nairn Bypass) scheme, with draft Orders due to be published later this year.“Along with our ambitious plans to build over 80 miles of new dualled road on the A9 between Perth and Inverness, delivering the new £1.3 billion Queensferry Crossing over the Forth, and the £500M M8-M73-M74 improvements in Glasgow, this contract is yet another example of the significant investment the Scottish Government is making in transport infrastructure right across Scotland.”The A96 dualling is part of the Scotland’s trunk road upgrade project between Inverness and Aberdeen, to be finished by 2030.
Dubai’s Roads and Transport Authority (RTA) has awarded an AED703M ($191.3M) contract for phases 4 and 5 of the Dubai Water Canal Project.Phase 4, which will cost about AED307M ($83.5M), is part of infrastructural works for property development on both sides of the canal, including roads and utility lines.Estimated to cost AED396M ($107.8M), phase 5 will link the Business Bay Canal with the Dubai Water Canal and terminate at the Arabian Gulf.The canal stretches 3.2km from the Business Bay Canal up to the Arabian Gulf via the Sheikh Zayed Road, Al Wasl Road and Jumeirah Road.The scope of the work will include the construction of quay walls using precast concrete slabs along the stretch of the canal, the completing and diverting of utility lines and key services, and the removal of impacted services.It will also include the treatment of hyper-saline water from the Business Bay Lakes, the removal of sand barriers in the course of the canal, and the construction of three marine transport stations.RTA’s director-general and chairman Mattar Al Tayer said: “Projects to be constructed on the waterfront will be served by modern water transport means, and result in improved quality of water in the Dubai Creek.”Both phases of the project are expected to be complete by the end of September.
Muse Developments, in collaboration with Network Rail, has submitted a planning application for a £185M mixed-use project in Manchester city centre.The proposed project will be located on a 2.5-acre site on Corporation Street, which is currently a surface-level car park, and will include three new buildings; a 13,900sq m, Grade A, eight-storey office and two residential buildings.The 20- and 25-storey residential buildings, part of Network Rail’s commitment to unlock publically-owned land to build new homes, will contain up to 520 one-, two- and three-bedroom apartments. The development will also include a gym, 24-hour concierge, communal residents’ lounge, cycle storage and a roof garden. Muse Developments’ director David Burkinshaw said: “This is an exciting time for this area of Manchester as a number of key developments are now coming to fruition.“New Victoria presents a unique opportunity to deliver a landmark development next to the city centre’s prime leisure and retail attractions and one of the North West’s main transport hubs. New Victoria offers an unparalleled location and an outstanding development opportunity.”Muse is working with architect Sheppard Robson and Arup on detailed design proposals for the project.
The Royal Borough of Kingston upon Thames has given the go-ahead for a £400M project to redevelop the Eden Walk Shopping Centre in London.The plans, submitted by British Land and the Universities Superannuation Scheme (USS), include 380 homes, office space, a new shopping centre, a cinema, public car parking, the creation of public spaces and the remodelling of memorial gardens.Councillor David Cunningham, cabinet member responsible for regeneration at Kingston Council, said: “This development is a major boost for Kingston and its future prospects. Attracting over £400M of investment into our town centre marks a significant vote of confidence in the future direction of our borough and provides a regenerated new shopping centre as well as much needed housing. “We will be working hard with the developer over the coming months to ensure they continue the very good work they have done on engaging with Kingston residents as they seek to build this scheme.”
UK-based Balfour Beatty is set to commence construction work on 14 primary care centres across Ireland.The €140M project has achieved financial close and is being delivered by a consortium, which includes Prime, Balfour Beatty and InfraRed Capital Partners Limited.The new centres, to be built over a 27-month programme, will be located in Galway, Kildare, Limerick, Mayo, Roscommon, Sligo, Waterford, Tipperary and Wexford.Balfour Beatty bid director Tzvetelina Bogoina said: "Balfour Beatty is a trusted partner in the healthcare sector having delivered over £2bn worth of hospitals and care centres over the past decade."We look forward to handing over the primary care centres which will make a positive difference to local communities in terms of health outcomes as well as added social value outcomes in the creation of local employment and local supply chain opportunities and student placements and taster days throughout the construction phase.”
The opening of the world’s longest rail tunnel is set to take place as planned on 1 June 2016.The CHF12.2bn ($12.3bn) Gotthard base tunnel, which measures 57km in length, runs under the Swiss Alps and is designed to reduce travel times across Europe. Construction of the tunnel started in 1999, 17 years ago, and since then 28.2m tonnes of mountain rock has been excavated during the tunneling works. Trains will be able to travel in the tunnel at speeds of up to 250km per hour, reducing the journey times between Zurich and Milan from more than four hours to just two-and-a-half hours.
Barratt is partnering with Segro to develop Enfield Council’s £3.5bn Meridian Water redevelopment in Enfield, UK.The project includes the construction of 10,000 homes, a new water station and a full range of neighbourhood facilities.The Meridian Water site has already been given the housing zone status, allowing the development team to provide new housing in less time.Barratt London will lead the residential portion of the development, while Segro will create the urban logistics and industrial space.Segro's business unit director for Greater London Alan Holland said: “Being selected as the development partners with Barratt London for the regeneration of Meridian Water is great news.“We have a longstanding relationship with the borough with a number of industrial schemes already up and running, bringing real jobs to Enfield and the wider region.“We have a proven track record in delivering successful places for business to thrive, creating employment opportunities and helping attract inward investment to the area helping to create a sustainable community alongside the residential offering.”