Willmott Dixon has been selected to deliver phase three of the Orchard Village scheme in Rainham that will see the creation of hundreds of new homes and jobs in the trades.
Old Ford Housing Association, part of affordable housing provider Circle Housing Group, is responsible for the £80 million masterplan to replace the 1960s-era high-rise Mardyke estate with Orchard Village, which was recently listed by Inside Housing as one of its Top 50 UK Affordable Housing Developments for 2013.
The third phase of Orchard Village will see Willmott Dixon build 87 homes, with 29 available for affordable rent, 28 for shared ownership and 30 for sale.
This latest deal means that Willmott Dixon will have been involved in all three phases of the village, which is replacing 516 homes with 555 new homes comprising 339 general needs, 64 shared ownership and 152 private sale properties. There are also local shops and a new Primary Care Trust facility.
Orchard Village’s creation is a six year process, with completion by 2015. During that time, Willmott Dixon will have demolished six tower blocks and ten low rise blocks and replaced them with lower rise, more family-friendly homes.
Charlie Scherer, chief operating officer at Willmott Dixon’s housing company said: “We’re very proud of our role in building Orchard Village, which will offer a fantastic living environment to so many people.
“During phases one and two, our community engagement was a key feature, so much so that we were recently one of only a few projects in the UK that won a Considerate Constructor Scheme gold award. This is an ethos that will very much continue as we start phase three.”
New homes and jobs are being created in Telford as part of a £11 million project by Sanctuary Group that will see the building of hundreds of new homes in the area.
The leading housing and care provider is developing 86 extra care apartments for over 55s as well as 12 apartments specially designed for people with learning difficulties, in Ketley.
A 500-strong workforce has begun work on the Ketley Park Road site as part of a £60 million partnership with national contractor Seddon to build more than 700 new homes in the Midlands.
Councillor Hilda Rhodes said: “This is an excellent scheme which very much reflects the council’s drive to support businesses and I was delighted to kick start the work on the site. I look forward to seeing the projects develop in the months to come.”
David Charmbury, area manager with HCA, said: “The HCA is pleased to be working with our strategic partners and making investment into this scheme.
“Not only will the development cater for local need, it will also provide much needed economic and employment benefits for the borough and complete another key component of the wider Telford Millennium Community.”
The new extra care scheme, set in landscaped gardens, will feature communal facilities including a restaurant, lounge, gym and hair salon.
Sanctuary’s development, Andrew White, said: “This is an ambitious project which will create much needed homes for older people in this part of Ketley. Sanctuary is dedicated to creating new jobs and apprentice posts at all our developments and this site is no different.”
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Business and Energy Minister Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry.
The OWIO is expected to boost the UK offshore wind industry alongside Government support for three offshore wind innovation projects as well as pave the way for new employment opportunities in the trades.
Energy Minister, Michael Fallon said: “Offshore wind is a major success story for the UK, and we want to boost levels of inward investment. This will be an important part of our industrial strategy for the sector later this year, and we are creating the Offshore Wind Investment Organisation to drive that activity.
“We already have more installed offshore wind than anywhere else in the world, and this brings enormous economic benefit to our shores, supporting thousands of skilled jobs.
“Through the formation of this industry-led partnership and through our support for innovation projects, we will boost the positive benefits that the offshore wind sector can bring to the UK economy.”
The OWIO is one of the recommendations of the forthcoming industrial strategy and will be headed by a senior industry figure. The organisation will be a partnership between industry and Government, established by UK Trade & Investment, that will complement the work of DECC and BIS in delivering the Government-wide offshore investment objectives.
Michael Fallon also announced three innovation projects that Government will support as part of Offshore Wind Components Technologies Scheme:
- Power Cable Services Limited, based in Kent, have been awarded a £540,000 grant towards their high voltage subsea cable jointing technology project
- Aquasium Technology Ltd with partners Burntisland Fabrications Ltd and TWI have been awarded a grant of £769,600 towards their cost-effective fabrication project.
- Wind Technologies Ltd (Cambridge) have been awarded a £728,355 grant to design, manufacture and test an innovative 5MW medium speed drive train concept.
The Minister announced the support during his keynote speech to Renewable UK’s Offshore Wind 2013 conference in Manchester today.
Industry delegates at the conference are also able to attend the first ‘Share Fair’ session enabling them to hear about investment opportunities from major players in the market. This addresses one of the priorities identified by the offshore wind industrial strategy partnership between Government and industry.
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An extra £1.3 billion has been spent on building affordable homes, new health facilities and schools in the past year, the Welsh government has said.
Jane Hutt said that despite cuts to the capital Budgets, the Welsh Government has focused on important priorities of creating new jobs and boosting economic growth.
Ms Hutt said: “The additional investment we have made from capital reserves, totalling almost £462m, in the short term has the potential to create around 8,000 jobs during construction phases. In the longer term, this will boost growth and support the delivery of more efficient public services.
“In addition we have continued to work across the Welsh Government to maximise our opportunities. For example, we have worked to develop an Infrastructure Priority in the 2014 – 2020 European Structural Fund Programmes.
“A potential £1.8bn source of investment which could make a significant contribution to the delivery of our key priorities.”
The additional infrastructure investment in Wales will see a number of construction schemes underway including the Local Government Borrowing Initiative to the 21st Century Schools programme and completion of the A465 through a non-dividend investment vehicle
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The schemes backed by the London Enterprise Panel (LEP) are in areas where ambitious regeneration plans are in place and where transport infrastructure will help unlock significant economic growth.
These schemes are set to deliver improved rail links between Tottenham Hale and the Upper Lee Valley; major road improvements in Bexley and support Ealing to harness the economic opportunities coming from Crossrail.
Collectively the projects could safeguard existing or create an estimated 45,000 jobs, support the construction of tens of thousands of homes and attract significant private investment into deprived areas.
The LEP’s adoption of these bids is a significant milestone for these projects and the proposals will now progress to a final stage, including more detailed work developing business cases, technical modelling and delivery mechanisms.
The Mayor of London, Boris Johnson, said: “Transport links are a vital precursor to economic development. This money is earmarked for investment into transport schemes which have significant potential to stimulate growth and job creation.
“I welcome the London Enterprise Panel’s assessment of which projects are best placed to do this and City Hall will now be working with the bid teams to progress these ambitious proposals.”
The bids approved by the London Enterprise Panel will provide extra services at Northumberland Park and Tottenham Hale, improving rail links between Stratford, the Upper Lee Valley and beyond including Stansted Airport.
Collectively with Angel Road Station improvements, this will support the commencement of the Meridian Water development and regeneration at Northumberland Park where there are plans for an estimated 3,500 homes and 500 jobs.
It will also support the development of an estimated 15,700 new homes, 21,900 new jobs in the Lee Valley and up to 15,000 jobs in adjoining areas.
£2.5 million allocated to upgrade Angel Road station and support regeneration in Enfield (bid from Enfield Borough Council). Angel Road station is vital to the regeneration of Enfield and specifically to support the Meridian Water development and regeneration in the Lower Lea Valley more widely.
Station improvements will increase passenger capacity through an enhanced commuter rail service and boost employment across wide range of trades in the building construction industry.
The Government is going to build thousands of homes at stalled housing sites and create new construction jobs through a multi-million investment package set to kick-start the economy and boost the trades.
Today, Housing Minister Mark Prisk confirmed that 14 major housing schemes across the UK will benefit from the investment that can start building up to 38,000 new homes.
A share of the Local Infrastructure Fund, which has a total budget of £474 million, will create thousands of jobs for local communities and people in the trades across the country.
The funding programme is targeted at large-scale sites of over 1,500 homes that could deliver real benefit to their communities.
Housing Minister Mark Prisk said: “This government is determined to get Britain building again. That’s why we are working with local housing schemes that have their plans in place, but need help to move forward.
“Our support through the Local Infrastructure Fund will help deliver the homes this country needs, create thousands of jobs and inject millions of pounds of investment into local economies.”
Homes and Communities Agency Chief Executive, Andy Rose, said: “This investment from the Local Infrastructure Fund is about building momentum behind some of those larger locally-backed housing developments to accelerate the supply of new homes.
“There is work to be done to ensure these bids deliver value for money for the taxpayer and fit with local priorities, but I am looking forward to getting out on site and seeing progress on successful bids in the months ahead.”
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Construction unions have signed a ground breaking industrial relations agreement to build a new nuclear power station at Hinkley Point that will employ 5,000 workers at the peak of construction.
The project will be the largest single site construction project in Britain. The Civil Engineering Sector Agreement has established pay rates for the workforce which is significantly above those agreed by the Construction Industry Joint Council.
It has been confirmed that a minimum craft rate of £13 an hour for civil engineering work and additional bonus payments to workers on site will establish the job as the best-paid site in the UK.
After months of negotiating, unions UCATT, Unite and GMB have secured agreement with the client EDF Energy and the principal contractors Bouygues Laing O’Rourke for a Common Framework Agreement which addresses how industrial relations will be managed and a Civil Engineering Sector Agreement.
The agreement also makes clear that the training of traditional apprenticeships and adult trainees will be a priority. A target of training at least 500 apprentices and adult trainees during the lifetime of the project has been set.
In an important step to combat casualisation and poor productivity the site will only directly employ workers through PAYE. For the first time in such an agreement there will also be strict rules placed on the recruitment of workers through employment agencies.
A top of the range occupational health scheme will be established to help ensure the short-term and long-term health of the construction workforce.
The agreement also sets out provision for a bonus scheme, a productivity scheme and milestone payments, which has laid the foundations for the best paid construction project the industry has seen.
Steve Murphy, General Secretary of construction union UCATT, said: “This ground breaking agreement will ensure that workers building Hinckley Point will receive excellent rates of pay and first class conditions. This agreement will act as the blueprint for all future major construction projects.”
Kevin Coyne, Unite National Officer for Energy and Utilities, said: “A new nuclear power station at Hinkley Point will be a significant milestone towards meeting Britain’s low carbon energy needs.
“We’re pleased that progress towards a greener future is also characterised by good pay and conditions for thousands of highly skilled workers. The agreement reached between the unions and employers is the result of intense but constructive negotiations.
“This agreement sends a clear message to the rest of the construction industry that good productive relationships can deliver positive results. The unions and employers have made real progress in laying the right foundations for this important project. It is now time for the government to stop delaying and give EDF the certainty it needs so the company can get on with the job of meeting the UK’s energy needs.”
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Britain’s Olympics has delivered a £2.5 billion boost in foreign direct investment (FDI) over the past year, bringing with it more than 31,000 jobs, according to preliminary figures published today.
The investment projects generated following the 2012 Olympics’ British Business Embassy programme of global business summits have helped ensure that the UK has again retained its position as the leading European destination for foreign direct investment.
The preliminary data published today at the Global Investment Conference shows that during 2012-13, UK Trade & Investment (UKTI) recorded 1,462 projects which brought with them or safeguarded 163,489 jobs. Of these 58,170 are new jobs – beating both the quantity of investment attracted and employment secured in the previous year.
The Prime Minister, David Cameron joined other high profile delegates from 40 countries at the Global Investment Conference, including the German and Canadian finance Ministers, Managing Director of the International Monetary Fund Christine Lagarde, global chief executive officers, sovereign wealth funds representatives and corporate investors.
Senior Ministers Chancellor George Osborne, Energy Secretary Ed Davey, Trade Minister Lord Green, Treasury Ministers Greg Clark and Lord Deighton and London Mayor Boris Johnson also spoke to delegates about the UK’s compelling offer as both a hub for global growth and an international investment destination.
Trade and Investment Minister Lord Green said: “Foreign investment creates hundreds of thousands of jobs and helps to increase the productivity and competitiveness of the UK economy. It’s a vital strand of the Government’s plan for growth.
“The 2012 Olympics were a once in a generation opportunity for the UK to showcase to the world Britain’s compelling investment offer and these preliminary figures are very encouraging. Despite strong competition from our traditional competitors and emerging economies, Britain has retained its position as the leading destination for foreign direct investment in Europe.
“To retain the UK’s enviable position as one of the most attractive global locations of choice, Britain will need to continue to work hard to attract high value foreign investment in the coming year and beyond.“
The preliminary data published today compares favourably with last year’s 1406 recorded projects (4% increase) and 112,659 jobs (45% increase). Of the 163,489 jobs, 58,170 are new jobs and 105,319 safeguarded jobs. UKTI and its partners were involved in delivering nearly 84% of the projects. Full results will be published in July.
Transformation works at the former Olympic Stadium in Stratford have been given the go-ahead, paving the way for new jobs and boosting the trades.
The Legacy Corporation’s planning decisions committee granted permission for the original structure to be transformed into a 60,000-seater venue with a capacity of 80,000 for concerts.
Sir Robin Wales, Mayor of Newham, said: “This is fantastic news and we will work hard to make sure our residents have access to the jobs created by the construction project as well the Stadium itself once it opens. Queen Elizabeth Olympic Park is beginning to take shape and the progress that’s been made so far is impressive.”
The multi-purpose venue, which has Premier League club West Ham United confirmed as an anchor tenant, will host Rugby World Cup matches in 2015 and the 2017 World Athletics Championships.
Subject to a referral to the Mayor of London, work will begin later this year on the proposed alterations, which include introducing retractable seating in the lower tier and a new extended roof design to cover the new seating, as well as the re-use of the iconic lighting towers.
Dennis Hone, Legacy Corporation chief executive, said: “This is an important milestone that paves the way for the Stadium’s intended legacy use as an all-year-round venue.
“As we prepare for the phased re-opening of Queen Elizabeth Olympic Park this summer, with the long-term future of all eight permanent venues on the Park now secure, we remain firmly on track to deliver a meaningful physical and social legacy for Londoners.”
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The launch marked the official start of the latest major project in Cardiff Bay, which includes a new Olympic standard, twin-pad ice arena and Cardiff Pointe, a sustainable residential quarter consisting of around 800 new homes.
Future stages will also include a 150 million indoor ski-slope, one of the world’s largest indoor snow play centres, a stunning mixed-use tower that will be the tallest in Wales, gallery space, a hotel, retail outlets, housing and office accommodation.
Cardiff Council leader, Heather Joyce, said: “This development will not only look fantastic but will also create thousands of jobs, attract tens of thousands more visitors to the city and provide homes – including affordable homes – for people in Cardiff.
“The end results will be state-of-the-art facilities that everyone can use, including, crucially, two ice rinks which will provide a new home for the Cardiff Devils and offer people a range of winter sports to try out. This will all go a long way to enhancing Cardiff’s reputation as a world class sporting capital city.”
Jonathan Smith Director at Helium Miracle 113 said: “We are immensely proud of the Sports Village’s design and content, which follows the high standard set by the Cardiff Pointe residential quarter. We believe the new facilities will strengthen Cardiff’s reputation as a forward-thinking, cosmopolitan centre of sports, culture and housing.
“The benefits to the area will be enormous and tangible: not only will Wales gain a Centre of Excellence for Winter Sports, available to professionals and the public alike, but we will be extending both Cardiff’s tourism season and catchment area; and employing, conservatively, over 1,600 people from the local area.”
The investment from the Homes and Communities Agency (HCA) is intended to unlock the development of the long-awaited new community of Sherford, which is anticipated to bring 5,500 new homes and create 5,000 jobs.
The development is expected to generate around £1billion in development expenditure to the area and provide an economic boost worth around £2billion.
Subject to the agreement of legal terms, the investment would be used by a development consortium led by Red Tree to start work on the development and begin a series of important road and utilities improvements to accommodate the early phases of house building.
The funding, unveiled by housing minister Mark Prisk, is set to kick-start construction of houses and community facilities at the new town of Sherford.
The scheme will also include 893,000 sq ft of employment space as well as schools, a town hall, swimming hall and community park.
Colin Molton, HCA executive director for the South and South West, said: “The new community of Sherford is an incredibly important project, because it will go a long way towards meeting the significant need for new homes in Devon and Plymouth and provide a major boost for the economy.
“It is a complex development, which has taken years to bring to this stage. It is fantastic news that investment has been approved which will support the development of the sustainable new community of Sherford. I look forward to seeing work start on the project soon.”
Plymouth City Council leader Tudor Evans added: “For every home built, one and a half permanent jobs are created. This is not just good news for the construction industry, it’s good for the wider supply chains and the businesses and shops that will all begin to see new customers as this new community begins to take shape.”
Speaking at the conference, Mr Davey called on Scotland to remain in the UK to protect current high levels of renewable investment in the trades and safeguard additional employment opportunities for people in the trades.
Mr Davey said: “The UK offers a uniquely attractive, stable, transparent and supportive environment for investment in low carbon generation.
“Between now and 2020, the support we give to low carbon electricity will increase year-on-year to £7.6 billion – a tripling of the support for renewable energy.
“New research by my Department estimates that, since 2010, across the UK, over £29 billion of private sector investment in renewables has been announced supporting almost 30,000 jobs.
“Many of these jobs are highly-skilled and well-paid positions and employees can be proud to be a part of securing the UK’s energy supply.
“The commitment of the UK Government to a vision of a low carbon future is building up a bow wave of new jobs and investment in the economy.”
Renewables jobs and investment
New research shows that since 2010 more than £29 billion worth of investment has been announced in renewable energy with the potential to support around 30,000 jobs.
The figures produced by the Department of Energy and Climate Change show that between January 2010 and April 2013 industry has announced:
- 18,613 jobs and £14.5 billion investment in England,
- 9,143 jobs and £13.1 billion investment in Scotland,
- 1,952 jobs and £1.4 billion investment in Wales,
- 239 jobs and £304 million investment in Northern Ireland.
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Willmott Dixon has announced to use its re-appointment as sole contractor on Scape’s major works framework to create jobs and boost opportunities for local companies over the next four years.
Willmott Dixon estimates that under the previous Scape framework, where it was the incumbent contractor, local authorities saved a minimum of 14p in every £1 they spent on projects procured through Scape.
The construction company is planning to increase that saving to 20p in every £1, while ensuring 60 per cent of project budgets are spent on companies within a 20 mile radius of each Scape site, and raising employment and skills targets by 1,400 per cent.
Mark Robinson, CEO of Scape said: “Scape’s frameworks are becoming increasingly sought after with the number of public bodies using Scape’s services doubling over the last two years. It is important that this new framework focuses more than ever before on supporting local people and local businesses in a tough economic climate.”
Scape’s frameworks are worth £3 billion and over the last decade Scape has delivered over 1,200 projects on time and in budget for 250 public sector clients.
Scape specialises in providing a range of national and regional procurement frameworks enabling the UK public sector to procure construction services quicker and more efficiently, without having to go through lengthy and costly OJEU processes each time.
Scape’s new major works framework, which Willmott Dixon won after a seven-month re-procurement process, is expected to generate £1.25bn of construction work over the next four years. It comes as public sector budget cuts and reduced spending on capital projects put the spotlight on contractors generating even more value and efficiency in their construction output.
The benefits to clients of using Scape, including the reduced procurement time it brings, was underlined by Willmott Dixon delivering all 157 projects under the previous framework on time and in budget.
A tunnel on the proposed route of Britain’s High Speed 2 rail network could be extended to enable plans for a major development next to East Midlands Airport to progress.
The initial preferred route would have seen the new rail line cross the site of the proposed SRFI, which has the potential to create 7,000 jobs in the region, and threaten the feasibility of the proposed development.
During discussions with MPs and local authorities on the proposed route for phase two of HS2 from Birmingham to Leeds, concerns were raised by Leicestershire County Council, and MP for North West Leicestershire, Andrew Bridgen, in conjunction with Roxhill Developments Limited, that the proposed line could affect plans for a strategic rail freight interchange depot (SRFI) next to the airport.
After listening to these concerns, the government has now developed a revised option involving extending the proposed tunnel under the East Midlands Airport, avoiding the majority of the proposed SRFI site.
The Department for Transport will consult on the route later in the year as part of its public consultation on phase two, and after that consultation, a decision will be made. In the meantime, the developer will progress its plans for the proposed depot.
Kate Bedson, Senior Development Director at Roxhill said: “Our proposals for a new SRFI with 6 million square feet of associated warehousing have the potential to create 7,000 jobs, providing a boost to the economy in the region.
“Since the announcement, through our MP and local authority, we have enjoyed an early and positive dialogue with DfT and HS2 Ltd and are very pleased with the decision to amend the proposed route. This now allows us to consult with the public and other bodies on our plans before submitting our application at the end of the year.”
Building work is set to start today on the Swansea University’s second campus that will create 4,000 construction jobs with a further 6,000 indirect posts supported in the wider economy.
The First Minister made the announcement whilst on site to mark the start of construction of the new campus which took place on Europe Day.
First Minister, Carwyn Jones, said: “I welcome the opportunity to be here on this significant day not only to mark the start of construction but also, crucially, to acknowledge the benefits to Wales of our relationship with Europe, including EU funding.
“This EU investment will help drive forward the development of the new Science and innovation Campus, creating a cornerstone for world-leading research and employment opportunities in the construction industry as work gets underway.”
The EMC will include state-of-the-art facilities to enable Swansea University to carry out research and development, particularly through collaborative projects with industry. It will support a range of collaborations with businesses in sectors such as advanced engineering, the digital economy and low carbon technologies.
Finance Minister, Jane Hutt, said: “I am delighted we have been able to invest EU funds to pioneer innovation and deliver state-of-the-art education facilities, benefiting Swansea and beyond.
“We have a key commitment through our Programme for Government to enhance research and innovation to help increase Wales’ global competitiveness, and create jobs and growth. The European Structural Funds programmes in Wales are helping us to achieve this goal, having already generated a total project investment of around £400 million in R&D and innovation alone.”
EMC will accommodate the University’s Civil and Computational Engineering, Electronic Engineering, Materials and Mechanical Engineering as well as Printing and Coating activities.
The Vice-Chancellor of Swansea University, Professor Richard B. Davies, said: “We are delighted to have been awarded funding from the European Regional Development Fund through the Welsh Government for the Engineering Manufacturing Centre.
“The EMC will provide world-class research facilities and a resource for industry to access world-leading expertise to help improve manufacturing products and processes and develop new ones, thus contributing to the economic regeneration of the region.”
The Secretary of State for Communities and Local Government has approved a vital compulsory purchase order (CPO) that will kick-start a major £330 million campus development and create new jobs.
In November 2012, the landowners agreed a landmark deal with WNDC and the University of Northampton. It could see the area transformed into a state-of-the-art, waterside campus, enabled by a new 1 mile spine road.
Peter Mawson, WNDC’s Chief Executive said: “The University campus will be an unprecedented development for Northampton, breathing new life into its town centre.
“It is the jewel in the crown of an exciting regeneration programme, with nearby projects ranging from a new railway station to riverfront offices starting construction this year”
Professor Nick Petford, Vice-Chancellor at the University of Northampton said: “We are delighted that the Secretary of State has approved the compulsory purchase order which will allow full development of the Avon Nunn Mills site.
“This compulsory purchase order places the University one step closer to realising our plans to create a state-of-the-art Waterside Campus; placing the University in the heart of the community.
“As the Midlands’ most enterprising University of 2013, the University of Northampton fully supports the values of the Enterprise Zone with the creation of jobs, skills and enterprise and looks forward to being a part of the wider plans to regenerate Northampton.”
Carole Stronach, director of real estate for Avon, and the consortium of landowners said: “The University’s campus development plan is a tremendous opportunity and Avon looks forward to working with West Northamptonshire Development Corporation to ensure that the land required to enable the full redevelopment of the Avon Nunn Mills area is brought forward as quickly as possible”.
Plans for the campus development are well advanced, with the University of Northampton looking to submit a planning application this Summer. Subject to securing planning approval and funding arrangements, the University would like construction to start in 2015 and complete in 2018.
Scotland’s planning system will create new trade jobs and economic benefits to help deliver sustainable economic growth, Planning Minister Derek Mackay has announced today.
The third National Planning Framework (NPF) and draft Scottish Planning Policy (SPP) will influence development plans across Scotland and guide future planning decisions on a range of sectors including transport, energy and infrastructure.
The NPF is the Scottish Government’s strategy for the long-term development of Scotland’s towns, cities and countryside. It sets out strategic infrastructure needs and priorities over the next 20 to 30 years that will pave the way for new jobs in the construction sector.
Mr Mackay said: “Scotland needs a planning system that has, at its heart, the overriding principle of delivering sustainable economic growth in order to maximise the country’s attraction to investors and visitors in a global economy.
“We want future planning decisions to give significant weight to the economic benefit of proposed developments, particularly the creation of new jobs.”
These draft proposals are supported by on-going measures to improve the overall performance of the planning system, ensuring smoother delivery and a stronger focus on economic recovery.
Planning Minister Derek Mackay added: “The consultation on the National Planning Framework and Scottish Planning Policy will influence development plans across the country for the next thirty years affecting every part of Scotland.”
He said: “We will support our review of Town Centres by insisting that major new developments which attract people – like workplaces, leisure facilities and shops – are in town centres wherever possible. We want to see development which ensures lively, successful and viable town centres.
“I am keen that planning does more to encourage good design, and the creation of the kind of places we would all like to live in or visit. Our forthcoming policy on Architecture and Place will show what we are doing to achieve this.
“Scotland is enriched by a high quality environment and many special places to live in and visit. These physical assets underpin our economy and our quality of life and that is why we need to ensure developments go in the right place, providing positive benefits for our communities and environment.”
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A consortium led by SITA UK, a subsidiary of Suez Environment, has been selected as preferred bidder for a resource recovery contract worth over £900 million over 25 years with the West London Waste Authority.
The contract is to manage up to 300,000 tonnes of residual household waste each year from the West London Boroughs of Brent, Ealing, Harrow, Hillingdon, Hounslow and Richmond-upon-Thames.
The new rail-linked energy-from-waste facility, which will be called the Severnside Energy Recovery Centre (SERC) is set to create new jobs and boost the trades.
The waste collected from over 1.4 million residents will be managed in a new energy-from-waste facility in Severnside, South Gloucestershire and transported by rail from West London.
Compared to the current waste treatment this will save over 83,000 tonnes of CO2 emissions each year, which is more than two million tonnes over the duration of the contract.
This facility will produce enough electricity to power the equivalent of approximately 50,000 homes and could also supply hot water to local businesses, further improving its environmental performance.
The total capital investment in the new facility is over £240 million. A total of 53 permanent jobs will be created at SERC with around 200 jobs being created during its construction.
David Palmer-Jones, Chief Executive Officer of SITA UK, said: “We are delighted to be named preferred bidder for this major waste management contract in West London. It is great news for the six boroughs and their residents, knowing that their waste materials will be used to produce energy and avoid landfill.
“Contracts like this make the circular economy a reality and show that environmentally sustainable solutions offer nothing other than business sense – extracting energy and employment from materials which too often are treated as waste.”
The Green Deal will give homes and businesses a new way of paying for energy efficient improvements, such as insulation and new heating systems.
The scheme is expected to support 60,000 jobs in the insulation sector by 2015, providing a real boost for the expanding market of energy efficiency products and the construction industry.
Mr Crabb said: “Thousands of homes across Britain are wasting energy and money because of poor energy efficiency, yet demand for measures to counter this remains low. The Green Deal gives people the opportunity to make this right.
“And today, we will see that it’s not just consumers that will benefit. The Green Deal is also great for business, creating a new market and new jobs.”
The Greendeal programme provides funding of up to £15,000 for each home which can be used to install one or more officially approved Greendeal measures.
Green Deal in numbers
- £125 million is available in the Government funded Cashback Scheme
- 8 million households could benefit from solid wall insulation
- 4 million households could benefit from cavity insulation
- 60,000 jobs are expected to be supported in the insulation sector alone by 2015 – up from 26,000 in 2011
- £3.5 million of funding to training in key Green Deal skills
- £270 a year could be saved if a typical three bedroom semi-detached house installed just solid wall insulation
- 38% of the UK’s total greenhouse gas emissions come from leaky buildings
Schools are located in Birmingham, Derby and Nottinghamshire More than 1,800 pupils in one primary, one secondary and two special schools will be taught in new buildings.
The schools included are:
- Lees Brook Community School (Secondary)
- Heathlands Primary School
- Hallmoor School (Special)
- Fountaindale School (Special)
Work will now progress to the planning application stage.
Keith Rayner, BAM’s education director, said: “This is excellent news for the creative and hard working team that put together our successful proposals for these schools.
“So far, BAM has a 100% track record of making the shortlist on all of the priority schools for which we have tendered, but the real test of value is in being selected and we are delighted that our designs have been chosen.
“BAM’s presence in the education market remains extremely strong and is supported by the collaborative ethos of our company as well as our integrated capability to design and build.”
What is your reaction to the £27 million school building programme across the Midlands that will boost the construction industry? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.
Sackville Developments Reading Limited (SDRL) has submitted plans for the £500 million regeneration scheme of Reading’s town centre that will create new jobs and boost the trades.
The regeneration of the Station Hill site in Reading is an employment-led mixed-use redevelopment which will include new homes, shops, cafés and leisure facilities.
SDRL represents a joint venture between Benson Elliot and Stanhope PLC. Between them, Stanhope PLC and Benson Elliot have the expertise and stable financial backing to deliver a first class redevelopment to Station Hill.
The application has been drawn up following extensive consultation with local residents and business owners as well as council representatives.
Jason Margrave, Development Director of Stanhope said: “This application is the culmination of a considerable amount of consultation with Reading Borough Council as well as the promoters of the neighbouring Thames Tower.
“The designs we have submitted have been widely supported by the public and we believe they will considerably transform this part of the town, building on the significant investment currently taking place at the station.
“Following consultation, we have included an enlarged public open space in the heart of the scheme, improved the retail offer and incorporated more public art.”
The public exhibition which took place in February last year attracted over 700 people, with over 95% of respondents supporting that the area is in need of regeneration.
The application is due to be decided by Reading Borough Council later in the year. If approved, work will look to commence in 2014.
Whilst redevelopment is taking place, it is the intention of the developers to create a temporary event space outside of Reading Station to be used for a variety of cultural and entertainment events.
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The first phase of HS2 alone, from London to the West Midlands, is expected to support about 40,000 jobs, figures which do not include broader employment growth supported by the new line and the use of released capacity on existing routes.
HS2 Ltd Chief Executive Alison Munro said: “HS2 will be an engine for growth that supports the creation of thousands of jobs for Londoners, provides extra space on the existing lines for more commuter services, and improved connectivity with our great northern cities.”
The new plans for Euston, developed partly in response to concerns from the community about the potential disruption caused by the redevelopment would lead to less disruption for passengers as the station could continue to operate mostly as normal rather than having to move services from old platforms to new ones while platforms are being progressively demolished and rebuilt.
Ms Munro commented: “Community concerns have been raised about the potential disruption caused by the redevelopment of Euston Station.
“Following more work done by our engineers to find the best way to deliver best value for taxpayers, we have identified an option that we believe delivers great opportunities for the area while minimising the potential effects on local communities in Camden and on passengers.”
The new proposals would see the station revitalised for passengers and with potential for new homes, offices and shops above. Completing construction by 2026 will unlock the line-wide benefits for local residents and businesses.
The revised proposal features:
- Potential opportunities for over-station development – with the possibility of being used for future homes, open space and businesses.
- The capacity needed for high speed and conventional trains
- New platforms and facilities for the high-speed trains
- New, improved facilities for all passengers in a redeveloped, integrated station with a new, combined concourse and façade
- Better connections with the Underground, including a new Underground ticket hall
- A sub-surface pedestrian link between Euston and Euston Square Tube
- East-west pedestrian routes across the station, helping to link communities on either side of the station.
The consortium, which consist of industrial energy specialist Sembcorp Utilities UK and I-Environment will build a rail loading waste transfer station in Merseyside and energy-from-waste plant in Teesside.
The winning bid from Sita includes a high efficiency Energy from Waste facility with Combined Heat and Power at the Wilton International site in Teeside creating around 50 new permanent jobs.
New rail hub for the transportation of waste at the existing Potter Group Rail Freight Terminal at Kirkby on Merseyside creating around 25 new permanent jobs.
The new energy-from-waste facility will generate electricity for the equivalent of 63,000 homes and has the potential to provide steam directly to adjacent business customers, which would further improve its efficiency.
In total, over 90 per cent of the contract waste managed by the Sita consortium will be diverted from landfill and used to produce energy.
David Palmer-Jones, Chief Executive Office of Sita UK said: “We are delighted to be selected as preferred bidder for this major contract in Merseyside. This is great news for Merseyside, for the environment and for new jobs.
“The two new facilities that we will develop will enable all of Merseyside’s household waste to be put to good use.
“We will create over 70 new full time jobs in Merseyside and Teeside and several hundred more during the construction of our new resource recovery facilities.”
The construction industry in Scotland is set to benefit from an initiative to speed up payments to contractors in public sector developments.
Project bank accounts are ring-fenced accounts from which payments can be made directly and simultaneously by a client to the main contractor and members of the supply chain, removing the scope for delays in payment from the main contractor’s bank account.
The trial is an early recommendation of the Review of Procurement in Construction, which is set to report in the summer on how Scotland’s £2 billion public construction contracts are awarded.
The system, which should be in place later this year, will speed up available funds to all contractors with electronic payments typically taking five days.
Project bank accounts will also reduce the time between initial expenditure on labour, plant and materials and subsequent payment, which will help reduce insolvencies, particularly amongst SMEs.
Ms Sturgeon said: “The Scottish Government is working tirelessly to improve on the procurement system in Scotland’s public sector in order to maximise economic growth and support jobs.
“We are happy to take on board the trial of project bank accounts for public sector projects and we are now looking to identify suitable opportunities which will support local and national economies and boost cash flow for both contractors and subcontractors.
“This should in turn help to preserve Scottish jobs and retain indigenous skills and expertise.
“Using project bank accounts guarantees a diverse and competitive marketplace, meaning that Scotland’s many SMEs are given the confidence to compete for Scottish construction contracts.”
Ken Lewandowski, deputy chair of the Review of Procurement in Construction, said: “Times are tough in the construction industry, and when payment for work is delayed, things only get tougher.
“Project bank accounts can help to relieve some of that pressure, especially on Scotland’s SMEs.
“The case for trialling them is so compelling, and the industry so important to the economy, that we felt it was appropriate to make this early recommendation, before we publish our full report in the summer.”
Housing Minister Mark Prisk announced today that up to 10,000 new homes could be built by 2015 that will create new jobs and boost the trades.
The minister announced the first 45 projects to be taken forward using the £1 billion Build to Rent Fund which will provide equity finance to house builders and developers.
Mr Prisk said that the innovative new projects, a quarter of which are for London, will be the first step toward creating a more balanced rental market, driven by quality instead of demand.
The Build to Rent Fund is designed to help developers invest in homes built specifically for private rent by reducing the up-front risk in a relatively untested market.
A first round of projects will now receive a share of £700 million government investment package, with a second round of bids for the remaining fund expected to open later this year.
Projects going forward in this round have the potential to deliver between 8,000 and 10,000 homes, and include:
- Genesis Housing Association, with plans for new rental homes around London
- Place First, along with Together Housing Group, who will be building across Northern England
- Crest Nicholson, who intend to bring a significant number of homes to market over many sites across the country
Mr Prisk said that the varied mix of developers, from brand new organisations and small housing providers to long-established developers, will bring new blood into a market currently dominated by small-scale buy-to-let landlords, and will help to give tenants more choice when choosing a home in the future.
Housing Minister Mark Prisk said: “This government is determined to get Britain building, and the Build to Rent Fund is set to help us deliver, with up to 10,000 new homes to be built from these projects.
“We’ve seen overwhelming demand for the fund, and it’s become clear that there’s a real appetite for rental investment. We want to support that, which is why we’ve made a £1 billion Budget boost to the fund.
“Now, these new projects will help us map this almost uncharted market, bringing in new blood to improve rental quality and choice, and building the new homes that this country wants and needs.”
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Costain has been awarded a £300 million contract to design, fit-out and commission the railway systems in Crossrail’s tunnel network that will create new jobs and boost the trades.
Under the contract, the engineering solutions provider will design and install track, overhead lines and mechanical and electrical equipment to fit out the 21km of twin tunnels currently being bored under the streets of London.
Design work will commence immediately, with the fit-out works starting in 2014, and will be carried out within the entire tunnelled and surface sections of the Crossrail route between Royal Oak, Pudding Mill Lane and Plumstead Portals.
Costain has also announced that in Joint Venture with Alstom it has been awarded the £15 million contract for the design, construction and commissioning of the system that will provide traction power for the trains in the central tunnelled section of the Crossrail scheme.
Work will involve the construction of several auto–transformer stations and a feeder station site at Pudding Mill Lane to provide a 25 kV supply to the overhead line equipment that will power the new Crossrail trains. Costain is also constructing for National Grid the new cable tunnels to provide power to the other Crossrail feeder station at Kensal Green.
Crossrail will open in 2018. The Crossrail route will pass through 37 stations and will increase London’s rail-based transport network capacity by 10 per cent. An estimated 200 million people will travel on Crossrail each year.
Andrew Wyllie, Chief Executive of Costain, said: “The Crossrail scheme is providing a much-needed solution to upgrading a key part of the nation’s travel infrastructure.
“We are delighted to have been awarded these contracts, which follow on from other Crossrail projects we are involved in, including the construction of the Bond Street and Paddington stations and works at Eleanor Street and Mile End Park.
“We believe these further wins demonstrate the successful implementation of our ‘Choosing Costain’ strategy in which we focus group-wide resources on meeting the developing requirements of major blue chip customers.”
The government has given the go-ahead for the building of Liverpool’s £425 million Royal University Hospital that will create 750 full-time construction jobs.
The multi-million development is set to employ local people, materials and services where possible to generate an additional £240 million for the local economy and boost the trades.
The Department for Health and the Treasury have approved the funding and the hospital is now assessing bids from two construction companies, Carillion and Horizon, that will design and build the hospital by 2017.
After the bidder is appointed, the hospital will obtain final planning permission and sign contracts, with building construction work expected to begin early next year.
Aidan Kehoe, chief executive, said: “I am delighted that we are now just weeks away from unveiling the design for our new hospital.
“The new Royal is at the very heart of our city and this is a significant step forward in the creation of our world-class hospital.
“It also brings us one step closer to the creation of the Liverpool BioCampus, which has the potential to transform the city, propelling us onto the world stage along with Boston and Singapore.”
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Mansell has been selected for a £12 million seven-storey student accommodation building on London’s Euston road that will pave the way for new trade jobs
The scheme involves demolition of part of the existing building behind a retained façade and construction of a 171-bed accommodation block along with associated external works, services, lifts and ancillary areas.
Once complete, the building will be certified with a BREEAM ‘Very Good’ rating.
Construction of the seven-storey project at Bentley House will be completed in time for the 2014 student intake, boosting the trades and people in the building construction industry.
To protect the architectural heritage of the building, bricks removed during demolition will be salvaged, cleaned and reused where possible, with new material matched to the original as closely as possible.
Situated within close proximity to an area of high pedestrian footfall and heavy traffic, sensitive demolition techniques and sophisticated logistics planning will be used throughout the duration of the contract to avoid disruption.
An innovative piling solution, which will complete prior to the start of demolition works, will facilitate the seamless transition between an old and new sub-station.
Scottish Hydro Electric Transmission has awarded four contracts worth £600 million to build new electricity substations in the north of Scotland set to create new jobs and boost the trades.
This multi-million development of the new substations are an integral part of SHE Transmission’s investment programme to heavily upgrade and reinforce the transmission network and will help facilitate the connection of more renewable generation in the north of Scotland.
Miller Quatro is a joint venture between Miller Construction and three Spanish companies, Sacyr Industrial, Isastur and Aditel known collectively as Quatro T & D.
Chris Webster, Chief Executive, Miller Construction, said: “We are delighted to have secured a place on this substation delivery framework. Miller Quatro is a new entrant to the market place and we are looking forward to working with our joint venture partners to contribute towards the delivery of infrastructure required to support the connection of renewables.”
Pedro Siguenza Hernandez Chief Executive Officer of Sacyr Industrial said: “This agreement provides a significant opportunity for the growth of our Miller Quatro joint venture. We are fully committed to contributing to our client’s successful development of this framework”.
Demand for connection to the transmission network from renewable developers has increased considerably, requiring significant change to its configuration and operation.
David Gardner, SSE’s Director of Transmission, said: “The award of these contracts, with some of the industry’s global experts will help deliver the infrastructure that is needed to support the connection of renewables, as well as providing a boost to the local communities where we are operating.”
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Business Secretary Vince Cable has launched a new £3 million funding scheme for East Anglia that will kick-start growth for small firms in the trades.
The New Anglia Local Enterprise Partnership is specifically aimed at helping firms that want to grow but have been held back by a lack of finance.
The £3 million fund will provide cash grants to businesses looking to expand their operations
and create new jobs. Funding for the scheme has come from the government’s Regional Growth Fund.
The fund will provide grants of up to 20%, between £25,000 and £100,000, to business that have a shortfall in their investment plan and are able to create at least one job for every £10,000 provided by the fund.
The Business Secretary launched the fund at Redpack in Norwich, a company which hopes to benefit from the new fund and expand its existing operations in the city.
Business Secretary Vince Cable said: “A lack of finance is one of the biggest barriers facing firms that want to grow. The government is already taking big steps to help companies bridge that gap and now, thanks to this new fund, businesses across East Anglia will get that helping hand they need.
“Through programmes like the New Anglia ‘Growing Business Fund’, the government’s Regional Growth Fund has supported around 1,200 small and medium sized companies across the country, helping them create jobs, increase skills and grow their business.”
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The first step has been taken to allow the redevelopment of the 14.57 acre Harmsworth Quays printing works site in Canada Water, South East London, to go ahead.
The decision is a key milestone for the development which has the potential to deliver significant improvements to the local area and create new trade jobs.
Cllr Fiona Colley, Cabinet Member for Regeneration at Southwark Council, said: “In addition to new homes, the redevelopment of Harmsworth Quays has the potential to deliver the town centre and jobs that Rotherhithe really needs.”
British Land will now begin working up proposals in consultation with Southwark Council and the local community to realise the full potential of this important site. Vacant possession of the site will be available later this year following the relocation of DMGT’s printing operations to Thurrock.
Southwark Council, which is currently developing policy to guide the redevelopment, will be adopting a preferred option of its Area Action Plan in May for consultation. This will emphasise the council’s and community’s vision to create a mixed-use town centre at Canada Water.
Both Southwark Council and British Land have committed to exploring the potential to create a new campus for Kings College as part of the scheme, to complement their proposals for the adjoining site at the Mulberry Business Park.
Nigel Webb, Head of Development for British Land, said: “We are delighted that the London Borough of Southwark has agreed the assignment for Harmsworth Quays. We can now begin the process of working with the local community, the London Borough of Southwark and other key stakeholders to bring forward a new, mixed use development in the heart of Canada Water.”
CH2M Hill has announced to create 500 new trade jobs in a wide range of high-skilled engineering roles and boost the construction industry.
The new jobs will be created across CH2M Hill’s infrastructure divisions including nuclear; transportation, tunneling and earth engineering; water; environmental services and Industrial & Advanced Technology.
Alongside these new jobs, CH2M Hill will also be creating 40 graduate level positions, as well as offering 30 paid internships, bringing its total investment for the UK for 2013 to £65 million.
Business Secretary Vince Cable said: “The creation of 500 new jobs is a considerable investment into the UK market and is a great vote of confidence for the highly skilled engineers here in Britain.
“Building on our strengths in areas like manufacturing, including engineering, will be crucial to our economic success in the years ahead. Today’s announcement supports our aim of ensuring that the UK can compete with other economies at the highest level by raising the numbers of skilled engineers.”
The company is working on some of the most innovative and challenging infrastructure programmes in the UK including, High Speed 2, Crossrail, Thames Tideway Improvements and the decommissioning of Dounreay, the former fast reactor research centre.
Commenting on its UK investment plans, Lee McIntire, Chairman of CH2M Hill said: “Following the acquisition of Halcrow and its integration in to CH2M Hill over the last year, I am delighted to be able to announce this significant investment into the UK’s labour market with the creation of 500 new jobs this year across a range of high skilled engineering and technical roles.
“I am especially proud that we will be playing such a major role developing future British engineering talent with our graduate, apprenticeship and internship programmes.
The UK remains an attractive place to do business and today’s announcement reflects our commitment to the UK. With the British Government’s clear commitment to deliver new infrastructure and renew aging infrastructure, I am hopeful we will be able to build on this investment today in the years ahead.”
The pilot scheme will help small and sole trader construction businesses to secure credit from B&Q and Screwfix stores that will allow them to bid for bigger construction projects in the future.
Customers of B&Q TradePoint and Screwfix, part of the Kingfisher Group, can now apply for a credit account of up to £25,000, where previously they may have struggled to secure credit due to a lack of security or adequate credit history. Existing trade customers will be able to apply to extend their accounts for credit of up to £50,000.
Previously, these viable businesses would only have been eligible for credit of up to £3,000 from Screwfix or B&Q, making it harder for them to take on projects due to being unable to afford the upfront costs of the materials. Kingfisher is able to support the additional lending as a result of it being backed by a government guarantee.
The pilot is the result of work between the government and Kingfisher to adapt the existing Enterprise Finance Guarantee scheme to widen access to funding and provide alternatives to bank lending. Business Minister Michael Fallon will now be writing to other companies offering them an opportunity to take part in the pilot scheme and offer their customers access to this new source of finance.
Business Minister Michael Fallon said: “Builders and tradesmen are experiencing a real bottleneck when it comes to accessing credit, and projects are being held up unnecessarily. This pilot is an innovative attempt to make a real difference for the sector.
“Britain’s builders have a vital role to play in delivering growth in this country and we’re determined to get behind them.”
Ian Cheshire, Group Chief Executive of Kingfisher, said: “By piloting this new scheme we are backing Britain and backing the country’s professional tradesmen.
“Access to credit and control of cashflow is vital for smaller tradesmen, so we are pleased that Screwfix and B&Q will be able to make it easier for more of their trade customers to get credit through this innovative new scheme. By backing Britain’s tradesmen we can boost spending on the home and help get the economy moving again.”
The pilot allows Kingfisher to give credit to trade businesses it would normally have to turn away, by sharing the risk through providing government guarantees of 75 per cent on its lending. As well as allowing Kingfisher to lend to viable businesses outside its present risk profile, the scheme also allows it to lend more to existing businesses.
The pilot has been designed so there is no new administrative burden to Kingfisher. All credit decisions will be made by Kingfisher based on existing processes, and customers and frontline staff will see no difference to the trade credit application.
Peterborough City Council has approved plans for building 5,300 new homes as part of the Great Haddon development which is set to create thousands of jobs in the construction industry.
Peterborough Planning and Environmental Protection Committee has backed plans to build three primary schools, one secondary school and some 5,300 new homes alongside the 390 hectare site in the south west of Peterborough
The scheme is expected to create 24,600 new jobs in the next 8 years whilst delivering wider economic growth to the Peterborough area and boosting the trades.
The project has been included in the government’s London-Stansted-Cambridge-Peterborough growth area to help meet the UK’s housing shortage and generate economic growth.
The Committee has asked the Consortium to work up further details for certain aspects of the scheme, such as the design of the Yaxley ‘Loop Road’ and the timing of provision of community facilities, to ensure that those aspects of the scheme are fully scrutinised prior to implementation of the consent.
The applicants’ team will be working these details up over the coming weeks prior to a report being presented back to Committee.
Lucia Serluca, the chairman of the planning committee, said it was essential that good and efficient infrastructure is built before people started moving in to the new homes.
“Let’s not just build the houses and forget about everything else,” she said.
“We need to build the houses in conjunction with the educational centre, the retail centre, to make sure the amenities that those residents will have, they have as soon as they live on the development.”
The Budget sets out further action to build a stronger economy, with help for UK businesses to create jobs and kick-start major construction projects across England.
Chancellor Osborne said in Parliament today that the government was “already supporting the largest investment in railways since Victorian times and spending more on new roads than in a generation.”
The Government would now boost spending by £3 billion from 2015-16 with the money saved from departmental budgets, amounting to a total of £15 billion of extra capital spending in the next 10 years
The Chancellor has also announced a new Help to Buy scheme involving equity loans on new build houses and £130 billion mortgage guarantee programme that will help people to buy their new homes.
Chancellor George Osborne said that by investing in the arteries of the country’s infrastructure, the Government will get growth “flowing to every part of the country”.
The latest stimulus of financial support to tackle long-term shortage in the housing market will see the building of new homes and boost employment in the construction industry.
Mr Osborne said: “We’ve switched billions of pounds from current to capital spending since the spending review. But on existing plans, capital spending is still due to fall back in 2015-16. I don’t think that’s sensible.
“So by using our extra savings from government departments, we will boost our infrastructure plans by £3 billion a year from 2015-16.
“That’s £15 billion of extra capital spending over the next decade. Because by investing in the economic arteries of this country, we will get growth flowing to every part of it.
“And public investment will now be higher on average as a percentage of our national income under our plans than it was in the whole period of the last Government.
“In June, we will set out long term spending plans for that long term capital budget.
“And we will use the expertise of Paul Deighton, the man who delivered the Olympics and who now serves in the Treasury, to improve the capacity of Whitehall to deliver big projects and make greater use of independent advice.”
The British Property Federation has welcomed the Government’s funding increase to kick start the housing market and help a number of build-to-rent schemes.
Director of policy at the British Property Federation, Ian Fletcher, said: “It’s encouraging the Government’s confidence in build to rent has been reciprocated and we are delighted to see that the equity funding was heavily oversubscribed.
“Working in partnership with government the sector should deliver an exciting and quality array of homes for renters.”
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Pharmaceutical company AstraZeneca has announced plans to build £330 million research centre and corporate HQ in Cambridge that will pave the way for new jobs in the construction industry.
The move is part of the company’s proposals to create strategic global R&D centres in the UK, US and Sweden to improve pipeline productivity and to establish AstraZeneca as a global leader in biopharmaceutical innovation.
Focusing on the company’s UK-based activities at the new centre in Cambridge, the pharmaceutical giant will build on AstraZeneca’s world-leading protein engineering capabilities already based in the city, expanding its operations and boosting employment across a range of industries in the area.
Chief executive of AstraZeneca, Pascal Soriot, said: “Our proposed investment is a clear signal of AstraZeneca’s long-term commitment to the UK and highlights the important role Cambridge plays internationally in bioscience research.
“The Government’s Life Sciences Strategy and the meaningful policies they have put in place in recent years to encourage investment help make Britain an attractive location for biopharmaceutical research and development.
“Cambridge, which boasts strong links with London-based research institutions, is a world-renowned bioscience hotspot that rivals the likes of San Francisco and Boston.
“In a world where partnerships and collaborations drive medical progress, becoming an integral part of the Cambridge ecosystem offers compelling advantages for AstraZeneca, giving us easier access to leading-edge academic and industry networks, scientific talent and valuable partnering opportunities.
“I believe that the investment we are announcing today greatly increases the chances that the next generation of innovative medicines will be invented and manufactured in Britain.”
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The Government has announced a £20 million investment plan to build a renewable energy factory in Hull that will create 300 new trade jobs.
Energy Works, the technically advanced renewable energy power plant to be built in Hull, will use household waste, and will generate enough energy for more than 25,000 homes.
The funding has been given from the European Regional Development Fund (ERDF), which is managed by the Department for Communities and Local Government and is a key part of the financing for the £100 million-plus energy recovery plant that uses an innovative combination of green technologies and will be the first of its kind in the UK.
Communities Minister Baroness Hanham said: “This plant will reduce greenhouse gas emissions and contribute to the security and diversity of the energy supply.
“Supporting this Hull-based company with public funding to pioneer these cleaner, more efficient technologies and sharing the learning gained from operating the plant, will help to roll out similar facilities elsewhere in the UK and around the world.
“This investment will create highly skilled jobs and contribute to the Humber area’s growing reputation as one of the best places in the world to develop environmental energy businesses“.
The complete Energy Works development will be built to sort, pre- treat and process different types of waste with several advantages over more conventional technologies, including that it complemented recycling efforts and produced improved air quality.
Spencer Group’s Chief Executive Charlie Spencer said: “We are delighted that the Government and the European Commission have recognised that Energy Works is an innovative, green and clean development which can be replicated elsewhere.
“It has been a pleasure to brief the Minister on the many benefits it offers. This grant is a key element of the funding model and enables the project to move forward.
“As a Hull-based company, we are intensely proud that we will be pioneering a UK first in the city and that our investment will add to the Humber region’s credentials as the UK hub for renewable energy technologies.”
The infrastructure work is set to commence in the summer with the housing construction due to begin in autumn 2013, paving the way for new jobs in the building industry and boosting the trades.
The development will be made up of family houses, located with easy access to Ebbsfleet International Station , which offers high speed domestic services to destinations including Kings Cross St Pancras and Stratford, as well as Eurostar services to Europe.
Emma Cariaga, Development Director at Land Securities, said: “We are delighted to have exchanged contracts with Ward Homes which enables the first stage of our redevelopment in the area.
“This marks the start of an exciting regeneration of the area, which will bring new homes and businesses to the Ebbsfleet Valley region. This represents a significant step forward in relation to the Government’s desire to see economic growth and housing delivery in Kent Thameside”.
Mark Bailey, Managing Director at Ward Homes, said: “Ward Homes is proud to be associated with this unique landmark development and pleased that our local Kent brand was selected as the most appropriate to launch this prestigious site.
“We look forward to working closely with Land Securities and are committed to delivering a quality residential scheme that we are confident will be a highly desirable place to live”.
A planning application has been submitted to Camden Council for striking residential scheme comprising 22 one, two and three bedroom apartments at Fisher Street in central London.
The scheme has been designed in consultation with the London Borough of Camden and English Heritage. The plans will incorporate the ground floor Crossrail shaft while creating a unique exterior that offers different views of the building from each angle.
The project is Crossrail’s latest over-site development submitted for planning consent. Another 3 million square feet of office, retail and residential space is planned above new Crossrail stations and sites in London with planning consent secured for nearly 1 million sq ft of development so far.
These developments will help create new business space, jobs and new homes for Londoners on top of the world-class new transport links Crossrail is delivering.
Crossrail’s Land and Property Director, Ian Lindsay, said: “Not only is Crossrail delivering world-class new transport links, it is creating high-quality new development opportunities throughout the capital.
“The Fisher Street plans offer a striking piece of architecture for a unique opportunity to deliver new residential space in a prime central London location.
“This is one of a number of commercial opportunities in the pipeline and we are continuing to seek new development partners to help us deliver a range of future schemes.”
Construction work on the Fisher Street shaft is already well underway and is expected to be completed in 2015.
The centrepiece of the 7-acre new Imperial West campus is the multi-million Research and Translation Hub for academics and business partners that will see the building of new homes, publicly accessible green space, pedestrian subways and leisure and retail facilities.
Imperial West is set to become a major new research quarter for London, reinforcing the capital’s position as a catalyst for scientific development and economic growth
Imperial bought the land for the new campus from the BBC in 2009. The first new building, which provides accommodation for over 600 postgraduates and early career researchers, has been occupied since September 2012.
Terms of the planning permission for the rest of the site were agreed with the London Borough of Hammersmith and Fulham in December 2012
Design work on the Hub, which is funded by investor Voreda and from the College’s own resources, is underway. The College plans to complete the construction in 2015.
Mayor of London, Boris Johnson, said: “London is home to some of the world’s leading universities and sharpest business minds.
“This fantastic venture will bring the best of both these worlds together turning brilliant ideas into jobs and economic growth and further bolster our reputation as the must-come destination for research and development.”
Minister for Universities and Science, David Willetts, said: “Imperial is one of our country’s great universities and the new Imperial West campus is a really exciting development. It will focus on translational work – on applying the excellent research that Imperial does to bring benefit to the wider world.
“The government strongly supports the vision and plans for the new campus and we look forward to seeing it grow and prosper in the future.”
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Construction work on site is set to start in summer 2013, paving the way for new trade jobs and boosting the building construction industry.
Peninsula Riverside forms part of a multi-billion master plan which will deliver 10,000 new homes to transform Greenwich Peninsula into London’s most exciting riverside community.
Max James, Chief Executive of Quintain said: “We are delighted that the Royal Borough of Greenwich has granted detailed planning consent for 506 homes at Peninsula Riverside.
This decision paves the way for construction work to start on site this summer delivering new jobs and homes; a positive step in transforming the vision for Greenwich Peninsula into reality.”
The 190 acre scheme has been given an outline planning consent by the Royal Borough of Greenwich. It will see the building of residentially led mixed-use development scheme with new homes spread across four quarters and a commercial district, including a 40-acre park.
Anthony Gill, Development Director for Greenwich Peninsula said: “The Peninsula Riverside development will continue the unstoppable momentum East London has enjoyed since the Olympic Games.
“The combination of affordable riverside living, just one tube stop from Canary Wharf and within 15 minutes’ reach of the West End, ensures Peninsula Riverside will become one of the most exciting new housing schemes in London.”
Richard Blakeway, Deputy Mayor for Housing, Land and Property, said: “Greenwich Peninsula, with its potential to deliver thousands of homes, including a large proportion of affordable housing, and jobs, is exactly the kind of development we want to see moving forward in London helping to boost the economy and accelerate the number of homes being built on GLA public land.”
Deputy Prime Minister Nick Clegg has announced £213 million of industry investment that will improve UK’s manufacturing supply chain and create 11, 000 new jobs.
In addition to the thousands of new jobs that will be created through the multi-million investment, some 5,000 existing jobs are set to be safeguarded.
Over £73 million has been awarded from Round 2 of the Advanced Manufacturing Supply Chain Initiative (AMSCI) to 12 national supply chain projects, and a further £140 million will be invested by business.
The scheme was open to bids from all manufacturing sectors as the Chancellor, George Osborne, announced an additional £120 million in the Autumn Statement for two further rounds of AMSCI funding.
Examples of winning bids include the creation of a ‘National Aerospace Technology Exploitation Programme’ led by the Aerospace Growth Partnership to address skills shortages and improve R&D collaboration in the aerospace sector.
The £35 million project will create nearly 5,000 jobs in the supply chain. Another successful bid, led by David Brown Gear Systems in Huddersfield, will position the UK as a world leader in the creation of large gearboxes for the next generation of offshore wind turbines.
Deputy Prime Minister Nick Clegg said: “Boosting jobs and growth is my number one priority to build a stronger economy. This investment will secure Britain’s future as a world leader in industries like cars, where we have traditionally taken the lead, and new technologies such as wind turbine gears and semiconductor chips.”
What is your reaction to the investment announced by Deputy Prime Minister Nick Clegg to improve the manufacturing supply chain and create thousands of new jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The Construction Products Association (CPA) has called on the Chancellor George Osborne to recognise the potential of the construction industry to drive economic growth and create new jobs in the trades.
According to the Association, it is vital for the government to spend the multi-billion capital investment boost announced in the Autumn Statement that could provide 0.8% additional growth in GDP.
Chief Executive of the CPA, Diana Montgomery said: “With the general economic outlook continuing to look uncertain, we are urging government to do more to drive growth by building on the recent increase in capital investment for repair and maintenance of roads and extending this to other parts of built environment, such as housing, schools and hospitals.
“We also want to see the UK improve on its current ranking of 24th in the world for the quality of its infrastructure. For the UK economy to remain internationally competitive in attracting inward investment, it is essential that there are significant improvements in its infrastructure.
“Government frequently states it is aware of the importance of the construction industry and its product manufacturers and suppliers. In these challenging times for the UK economy, the opportunities that we provide to drive economic growth and build a more sustainable future for the UK need to be prioritised. We can only hope the Chancellor does indeed recognise this.”
To read the full draft of the letter from the Construction Products Association to the Chancellor, click here.
Network Rail, Atkins, Laing O’Rourke and VolkerRail have formed the industry’s first ‘pure construction alliance’ to deliver £250 million Stafford Area Improvement Programme (SAIP) that will boost the trades.
The initiative, part of the West Coast Main Line, will see all sides working together and sharing information under a model trialled in Australia, where all parties share the benefits and the risks of the project.
This new venture represents a clear move away from the more traditional ‘hub and spoke’ style of contracting towards a completely integrated ‘one team’ structure expected to boost employment in the construction industry.
The formation of the SAIP Alliance has been welcomed by Network Rail’s managing director of infrastructure projects Simon Kirby who believes it represents a key change for the rail industry.
He said: “This type of truly collaborative approach is the natural way forward for contracting within Network Rail and indeed the wider rail industry. By adopting a common focus and shared approach with our industry partners, this will ultimately help to drive down costs, reduce risk and lead to the more efficient and timely delivery of major projects such as Stafford.”
The Alliance partners also believe that the approach adopted for Stafford heralds the way forward for cross-industry contracting.
Said Steve Higham of Atkins and a member of the Alliance Leadership Team said: “There is a clear requirement for us all to work smarter to reduce the cost of running the railway.
“We will collaborate with our alliance partners to do just that. With proven expertise in complex signalling projects, Atkins will deliver signalling, power, telecommunications and all multi-functional design for this important scheme.
“SAIP is an exciting project and provides an opportunity to push the boundaries of infrastructure delivery through innovation.”
Cornwall Council has committed to working with five different housing associations to deliver 1,200 new affordable homes in Cornwell over the next 4 years.
The Council has re-iterated its commitment to meet local housing needs as well as to create hundreds of construction jobs in the building industry and boost the trades.
Joining residents and representatives of Devon & Cornwall Housing (DCH) Cabinet Member for Housing and Planning, Mark Kaczmarek, said: “The Council works closely with a number of housing associations to deliver affordable homes for local people.
“The Council supports the delivery of new affordable housing through the planning process, and planning permission for this scheme was granted in 2010. Cornwall Council also provides funding towards the cost of new affordable housing, including a contribution of £55,000 to this specific scheme.
“But this is not the only investment we are making. Given the desperate housing shortage and the Council’s commitment to meeting local housing needs, the Council has agreed ambitious plans to match pound for pound Government investment in new homes.
“I am pleased to announce that the Council is signing contracts with five housing associations to deliver an additional 1,000 affordable homes in Cornwall over 4 years with investment totalling over £20 million. Few councils have made such a commitment.
“DCH is one of the Council’s key partners and today I am endorsing a contract with DCH which will see them commit to deliver 500 affordable homes for Cornwall. This is a Council fund, in addition to their own schemes and programmes funded through Government. The Council welcome DCH’s commitment and the ambition they are showing in working with us to meet Cornwall’s needs.”
Andy Moore, Chief Executive of Penwith Housing Association, part of DCH said: “There is a huge need for affordable housing across Cornwall. The delivery agreement with Cornwall Council is extremely important in providing vital new homes like the homes at St Stephen and we are pleased to be one of the partners working with them.”
The £2.6 million scheme in St Stephen, which was completed in January 2012, provides 18 homes for rent and 4 for shared ownership.
There are 9 x 2 bedroom homes, 10 x 3 bedroom homes, and 3 x 4-bedroom properties. Support came from a £1,350,000 investment from the Homes and Communities Agency (HCA) and a grant of £55,000 from Cornwall Council.
The group visited residents’ homes to see how living in their affordable housing has had a positive effect on their lives ensuring they were able to stay within the community where their families were based.
A recent report by Cambridge Econometrics found that UK GDP will be £20bn or 0.8 per cent higher in 2030 if wind is deployed rather than gas, with 70,000 more jobs created – but that investors needed certainty if we are to secure these benefits.
Ahead of a debate on the Energy, Enterprise and Tourism Committee’s report on the achievability of the Scottish Government’s renewable energy targets, Mr Ewing warned the UK coalition ministers’ mixed messages on energy policy and continuing uncertainty around Electricity Market Reform, including the lack of a decarbonisation target until at least 2016, is risking jobs, investment and economic growth.
The proposals outlined in the Energy Bill published in November 2012 lack measures to give investors confidence beyond 2020, putting the UK at a disadvantage compared to countries like Germany which has already set a clear target of 26GW from offshore wind by 2030.
Scotland would benefit in particular from an increase in offshore wind, as we have a quarter of the offshore wind potential in Europe.
Already, four international turbine manufacturers, Gamesa, Areva, Mitsubishi Power Systems and Samsung Heavy Industries have announced they intend to build turbine manufacturing plants in Scotland, creating an estimated 8,600 potential manufacturing jobs.
Energy Minister Fergus Ewing said: “Offshore wind has reached a watershed. The industry has enormous potential, and to realise this potential it is essential that investors have confidence.
“Over the past weeks I have spoken to many potential investors who say the uncertainty surrounding Electricity Market Reform is starting to affect their investment decisions.
“The time to reassure them is now. The UK Government must make clear their ongoing support for offshore wind and emulate the Scottish Government’s approach by setting a 2030 electricity decarbonisation target now, not in 2016 as planned under the Energy Bill..
“Offshore wind has the potential to raise UK GDP by 0.8 per cent, and we must seize this prize. The opportunities the industry present us – in terms of jobs, investment, stabilizing energy bills and reducing our carbon output – are too valuable to risk.”
What is your reaction to the support by the Scotland’s Energy Minister to boost the renewable industry and create thousands of renewable jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The £18 million scheme also includes the construction of new state-of-the-art cookery school making Waitrose the only UK supermarket to have such facility on site.
Applications approval and listed building consent are likely to be submitted in May this year. Construction is anticipated to start in late 2013 with the shop and cook school due to open at King’s Cross in spring 2015.
The goods shed was originally built in 1850 by the Great Northern Railway as the temporary Maiden Lane passenger railway station while the original King’s Cross station was under construction.
Waitrose Managing Director, Mark Price, said: “We’re delighted to be part of the continuing regeneration of King’s Cross and are looking forward to creating up to 170 new jobs and building on the success of our school in Finchley Road.
“We always believe that, as a food retailer, we have responsibility to help educate and inspire people not only when it comes to their weekly shop but also when it comes to creating and enjoying good food. It’s fantastic to give even more people the opportunity to develop their culinary skills.”
The new supermarket will be in close proximity to superb public transport connections, being five minutes from King’s Cross and St Pancras mainline stations, as well as being surrounded by new and existing homes, offices, schools, community facilities and public spaces at King’s Cross creating an excellent customer catchment on the doorstep.
Richard Meier, Partner at Argent said: “It is fantastic to have a quality brand like Waitrose sign up at King’s Cross. We are creating a truly mixed-use development and this supermarket will become an everyday attraction both for the residents, students, workers and visitors already on site, as well as the wider local community.”
Nick Clegg has today transferred greater powers to local authorities across England to drive economic growth, build thousands of new homes and boost employment in the trades.
The Deputy Prime Minister has backed the ‘City Deal’ which aim is to grant more freedom, powers and tools needed for local government to shape their economic future and create new jobs.
Deputy Prime Minister, Nick Clegg said: “Even more places will be free from Whitehall control and have the tools to power their own growth. These deals help cities and their wider areas make once in a generation changes that will be felt by everyone across their region.”
Councils in England need to ease planning regulations and have greater control over funds to accelerate housing and residential developments.
According to Coventry and Warwickshire local authorities, the scheme is estimated to create around 30,000 jobs across the region and boost the trades.
The Coventry and Warwickshire Local Enterprise Partnership (CWLEP) that led the City Deal bid said it was pleased by the Government’s decision to drive economic development tand create new jobs in the area.
Sir Peter Rigby, chair of the CWLEP said: “This is great news for Coventry and Warwickshire and allows us to put our very exciting plans into place to do just what the LEP was established to do – to create jobs and economic growth and prosperity.”
The 20 cities and their outline proposals:
Black Country: want to use a City Deal to grow their high-value manufacturing sector. They want to build on the Black Country’s track record in designing, building and exporting components and products such as aircraft control systems, turbo technology and an extensive range of automotive components.
Bournemouth and Poole: want to use a City Deal to encourage a transition to a more balanced local economy by boosting Advanced Manufacturing (particularly marine and aerospace) as well as digital and creative industries.
Brighton and Hove: want to use a City Deal to realise the economic potential of their eco-tech sector. This is a new, and growing, sector in Brighton & Hove. The universities have developed specialisms in this area. Brighton and partners want to build on this and encourage more innovation and business growth.
Greater Cambridge: want to use a City Deal to unleash the next wave of the “Cambridge Phenomenon”, which is a cluster of high-tech firms that focus on biotechnology, software and electronics around Cambridge, many of which have links with Cambridge University. Greater Cambridge wants to spread the “brand” of Cambridge over a broader area by creating better links between the science and business parks (e.g. Babraham Research Campus), the city centre (where Cambridge and Anglia Ruskin Universities are based), strategic transport routes and key residential sites (including the new town development of Northstowe), as well as the Enterprise Zone at Alconbury.
Coventry and Warwickshire: want to use a City Deal to capitalise on existing strengths in advanced manufacturing and engineering and to support the expansion of this sector. Coventry and Warwickshire want to grow these sectors by raising the skill levels of the workforce by increasing the number of people with intermediate and high level engineering skills and encouraging greater innovation in the sector.
Hull and the Humber: wants to use a City Deal to maximise the potential of the Humber Estuary. The estuary is already a home to a chemicals and processing sector worth £6bn and has the highest tonnage throughput of any UK port. Humber now wants to grow the “Energy Estuary” by maximising these opportunities and the benefits of offshore wind investment – and to ensure that local people have the necessary skills to take up these opportunities.
Ipswich: want to use a City Deal to equip local people and businesses with the skills they need to take advantage of significant expansion in high value jobs through development of Sizewell and Felixstowe.
Leicester and Leicestershire: want to use a City Deal to accelerate the growth of key sectors in the economy (notably manufacturing and logistics) and to encourage greater commercialisation of research emanating from the three universities in the area (Loughborough, Leicester and De Montfort).
Milton Keynes and the South East Midlands: want to use a City Deal to deliver significant, sustainable growth in housing. Over the longer term, this will allow the local area, and South East Midlands, to attract and find homes for high-skilled workers to drive economic growth. In the shorter term, providing confidence to private sector developers will create jobs in construction and industry supply chains.
Greater Norwich: wants to use a City Deal to accelerate the growth of the internationally-recognised environmental and life sciences industry within the Greater Norwich area by focusing on the potential of Norwich Research Park.
Oxford and Oxfordshire: want to use a City Deal to accelerate the growth of the knowledge economy by building on the strong base (including significant clusters in bio-sciences, space technology and cryogenics), two world-class universities (Oxford and Oxford Brookes) and internationally-recognised ‘Big Science’ research centres (eg Culham Research Centre and Harwell Laboratories).
Plymouth: wants to use a City Deal to build on its strengths in advanced engineering and design, marine renewable energy, maritime and sub-sea operations and supporting technologies. It seeks to do this by increasing the commercialisation of research in these areas and increasing exports from its high growth companies.
Preston: has seen significant private sector growth in the last 10 years, largely driven by growth in small and medium sized businesses. Preston want to build on this and sustain further growth, particularly in the aerospace and advanced manufacturing sector by investing in infrastructure.
Reading and Central Berkshire: want to use a City Deal to ensure that local people have the skills they need to access local job opportunities. Reading wants to focus on ensuring that people have skills in the growing sectors (particularly construction, logistics and knowledge intensive areas) and to ensure school leavers have the soft “employability” skills businesses need.
Southend and South Essex: want to use a City Deal to increase investor confidence to increase the supply of good quality office space and housing which will accelerate business expansion.
Stoke and Staffordshire: want to use a City Deal to build on strong heritage to become the internationally competitive home for Advanced Materials businesses in Europe. They want to grow the advanced materials (metals, ceramics, polymers, etc.) sector and to promote the use in advanced manufacturing.
Southampton and Portsmouth: wants to use a City Deal to drive the growth and diversification of the maritime sector in the area. They are seeking to do this by supporting growth in the associated sub-sectors of transport and logistics, defence and advanced manufacturing, the visitor economy and the complex supply chains linked to research and innovation.
Sunderland and the North East: want to use a City Deal to expand their manufacturing base and to diversify and grow the city’s economy.
Swindon and Wiltshire: want to use a City Deal to capitalise on the strong military presence in the area. They seek to do this by increasing the number of spin-offs firms from developments in military technology and to harness the skills from ex-servicemen/women.
Tees Valley: wants to use a City Deal to establish a global super cluster of petrochemical and processing industries to compete on the world stage. They want to build on Tees Valley’s current industrial complex, which includes over 50% of the country’s petrochemical and a significant percentage of the pharmaceutical sectors. Such a super cluster would have at its heart the production of cleaner energy, containing new developing, and associated, sectors such as biofuels from waste and other forms of renewable energy such as offshore wind.
Prime Minister David Cameron has arrived on a three-day British trade delegation in India set to win investment and create thousands of new jobs.
In what looks like the largest UK trade delegation to visit India, the Prime Minister is accompanied by more than 100 business representatives, including senior staff from Rolls-Royce, BAE Systems and BP, that are hoping to build long-term partnerships and double exports to the country by 2015.
In 2010, the UK attracted 97 new projects from India generating 6,096 jobs. It is estimated that 700 out of 1200 Indian firms in the European Union operate from the UK.
It is forecast that India will spend $1 trillion in the next five years on infrastructure and Britain is hoping its building construction firms to win some of those contracts. The Prime Minister’s trade delegation also includes 30 small and medium-sized firms.
Speaking at Unilever’s Mumbai HQ, Mr Cameron said: “India’s rise is going to be one of the great phenomena of this century and it is incredibly impressive to see.”
“Britain wants to be your partner of choice. We’ve only just started on the sort of partnership that we could build. As far as I’m concerned, the sky is the limit.”
Between 2001 and 2011, UK goods and services imports from India rose by 220 per cent while exports to India rose by 240 per cent.
Over the same period, India became a more important trading partner for the UK, with a significant rise in total UK exports and imports.
The Prime Minister has blogged on LinkedIn about why he sees British trade delegations as a vital part of his job. Read it from here.
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Work is due to start for the building of 288 new homes in Croydon after Legal & General received planning permission to transform Nestlé’s former Croydon headquarters into flats.
The financial investment company was given planning permission for the St George’s House scheme in Croydon that will create new jobs and boost the trades.
Jason Perry, cabinet member for planning, regeneration and transport, said: “This exciting plan matches the council’s vision for transforming the town centre into a place to live as well as to work, shop and socialise.
“It’s a significant leap forward in the council’s strategy for regenerating the town centre, refreshing its 1960s streetscape and boosting the economic growth of the borough.”
Charlie Walker, director at Legal & General Property, said: “Last night’s decision marks an important step forward for Croydon and is a strong testament to the hard work we have put in over the past year to ensuring our proposals not only complement the existing qualities of the borough but contribute to its wider regeneration, enhancing its position as a desirable residential location.
“We believe that not only will this scheme deliver much needed high quality residential accommodation to the very centre of town, but should bring a new lease of life to the area by significantly improving the public realm, creating a more accessible and attractive civic space for residents and visitors to enjoy.”
Legal & Generals plans include community and retail space at ground level and a roof top garden area that will be environmentally sustainable.
There will also be 160 car parking and 313 secure cycle spaces and a café on the corner of Park Street and Park Lane.
The planning committee granted permission to the scheme less than seven months after being presented with the pre-application enquiry.