Construction news

• HG Construction wins £68m Old Kent Road resi towers

  26-09-2024 14:29 via constructionenquirer.com
  
  Developer Avanton has selected HG Construction as main contractor for a £68m deal to build a residential scheme on the Old Kent Road in south London.
  Work will start imminently on the 262-unit development, named ‘THE BeCa’ which has a project GDV of £160m.
  The former Carpetright warehouse site at 651 Old Kent Road will feature two towers reaching 10 and 19 storeys high designed by architects Farrells.The development will also offer over 10,000 ft of retail space with Sain
  
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• Blackstone to invest £10bn in North East datacentre

  26-09-2024 08:35 via constructionenquirer.com
  
  Investment giant Blackstone has confirmed plans to pump £10bn into Europe’s biggest AI data centre in in Blyth, Northumberland.
  Work at the the former proposed site of the doomed Britishvolt battery plant will create 1,200 construction jobs.
  Building work is expected to begin next year with Blackstone also investing £110m on improving transport infrastructure in the area.Jon Gray, President and Chief Operating Officer of Blackstone, said: “The UK is a top investment marke
  
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• Blackstone to invest £10bn in North East data centre

  26-09-2024 08:35 via constructionenquirer.com
  
  Investment giant Blackstone has confirmed plans to pump £10bn into Europe’s biggest AI data centre in in Blyth, Northumberland.
  Work at the the former proposed site of the doomed Britishvolt battery plant will create 1,200 construction jobs.
  Building work is expected to begin next year with Blackstone also investing £110m on improving transport infrastructure in the area.Jon Gray, President and Chief Operating Officer of Blackstone, said: “The UK is a top investment marke
  
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• Van Elle says ISG hit contained at under £100,000

  26-09-2024 08:27 via constructionenquirer.com
  
  Piling and ground engineering specialist Van Elle has revealed that the hit from the collapse of ISG is likely to be under £100,000.
  The firm will report its limited exposure to the fall-out at its annual general meeting today.
  Van Elle said that while market conditions in the first four months of the new financial year were challenging across all sectors, there were early signs of a recovery in the housing market. It said that increased enquiry levels and order intake would translate into
  
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• Byrne Bros looking to build on positive results

  26-09-2024 08:08 via constructionenquirer.com
  
  Concrete frame contractor Byrne Bros is predicting another good year after latest results revealed a healthy jump in turnover and profits.
  Results for the year to June 30 2024 for Byrne Bros. (Formwork) Ltd show turnover up to £85.3m from £64.6m last time as pre-tax profits increased to £4.2m from £2.8m.
  Philip Beausang, Managing Director, said: “The results demonstrate the strength and unity of our team who have worked tirelessly over the past year to position Byrn
  
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• GMI wins £60m Manchester boutique hotel

  26-09-2024 07:59 via constructionenquirer.com
  
  Contractor GMI will start work in the next few weeks on a £60m boutique hotel scheme near Manchester Airport after planners gave the project the green light.
  The 154-bedroom Dakota hotel will be located off Enterprise Way on a three-acre plot at Mix Manchester is expected to inject approximately £12m per annum to the local economy.
  Designed by KPP Architects, the new Dakota Hotel will also include a premium bar and brasserie.
  The 80,000 sq ft hotel will be the second in Manchester fo
  
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