Construction work is set to start next month on a £800m new community development in Aberdeen after the UK government pledged £86m in funding for the project.The project, which received in principle planning approval from Aberdeen City Council in October 2014, will be built by Stewart Milne Group over 15 years. Work will involve the construction of new housing, schools, healthcare and parks at the Countesswells site. Mobilisation and compound facilities will commence this month, with infrastructure works expected to begin in April. The first homes are expected to be available later in 2016. The project is anticipated to create 1,000 construction jobs.Stewart Milne group managing director homes John Slater said: “Countesswells is an important project that will deliver a vibrant new community for Aberdeen that will include three new schools, medical facilities, leisure, retail, commercial & business accommodation and a wide range of homes, from first time buyer apartments and young family homes to townhouses and executive villas, all contributing to Aberdeen’s attractiveness as a place in which to live and work.”
Birmingham City Council has revealed details of the £500m Birmingham Smithfield redevelopment project.Spanning 14 hectares, the development will include over 300,000 sq m of commercial floor space, as well as 2,000 new homes in a mix of two-, three- and four-bed apartments.The project will also feature new squares, parks and gardens, retail markets, leisure facilities, cafes, independent shops, restaurants and hotels, buildings for cultural events, and pedestrian boulevards. It is expected to create 3,000 jobs in the region.Birmingham City Council chief executive Mark Rogers said: “Birmingham Smithfield will have a transformational impact that capitalises on the area’s unique heritage and focus for markets.“It will radically enhance the city’s retail, visitor and residential offer, as well as unlocking the growth potential of a much wider area.”
Developer Ballymore has received funding from British property investor M&G Real Estate for the construction of the £200m Three Snowhill development in Birmingham, UK.The office development, which will cover an area of 420,000 sq ft, is due to be the largest ever speculative city centre office project built outside London.The property will feature 385,000 sq ft of office space, 35,000 sq ft of retail and leisure space, accommodating nearly 4,000 workers.BAM Construction was appointed as preferred contractor for the project in June 2015. The project is expected to be completed at the end of 2018.Ballymore CEO Sean Mulryan said: “Ballymore is delighted to announce a start on the third and final phase of our Snowhill scheme. “Working with the city, our funding partner, M&G Real Estate, and our main contractor, BAM, we will deliver a landmark building and the final element of what is one of the largest and most prestigious commercial developments in central Birmingham.”
Ground has been broken on the first phase of the £400m Kirkstall Forge mixed-use project in Leeds, UK.Located on 57 acres, the development will include 1,050 new homes, 300,000 sq ft of office space, as well as 100,000 sq ft of retail, leisure and community space. Wates will serve as the project’s principal contractor. Phase one of the project will involve the creation of a Grade A office building, covering an area of 110,000 sq ft. The seven-storey building is expected to be ready for occupation in the third quarter of 2017.With the ground breaking, Zenith, a leasing, fleet management and vehicle outsourcing business, has signed a pre-let agreement to occupy a new flagship headquarter office building at the development. Under the deal, the company will occupy over 45,000 sq ft net over the three upper stories that include a roof level meeting room suite.In addition, developer CEG has announced plans to relocate its northern office to the new development. The developer will occupy nearly 10,000 sq ft on the ground floor, with the remaining ground floor and three remaining floors of 18,500 sq ft each to be made available to the market.CEG director Jon Kenny said: “Kirkstall Forge is unique, it will deliver fresh, sustainable new ways of living and working amongst acres of green space in a wooded riverside setting. With schools, contemporary housing, restaurants, cafés and light-filled offices, it will provide the vibrancy of city life as well as the tranquillity of the outdoors.“Ultimately, this will not only be an ambitious and innovative development for Leeds, but will establish a new benchmark for office developments across the rest of the UK.”
Henry Boot Construction, a UK-based construction firm, has been selected as the main contractor by the Barnsley council for the Better Barnsley town centre redevelopment project.
Manchester City Council has given the green light to a £1bn transformation programme for Manchester Airport.
Bharat Heavy Electricals (BHEL) has won a contract to build a main plant package for the 2x800MW Uppur Supercritical Thermal Power Project (TPP) in Ramanathapuram district of Tamil Nadu, India.
South Korean steelmaker POSCO has signed an agreement with Iranian steelmaker Pars Kohan Diar Parsian Steel (PKP) to build a $1.6bn steel mill in southeastern Iran.
Developer Hammerson has announced that work on the £1bn Whitgift shopping center redevelopment project in Croydon, London is now pushed back to 2017.
Essential Living has received the go-ahead from the Secretary of State to build its Theatre Square development at Swiss Cottage in west London.
McAleer & Rushe has secured approval for its new student accommodation project on the site of a former Metropolitan College building on McClintock Street/Blackstaff Square, Belfast.
Developer Hammerson has announced that work on the £1bn Whitgift shopping centre redevelopment project in Croydon, London is now pushed back to 2017.
Northern Ireland-based developer McAleer & Rushe has signed a £70m ($101m) contract with Queen’s University Belfast to develop student housing on two of its city centre sites in Belfast.
Ardmore has secured an £80m ($115.3m) contract from Notting Hill Housing and Sellar Developments for phase one of Project Light at Canada Water in Southwark, UK.
Construction Partnership UK (CPUK) has started work on the first phase of the £107m Bridge Street Regeneration Project in Warrington, UK.
CLS Holdings has received approval from Lambeth Council Planning Committee for the revised £400m Vauxhall Square mixed-use project in London.