Construction news

• Plans in for Lendlease £1.9bn Birmingham Smithfield scheme

  25-01-2023 21:41 via constructionenquirer.com
  
  Lendlease has submitted plans for the massive £1.9bn redevelopment of the Smithfield Market site in Birmingham city centre.
  The hybrid planning application sets out plans for 3,500 homes in the area alongside nearly 1.3m sq ft of shops and workspace.
  More than 50 new buildings form part of the masterplan drawn up by architect Prior + Partners, along with a flight of other architects working up detailed building plans in phase one.
  Plans include two public squares – ‘Festival Sq
  
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• Mace on board for £440m Manchester Airport upgrade

  25-01-2023 14:48 via constructionenquirer.com
  
  The latest investment plans for Manchester Airport have been given the green light with Mace on board to manage the work.
  The second phase of the Manchester Airport Transformation Programme will see £440m invested in the remainder of Terminal 2 being modernised and a second pier built.
  The first phase of the £1.3bn programme was competed in July 2021 and saw Terminal 2 more than double in size.Phase two will double the size of the existing departure lounge, with a wider selection of
  
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• Van Elle soars to record revenue in first six months

  25-01-2023 09:12 via constructionenquirer.com
  
  Piling specialist Van Elle saw revenues in the first half jump by over a third to £80m helping to deliver operating profit ahead of last year.
  The house building market delivered strong demand, resulting in 38% of total revenue, while infrastructure and general construction markets also continued to show good growth, with improving order levels and contract activity.
  This trading improvement lifted pre-tax profit to £3.3m from £1.9m a year before.Chief executive Mark Cutler sai
  
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• Watchdog blasts “rushed” UK Infrastructure Bank

  25-01-2023 09:05 via constructionenquirer.com
  
  Watchdog MPs on the Public Accounts Committee have raises questions about the independence, strength and value of the first deals made by the new UK Investment Bank (UKIB).
  The UKIB was launched in 2021 to “partner with the private sector and local government to increase infrastructure investment.”
  The report released today said it was “created in a rush at Ministers’ insistence, which meant it operated with weak financial governance and very close to the Treasury for its
  
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• Work starts on BSI Kitemark for MMC homes

  25-01-2023 08:42 via constructionenquirer.com
  
  The Department for Levelling Up Housing and Communities has commissioned work to create a new UK-wide standard for Modern Methods of Construction.
  Ministers hope changes will encourage greater adoption of MMC by levelling the playing field with traditional home building.
  A universally recognised British Standard will broaden choice and access to product warranties, insurance and mortgages – reducing costs for home builders and buyers of MMC built homes.This week, industry representatives w
  
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• Inland Homes losses now set to hit £91m

  25-01-2023 08:38 via constructionenquirer.com
  
  Inland Homes has increased predictions of pre-tax losses for the year to 30 September 2022 to £91m.
  The house builder warned losses would be £37.1m in a trading update last September as it launched  a strategic review of the business led by financial advisors Lazard & Co.
  Predicted losses have now soared again including provisions at the contract income division which delivers partnership housingrising from £15.4m to £28.8m following a further review of all remai
  
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• Plans in for Stoke on Trent city centre mixed-use scheme

  25-01-2023 08:28 via constructionenquirer.com
  
  A major regeneration scheme in the city of Stoke-on-Trent that is set to fuel growth in the city has taken a step forward after a hybride planning application was submitted.
  The council-led two-phase Etruscan Square development will deliver nearly 300 homes, a hotel and a 3,600-capacity arena in the Hanley area of the city centre.
  (l-r) Hanley regeneration plan includes a multi storey car park, arena and nearly 300 flats
  The regeneration plan is also supported by a separate planning application
  
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