West Yorkshire factory site’s £60m makeover Apr 8, 2021 The owner of a former tumble drier factory site in West Yorkshire has released details of its £60m mixed redevelopment scheme. Having fully demolished the buildings on the 26-acre plot near Halifax, Crosslee has created a masterplan which includes 106 new homes, an employment and commercial space, a supermarket (in conjunction with a leading European […] Posted by: Mark Flanagan Read more
Government selects 16 FE colleges for capital investment Apr 8, 2021 Sixteen English colleges have today (April 8) been revealed as the latest to benefit from the government’s £1.5bn FE Capital Transformation Fund. First launched in September last year, 200 colleges were named in the first round of funding (£200m) so they could undertake immediate remedial work to refurbish their buildings. In January 2021, a second phase was […] Posted by: Mark Flanagan Read more
Swindon hospital’s expansion plans move forward thanks to land acquisition Apr 7, 2021 Great Western Hospital’s expansion plan took a giant leap forward this week when the Swindon-based NHS Trust confirmed it has completed the purchase of 5.5 hectares of land from two housebuilders. A deal with Persimmon Homes and Redrow Thames Valley has been done for the land which is adjacent to the hospital. The money for […] Posted by: Mark Flanagan Read more
Sussex councils’ £110m modular housing framework Apr 7, 2021 Two councils in Sussex have joined forced to create a four-year modular housing framework worth £110m. Lewes District Council (LDC) has taken the lead on behalf of Eastbourne Borough Council (EBC) and both are working on housing development programmes, primarily in the affordable sector. The estimated value of LDC’s portion of the framework is £41.25m, […] Posted by: Mark Flanagan Read more
New man at the helm for Knight Frank Apr 7, 2021 Global property consultancy Knight Frank today (April 7) announced it will have a new chairman and senior partner next year. William Beardmore-Gray will be stepping up from Head of the London Commercial and Global Occupier businesses to replace Alistair Elliott. The move will come into effect on April 1st, 2022 following an election in December. […] Posted by: Mark Flanagan Read more
Former power station in Kent set to be reborn as £1bn industrial park Apr 7, 2021 The owners of a redundant power station in Kent have submitted plans to convert the 279-acre site into an £1bn industrial park. Uniper UK’s 10-year Medway One project on the Hoo Peninsula incorporates a mixture of commercial, manufacturing and industrial spaces, along with the potential for storage, distribution and data centre uses. The application follows […] Posted by: Mark Flanagan Read more
Canadian pension fund refocuses on sustainable energy investments Apr 7, 2021 The powerful company managing the pension contributions of 20 million Canadians is intensifying its drive for sustainable energy opportunities by creating a new fund dedicated to that sector. The Canada Pension Plan Investment Board (CPP Investments) has almost $500bn of funds under management and last night announced it had formed the Sustainable Energy Group (SEG) […] Posted by: Mark Flanagan Read more
Watkin Jones maintains busy start to 2021 with Swansea student scheme Apr 7, 2021 Student accommodation specialist Watkin Jones has unveiled plans for a 350-bed facility in the centre of Swansea on the site of a former HMRC office. Since 1999 the company has delivered 43,000 student beds across 130 sites and identified the Welsh city as a hotspot with Swansea University student numbers having increased 11.5% over the […] Posted by: Mark Flanagan Read more
New data suggests 2021 set to be good year for construction Apr 6, 2021 The value of construction work that began in the first quarter of 2021 was 5% higher than the previous year according to data published today by Glenigan (April 6). The numbers are significant – the research covers developments valued at less than £100m – because the UK did not go into lockdown until March 26, […] Posted by: Mark Flanagan Read more
St Modwen partners with Oxford college on Worcester masterplan Apr 6, 2021 St Modwen has formed a joint venture with Merton College (Oxford) on a mixed-use development which is set to create up to 1,250 homes and 900,000 sqft of logistics space on a 240-acre site near Worcester. Located just off junction 7 of the M5, it forms part of a draft allocation for up to 10,000 […] Posted by: Mark Flanagan Read more