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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.”
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.
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.”
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.”
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.”
AECOM subsidiary Tishman Construction has been selected to provide preconstruction and construction management services for Brookfield’s One Manhattan West office development in New York.The $2.1bn project will feature a 71-storey office building with a gross area of 195,000sq m.One Manhattan West will anchor the Northeastern corner of Brookfield’s 650,000sq m Manhattan West development, which is being built around a two-acre tree-lined park.Designed by Skidmore, Owings and Merrill, the building is targeting LEED-Gold certification. AECOM chairman and CEO Michael Burke said: “We are proud to help create an iconic tower that will be a key part of making the Far West Side the city’s newest vibrant neighbourhood.“Brookfield’s Manhattan West is a transformative mixed-use project that will bring much-needed residential and office space to New York City — and we are excited to play a role in making it a reality.”
Toyota Motor has announced plans to construct a new JPY49bn ($445.5M) production plant in Malaysia.To be constructed in Klang, Selangor, the new facility will have a production capacity of 50,000 vehicles annually. The company believes that the facility is the next step in its efforts to develop competitive plants using the latest production technologies such as freely extensible lines and compact painting booths. Toyota’s managing officer Tatsuro Takami said: "This plant is another of our efforts to create new, competitive plants, following the decisions made last year to create a new plant in Mexico and a new line in China, and the opening of two new engine plants this year in Indonesia and Brazil. "In addition to introducing cutting edge production technologies, we will dedicate ourselves to developing the personnel who support the making of ever-better cars. By doing this, we will provide high quality vehicles to Malaysian customers through UMWT."
A consortium led by Astaldi has won a €400M contract from the European Southern Observatory (ESO) for the construction of the dome and telescope structure of the European Extremely Large Telescope (E-ELT) in northern Chile. The consortium, known as the ACe Consortium, also includes Cimolai and the nominated sub-contractor EIE Group.The E-ELT, touted to be the largest optical/near-infrared telescope in the world, will feature a main mirror measuring 39m in diameter. The project is being built in Cerro Armazones, a 3,000m peak about 20km from ESO’s Paranal Observatory. The scope of the contract includes the design, manufacture, transport, construction, on-site assembly and verification of the dome and telescope structure. Astaldi’s chairman Paolo Astaldi said: “This project is truly visionary, both in what it represents for the field of astronomy and for construction and engineering.“Astaldi and our project partners, Cimolai and EIE Group, are extremely proud to have been selected by ESO through their call for tender to help make their vision a reality.“Astaldi is renowned for delivering its best-in-class technical skills, quality construction and strong execution, and we will put the full force of our core strengths behind this project. It is with great excitement that I sign a contract of such astronomical ambition.”
UK-based construction firm Forrest has been selected by Factory Estates Limited to deliver a £12.6M new-build high-rise development in Manchester.The ‘M-One Central’ will feature 119 one- and two-bedroom apartments over 12 storeys, along with communal spaces including a roof-level terrace, a gym for residents and a new landscaped public square.Located in the Great Ancoats Street, the project will be clad in oxidised metal panels to complement neighbouring constructions.Ted Macdougal, development director at Forrest, said: “As more people embrace city centre living in key locations such as Manchester and London, the demand for developments is rising. “We have a proven track record in delivering these kinds of high-rise schemes, which puts us in the perfect position to capitalise on this wave of opportunity.”Construction work will begin at the end of May and the building is expected to be complete in summer 2017.
Dubai Holding’s real estate arm Dubai Properties Group has started work on a AED1bn ($272M) waterfront development in Dubai.The project, named ‘Marasi Business Bay’, will feature a 12km promenade, water homes with boat access, floating restaurants and cafes, leisure and entertainment facilities and five tree-lined marinas.It will also include more than 100 shops and outlets, spanning about 16,000sq m, and 60,000sq m of park area.The promenade will be divided into three themed areas, the yacht club with luxury homes, the park and the pier.According to the developer, the Bay is set to become a major future landmark in Dubai, a unique waterside destination concept in the UAE and Middle East.H.E. Mohammad Abdulla AlGergawi, chairman of Dubai Holding, said: “The new project will strengthen the historic relationship between Dubai and its creek through the addition of a new dimension to the residential, tourism and leisure offerings along the Dubai Creek.“Located along the Dubai Water Canal, this waterfront destination embraces the longest water-side promenades, comprising a space rich with green spaces. Our goal is to build a way of life. “Our approach to the real estate landscape has gone far beyond the construction of towers and buildings, to encompass innovation and creativity; a symbol of the civilization of Dubai and the UAE and an essential instrument contributing to the happiness of the people as envisioned by His Highness Sheikh Mohammed bin Rashid Al Maktoum.”‘Marasi Business Bay’ will be built in phases, with its first phase, the promenade, to be complete by September 2016, followed by the park and the yacht club. Overall works are set to be concluded by 2023.
Bayhealth Medical Center has started construction on a new healthcare campus in southern Delaware.The campus , located just off Route 1, offers easy patient access and features a LEAN Led design focused on efficiency and improving the overall patient experience. The project will feature a six-storey hospital with an expanded emergency department, additional operating rooms, allprivate patient rooms, and a cafeteria with outdoor seating. It will also include a 6,500sq m outpatient centre with additional services. Bayhealth president and CEO Terry Murphy said: “A project like this doesn’t happen overnight; it takes research, imagination, determination, and knowhow.“It also takes the will to change the status quo and create something new. We view the health campus project as a $275 to $300M re-investment in the health of our community.” The new healthcare campus is scheduled to open in 2019.
Balfour Beatty Investments has secured financing for the Enterprise Data Centre (EDC) Borden expansion project in Ontario, Canada.The CAD322M ($245.2M) contract has been awarded by the Canadian government to Uptime Infrastructure Partners, a consortium that includes Forum Equity Partners, Walsh Contractors and Balfour Beatty .The consortium will provide the design, construct, finance and facilities management services for a new 10,000sq m data centre located on the Canadian Forces Base. Balfour Beatty Investments and Forum Equity Partners will finance the project, while Walsh Canada will provide construction services.Balfour Beatty Investments Canada senior vice president Chris Arthur said: “This project represents a meaningful win for our organization since this is the first of a potential pipeline of P3 projects for the Canadian Department of National Defence, and a demonstration of continued growth of our business in this key market.“We look forward to working with such a respected group of partners who have a well-established presence in the data centre sector.”Construction is expected to start in June 2016 and the first of four phases of the new facility will be completed in late 2017.
Dubai Municipality has awarded a contract to build an AED 1.8bn ($490M) conference centre in Dubai.Located on a 55,000sq m site in Al Jaddaf, the centre will feature Sheikh Rashid Hall conference venue, an 18,000sq m indoor arena with a height of 98ft capable of accommodating 10,000 people. It will include theatre-style seating and will be ideal for international conferences, seminars, music concerts and shows. The project will also see the construction of five sub-halls, each covering a total area of 975sq m and accommodating up to 1,000 people. The three new adjoining towers will include a 33-storey three-star hotel, a 48-floor four-star hotel and a 36-floor office block to be linked to the halls through a concourse building featuring shops and restaurants.A 65,000sq m car park with capacity for 1,800 cars will be also built.
Spanish construction firm Grupo ACS has secured a €235M contract to construct an industrial waste treatment plant in Abu Dhabi.ACS unit Intecsa, delivering the contract on behalf of the Abu Dhabi Oil Refining Company Takreer, will design, procure, build and commission a plant that will have a capacity to treat industrial waste from all the affiliates of Adnoc in Abu Dhabi.The facility will be situated in the industrial zone of Ruwais, about 250km west of Abu Dhabi.Construction work is set to commence next month and the plant is expected to be complete in the second half of 2019.
Graham Construction has been appointed by Oxford Brookes University to its new works framework to support the delivery of its £130M campus improvement programme.The 10-year estate investment plan will include improvements to the facilities on all of Oxford Brookes’ campuses, thus supporting the university’s long-term vision. The construction firm has been selected as part of the framework panel, which will execute all projects worth more than £5M, with a total value of £65M over the next four years.According to Graham Construction, there is a provision for the framework to be extended for two more years.Graham Construction’s London office director Rob Joyce said: “As the Thames Valley market is thriving, Graham Construction’s London division is continuing its expansion westwards to meet the high demand.“We are looking forward to drawing on our broad range of experience from across the higher education sector to help deliver Oxford Brookes University’s estate investment plan.“This appointment takes us a step further towards providing sector-leading facilities on a world-class campus, which will enable the university to achieve its long-term vision.”
Professional baseball team Texas Rangers has unveiled plans for a new $1bn stadium.The proposed ballpark will include a retractable roof for climate control and a shelter for fans during the hot summer season. It is also expected to have similar design concepts as the ones featured in the construction of the Globe Life Park.The Arlington City Council will consider designating a venue project and authorising a master agreement for a public-private partnership with the Texas Rangers this evening.The new proposed master agreement could see the Rangers' partnership with Arlington extend until January 1, 2054.The project’s construction cost would be shared equally between the Texas Rangers and the City of Arlington. Texas Rangers co-chairman Ray Davis said: "The Rangers and Arlington have enjoyed a great partnership for 45 years, and we are excited about the possibility of calling this city home for many years to come."A baseball park is a very special place and the Rangers are committed to providing the best possible experience for our fans. "The construction of a new facility with a retractable roof and so many other amenities would allow us to enhance that experience in a manner that is not presently possible."The park is expected to be complete by April 2021.
Green Valley Real Estate has announced plans for a AED500M ($136M) residential project in Marrakech, Morocco.The 410,000sq m development, called ‘City of Green Valley-Marrakech’, is located 11km from Marrakech city centre and will feature 350 residential villas with 100,000sq m of green spaces.It will also include restaurants, cafes, a supermarket, a spa area, health clubs, swimming pools, bars and sports courts.Green Valley Real Estate owner and general manager, Ali Saeed Al Salami said: "We are privileged to announce the project in Marrakech. "Aside of being a state-of-the-art and cutting edge project, it also offers excellent growth potential for investors looking for substantial return on their investment in Marrakech."This is a luxury project and offers amazing investment opportunities in the city, which is otherwise considered a perfect tourist destination."The project follows the completion of developments in Turkey, UAE and other parts of the Middle East.<iframe src="https://timetric.com/c/TT4M9NW/chart/" style="width:500px;height:350px;border:0;" frameborder="0" scrolling="no"></iframe>
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