Built Environment Networking Blog: Construction News

Cardiff’s Iconic Howells Building Undergoes £100m Transformation

Developer Thackeray has unveiled a series of images showcasing the anticipated look of the £100m redevelopment of Cardiff’s renowned Howells building. The retail component of this revamped structure will be christened Hayes @ Howells, boasting 15,000 sq ft of space tailored for upscale tenants. Notably, House of Fraser was the sole occupant of this building […]

Posted by: Mya Driver

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£22 million funding for Hilton Hotel renovation

Arc & Co, a specialized debt advisor, has successfully obtained a £22 million facility from OakNorth Bank to finance renovation projects for the Hampton by Hilton hotel situated at Edinburgh Airport. The senior commercial loan, with a duration of three years, is secured against the hotel itself and operates on an interest-only basis.Ability Hotels, the […]

Posted by: Mya Driver

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£24.3 Million Revamp Propels Lowestoft Towards Cultural Hub Status

A bold vision to revitalise Lowestoft’s town centre with an injection of £24.3 million aims to usher in a new era of vibrancy and cultural prominence, as plans for the ambitious Cultural Quarter undergo scrutiny this month. The transformative project, bolstered by a significant investment, envisions the creation of state-of-the-art amenities including a new 80-seater […]

Posted by: David Gilbank

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£300m development portfolio – Aitch Group diversify in challenging market with new land sought

In 2022, property developer Aitch Group spend £70 million on land across four London boroughs including Brent, Waltham Forest, Greenwich and Southwark. This added a further £300 million (GDV) to the Aitch Group development portfolio. With immediate funds available, Aitch Group are now seeking more land for development in 2023 and onwards – specifically sites […]

Posted by: Mya Driver

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£80million Telford Station Quarter scheme to be showcased at UKREiiF

An £80million scheme to transform the heart of Telford is to be showcased at a major national development and investment event. Telford & Wrekin Council’s ambitious scheme to create a vibrant new residential, educational and business community in the heart of Telford – including an academic campus focused on digital skills and enterprise – will […]

Posted by: David Gilbank

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5,000 new homes, £2 billion: 40 integrated retirement communities

Retirement Villages Group (RVG), owned by AXA IM Alts, has revealed the concept for its future collection of Integrated Retirement Communities, which it says will deliver the critical change needed to cater for the UK’s growing, ageing population. Thrive Living is largely an urban or peri-urban concept which aims to regenerate local communities and town […]

Posted by: Mya Driver

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AJC Group pledges to build 500 affordable homes in five years

Dorset-based AJC Group has committed to raising £10,000 for a local homelessness charity, while pledging to build 500 new affordable homes across the Wessex region by 2028. The housebuilder currently has 173 private and affordable homes under construction, with a strong land pipeline located across Dorset, Hampshire, and Somerset, capable of achieving 500 new affordable […]

Posted by: Mya Driver

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Atkins draws top talent to boost infrastructure growth ambitions

Atkins, part of the SNC-Lavalin Group, has announced three senior appointments drawing from top talent across the industry, to bolster its position as one of the UK’s leading engineering, planning and design consultancies. The key appointments of Andrew Jones, Richard Bonner and Dr Deb Upadhyaya in the Infrastructure division of the business, will drive forward […]

Posted by: Mya Driver

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Aware Super buys Qatari Diar stake in Get Living

Australian superannuation fund Aware Super has entered the UK’s burgeoning Build to Rent (BTR) market by purchasing Qatari Diar’s 22% stake in Get Living PLC, the country’s most experienced and pioneering developer and operator of large scale BTR neighbourhoods. Subject to final contract completion, Aware Super will join existing investors APG and DOOR (a residential […]

Posted by: Mya Driver

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Belfast Harbour’s £60m City Quays 5 Project Approved

Belfast Harbour has received planning permission to proceed with the construction of a nine-storey building, the latest addition to its City Quays project. The development, which will primarily consist of office space, will feature hospitality facilities on the top floor and retail units on the ground floor. This marks the fourth phase of the City […]

Posted by: David Gilbank

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Birmingham Smethwick Corridor to create major regeneration opportunity

A plan for the regeneration of the Smethwick to Birmingham Corridor is going to cabinet for approval this week, providing a strategy for housing, transport and local heritage as the area is redeveloped. The Smethwick to Birmingham Corridor Framework promotes a co-ordinated approach to regeneration within the area encompassing Birmingham Mainline Canal, City Hospital and […]

Posted by: Mya Driver

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