NCC has bagged a SEK830M ($100.2M) contract from Fabege to build a new office building next to the Arenastaden city development project in Solna, Sweden.Covering an area of 40,000sq m, the seven-storey building will mainly accommodate ICA’s new headquarters. The building will comprise an underground parking garage with nearly 120 parking spaces. The project will feature large glazed facades and is set to comply with BREEAM-SE Excellent specifications. Preparatory groundwork on the project has already commenced, while construction of the actual building is set to start at the end of 2016. NCC Building Sweden head Henrik Landelius said: “Cooperation during the project engineering phase has been excellent and we look forward to carrying out this project together with Fabege. It is our first large-scale assignment for Fabege and we are using a collaboration form known as partnering. It is a form that we have used before for similar projects and our experience of it is extremely positive.”Fabege’s director of projects and development Klas Holmgren added: “We feel assured about how the initial preparations have been carried out and our impression of NCC’s staff is that they are highly competent and committed. Together, we have created a solid basis for a successful project and we are looking forward to the start of construction.”The project is expected to be complete in the end of 2018.
The European Investment Bank (EIB) has signed three loan agreements worth €400M in total to support urban transport, education, and a combined-heat-and-power plant in Finland.EIB has signed a €140M agreement with the City of Espoo, which will support the construction of four new pre-schools and day-care centres as well as three new comprehensive schools.The programme will also include the expansion of three school campuses and renovation of one comprehensive and one upper secondary school.The second agreement involves a €180M framework loan to fund the investment plan of the transport company of the City of Helsinki. The plan involves procurement of new tram, extension of existing tramlines, and upgrades to the network. A significant part of the funding will be used for the newly produced ARTIC trams.In addition, EIB has also offered a €75M loan to Finnish energy utility firm Lahti Energia to deploy a biomass-fired CHP plant.The new plant, to use 100% renewable fuel, will replace the old Kymijärvi I coal-fired power plant by 2019. It will have the capacity to reduce emissions by allowing recovery of condensation from fuel and recycling ashes back into forests as fertiliser.EIB’s vice-president for Finland operations Jan Vapaavuori said: “The agreements signed today are good examples of where the European Investment Bank can add value for local infrastructure, services and energy generation.“The Bank has continued to invest in Finland over the last few years and we are glad that Finnish citizens will soon be able to find that the EIB’s activities have concrete benefits for their daily lives.”
UK-based construction firm Crest Nicholson has secured approval to deliver the £100M Brightwells regeneration scheme in Farnham, Surrey.The mixed-use development will feature 239 homes — 167 private homes and 72 homes under the Shared Ownership project to be purchased by Thames Valley Housing.The development will include new shops, restaurants, leisure and community facilities, including a cinema. It will also involve the restoration of the Grade II listed Brightwells House.Crest Nicholson will deliver the project over the next three years, creating 400 jobs during the construction work.
Midlands-based developer St. Modwen has been selected as commercial development partner by Bovis Homes to deliver its £900M Stanton Cross project in Wellingborough, UK.The development will create up to 144,000sq m of commercial space on more than 100 acres at Stanton Cross, having outline permission for a mix of commercial uses including industrial and distribution, offices, retail and leisure.Stanton Cross will also see the construction of 3,650 homes, 379 of which will be built in the first phase of the project, which has received detailed planning approval in October 2015 and is scheduled to commence on site this year.Rupert Wood, regional director for the Northern Home Counties at St. Modwen, said: “It is a major project for our growing Northern Home Counties region and will provide a significant development pipeline in an area which is seeing economic growth.”The Stanton Cross project is expected to take 15 years to complete.
Glasgow University has filed an outline planning application to develop the former Western Infirmary site as part of a proposed £1bn investment in its West End campus.The plan includes the creation of a research and innovation centre and new facilities for social sciences, the Institute of Health and Wellbeing and the College of Science and Engineering.It will also feature a hotel, a restaurant, bars and cafes. Glasgow University’s principal and vice-chancellor Anton Muscatelli said: "We hope to use the new site as a catalyst to attract and grow the very best academics, to attract the very best students and to ensure that Glasgow continues to be one of the top universities in the world."The first major development will be a Learning and Teaching Hub — situated not on the former Western Infirmary site but on University Avenue. It will provide spaces for 3,000 students at any one time, as well as state-of-the-art facilities, and will allow us to use the latest techniques in pedagogy."The project is expected to create 2,500 jobs during the construction period.
Urban regeneration specialist Queensberry Real Estate has been selected by Sheffield City Council as the preferred bidder for the role of strategic development partner in the £480M Sheffield Retail Quarter project.The first phase of the project is expected to be complete in 2019 with further final phases being completed in 2021. The project is expected to create around 2,500 jobs in the region.Councillor Leigh Bramall, deputy leader of Sheffield City Council and cabinet member for business and economy, said: "We are delighted to announce Queensberry Real Estate as preferred bidder to become our Strategic Development Partner for Sheffield Retail Quarter.“This is a key milestone and a significant step forward in the delivery of the scheme, which will provide a transformational development in the heart of our city centre.”Queensberry’s CEO Paul Sargent said: “My team has been focused for the last 18 months on winning this major instruction. It is a dream come true. A scheme that meets the scale of our ambition and challenges our creative experiences to date.“We will work seamlessly with Sheffield City Council to deliver the long awaited regeneration of the city centre. Our joint plans will be cutting-edge and inspirational placing the city at the forefront of the next revolution in urban place making.”
Plans have been submitted to Salford City Council for the second phase of the mixed-use property development MediaCityUK in Manchester.Phase two of MediaCityUK will feature 50,000sq m of offices, 1,800 apartments, retail and leisure space and a pedestrian promenade, which will run through the development. Entailing an investment of over £1bn, this phase of the project will also involve the construction of up to ten new buildings.Salford’s planning panel is expected to consider the plans in September.Peel Group CEO Steven Underwood said: “This application is another major step forward in the evolution of MediaCityUK. “Our partnership with Legal and General Capital, alongside continued support from the public sector, provides a strong platform to deliver future development phases of the UK’s fastest growing hub for the creative and digital industries.“MediaCityUK is a shining example of what can be achieved across the Northern Powerhouse, combining the talents of great people with ambition and vision.”MediaCityUK is a joint venture between Peel Land & Property and Legal & General Capital.
Skanska will invest SEK1.3bn ($160M) in the construction of the Solna United office building project in Stockholm, Sweden. Skanska Sweden won the SEK1bn ($123.2M) construction contract,for the office building, which will be located next to Solna station. The building will have ten floors and a total area of 33,000 sq m.The project will also feature a garage, a restaurant, a café, and a rooftop space.Construction work has started and involves the demolition of the existing office building. Solna United is scheduled to be ready by mid-2019.
Developer Moda Living and Apache Capital Partners have submitted plans to the Liverpool City Council for the £80M residential development in Princes Dock.To be located on Liverpool’s waterfront, the 34-storey tower is part of Peel Group’s £5.5bn Liverpool Waters project.Apache Capital is fully financing the project, which will include 304 apartments for rent, a lounge, a gym, a roof, a terrace, a garden and a cinema.Moda Living’s joint managing director Tony Brooks said: “We have worked in collaboration with Peel on their masterplan for this unique part of the city and are very excited about our first Moda Living development in Liverpool.”Peel Group development director Lindsey Ashworth said: “Our vision for developing this important waterfront and creating unique neighbourhoods in this historical part of the city will make it an incredibly vibrant and exciting place to live and provide quality accommodation for a growing city.”
Finland-based construction firm SRV Group has secured a €290M contract for the construction of Central Finland Central Hospital.The new 100,000sq m hospital, worth about €490M, will be built near the existing central hospital. Most of the hospital premises will be taken up by specialised care, while some will be reserved for the City of Jyväskylä's basic health care.The hospital's expenses will be divided among the 21 municipalities that make up the Council of Central Finland Health Care District. SRV’s head of operations in Finland Juha Toimela said: "Central Finland Central Hospital will significantly increase our already record-high order backlog. "The final target price of the project management contractor agreement was confirmed at a meeting of the Administrative Council of the Central Finland Health Care District. This is a great example on how SRV could found reduction on costs in co-operation with the client in order to meet the target price set.”Preparatory works will start in early August and actual construction is set to commence in the beginning of September 2016.
The secretary of state has approved Jaguar Land Rover's (JLR) plans to develop a research and development centre at Whitley South, UK.
Sigma capital group has entered into a partnership with Keepmoat Limited to deliver 5,000 new private rented sector (PRS) homes across England by 2021.The partnership will build two-, three- and four-bedroom properties in locations across North East, Yorkshire and the East Midlands, entailing a potential investment of about £800M.Sigma will manage investment and lettings, while Keepmoat will procure the land and take the lead on the design, planning and building processes.Graham Barnet, chief executive of Sigma, said: “I am delighted to announce our partnership with Keepmoat, which has grown out of our previous relationship with them, and our continued expansion in the PRS sector. “We are very pleased that Keepmoat has chosen to work with Sigma in its first development activity in the PRS market, and believe that it underscores Sigma’s success in the PRS sector.”Keepmoat’s chief executive Dave Sheridan said: “This is a significant milestone for our business, and we are proud to be working alongside Sigma to scale-up their PRS growth ambitions.“The partnership will deliver great quality market rented homes alongside our Keepmoat homes for sale, which will allow the pace of housing delivery on strategic sites to be increased, to deliver the Government’s aspirations and provide people across the country with much-needed housing options. There is an inherent need for more housing across the country, and we are looking to tackle the issue head on.”
The University of Manchester has secured planning consent from Manchester City Council to develop a £350M engineering campus.The Manchester Engineering Campus Development (MECD), part of the university’s £1bn masterplan to create a world-leading campus, will bring together a multi-disciplinary engineering and scientific community and consolidate the university’s student campus around Oxford Road.Mecanoo, an architecture firm responsible for Manchester’s HOME, has been appointed to the project. Upon completion, the development is due to become home to the university’s four engineering schools and two research institutes from the Faculty of Engineering and Physical Sciences. Demolition on the site is currently in progress, and main construction works are scheduled to commence later in 2016. The development is scheduled to be completed in 2020.
Cheshire West and Chester Council has submitted a planning application to develop the Northgate area of Chester city centre as a mixed-use development.The £300M proposed project will include the construction of 46,500sq m of new retail, restaurant and leisure facilities in the UK city that will be delivered over two phases of construction.Phase one, expected to start in late 2017, will include the development of two restaurants within the shell of the current library building, a new market hall replacing the current Chester Market, a six-screen cinema, a new 167-bedroom four-star hotel and a conference centre. The hotel would replace the Crowne Plaza Hotel, which together with the Forum and several other buildings on the site would be knocked down in 2019. Work would then commence on the second phase of construction to create the main retail space, department store and residential development.David Lewis, managing director of Rivington Land, the council’s appointed development manager, said: “We are at a point where we have sufficient confidence in the commercial market prospects of the Northgate Scheme to advise the council to make this application for a major redevelopment of the city centre.“We have worked hard with the council and consultees to fine tune the detailed design of Chester Northgate to ensure the best possible fit with the city’s needs and the demands of retailers and other commercial interests.”
A joint venture between Murphy and Hochtief has been chosen as preferred contractor by Sirius Minerals to build the tunnel for the £2.4bn potash mine in North Yorkshire.The 37km underground tunnel, to be designed and built by the JV, will transport minerals from the mine to a processing plant on Teesside.This will involve a 6m-diameter TBM-bored tunnel between the mine head site at Dove’s Nest Farm near Whitby, and a portal near the town of Redcar.Designed by Arup, the plan is to use five hard rock TBMs, which will be lowered in at four intermediate staging shafts, at a starting depth of 350m below the surface at the mine head.The 12-month first phase of work will comprise front-end engineering design and a detailed geotech programme along the route.Chris Fraser, Sirius Minerals managing director and CEO, said: “This is the culmination of a huge amount of work by both the successful bidders and those that have been unsuccessful and we thank all of the groups involved for their efforts.“We are delighted to now be moving forward with our selected partners towards the implementation of the project.”AMC UK, a joint venture between Thyssen Group and Redpath Group, has been also selected as preferred contractor for mine site development.
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.”
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.”