Braeburn Estates, a joint venture between Canary Wharf Group and Qatari Diar Real Estate Investment Company, has broken ground on the £1bn Southbank Place mixed-use development at London's Shell Centre tower site.The Shell Tower will anchor the development that will feature five residential buildings and two buildings for business use.Canary Wharf Group said that 80% of the apartments, equating to 800 units, in five buildings are already sold. The two business buildings will total up to 530,000sq ft. Southbank Place will also house 48,000sq ft of retail outlets, restaurants and cafés.The project is expected to create over 13,000 construction and supply chain jobs in total and when completed, Southbank Place is expected to employ over 6,000 workers.Canary Wharf Group CEO Sir George Iacobescu said: "This is an area that has long been neglected, but will offer the best of all worlds, from the bustling culture of the South Bank to some spectacular views of the most recognised landmarks in the Capital, the Houses of Parliament and Big Ben."Southbank Place is also playing a major role in the development of the local community by creating new jobs, providing affordable housing and stimulating the growth of local businesses through our South London Procurement Network initiative."Construction work is slated to be complete by 2019.
Construction has started on phase one of the £107m Warrington Time Square regeneration project that will transform the centre of the UK town into a contemporary marketplace. The development will house a Cineworld Cinema, a new 42,000sq ft market hall, restaurants, retail units, new council offices, a 1,100-space multi-storey car park and a new public square. The new 25,000sq ft retail shell will temporarily house the town's market while the £10m market hall is built.During the construction phase, about 400 workers will be employed and when completed, Warrington's Time Square regeneration project will create 400 new permanent jobs in the leisure, retail and hospitality sectors.Steve Green, director for the North West region at Gleeds, which is providing cost management services to the project, said: "We are really excited to see work begin on the Time Square development and believe the project is pivotal in regenerating and revitalising Warrington town centre."Not only will Time Square create hundreds of jobs for the community and help boost the local economy, it also will help attract inward investment to the region."The project, undertaken by Muse Developments and Warrington & Co. on behalf of Warrington Borough Council, is expected to be completed in 2019.
UK-based property developer Nikal has received planning approval to build a £100m 603-unit residential project in Birmingham, UK. The development, known as Exchange Square, will be located between Birmingham's central business district and Eastside City Park, close to the proposed HS2 railway terminal in Birmingham City Centre.Designed by Stephenson Studio, the development will feature a range of one- and two-bedroom units alongside a small number of studios, and will be built across three blocks of 27, 16 and nine levels.It will also include 27,500sq ft of ground floor retail and leisure space; 186 car parking slots; a 5,000sq ft members' club-style hub and a landscaped rooftop garden covering over 20,000sq ft.Nikal’s managing director Nick Payne said: "Exchange Square is a development of both regional and national importance due to its location within a major area of investment and regeneration right next door to the proposed HS2 terminal."Now that planning consent has been secured we are in a position to bring forward the first phase of what we are sure will be an exemplar scheme for Birmingham's residential market."Construction work is expected to begin in mid-2016, with completion of the first block scheduled in 2018 and the final block before the end of 2019.
European Investment Bank (EIB) has approved a loan worth £280m to the University College of London (UCL) for the development of its Bloomsbury and UCL East campuses.UCL is investing £1.25bn over 10 years to implement its Transforming UCL programme, which includes the development of two campuses as well as other projects across London.The 30-year loan follows the investment of £25m in January in the new UCL Technology Fund by the European Investment Fund, part of the EIB group.The project in Bloomsbury is worth about £740m and will include the refurbishment and expansion of Bartlett School of Architecture, which will house nearly 1,000 staff and students. Construction of a new student centre is also set to start this year.The loan will also finance the construction of UCL East university's new campus at the Queen Elizabeth Olympic Park in east London.UCL East’s first phase is due to be finished during the 2019/20 academic year.EIB’s vice president Jonathan Taylor said: "This new £280m 30-year loan represents the largest ever EIB backing for investment at a European University, and reflects the EIB's commitment to strengthen the local and global role of leading universities."
North Point Global has begun construction work on a £200m project to transform Liverpool’s Chinatown. Designed by BLOK Architecture, the project to revamp Europe’s oldest Chinese community will include the creation of 850 new homes, 150,000 sq ft of new commercial and retail space, and a new hotel.The commercial and retail space will house China-based businesses, and a significant number of units have already been bought by Chinese businesses seeking a foothold in the UK.North Point global chairman David Choules said: "From the outset we wanted this scheme to be an authentic Chinese development that brought new commercial energy and entrepreneurialism into the heart of an historic Chinatown."This is not only something unique in the UK, it will be something unique outside China itself."Phase 1 of the Chinatown’s transformation will be built by BILT Group and Scottish Power and is expected to be complete before the end of 2017, while the entire project is slated to be complete in 2019.
UK-based student accommodation developer Unite Students has purchased a development site in Liverpool that has planning permission for 713 student bedrooms. The site is in a prime city centre location next to Unite’s Grand Central property and is in close proximity to the University of Liverpool and Liverpool John Moores University.The facility is anticipated to offer a home for more than 1,000 students.The total cost of the development, including the land, is expected to be about £70m.Unite Students managing director of property Richard Simpson said: “We are delighted to have acquired this site in Liverpool for delivery in 2019 to add to our existing portfolio in the city.“We will continue our progress on our secured pipeline in regional locations with strong student markets.”The new development is set to be ready in time for the 2019/20 academic year.
Construction firm Morgan Sindall has commenced construction work on a £70m project to transform Lambeth’s Town Hall and civic buildings in the UK. Morgan Sindall’s scope of the work will include the refurbishment of the Grade II listed Brixton Town Hall to create a more open and accessible building for residents and local businesses.The project also involves the demolition of some buildings to the rear, reinstatement of the original atrium with a new roof, and the installation of new lifts, doors and windows.Further, it will include basement modifications to offer new office space and upgraded community facilities.In addition, a new energy efficient civic facility is being built with a customer centre and council offices. The new six-storey building will offer 11,000 sq ft of office space.Morgan Sindall is also improving Buckner Road and Porden Road to ease traffic congestion.The work on the project is set to be completed in 2018.
FC Barcelona has released a mock-up of the new-look Camp Nou Football Stadium , which is expected to cost over €620m ($700m).
UK based housebuilding company Keepmoat has announced that the housing development Mandale Park in Stockton is nearing completion after 11 years.In 2004, the Mandale Estate compromised 578 homes, half of which were unoccupied, as well as three retail units and a community centre. Stockton Council, Barratt Homes, ISOS Housing and Keepmoat Homes entered into an agreement to transform the area building 891 new homes, 641 of which were to buy and 250 available for rent.The project, which entailed an investment of £120m, also includes the £1m Allison Trainer park, named in honour of the councillor who played a pivotal role in bringing the investment to the area.Keepmoat North East regional managing director Richard Bass said that prior to the redevelopment properties on the estate were sold for an average of £13,500 and that now new homes on the estate are reaching prices over £150,000. Keepmoat has built 445 new dwellings as part of the £90m regeneration scheme.Construction of the 333 Barratt Homes created 945 jobs, 95% of which were filled by local people from within a 10-mile radius of Thornaby.Barratt Homes North East managing director Mike Roberts said: "In 2004, the Mandale Estate was in a dire state of repair, with almost half of the 578 units of residential accommodation in the area unoccupied."Since then however, it has been amazing to see the regeneration of not only the estate, but of the area as a whole, not to mention the annual benefit to the local economy of £1m in council tax and over £6m in spend in local shops."Now out of the 333 properties we have built, there are only two left to purchase, and there is now a fantastic community of happy homebuyers on the site. We are really proud of what we have managed to achieve and the positive impact this has had on the area."
Biopharmaceutical company Shire has unveiled plans to expand its global biotechnology manufacturing capacity by investing $400m in Ireland.The investment is planned to take place over the next four years to meet the growing demand for rare disease treatments.Shire will create a new biologics manufacturing campus on a 120-acre site at Piercetown, County Meath. The facility will employ the latest bio-processing techniques and flexible production strategies to supply both clinical and commercial scale products.About 700 jobs will be created during the construction phase. When operational, the facility will create 400 permanent jobs in the areas of research and development, operations, technical staff and engineering.Shire’s senior vice president of technical operations Tim Kelly said: "The expansion supports our manufacturing strategy to develop and provide innovative specialty medicines for patients."Ireland is a strategically important location for Shire, providing both excellence in life science R&D and manufacturing. We already have a strong team on the ground in Ireland and believe that it is the right location for us to build a new state of the art facility which will complement our existing manufacturing operations in the US." The project’s construction is expected to begin in mid-2016 with the site scheduled to be operational by mid-2019.
Graham-BAM Healthcare Partnership, a joint venture between Graham Construction and BAM International, has been selected by South Eastern Health and Social Care Trust to build Ulster Hospital’s new £95m Acute Services Block in Belfast, Northern Ireland.
BAM Deutschland, in a joint venture with Max Bögl Stiftung & Co. KG, has secured a new contract for the construction of a hospital in Frankfurt Höchst, Germany.The contract value for BAM Deutschland, the German operating company of Royal BAM Group, is over €150m.The project has been designed by Wörner Traxler Richter Architekten in Frankfurt. The six-floor hospital building will have total floor area of 79,000 sq m.It will feature 664 beds, ten operating rooms and a 'hybrid operating room', which will have specialist equipment including a CT and MRI scan. The facility will cater to 33,500 patients each year.Construction of the hospital is expected to be completed by early 2019.
UK-based construction firm Hill has begun construction on a housing project worth about £70m for army families at Tidworth in Wiltshire.Hill will deliver the project working on behalf of the Defence Infrastructure Organisation, an operating arm of the UK’s Ministry of Defence.The development will include 322 new three- and four-bedroom homes for service personnel and their families based at barracks on and around Salisbury Plain.The housing units will incorporate red bricks and traditional roof styles that feature in surrounding villages. The project will also feature five open green spaces.The project is set to be completed in spring 2018.Hill deputy chief executive Kieran Larkin said: “We are delighted to be partnering with the Ministry of Defence in what will be our largest single contract to date.“This is not only a completely new sector for us at Hill, but it’s also our first project in Wiltshire, and is a fantastic opportunity to create homes for service personnel.”
The University of Glasgow has unveiled expansion plans to transform the former Western Infirmary site into a learning hub.The university has taken possession of the 14-acre site that will see an estimated £1bn investment over the next 10 years.The proposed plan will involve the creation of a research and innovation centre and new facilities for social sciences, health and engineering.It will include public routes and a new central square that will connect Byres Road to the cultural centre for the West End, with new connections to Kelvingrove and the newly-revamped Kelvin Hall. The proposed development will also feature a hotel, restaurant, bars and cafes. It is expected to create 2,500 jobs during the construction period.The University of Glasgow 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.”
Linkcity Ile-de-France has signed a construction contract worth about €200m with Abu Dhabi Investment Authority (ADIA) for the construction of the Alto Tower at La Défense, Paris.The company is the property development unit of Bouygues Bâtiment Ile-de-France, a subsidiary of Bouygues Construction.Designed by IF Architectes, AltoTower will be 150m tall, and provide 38 floors of office space with total floor space of 51,000 sq m. It will feature glass-scale façade and an unusual flare shape.The surface area of each floor will range from 700 sq m at the foot of the tower to 1,500 sq m at the top. The project will also include a car park, shops and a vast square developed with EPADESA, the development authority of La Défense.The new tower will replace the Les Saisons office building, which leads into the Les Saisons sector. It will form part of the urbanisation of the La Défense ring road and will link the Ancre neighbourhood in Courbevoie with La Défense.The detailed preliminary design is slated to be completed during 2016, with site work to begin in September 2016. The handover is scheduled for the first quarter of 2020. Construction will be undertaken by Bouygues Bâtiment Ile-de-France Construction Privé.Bouygues Bâtiment Ile-de-France CEO Bernard Mounier said: "The award of this contract, following 18 months of technical and engineering studies, repays the motivation and hard work of all the teams."By combining their range of skills, we were able to meet our customer's expectations. We are very enthusiastic to have the chance to build a new skyscraper in the La Défense district."
Keepmoat and Strata have obtained a contract from Leeds City Council to build 1,000 new homes in Leeds, UK, which will involve an investment of £142m.The homes will be built across 13 sites in the Seacroft, Halton Moor and Osmandthorpe areas of Leeds.The council has committed to ensure that development takes place on brownfield land first, and hence all the construction will take place on land previously used for industrial or commercial purposes. Construction is slated to begin in early 2017.Keepmoat operations director in Yorkshire Ian Hoad said: “We are actively expanding our presence in West Yorkshire, where we see a real appetite for new homes. With 95% of our developments built on brownfield land we are perfectly placed to deliver this scheme and we’re thrilled to have been selected as chosen developer alongside Strata.“Working in partnership with Strata will allow us to accelerate the delivery of these new homes, with the target of achieving 150 properties per annum.“We aren’t just taking one development in one part of the region. We are completely overhauling three neighbourhoods and potentially putting nearly 1,000 people in the region on the property ladder.”
Balfour Beatty has secured an £82.5m contract from BAE Systems to build engineering and training facilities at RAF Marham in Norfolk, UK.The contract will help prepare the base for the arrival of the RAF's first F-35 Lightning II aircraft in 2018. RAF Marham will be the main operating station for the F-35 Lightning II jets.Under the contract, Balfour Beatty will construct three new facilities covering 25,000 sq m that will feature an integrated training centre, a logistics operations centre and a maintenance and finishing facility.Balfour Beatty will use digital tools such as 4D modelling and BIM throughout the construction of the facilities.Before getting the contract, Balfour Beatty worked closely with BAE Systems, Lockheed Martin, the UK Ministry of Defence's Lightning Project Team and RAF Marham for the past six months as a preferred supplier to prepare for the project.Construction on the project is scheduled to begin in April 2016 and will be completed by mid-2018. The project will create 300 construction jobs during the peak phase.Balfour Beatty managing director UK construction services Dean Banks said: "Our proven expertise in defence and aviation means that we have developed technically advanced delivery solutions that will help to ensure that RAF Marham's operational capability is maintained throughout our construction activities on base."
Facebook has started construction of a EUR200m ($227.9m) data centre in Clonee village in County Meath, Ireland.The 621,000 sq ft Clonee facility will be Facebook’s first in Ireland and second in Europe, and sixth across the globe. The facility will be a central part of Facebook's global infrastructure allowing customers to connect with each other.Facebook has signed a long-term renewable energy supply agreement with Brookfield Renewable Energy Partners to supply 100% renewable wind energy to the Clonee facility. The agreement is in line with the company’s plan to reach the goal of powering 50% of its infrastructure with clean and renewable energy by the end of 2018.The data centre is scheduled to be operational by late 2017 or early 2018. It is expected to create 2,000 jobs during the construction phase and around 150 longer-term jobs.
Westminister Council has approved a £1bn plan to redevelop the Whiteleys shopping centre in west London.A joint venture between a Meyer Bergman-advised fund and Warrior Group has submitted a planning application to Westminster City Council redevelop the former Whiteleys department store in Bayswater.Designed by Foster + Partners, the mixed-use project will include more than 500,000 sq ft of homes and shops built behind the existing 1911 facade.It will include the construction of more than 100 homes, a mixture of apartments and townhouses. These will be arranged around an inner courtyard with new retail units, a boutique hotel, gym and other enhanced leisure facilities, including a new cinema at basement level.
Developers Ashfield Land and local house builder Kirkwood Homes have submitted plans to Aberdeenshire Council for a new £150m mixed-use development.The site for the proposed construction is located five miles north of Aberdeen. It was allocated for future development in the 2012 Aberdeenshire Local Development Plan (LDP). If approved, the plans will bring to life the Blackdog Masterplan that was approved by the council in 2013, calling for a new town centre with business space and substantial additional housing.Ashfield Land and Kirkwood Homes have been refining the proposals since late 2015, and after detailed consultation with local residents and community representatives.The proposed development will include the construction of a new town centre, with around 600 homes, including 150 affordable homes, to accommodate around 2,100 residents.It will also include offices, industrial accommodation, a regional food hall, a supermarket, a petrol station, a hotel, a cinema, shops, a park and ride facility and also a primary school.Subject to Aberdeenshire Council’s approval, construction will begin in early 2017 and will be delivered in partnership with major stakeholders including Aberdeenshire Council and the local community.The project is expected to create 1,200 jobs during construction and 1,500 full time jobs after completion.