Tees Valley team celebrate imminent arrival of Treasury 2 Mar 3, 2021 Tees Valley officials were celebrating after Darlington and Hartlepool beat off competition from Newcastle, Leeds and Bradford to be the home of the Treasury’s second headquarters. The Chancellor, who represents the neighbouring Richmond constituency and made the announcement during his budget speech, will spend part of his time at the new facility along with hundreds […] Posted by: Mark Flanagan Read more
Big investment wins for North East as Chancellor emphasises determination to level up economy Mar 3, 2021 The North East was a big winner in today’s budget which stuck to the ‘levelling up the country’ theme that has become a mantra of Chancellor Rishi Sunak. Teesside was named as one of eight new Freeports while Darlington won the battle to be the location of the new Treasury department, which will mean hundreds […] Posted by: Mark Flanagan Read more
Wheels in motion on London Mayor’s 10-year house-building plan Mar 3, 2021 After months of wrangling, Sadiq Khan’s plan to build more than 500,000 homes in the capital during the next ten years passed its final hurdle this week when it was formally adopted by the London Assembly. The Mayor of London (pictured above) has faced off numerous Conservative figures during The London Plan’s four-year journey to […] Posted by: Mark Flanagan Read more
DP World prepared to speculate on growing demand for warehouse space Mar 3, 2021 Europe’s biggest logistics park is rapidly taking shape with owners DP World this week announcing plans for a new speculative warehouse at its London Gateway development. The Dubai-owned operation has reacted to the growing demand for space by commissioning a 146,000 sqft shed at its deep-water port facility in Essex which has almost 10m sqft […] Posted by: Mark Flanagan Read more
Land swap deal unlocks opportunity for Peel to link inland port with rail network Mar 2, 2021 Regeneration specialists Peel L&P have agreed to swap land with Salford City Council in order to facilitate the building of a rail spur to the company’s Port Salford development. Under the terms of the deal, which is due to be approved on Monday (March 8), Peel is handing over 16 acres of Green Belt land […] Posted by: Mark Flanagan Read more
Workplace and Facilities Framework winners unveiled Mar 2, 2021 Seventeen firms have been included as principal contractors on the supplier list for a new £1.1bn national Workplace and Facilities Framework. In total Procurement group Fusion21 has included 55 built environment companies on the four-year framework which is designed to meet the facilities management needs of a host of public sector organisations. Ten have […] Posted by: Mark Flanagan Read more
Northern transport leaders demand government follow through on promise to power up rail investment Mar 2, 2021 A plan, outlining the need for a far-reaching overhaul of the rail system, has been submitted to the government this week by northern transport leaders. The £40bn Northern Powerhouse Rail blueprint is a joint venture between Transport for the North and the Department of Transport and if implemented would radically improve the region’s ageing rail network, […] Posted by: Mark Flanagan Read more
Defining moment for centre of Stoke as Capital & Centric outline bold £75m vision Mar 1, 2021 A listed build is set for a new lease of life as part of massive new development that local leaders hope will “redefine the future of Stoke-on-Trent”. Council planners have partnered with Capital & Centric on the £75m scheme to transform a 0.6 hectare site next to the train station into 180 new homes, a […] Posted by: Mark Flanagan Read more
Henderson Park cashes in on Athene Place investment Mar 1, 2021 Fast-growing real estate investment platform Henderson Park has sold one of its prime assets to a consortium led by a Hong Kong-based company for £255m. The private equity firm entered the market in 2016 and since then has invested nearly £10bn in iconic real estate assets across Europe. In 2018 it acquired the 147,000sqft Athene Place […] Posted by: Mark Flanagan Read more
Gloucester city centre redevelopment planners begin search for construction partners Mar 1, 2021 Construction partners are being sort for a £80m multi-use redevelopment that will transform the look of Gloucester’s city centre. Last month Gloucester City Council signed off on the scheme, which will see the demolition of a range of buildings in the Kings Quarter to be replaced with The Forum, an innovation hub that incorporates a […] Posted by: Mark Flanagan Read more
