Construction news

• £55m Sheffield build-to-rent scheme approved

  16-04-2024 17:00 via constructionenquirer.com
  
  Manchester developer Beech Holdings has secured planning permission for a £55m build-to-rent scheme on Meadow Street in Sheffield.
  The Sheffield Gardens development, designed by architect Leach Rhodes Walker, will deliver 158 flats and a large, private gym, external landscaped courtyard, and roof-top gardens.
  Works will begin in the last months of 2024 with the demolition of the current dilapidated and unused commercial buildings on site.Chief executive Stephen Beech said.“This is a
  
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• Contract race starts for next £155m section of A9 dualling

  16-04-2024 16:12 via constructionenquirer.com
  
  Transport Scotland has started the contract race for the next section of the A9 Dualling programme.
  A Prior Information Notice (PIN) for the Tay Crossing to Ballinluig project has now been published alerting contractors and their supply chains to the next opportunity on the project.
  The £155m contract will be procured as a design and build deal and involves upgrading approximately 8.2km of existing single carriageway, commencing just north of the Jubilee Bridge over the river Tay and endin
  
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• London back as most expensive place to build in world

  16-04-2024 11:08 via constructionenquirer.com
  
  London has regained the dubious distinction of once again being the most expensive city in the world in which to build.
  According to the latest Arcadis  International Construction Costs report, London has leapfrogged Geneva to achieve the top spot among 100 global cities.
  Prices were pushed upwards because of enhanced specifications associated with safety and sustainability, as well as higher client expectations.
  Another Swiss city Zurich ranked third with Munich taking fourth after rising
  
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• Steel contractor Billington launches into bridge market

  16-04-2024 09:16 via constructionenquirer.com
  
  Steelwork specialist Billington is launching into the bridge market after delivering a record financial performance last year.
  This morning Billington chief executive Mark Smith revealed the firm had saved the jobs of at least 14 staff from failed bridge and architectural specialist SH Structures.Among those moving over from SH Structures is managing director David Perry.Smith said Billington would use the acquisition of the North Yorkshire firm’s specialist skills to take its existing spe
  
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• McGee employees benefit from rise in profits

  16-04-2024 08:54 via constructionenquirer.com
  
  Staff at McGee are set for a bonus payout after profits doubled at the specialist engineering contractor.
  Latest results for the year to 30 November 2023 show pre-tax profits up to £12.4m from £6.1m last time on turnover up to £121.8m from £83.3m.
  Cash at the bank also increased to £14.6 million from £10.3m as the business remains debt-free, other than equipment funding.
  McGee became employee owned through an Employee Ownership Trust back in 2020.The latest re
  
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• Gas supplier Regent to buy TClarke for £90m

  16-04-2024 08:33 via constructionenquirer.com
  
  Business gas supplier and connections specialist Regent is buying building services contractor TClarke for £90m.
  The listed contractor confirmed the acquisition plan in a Stock Exchange announcement this morning and its directors will be recommending the deal to shareholders.
  The 160p-per-share offer represents a 28% premium to TClarke’s closing share price of 125p yesterday.TClarke directors believe their business has been undervalued by the market and the Regent offer “presen
  
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• Costain signs site labour supply deal with four firms

  16-04-2024 08:12 via constructionenquirer.com
  
  Costain has signed a site labour supply deal with a quartet of firms.
  Danny Sullivan Group, VGC, Hercules and Carmichael have been selected to form Costain’s new Integrated Labour Team (ILT.)
  The ILT will become the Costain’s first point of contact for any temporary labour supply requirement for any project, across all sectors in which it operates.Costain’s head of supply chain, Sarah Thomas, said: “Our partnership with the ILT brings added value and benefits to Costain a
  
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• Trio win new Scape utilities consultancy framework

  16-04-2024 08:05 via constructionenquirer.com
  
  SCAPE has appointed three firms to two new utilities consultancy frameworks that could deliver up to £1.25bn of investment across the country.
  Consultants Perfect Circle, AtkinsRéalis and Arcadis have secured places on the framework designed to help clients in the broader utilities sector shape their investment programmes and projects, while supporting the delivery of low-carbon infrastructure and sustainability targets.Utilities consultancy frameworks
  England, Wales, and Northern I
  
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