Construction news

• Kier launches £80m JV to build 2,000 homes by 2027

  22-06-2022 23:33 via constructionenquirer.com
  
  Kier Property and social impact investor Housing Growth Partnership have teamed up to develop residential-led mixed regeration schemes.
  The five-year deal, worth £80m on a 50:50 joint basis, will focus on residential developments in urban brownfield sites, at first across the South East of England.
  The partnership will acquire sites with or without full planning permission and target building 2,000 homes for sale and rent by 2027.
  Part of Lloyds Banking Group, HGP is focused on providing s
  
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• Midgard drives recovery at JRL Group

  22-06-2022 21:42 via constructionenquirer.com
  
  Diversified construction group JRL has recovered from a pandemic dip delivering strong revenue and profit growth at its main contracting business Midgard.
  In a year of recovery JRL also expanded from its south east territory winning major projects in Birmingham and Manchester as it sought to reduce dependence on the private residential market in London and the south east.
  Chairman John Reddington said: “The build to rent sector is flourishing in the UK and we have a significant presence in
  
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• Design change sees 70,000 cubic metres of concrete cut on HS2 stretch

  22-06-2022 21:33 via constructionenquirer.com
  
  HS2’s designers have reduced the length of wall structures for the railway at Streethay near Lichfield from 1.6 kilometres to 420 metres meaning 80% less concrete will be needed on the site.
  The move will save around 70,000 cubic metres of concrete – the equivalent to 6,700 concrete mixer lorry loads – and around 420,000 tonnes of carbon.
  The railway will pass through Streethay in a cutting and the shortening of the retaining structures also means local residents will experienc
  
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• Flowforma raises €4m and creates 70 new jobs

  22-06-2022 15:33 via constructionenquirer.com
  Software specialist FlowForma has raised €4m from new and existing investors in a funding round which will see the launch of a next-generation product scheduled for end-of-year release.
  To support the strategy, Colm Heffernan, previously Chief Operating Officer at Fenergo, has been appointed as Chairman, bringing a decade’s experience in growing global businesses to the company.
  The Irish firm will increase employee numbers from 30 to 100, with new roles across all areas of the busine
  
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• Subcontractors and suppliers wanted across the Midlands

  22-06-2022 13:43 via constructionenquirer.com
  
  Constructionline is bringing its Meet the Buyer programme to Derby next week to highlight work opportunities across the Midlands.
  The event at Pride Park Stadium on June 29 will allow buyers to connect with suppliers and subcontractors across the region.
  Big name looking to boost their supply chain will include Kier, Glencar Construction, VINCI Facilities, Imtech Engineering Services, GMI Construction Group, Keltbray, Seddon and Stepnell.Constructionline Managing Director, Stefano Mattiello, sai
  
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• Contract race starts as cost of giant aqueduct job hits £1.75bn

  22-06-2022 09:04 via constructionenquirer.com
  
  United Utilities has published an official contract notice for the upgrade of the 110km Haweswater Aqueduct from Cumbria to Greater Manchester.
  The estimated cost of the Haweswater Aqueduct Resilience Programme is £1.75bn – way above the original estimates of £1bn.
  Work involves the replacement of six tunnel sections of the existing aqueduct and ongoing maintenance of those works for the next 25 years.The job will be contracted using a reinvented design, build and finance model
  
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• Springfield buys rival Scottish house builder for £46m

  22-06-2022 08:41 via constructionenquirer.com
  
  Leading Scottish house builder Springfield has struck a deal to buy rival Mactaggart & Mickel Group for £46m.
  Under the terms of the deal, Springfield will acquire 17 sites with planning permission for around 700 homes, valued at £230m.
  The deal also includes Timber Systems, a timber frame factory near Glasgow, which will give Springfield a second timber frame factory allowing it to increase capacity for future growth. Around £10m will be paid upfront with further
  
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• Caddick starts on Star Wars bar office scheme

  22-06-2022 08:38 via constructionenquirer.com
  
  Caddick Construction has been appointed by Radius Payment Solutions to build its futuristic new £14.6m office complex at Arden Square on Crewe Business Park.
  The three-storey structure will have a focus on employee wellbeing with design features including a Star Wars themed sky bar and outdoor seating and yoga area, barista coffee bar and pizzeria, all built around  an eye-catching conical shaped glazed atrium.
  Caddick is now on site with the project due to complete in the summer of 2
  
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• Costain bets on hydrogen infrastructure

  22-06-2022 08:05 via constructionenquirer.com
  
  Costain has become a founding member of a ground-breaking consortium that aims to develop hydrogen infrastructure for shipping and aviation in the Westcountry.
  Hydrogen Southwest partnership involves nine leading organisations covering aerospace, shipping, hi-tech engineering, and public utilities.
  Focusing on key sectors such as shipping, aviation, and housing as well as industry, the consortium includes easyJet, Airbus and  Hynamics (EDF); industrial heavyweights GKN Aerospace; consu
  
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