Legal & General’s affordable housing strategy grows to £280m following GMPF investment Aug 5, 2024 Legal & General (L&G) today announces that it has secured a further £150m in commitments for its UK affordable housing strategy, following the recent launch of the Legal & General Affordable Housing Fund, bringing total commitments to the strategy to date to £280 million. The bulk of this new capital comes from Local Government Pension […] Posted by: Mya Driver Read more
Construction begins on £10m development as Melton West continues to grow Aug 5, 2024 Construction has begun on the latest development at the thriving Melton West business park in East Yorkshire. The £10m Evolve @ Melton West development will create 85,000 sq ft of prime commercial space for growing companies, in one of the most sought-after business locations in the region. Set within the wider Melton West site, west […] Posted by: Mya Driver Read more
Housebuilder Honey submits plans to deliver £53m, 184 home development in Doncaster Aug 5, 2024 Housebuilder Honey has submitted plans and exchanged contracts on a 16-acre site in Bessacarr, Doncaster, to deliver a £53m, 184-home development. The proposed site, which will be called Opal, is located off Cammidge Way and is adjacent to Bawtry Road. Subject to planning, Opal will comprise a mix of two-, three- and four-bedroom homes and […] Posted by: Mya Driver Read more
Denbighshire Council Advances Multi-Million-Pound Development Plans for Rhyl and Ruthin Aug 1, 2024 Denbighshire County Council is moving forward with plans for extensive development in Rhyl and Ruthin, supported by substantial funding from the UK Government. The projects, aimed at revitalising key areas in both towns, include a variety of infrastructure and public space enhancements. In Ruthin, improvements are planned for St Peter’s Square, Market Street, and Cae […] Posted by: Mya Driver Read more
PLATFORM_ Acquires Prime Bristol Site for New Build to Rent Development Aug 1, 2024 PLATFORM_, a prominent Build to Rent developer, investor, and operator, has acquired a prime riverside site in the heart of Bristol. Located on Eugene Street, just a five-minute walk from Cabot Circus and overlooking the River Frome, the development will feature over 300 new homes. This acquisition is part of the Bristol City Council’s Frome […] Posted by: Mya Driver Read more
Cala Acquires Major Development Site on Glasgow’s Southside Aug 1, 2024 Cala Homes has secured nearly six acres of land on Glasgow’s southside, previously an industrial site, to build over 250 homes. The 5.87-acre plot in Cathcart, once home to ClydeUnion Pumps, was purchased from the US firm Celeros Flow Technology. The new development, named The Foundry, will feature a mix of one, two, and three-bedroom […] Posted by: Mya Driver Read more
Opportunity: Partners Sought for Major Redevelopment at Morecambe’s Frontierland Site Aug 1, 2024 Lancaster City Council is seeking business partners to redevelop the former Frontierland site on Marine Road Central in Morecambe. The council invites bids from commercial leisure, hospitality, and mixed-use developers to transform the seafront location into a vibrant leisure and hospitality destination. This redevelopment aims to leverage the anticipated influx of visitors from Eden Project […] Posted by: Mya Driver Read more
Wates to Retrofit Over 400 Orbit Homes in Sustainable Housing Project Aug 1, 2024 Wates has secured a contract to retrofit 410 homes for housing association Orbit over the next two years, marking a major step in decarbonising Orbit’s housing stock. This partnership aims to enhance energy efficiency across the properties and forms part of a long-term strategy to meet government sustainability targets. This project will add to Wates […] Posted by: Mya Driver Read more
Preferred contractor selected for new Blackpool Multiversity campus Aug 1, 2024 Blackpool Council has selected a preferred contractor to build a new £65m state of the art education campus in the town centre. Morgan Sindall Construction has been chosen as the main contractor on a pre-contract services agreement for the Multiversity, which will bring up to 3,000 students and staff into Blackpool town centre. The Multiversity […] Posted by: Mya Driver Read more
Leumi UK Facilitates £11m Loans for 4C Group’s London Hotel and Camden Development Jul 31, 2024 Leumi UK has approved two loans totalling £11 million to support the investments of hotel investor and operator 4C Group. The financing will aid the group’s projects in the City of London and Camden, demonstrating Leumi’s ongoing partnership with the firm. The first loan adds £5 million to 4C Group’s existing £75 million term facility, […] Posted by: Mya Driver Read more
