Hill International has secured a contract from Unibail-Rodamco to deliver project management and site supervision services for a €960M ($1.02bn) mixed-use development in Hamburg [pictured], Germany.
Urban&Civic and the Secretary of State for Defence have submitted plans for a new mixed-use project at Waterbeach Barracks on the northern fringe of Cambridge, UK.
The Celtic Football Club, a professional football club based in Glasgow, Scotland, has submitted a proposal of application notice to Glasgow City Council for the development of the Celtic Park area.
Developer Nikal has submitted a planning application for the second phase of the £70M Altair project in Altrincham, UK.
American professional soccer club D.C. United has announced that it will break ground on its $300M soccer stadium, known as Audi Field, in Washington, DC next Monday, 27 February.
Developer Landsea has secured a $102M construction loan to finance the construction of Avora, a 184-unit luxury condominium project in Weehawken, New Jersey.
The £175M West Bar Square development in Sheffield, UK, is set to move forward after it has been granted outline planning consent.
Construction group BAM has secured a contract to build the Two Chamberlain Square, the second building in the first phase of the Paradise development in Birmingham, UK.
Skanska, a construction and development company based in Sweden, has announced plans to invest $392M in an office project in Seattle, US.
Dransfield Properties has signed a joint venture agreement with Harworth Group to develop a new £50M retail, office and leisure development at Waverley, Rotherham in Yorkshire, UK.
A joint venture of Arabian Construction Company (ACC) and UK-based construction firm Kier has secured a $187M order to construct a residential project in Dubai.
AMCAL Equities has closed financing and began construction on a new $75M student housing community for California State University, Sacramento (CSUS) in the US.
Developer Brookfield Property Partners has received planning consent from the City of London to build a £400M tower next to Leadenhall Market.
Developer U + I Group and Calthorpe Estates have submitted plans to Birmingham City Council for a £300M mixed-use project in Edgbaston, UK.
US-based developer EdR in an agreement with Opus Development Company has begun construction on a community project adjacent to Arizona State University (ASU) in Tempe, Arizona.
Dubai South has signed a memorandum of understanding (MoU) with Deyaar Development to develop a mixed-use project in Dubai South’s Residential District.
Olti Gjomema, construction industry analyst at Timetric’s Construction Intelligence Center, presents Donald Trump, the builder along with some of his property investments.
Youssef Ouchagour, construction industry analyst at Timetric’s Construction Intelligence Center, looks at the current state of the healthcare construction market and presents five of the largest healthcare projects currently under construction in the Gulf Cooperation Council (GCC) region.Building adequate and effective healthcare facilities has become an urgent priority in the GCC region as the pressure continues to grow on the existing healthcare infrastructure due to a number of regional factors, including rapid population growth, higher life expectancy, a higher per capita income and a rise in lifestyle related diseases. GCC healthcare construction market outlookAccording to Timetric’s Construction Intelligence Center (CIC) project database, there are 119 active healthcare projects in the GCC countries with a combined value of $46bn. As expected, the majority of these projects are located in Saudi Arabia, the country with the largest population in the GCC, followed in order by the United Arab Emirates, Kuwait, Oman, Qatar and Bahrain. 40% of active projects in the GCC region, with a combined value of $21bn) are under execution, with the remaining 60% of projects at various pre-execution stages, with a combined value of $25bn. This shows that there is a wealth of future opportunities within the healthcare sector for the GCC construction industry.The expected growth of the Healthcare Sector in the GCC region over the next few years will be mainly driven by the GCC governments’ efforts to strengthen and modernise their healthcare system — 68% of the active Healthcare projects in GCC countries are publicly funded projects; these have a combined value of $39bn. Privately funded projects represent 25% of the total number of active healthcare projects in the region and have a combined value of $4.5bn. The total investment in healthcare projects through public/private partnership is around $2.2bn. The number of projects funded by the private sector is set to grow over the next few years due to the high demand for high quality healthcare facilities and services and the rise of the medical tourism trend in the region. The same is expected for projects funded through public/private partnerships as the GCC governments are looking for alternative ways to fund healthcare projects due to budget restraints.
Developer J2 Global has received planning permission from Luton Borough Council to transform the former Vauxhall car plant site in Luton into a £300M mixed-use development.
UK-based Wates Residential has been selected to construct the first phase of the Abbey Area Redevelopment project in Camden, London.