Construction news

Go-ahead for London’s largest estate £1bn rebuild

28-02-2024 19:03 via constructionenquirer.com

Plans for the £1bn redevelopment of the Carpenter Housing Estate near the Queen Elizabeth Park in East London.
Newham Council will deliver 2,022 homes through its wholly-owned housing company Populo Living.
Masterplan for Carpenter Estate redevelopment
Around 300 existing homes nearly half of the existing estate will be retrofitted to create the borough’s first Green Zone neighborhood.The masterplan includes over 10,000 sq m of commercial space as a mix of cafes, restaurants, shops,

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Costain trials electric vans on major civils sites

28-02-2024 15:57 via constructionenquirer.com

Costain has completed a major trial of electric vans on major project sites.
The pilot, in partnership with Enterprise Flex E-Rent, tested the use of electric vehicles (EVs) on three projects – the Preston Western Distributor Road scheme in Lancashire, the A30 Chiverton to Carland Cross project near Truro in Cornwall and the A12 widening scheme near Chelmsford in Essex.
Electric vans were used by Costain’s health and safety, environment and laboratory teams, with the vehicles typical

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Taylor Wimpey sees tender inflation fall to 1%

28-02-2024 09:02 via constructionenquirer.com

The country’s second biggest house builder Taylor Wimpey has seen build cost inflation almost disappear so far this year.
The firm said the prevailing underlying annualised build cost inflation on new tenders was now running at 1%.
And this had been pinned down to zero when taking into account savings arising from the house builder’s value improvement programme.
This compares to underlying build cost inflation in 2023 was of 8.5%.Announcing year-end results that saw operating pr

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Rye Demolition goes into administration

28-02-2024 08:44 via constructionenquirer.com

Bedfordshire based Rye Demolition has gone into administration.
The specialist is now in the hands of administrators from Voscap Ltd.
Rye Demolition was established in 2006 by Managing Director Simon Barlow and has built up a strong reputation across London and the South East of England.Latest accounts for the company for the year to April 30 2023 show a turnover of £11.1m generating a pre-tax profit of £123,413.
One of Rye’s most recent jobs was demolition work at the former S

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Volumetric builder Tide seals deal to start London tower

28-02-2024 08:12 via constructionenquirer.com

Developer and volumetric offsite specialist Tide Construction has secured a forward funding deal to start work on a 32-storey co-living tower in West London.
The 462-unit tower will be operated by Outpost Management under its Enclave brand, after agreeing a £105m funding deal.
It is the third asset to be acquired by the firm’s joint venture with BlackRock Private Markets, through its Real Estate business.Tide is delivering the project using its offsite manufacturing arm, Vision.
John

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