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UK-based regeneration specialist St. Modwen Properties has begun construction on the £150M regeneration scheme on Great Homer Street in Liverpool, UK.
Drum Property Group has submitted plans to the City of Aberdeen Council for a new £100M retail park in Aberdeen, Scotland.
Developer British Land and Singapore-based sovereign wealth fund GIC have secured planning consent for the construction of a new office tower in London, UK.
Development partners U+I and Rioja Developments have secured planning consent for the development of a £110M outlet-shopping destination in Cannock, UK.
Muse Developments in collaboration with Network Rail has secured planning approval from Manchester City Council’s planning committee for the construction of a £185M mixed-use project in Manchester, UK.
Plans for the third building at the Arena Central development have been submitted to Birmingham City Council.
Cheshire West and Chester Council has given the go-ahead to a £300M retail-led, mixed-use project in the Northgate area of Chester, UK.
Mixed-use property regeneration specialist U+I has been selected by the Mayfield Partnership to develop a £800M urban regeneration project in Manchester, UK.
A joint venture between Moda Living and Apache Capital Partners has unveiled plans for a £145M apartment tower in Birmingham, UK.
Developers Great Western Developments and Sellar Paddington have submitted revised plans for the £775M Paddington Quarter project in West London.
NT Killingley Ltd has started site enabling works for phase one of the £75M Basin Square project in the UK.The Basin Square project — part of the £320M Chesterfield Waterside scheme — will involve the construction of a hotel, retail units, apartments, a multi-storey car park and offices. The earthwork and landscaping contractor is using its cutting-edge modelling capabilities and GPS controlled excavators and bulldozers to rework the site levels. Peter Swallow, managing director at the project’s developer Bolsterstone Plc, said: “I am delighted that the development is making progress. This is a significant step forward for Chesterfield Waterside, which will allow us to move into the construction phase next year. “Once preparation works are complete and the infrastructure is in place, it will facilitate delivery of development on both Basin Square and The Park, enabling us to progress with the second phase of detailed planning applications for the buildings themselves shortly afterwards.”The works follow the £2.7M Sheffield City Region Infrastructure Fund (SCRIF) grant award earlier this year. A planning application has also been submitted to Chesterfield Borough Council for illustrative proposals, indicating the height and massing for the buildings to be constructed in Basin Square.The project, once completed, is expected to create 300 jobs. Additional progress on the scheme includes the planning permission award to replace the road bridge over the river Rother on the former Laver timber yard site — to serve The Park residential development — and the submission of a planning application for the works required to re-open a stretch of the Chesterfield canal.The first phase of the residential housing at Chesterfield Waterside — comprising 19 new homes — was completed in 2015, with the proprieties now fully occupied.
Salford City Council has approved the second phase of the MediaCityUK expansion project in Manchester, UK.Phase two of the £1bn project will include the construction of ten new buildings. It will feature 50,000sq m of business accommodation, over 4,000sq m of live/work units, 1,871 residential units including town houses, over 4,000sq m of retail and leisure space and over 1,800 car parking spaces. Salford City mayor Paul Dennett said: “Back in 2006, Salford City Council granted planning permission for 15.1 hectares of development. Phase one has successfully been completed and now we are moving towards the second phase, which will see MediaCityUK double in size.“This phase will focus on creating welcoming neighbourhoods where people can live and work, socialise and enjoy events. It’s a very exciting development for Salford.“With the University of Salford, Salford City College and the UTC now all based in MediaCityUK and training young people for the media and creative industries, we’re not only growing the buildings, we’re growing the people to work in them and the global digital media and communications industry.“This is all part of a major building boom in Salford which is bringing thousands of new homes and square metres of business accommodation to our city creating further jobs and opportunities on our doorstep for the people of Salford.” MediaCityUK managing director Stephen Wild said: “Phase two will provide a unique opportunity for a new generation of designs to complement what is already a thriving and vibrant destination.“Like any city, we continue to grow in line with the needs of businesses, and our ambition to create more exciting experiences for visitors and residents. The plans approved today show the huge potential for the MediaCityUK of 2026.” Phase one of the development — now complete — provides office and studio space for the BBC and accommodation for the University of Salford and ITV.
Property investor Formal Investments has unveiled plans for a new £75M redevelopment in Glasgow, Scotland.Plans include the construction of a new 12-storey block on Bath Street to include 12,000sq m of office space, the remodelling of a second building that previously housed retailer BHS, and upgrades to a third building on Sauchiehall Street. The properties were acquired by Formal Investments last year.Formal Investments’ director Nicholas King said: “This proposal shows a really exciting vision for an important site in Glasgow city centre and will provide the highest quality environments for retailers and businesses large and small.”The project has been designed by Glasgow practice Stallan-Brand.Stallan-Brand associate Patrick Wilson said: “Formal Investment’s proposed redevelopment presents a unique opportunity to revitalise and transform the quality of the urban environment and public realm in this location, through the creation of new public spaces and improved and more appropriate mixed-use activity.”
Australian construction firm Lendlease has secured an AED960M ($261.3M) contract from Dubai-based developer Damac to build the Aykon London One tower at Nine Elms, London.The development will feature 450 new homes, office and retail space, and amenity space across two interlinking towers.It will also include a roof garden, a children’s play area, an indoor swimming pool, a jacuzzi, advanced gymnasium, a residents’ lounge, and 922sq m of communal gardens. The entire project is estimated to cost AED3.1bn.Damac Group chairman Hussain Sajwani said: “Aykon London One is a landmark project and our first major international development outside of the Middle East. “We have great confidence in the London marketplace and this project is already proving to be highly desirable to customers and investors from within the UK as well as other parts of the world.”Lendlease Europe managing director of construction Neil Martin said: “We are excited that Damac Group has chosen Lendlease to deliver its flagship project in the UK.“Our strategy of taking a selective approach to bidding is paying off, and is allowing us to focus on prestigious projects such as this one. We are looking forward to building a strong relationship with the Damac team.”The 50-storey scheme has been designed by Kohn Pedersen Fox Associates, with interiors done by Versace Home.
Plans for the £500m Edinburgh Marina development at Granton, a district of the Scottish capital city, have secured the go-ahead from the City of Edinburgh Council’s development management committee.
Hong Kong-based property developer Far East Consortium International (FEC) has received a contract from Manchester Place and The Co-op for a housing development near Victoria Station in Manchester, UK. The project will include the construction of over 600 homes across four sites at Angel Meadow Park as part of the NOMA neighbourhood.NOMA — being delivered by a partnership between The Co-Operative Group and Hermes Investment Management — is a 20-acre neighbourhood in Manchester city centre, which will include new homes, offices, hotels, and retail and leisure space. The housing units, spanning across a total area of about 9,600sq m, will be for sale and rent, and will feature a landmark tower.FEC’s managing director Chris Hoong said: "This is one of the most exciting residential opportunities not just in Manchester but in the UK. We are very honoured and excited to be working with NOMA and the City Council. “We have assembled a team with the skills to deliver a new neighbourhood of international calibre and we would like this to be the start of a long relationship with the city.”Manchester Place CEO Paul Beardmore said: "This is an important site that will help to unlock the potential of the Irk Valley and Collyhurst. We are delighted to have reached this stage and the scale of the investment conveys a strong message of confidence to the market."
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.
Specialist regeneration and development firm Urbo has submitted plans for a £175M mixed-use development project at West Bar, Sheffield.The West Bar Square project comprises 10 buildings, each with self-contained parking.The scheme, fronting Sheffield’s inner relief road, will create up to 130,000sq m of space, most of which will be office space.The application also includes plans for apartments blocks, a four-star hotel, restaurants, retail units and public spaces.The project presents a significant step forward in the regeneration of Sheffield’s Riverside Business District, which already contains major employers such as the Home Office and lawyers Irwin Mitchell.Peter Swallow, Urbo’s managing director, said: “We’re delighted to move West Bar Square to the next level. It is a very significant development for the city and will create a premier business district to attract major employers.“There has also been strong interest in private rented sector apartments with many investment funds eager to house people in a purpose-built environment.”Site assembly and clearance is already underway to enable the earliest possible start on site, subject to planning approval.
Carillion has secured a contract to build the first building of Birmingham’s transformational Paradise Scheme.The UK-based company is the phase one enabling and infrastructure contractor for the £500M mixed-use project, and has now been named as the contractor for the seven-storey contemporary building. The 16,000sq m ‘One Chamberlain Square’ will include a roof terrace on the sixth floor and restaurants and retail units on the ground level. Simon Dingle, Carillion’s operations director, said: “Paradise is a crucial project for the city and Carillion is very proud to be playing such a major role in its delivery. “We are looking forward to completing the enabling works on the site and being able to bring our considerable experience to construct One Chamberlain Square.”The Paradise scheme will involve the development of commercial, civic, retail, leisure and hotel space, as well as improving pedestrian access and enhancing public realm.The project is being developed through Paradise Circus Limited Partnership (PCLP) — a private-public joint venture with Birmingham City Council.
Finnish construction company YIT has announced that the Mall of Tripla project in Helsinki secured a €300M financial package.The financial package will be provided by a group of banks, including the European Investment Bank (EIB), the Nordic Investment Bank (NIB), Danske Bank and Handelsbanken.The €600M shopping mall is set to become the largest shopping centre in Finland in terms of the number of retail spaces.It will have 85,000sq m of leasable floor area for a total of 250 tenants, and a car park with 2,300 spaces. The development will feature new solutions for recycling, water treatment and waste processing, allowing the constructors to apply for a Platinum-level LEED certification. The project is expected to be completed in late 2019.
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