Etera Mutual Pension Insurance Company YIT, Onvest and Fennia Mutual Insurance Company have signed an agreement to deliver the Mall of Tripla and its parking facilities in Helsinki as a joint venture. The €600M development will have a leasable floor area of about 85,000sq m for a total of 250 tenants and a parking facility with space for 2,300 cars. The construction commences with Tripla, which will include office space, apartments and a hotel in addition to the shopping mall and the parking facility. The construction project also covers the Pasila station and the adjacent public transport terminal.
Brooklyn Brewery is expanding its operations by constructing a new brewery, headquarters and rooftop restaurant and beer garden at the Brooklyn Navy Yard’s Building 77 in New York.Brooklyn Brewery, which opened its first brewery 20 years ago in Williamsburg, will lease a total of 700sq m of the building, which is now undergoing an $185M refurbishment. The revamp of Building 77 will transform 9,300sq m of storage space into a manufacturing, tech and design hub. Brooklyn Brewery’s CEO Eric Ottaway said that in addition to the Navy Yard site, the company is hoping to build a large brewery in Staten Island to handle production that is now done in Utica, New York. The brewery will maintain its brewing operations in its original site in Williamsburg, Brooklyn, until its leases expire in 2025.Ottaway added that the company is hoping to extend that lease beyond 2025 and maintain a presence in Williamsburg.Brooklyn Brewery will produce 50,000 barrels annually and will employ 124 people, with the long-term goal of creating an additional 100 jobs. Upon completion in early 2017, the development will create a total of 3,000 jobs.
US-based developer Edens has secured an approval from the Boston Redevelopment Authority Board to develop a $200M mixed-use project in Boston.The 6,500sq m development, located near to Edens’ South Bay Center in Boston’s Dorchester neighbourhood, will feature 1,050sq m of restaurants and shops, a 12-screen AMC Theatre with IMAX, a flagship Wahlburger’s, a 130-room hotel, and two parking garages. The developer will also collaborate with Mill Creek Residential to develop 475 multi-family units, which will be in a mix of studios and three-bedroom apartments.During construction, Edens also plans to revamp the 4,000sq m South Bay Center.<iframe src="https://timetric.com/c/UUWD56W/chart/" style="width:500px;height:350px;border:0;" frameborder="0" scrolling="no"></iframe>
The 35m-deep foundation for a $300M mixed-use complex in Sri Lanka is nearing completion.Designed by Gensler and developed by ITC Limited subsidiary WelcomHotels Lanka Private Limited, the complex will include about 350 rooms on 25 floors in the first phase, over 130 luxury residences on 50 floors comprising master penthouses, penthouses, four-, three- and two-bedroom apartments, banqueting and cuisine experiences, as well as retail and serviced office spaces.The project, named ‘ITC One, Colombo 1’, will generate direct employment for around 800 people and indirect employment for another 400 people in its various components. WelcomHotels Lanka managing director Arun Pathak said: "The ITC One, Colombo 1 is a very exciting development, creating an international icon for Colombo, offering the best international quality in hospitality and residences."It truly represents the splendour of gracious living. It is set to be an employment-multiplier and will undoubtedly become a vibrant symbol of Sri Lanka’s resurgent economic growth."
Honda Motor Company has completed construction and inaugurated its new plant located at Rojana Industrial Park in Prachinburi, Thailand.The 214,000 sq m facility has been developed with an investment of THB17.15bn ($484.6M) and has a production capacity of 120,000 units annually. The new plant is equipped with Honda’s highly-efficient and environmentally-responsible production technologies — introduced at Honda’s Yorii Plant in Japan — and will serve to enhance the company’s capability to deliver quality products for customers in Thailand and across the world, says the manufacturer.Honda Motor president, CEO and representative director Takahiro Hachigo said: “Thailand has increased its presence as one of Honda’s production hubs by supplying products and components not only for the home market but also for the world including ASEAN nations, which drive our global sales growth. “I am committed to making certain that the role of Thailand will become even more valuable with the completion of this all-new Prachinburi factory with full advantage of Honda’s newest production technologies.”The plant currently has 1,400 employees.
The University of Maryland has unveiled plans to redevelop several existing businesses into a mixed-use development.The $110M project will feature 300 luxury apartments and will also serve and enhance the amenities available to a community of more than 50,000 students and university staff.It involves collaboration between Bozzuto, Willard Retail, and the University of Maryland College Park Foundation, the entity that will acquire the property in early 2017. Bozzuto president and CEO Toby Bozzuto said: "We are grateful to have been selected to develop this wonderful project with the University of Maryland College Park Foundation, the University of Maryland, the City of College Park, Prince George's County, and Willard Retail."The combination of our previous experience developing Monroe Street Market with Catholic University and the strength of our partners will create a community to complement the university's ongoing redevelopment efforts in downtown College Park. This is a rare opportunity to develop a project with transformative potential and we are proud of our stake in this extraordinary collaboration."
UK-based Springfield Properties has received planning approval from Perth and Kinross Council for a 3,000-home community .The £1bn project, named Bertha Park and located in Perth, covers an area of 333ha. Bertha’s first phase, likely to commence in 2017, will be assessed by a committee next month and will include 1,100 new private, affordable and retirement homes. Springfield managing director Innes Smith said: “We are delighted with today’s decision. This is a big step forward in a 30-year project and the result of five years of planning and design in partnerships with Perth and Kinross Council. “We have set our sights on delivering an exceptional place for people to love and work and we are excited to be bringing Springfield’s award winning homes to Perth. We are on track to start building in 2017, initially creating around 450 new jobs and supporting many more.”The development is expected to create more than 2,000 new jobs in the region.
Bryn Mawr Hospital has broken ground on the $200M patient pavilion in Bryn Mawr, Pennsylvania.The project will include an 18,500 sq m patient pavilion, two new medical/surgical telemetry units, a new intensive care unit, 12 new operating rooms, and renovated maternity and delivery rooms. The building will be erected in the centre of the campus, taking the place of the Clothier Building and Medical Office Building South. Bryn Mawr Hospital president Andrea Gilbert said: “The campus master plan and modernisation project builds upon Bryn Mawr Hospital's long-standing history of providing exceptional, leading-edge health care in our community.“This investment is evidence of Main Line Health and Bryn Mawr Hospital's continuing promise to deliver personalized, advanced care in a comfortable, contemporary setting.“A treasured community teaching hospital for more than a century, the next iteration of Bryn Mawr Hospital envisions a physical space that matches the patient-centered, quality-driven care that remains core to our mission.”
UK-China joint venture FairBriar International has commenced work on the first phase of its £700M Middlewood Locks development near Manchester city centre.The new mixed-use development will include about 2,000 new homes and over 70,000 sq m of commercial development space, involving offices, a hotel, shops, restaurants, a convenience store and a gym. The first phase of the project, expected to be complete in 2018, will include the construction of 571 homes and associated commercial space, convenience shops, restaurants and a new public realm in the form of canal side footpaths and cycle ways that will be connected to the city centre. Designed by WCEC Group, the project is located around three large basins of the Manchester, Bolton and Bury Canal in Salford and is expected to create over 7,000 jobs in the local region.Scarborough development director Lee Savage said: "We are thrilled to be starting on site at last. It marks the culmination of many months of intensive preparation and allows the local communities to see for themselves some real progress."The whole team will be concentrating on delivering a development of which Salford and Greater Manchester can be truly proud.”
Real estate developer British Land has revealed details of a £300M project to expand Meadowhall shopping centre in Sheffield, UK.The 30,000 sq m proposed Leisure Hall will include a wide range of dining and entertainment options, with new restaurants, a new café court, a gym, and other leisure spaces.The new hall and existing centre are set to create a new multi-levelled, landscaped mall with internal and external spaces for promotional and community uses. It has also been designed to accommodate large outdoor events including live music.British Land’s head of retail and leisure Charles Maudsley said: “We are continuing to drive Meadowhall’s evolution to ensure it remains an outstanding place for modern consumer lifestyles. “This significant step change in the scheme’s leisure provision will contribute to Sheffield’s continuation as a driving force behind the Northern Powerhouse. This is a very exciting time and we look forward to working with Sheffield City Council to help ensure Sheffield’s future success.”British Land, the co-owner of Meadowhall, is starting a public consultation on the expansion proposals. If the proposals are approved, construction work will commence in 2018. The hall is expected to open to visitors in late 2020 or early 2021, creating more than 1,000 jobs in the region.
Otis China has announced the construction of a new 270m-high elevator test tower as part of a new global R&D facility in Shanghai.Anticipated to be the world’s tallest above-ground test tower, it has been designed to be flexible and easily adaptable to the testing of new components and systems as they evolve.The project will support the development of new technologies for use in elevators for different market segments in order to deliver high efficiency, small footprints, industry-leading safety, comfort and convenience for passengers, says Otis.Otis’ president Philippe Delpech said: “Building our new test tower and R&D Center in Shanghai underscores our continuous commitment to satisfy customers in China and around the world.“As the industry leader that introduced safe elevator technology, this is a strong example of how we are investing to accelerate innovation and technology development for our next generation elevators and service.”The new facilities, part of a network of research facilities and test towers set to spread across four continents, are expected to be operational by the end of 2018.Otis has supplied lifts for iconic high buildings around the world, including the 828m Burj Khalifa in Dubai, the world’s tallest building; the 599m Ping’An Financial Center in Shenzhen, one of the highest buildings in China when completed this year; the 555m Lotte World Tower in Seoul, the tallest in South Korea; the 553m CN Tower in Toronto, the highest in North America; and the 324m Eiffel Tower, Paris’ iconic symbol.
US-based Jacobs Engineering Group has won a contract to deliver engineering services for the expansion of Mitsubishi’s polyester film plant in Greenville County, South Carolina. Mitsubishi Polyester Film, a subsidiary of Japan-based Mitsubishi Plastics, offers a range of polyester films for the industrial, packaging, imaging and electrical markets.Pursuant to the contract, Jacobs will provide engineering services for the $100m project, which includes the installation of a polyester film production line that is expected to combine high level technology with production efficiency.Jacobs’ senior vice president specialty chemicals Andrew Berryman said: “We are excited Mitsubishi chose Jacobs to invest in its existing facility. Our team is committed to delivering a safe, innovative project to support Mitsubishi’s customers and markets around the world.”The project is set to be complete by late 2017.
Pennsylvania's SugarHouse Casino has completed the $164M casino expansion project.Designed by Cope Linder Architects, the project increased SugarHouse’s facility from 10,000 sq m to 24,000 sq m, excluding the new seven-storey parking garage of about 56,000 sq m. The new parking garage offers 1,500 new spaces for guests, with direct elevator access to the casino floor.The project also includes additional restaurants and a 2,800 sq m event centre.The expansion project created 500 new full-time jobs, raising the number of current employees to 1,700.
The state government of Victoria has approved a new master plan to transform the former Melbourne Convention Centre site on Spencer Street, Australia.Plans to transform the under-used site include a $200M three-tower development and feature three apartment buildings ranging from 27–34 levels, with 1,060 apartments, retail space, and spaces for 451 cars and 160 bicycles.While portions of the former Melbourne Convention Centre are being demolished to make way for the development, the 13-level Crown Plaza Hotel, which overlooks the Yarra River, will remain as it is.Minister for Planning Richard Wynne said: “This is a good development in a prime location near Southern Cross Station, trams and public space along the Yarra River which will provide more housing at the gateway between the CBD and Docklands.“This master plan shows how we can deliver more housing in under-used parts of the city while increasing the amount of parks and open space for the public.”
High-tech components manufacturer SATA Group is set to construct an $114M machine plant in Brownsville, Texas. The 350-acre development will be located on newly designated Interstate 169 and will include a vertically-integrated machining-foundry-forging operation by 2020. Further plans include an aluminium die cast operation, a plastic injection molder, a distribution centre and an apprenticeship training centre.SATA’s USA vice president Pietro Cinotto said: “Our level of quality and superior manufacturing productivity created a global demand for our machined products and services.“It grew to the point where it made sense for us to enter the North American market and that’s when Brownsville, Texas came into our site selection process. The overwhelming support helped us make the decision to settle in Brownsville.”The project is expected to create 300 jobs in the region.
Etobicoke Healthcare Partnership has secured a $330M contract to design, build, finance and maintain the new Etobicoke General Hospital Phase 1 Patient Tower Project in Ontario, Canada.The scope of the contract will include the construction of a new four-storey wing and will add about 23,225 sq m of space to the existing facility.The project will feature an emergency department, an ICU/CCU about four times larger than the current space, a maternal newborn unit and an ambulatory procedures unit.Designed to achieve Leadership in Energy and Environmental Design Silver certification, the Phase 1 Patient Tower Project is expected to create 300 jobs at the construction peak. Infrastructure Ontario president and CEO Bert Clark said: "Infrastructure Ontario is proud to partner with William Osler Health System to deliver the Etobicoke General Hospital expansion — another great example of what can be achieved through public-private partnerships."Construction work will commence immediately and is anticipated to be complete in late 2018.
US-based developer VanTrust Real Estate is set to construct the first phase of the $1bn Frisco Station mixed-use project in Texas
Bayhealth Medical Center has received approval for the construction of a new health campus in southern Delaware, USA.The $300M project, designed by CannonDesign, will be developed on a 165-acre site and will offer inpatient and outpatient care services. CannonDesign’s senior vice president Troy Hoggard said: “Our team explored southern Delaware to learn more about the landscape and we used our findings as inspiration in developing a concept for the exterior façade of the hospital and outpatient centre.“What we found were sprawling farmlands, waves crashing onto the beaches, and sand rippled after a summer storm, and each is reflected in our design.”The work on the project is set to commence in spring 2016.
UK-based construction firm Laing O’Rourke has secured a £76.2m contract from Imperial College London’s development management partners Voreda to build a residential tower.
German automobile manufacturer Daimler has unveiled plans to build a new €500m production facility in Poland.The new plant will be located in Jawor, about 70km west of Wroclaw, and will manufacture four-cylinder gasoline and diesel engines for Mercedes-Benz passenger cars. Markus Schäfer, member of the divisional board Mercedes-Benz Cars, production and supply chain management, said: “The planned establishment of a new engine plant in Poland is a further step in our global growth strategy.“Capacity expansion in Eastern Europe reflects the increasingly international orientation of our powertrain production compound. This will lead to more flexibility and efficiency in our worldwide production network.”Frank Deiß, head of production powertrain Mercedes-Benz Cars and site manager of the Mercedes-Benz plant at Untertürkheim, said: “With the new facility in Jawor, we want to start the second engine production of Mercedes-Benz Cars outside Germany.“This allows us to react flexibly to market changes across several plants. The powertrain production compound is managed by the lead plant in Untertürkheim.”The plant is scheduled to commence production in 2019.