Purdue Research Foundation has partnered with Browning Investments for the $1.2bn project to transform the west end of the Purdue University in Indiana, USA.The project, known as the Purdue Innovation District, involves the development of nearly 450 acres.Browning will be responsible for a comprehensive master planning that will include student and non-student housing, a lab, research and other collaboration spaces.It will also include office, discovery and entrepreneurial spaces, retail and public spaces, aerospace industry-focused research, and advanced manufacturing and light industrial space.The development will complement other initiatives already taking place on the west side of the campus.Purdue Innovation District director Jeff Kanable said that Indianapolis-based Browning was chosen because of its expertise in long-term development projects.Kanable added: "Browning has a strong history in funding, creating, and executing comprehensive plans for major long-term projects. We are confident in their leadership in the development of the Purdue Innovation District as well as the Research Park Aerospace District."The project is expected to commence late 2016 or early 2017 and is slated to take place over a 15-20 year period.
Springfield Properties’ plans for phase one of the £1bn Bertha Park mixed-use development in Scotland, UK have received the go-ahead from Perth and Kinross Council.The first phase will include construction of 1,061 new homes, commercial buildings, as well as leisure and recreation areas. Plans also include a new network of roads, and a new secondary school.Springfield Properties managing director Innes Smith said: “Perth is a very attractive place to live and work. Not surprisingly the city is one of the fastest growing places in Scotland. We are committed to enabling that expansion with homes, business and leisure opportunities over the next thirty years. Already we have spent five years developing this plan.”“The plan provides everything a growing community needs. It is important that there are homes for every age and stage. “There will be lots of options to suit all budgets. Homes for sale, homes for private and mid-market rental and homes for rent through housing associations; all are proposed. Many of the homes have been designed especially to suit the site. And all homes are designed to be very energy efficient, keeping bills low for householders.”Bertha Park scheme will be carried out in phases over 30 years, and is anticipated to create more than 2,000 jobs.
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.”
Nationwide Children’s Hospital has unveiled details of the second phase of its master facilities plan to expand the hospital existing campus in Ohio, USA.The centrepiece of the $730m project will include the construction of a new eight-storey behavioral health pavilion on the main hospital campus. The building, estimated to cost $158M, will eventually accommodate up to 66 inpatient beds. The facility is anticipated to break ground by the end of 2017, and open in 2020. The project will also involve the construction of a $28M parking garage, expected to be complete in mid-2020.Phase II will also include a 20,600sq m Livingston ambulatory building, a 20,400sq m research building, a Near East office building with 800 parking stalls, a data centre, and a central energy plant.In addition, the Livingston Park will be upgraded, the existing childcare centre will be renovated and 51 inpatient beds and five additional operating rooms will be added to the main hospital.The second phase of the hospital master facilities plan is slated to be complete in 2022.
US-based steel producer Nucor has announced an equal stake joint venture with Japan-based JFE Steel to construct and operate a steel plant in central Mexico.The $270M plant will have capacity to produce 400,000t of galvanized sheet steel annually.Currently the firms are working to obtain the necessary conditions to move to completion, including regulatory approvals. Nucor’s chairman CEO and president John Ferriola said: "JFE Steel is a natural partner for us. They are a premier supplier of high-quality products to the automotive industry and share our focus on long-term growth."This joint venture builds on our efforts to increase our production of differentiated and value-added products. Continued growth in Mexico's automotive production presents an opportunity for Nucor to increase our sales to this important market."The plant is expected to commence operations in the second half of 2019.
Johnson Controls has established a joint venture with Binzhou Bohai Piston to construct a new $200M automotive battery manufacturing plant in China.To be located in Binzhou, Shandong Province, the new facility will be the company’s fourth battery manufacturing plant in the country.Once operational, the unit will be able to manufacture 7.5M batteries annually. Johnson Controls’ president for Asia Pacific region Trent Nevill said: "Johnson Controls remains committed to serving our customers wherever they are in the world with investments such as this manufacturing plant and joint venture, which brings our leading technologies and global best practices to China."Construction of the new plant is anticipated to commence in 2017, with production starting two years later. The unit will employ 650 people at its full capacity.
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.
Turner & Townsend has been chosen to provide full project and cost management services for the construction of Unilever’s new manufacturing plant in the UAE.The £250M facility will enable the consumer brands firm to expand its latest personal care products business across Middle Eastern and Northern African countries, while creating 400 jobs.Turner & Townsend’s managing director for Middle East Mike Collings said: “Having worked successfully with Unilever on multiple occasions, we have a clear understanding of their expectations so we are well positioned to deliver a high-quality finished product, which will exemplify best practice in environmental friendly construction.”Unilever Gulf’s supply chain director Ahmed Kadous said: “We’ve worked with Turner & Townsend before so we’re confident in their ability to deliver the latest and best practice whilst working on this project.“Our decision to continue investing in Dubai was the result of the steady rise in demand for quality personal care products in the region. In addition to that, the new facility will assist us in achieving our long-term vision; doubling the size of our business while halving our environmental footprint.”
Jacobs Engineering Group has won a services contract for the next stage of the $5.3bn Oyu Tolgoi underground copper and gold mine in Mongolia.The firm will be responsible for the provision of engineering, procurement and construction management (EPCM) services to implement the materials handling systems for the new underground mine and associated surface and underground infrastructure.The project, located in the south Gobi region of Mongolia, about 550km south of the capital Ulaanbaatar, is being delivered over a five- to seven-year period, with the first draw bell production from the underground mine expected in 2020.Jacobs’ president and CEO Steve Demetriou said: “We are very proud to be associated with what is a landmark project for Oyu Tolgoi, Mongolia and the global mining landscape.“The Oyu Tolgoi Underground Project is one of the largest mining projects worldwide. We are excited at the opportunity to contribute significant value to our client and the nation of Mongolia.”
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.
Bahrain Real Estate Investment (Edamah) has announced an investment of $930M to transform the Hawar Islands into an eco-friendly tourism destination.The project, to be located across 100ha on the northern coast, will be delivered in two stages. Stage one will include the construction of a 350 key five-star lagoon resort and 150 eco-friendly apartments and villas. Stage two will involve the renovation of an 100-year old Hawar mosque, the development of a bird research centre, a hotel and heritage souq, 155 residential villas and a wellness resort and spa.Construction work is expected to start in 2017, with the lagoon resort opening in 2019. The second phase of the development will be complete by the end of 2021. The development also includes a revamp of the existing Hawar resort, which will offer new water sports activities, entertainment and restaurant facilities. The resort is scheduled to open its doors in July 2016.Edamah’s chief development officer Mireille Babti said: “Preserving the environment and promoting healthy living is at the heart of our development’s strategy. “We are promoting an offering to cater to diverse lifestyles and socioeconomic conditions, and we aim to transform Hawar into an eco-friendly offering that intertwines with nature to provide an experience of barefoot luxury that is second to none.“In doing so, the team is conscious of developing Northern Hawar in a holistic manner, promoting sustainability and innovation, while preserving the raw wilderness of the habitat.”Once completed, the project is expected to create 3,000 direct jobs.Hawar archipelago comprises 35 islands spanning over 51M sq m to the south-east of the Kingdom’s mainland. 80% of its land is a wildlife preservation zone, home to the world’s largest breeding for the Socotra cormorant bird, the dugong seacow, the Arabian oryx, reem gazelle, and extensive sea grass and coral.
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.
Larsen & Toubro and Al Balagh Trading & Contracting joint venture has been awarded a contract to build the Al Rayyan Stadium in Qatar.The contract was announced by the Supreme Committee for Delivery & Legacy.Designed by Ramboll and Pattern, the 40,000-seat stadium will host games up to the quarter-finals at the 2022 FIFA World Cup.Under the contract, the joint venture will be responsible for the main works and construction of the site, following the completion of enabling works.The contract for the project is for a combined value of $360m for both JV partners and is scheduled to be completed by 2019.After completion of the tournament, the stadium will accommodate 20,000 seats and will be the home for Al Rayyan Sports Club.Al Balagh chairman Sherida Saad Jubran Al Kaabi said: "The award of main construction works for Al Rayyan Stadium and precinct to Al Balagh, a 100% Qatari company along with its joint venture partner, L&T, is a great honour and recognition."L&T Qatar CEO Dr Jens Huckfeldt said: "It is a matter of immense pride for us at Larsen & Toubro Limited, along with our joint venture partner Al Balagh, to have been given the responsibility to design and build the Al Rayyan Stadium and Precinct in preparation for the historic first Middle Eastern FIFA World Cup in 2022."We are extremely mindful of the trust and confidence given to us by the Supreme Committee for constructing this stadium and it will be our endeavour to deliver a masterpiece."
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.
Construction work has commenced on a $170M office tower on Brisbane’s city fringe in Queensland, Australia.The new office development, known as ‘Fortitude Valley’, is being delivered by Consolidated Properties Group (CPG) and Charter Hall Group.Upon completion, the 19,000sq m, 14-level office tower will become the new headquarters of the Australian rail freight company Aurizon and its 1,700 employees.CPG secured a 110-year lease for the site, from the Anglican Church, in a deal that secures the long term future of the existing Church building, on the site at 900 Ann St.Queensland’s deputy premier Jackie Trad said: “This is a landmark project for Fortitude Valley, bringing 1,300 jobs during the construction phase and 1,700 Aurizon workers to the area once construction is complete.”The tower is expected to be complete in 2018.