Construction news

• Go-ahead for London Barbican office to flats project

  11-09-2024 18:56 via constructionenquirer.com
  
  City of London planners had nodded through plans to convert an office block on the edge of the Barbican Estae to over 170 co-living homes.
  Developer HUB is developing the project, known as Cornerstone, in partnership with sustainable and impact investor Bridges Fund Management.
  Designed by Allford Hall Monaghan Morris the project involves converting a seven-storey 1950s office at 45 Beech Street into a residential block for city workers.The retrofit scheme, which will take two years to deliver,
  
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• Traditional builders dominate £800m MMC framework

  11-09-2024 11:02 via constructionenquirer.com
  
  An £800m modern methods of construction framework has been dominated by traditional builders who won 20 out of 22 places
  Winners of the Integrated Traditional Build & MMC framework have been revealed by Procurement for Housing (PfH) and Building Better.
  The alliance of housing associations and councils is working together to boost the use of MMC in social housing.It said 20 traditional construction companies and two MMC firms have been appointed to the new build framework where they wi
  
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• Dubai contractor sells 15% stake in Costain

  11-09-2024 10:35 via constructionenquirer.com
  
  Dubai-based contractor Al Shafar General Contracting Company has sold its 15% stake in Costain for £38m.
  The firm acquired the stake for £25m back in May 2020 as part the UK contractor’s £100m fund raise.
  The ASGC  shareholding is understood to have been placed with institutional investors.A Costain spokesperson said, “We note that the sale by ASGC was increased from their original proposal, reflecting strong demand from other institutions for our shares includ
  
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• Plan lodged for Square Mile’s fifth tallest tower

  11-09-2024 09:25 via constructionenquirer.com
  
  Developer Brookfield has submitted plans to redevelop 99 Bishopsgate in London with a 54-floor tower that would be the Square Mile’s fifth tallest office building.
  Architect RSHP designed the 240m tall scheme, which includes an expansive arcade at the street level rising to 18m and a 6-storey standalone cultural building for public use next to the main tower.
  It would replace a 1976-built 24-floor office block on the site which was damaged after an IRA bomb exploded in the City of London i
  
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• Construction output slide in July ends two-month growth spurt

  11-09-2024 08:47 via constructionenquirer.com
  
  The pace of construction growth in Britain remains volatile as latest Government figures for output in July showed the industry lurched back into contraction.
  The 0.4% fall in output recorded in the General Election month of July curtailed the early summer recovery, which saw a 1.7% increase in May and 0.5% rise in June.
  Small falls in activity were seen in both new work (-0.2%) and repair and maintenance (-0.7%).At the sector level, the drag on growth came from private commercial new work and p
  
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• McAleer & Rushe wants to meet subcontractors across Scotland

  11-09-2024 08:31 via constructionenquirer.com
  
  McAleer & Rushe is looking for new subcontractors across Scotland following a string of work wins.
  The firm is hosting Meet the Buyer event next week to discuss the opportunities available on projects including a 373-unit build to rent scheme in Leith and upcoming jobs in Glasgow and Edinburgh within the student accommodation, residential and hotel sectors.
  Scotland-based businesses of all sizes are invited to attend the event on Thursday 19th September at 200 Renfield Street, Glasgow betwee
  
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• Amazon to invest £8bn in hyperscale datacentres

  11-09-2024 08:15 via constructionenquirer.com
  
  Cloud computing giant Amazon Web Services has today confirmed it plans to invest £8bn to build the next-generation of hyperscale datacentres in the UK.
  AWS said the five-year datacentre investment plan would support around 14,000 jobs per year at local businesses, including those across the supply chain in construction, facility maintenance, engineering and telecommunications, as well as well as other jobs within the broader local economy.
  The location of the new datacentres has not been d
  
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• Laing O’Rourke finance chief to join plastic products firm

  11-09-2024 08:14 via constructionenquirer.com
  
  Laing O’Rourke Group Chief Financial Officer Rowan Baker is leaving the firm to take up the same role at plastic components manufacturer Essentra plc.
  Essentra confirmed the news in a Stock Exchange announcement on Monday as O’Rourke published its latest results showing a return to profit a year after suffering the worst loss in its history.
  Baker has been at O’Rourke since 2020 following stints at McCarthy Stone, Barclays Bank and PwC.She is also a non-executive Director at Vi
  
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• Morgan Sindall pulls off contracts league double

  11-09-2024 00:31 via constructionenquirer.com
  
  Morgan Sindall was the most successful industry-wide work winner in August, topping the monthly contracts league after securing a clutch of orders including Blackpool’s £65m multiversity building at the Talbot Gateway.
  The firm also bagged a £50m-plus project for a major programme to upgrade Marne Barracks in Catterick Garrison, North Yorkshire.
  The barracks, which is currently the home of 5 Regiment Royal Artillery and 32 Regiment Royal Engineers, requires additional infrastru
  
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• Morgan Sindall off pulls contracts league double

  11-09-2024 00:31 via constructionenquirer.com
  
  Morgan Sindall was the most successful industry-wide work winner in August, topping the monthly contracts league with securing a clutch of orders including Blackpool’s £65m multiversity building at the Talbot Gateway.
  The firm also bagged a £50m-plus project for a major programme to upgrade Marne Barracks in Catterick Garrison, North Yorkshire.
  The barracks, which is currently the home of 5 Regiment Royal Artillery and 32 Regiment Royal Engineers, requires additional infrastruc
  
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