Tungsten Properties Bags £8m Basingstoke Site for Progressive Urban Logistics Development

Tungsten Properties has secured a six-acre plot in Basingstoke, Hampshire, at a purchase price of £8 million, marking a strategic step towards the establishment of a new urban logistics scheme. The developer has already sailed through the planning permission stage for the erection of two industrial warehouses on the acquired site. The larger warehouse, dubbed […]

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2,300 Homes and New Commercial Spaces to Transform Portsmouth City Centre

The ambitious City Centre North development project has received unanimous backing in a recent planning committee meeting, paving the way for a major facelift in Portsmouth City Centre. The project, delineated between Hope Street, Charlotte Street, and Commercial Road to the east, is envisaged to metamorphose the northern quadrant of the city centre. This multi-faceted […]

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Wimbledon Expansion: Merton Council Approves Landmark Stadium and 39 New Courts

The prestigious Wimbledon Championships is set to witness a remarkable expansion following a significant nod from Merton Council’s planning committee. The initiative, driven by the All England Lawn Tennis Club (AELTC), encompasses the construction of a state-of-the-art 8,000-seater stadium with a retractable roof, alongside 39 new courts across the road from the existing club, at […]

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HSBC Increases Financial Backing for Ambani’s Stoke Park Project in the UK

HSBC, based in London, has augmented its loan commitment to a segment of Mukesh Ambani’s vast business domain, further deepening its financial ties with Asia’s wealthiest individual. Initially, the bank provided a £60 million ($73 million) loan to a subsidiary of Reliance Industries right after the acquisition of the Stoke Park estate in south-east England […]

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Telford Unveils Plans for 8,500 New Homes in Major Sustainable Expansion

Telford and Wrekin’s updated Local Plan, set for consultation next week, presents an ambitious vision for the borough’s growth, spotlighting three significant areas for sustainable urban expansion. The proposed developments include a site near Shawbirch for 2,100 homes, 3,700 properties off the A442 at Wheat Leasowes, and another 2,700 homes east of Muxton. These housing […]

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Green Light for 58-Acre Former Vauxhall Site Redevelopment in Chalton

The former Vauxhall Aftersales site in Chalton, covering a vast 58 acres, has been approved for redevelopment, with the potential to create up to 1,500 new jobs. Goodman Logistics Developments (UK) Limited, the developer behind the project, has successfully secured permission to amend six of the initial planning conditions. Previously, the site off Luton Road […]

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Sheerwater Regeneration Project Awaits £57.7m Funding

The Sheerwater Regeneration Project, a cornerstone of Woking Borough Council’s urban development initiatives, is on the brink of a significant financial boost. The council has formally approached the government, seeking a hefty £57.7 million to wrap up three pivotal phases of the project. The government commissioners, currently collaborating with the council under its Section 114 […]

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Barnwood Limited lands Nebula contract at Milton Park

MEPC has appointed construction firm Barnwood Limited to build its £40 million, 80,000 sq ft Nebula scheme at Milton Park, a leading science, business and technology park in Oxfordshire. Nebula will consist of seven new research and development units to be built on the eastern edge of the Park. The seven units housed in three […]

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