Posts tagged building construction sector
Plans to deliver a £17 million multi-use leisure centre for Queens Park residents in London have been given the go-ahead by Westminster City Council.
The scheme, which has cross value of £60 million, will see the building of 120 new homes developed by Regen on two sites within 0.6 miles of each other.
The new sport centre will be located on the existing Moberly site will be developed at no cost to the taxpayer. It will be funded by a private developer, Willmott Dixon, in exchange for building residential properties on both sites.
The Council is expected to benefit from uplift in sales values of the homes during construction which will create new jobs and boost the trades industry.
This type of land arrangement is set to become more widespread as councils look for innovative funding methods from private sector developers to unlock value and increase funds to build new facilities.
Westminster councillor and a deputy cabinet member for sport and the Olympics, Steve Summers, said: “Few councils are in the position of being able to build multi-million new sports facilities in the current financial climate.
“But together with Willmott Dixon, we look forward to working on proposals which will create a £17m sports centre for residents of Queen’s Park together with a smaller sports facility at the Jubilee site. This will all be done at absolutely no cost to the taxpayer, so represents incredible value for money.”
The new leisure facility will have a 25-metre swimming pool, eight court sports hall, health and fitness facility, exercise studios, a health spa plus boxing and gymnastics halls.
Andrew Telfer, CEO at Regen, said: “I am delighted to be working with Westminster City Council on this exciting and ground-breaking scheme.
“With both current leisure centres in need of modernisation, this solution provides a bigger, state-of-the-art property for the local community offering high quality sporting facilities for many generations to come along with much needed quality new homes.”
Yorkshire Building Society has announced plans to increase lending in social housing by £200 million each year which will boost the trades and create new jobs.
The building society made the decision to increase lending to housing associations up and down the country for the next five years, paving the way for new employment opportunities in the construction sector.
The society, which won several mandates in 2012 including a £12 million deal to upgrade environmental and heating facilities for 1,800 properties on the Byker estate in Newcastle, has also taken part in a £14.5m ‘Lending for Leasing’ facility for four new clients.
Head of social housing at Yorkshire Building Society, John Inglesfield, said: “We continue to see a stable and well-managed sector notwithstanding recent changes to the grant and benefit systems.
“As a mutual with the objective of helping our customers into homes, we feel comfortable with working with not for profit housing organisations which also aim to provide the housing people want and need.
“This increased allocation will provide the sector with access to lines of term credit to complement other sources of finance. We hope to work with new customers large and small in lot sizes from £5m to £50m.”
What is your reaction to the increase in social housing investment by the Yorkshire Building Society set to bring economic boost and help the trades? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The Mayor of London Boris Johnson and Communities Secretary Erick Pickles have given final approval to a £320 million regeneration scheme in Harrow.
The project will turn the 40-acre strip of land, previously used by the camera company Kodak, and build 985 new homes, a primary school, medical centre as well as shops and offices.
Portfolio holder for regeneration at Hallow Council, Keith Ferry, said he was ‘delighted’ that the project, which was granted panning permission in June, had finally been approved by the Government, paving the way for building work to start in early 2014.
Mr Ferry said: “As a council we are determined to deliver on our promise to regenerate and build the most sustainable community in Harrow and to establish a thriving residential and commercial centre.”
Developer Land Securities estimates the project, which also includes a community centre, student accommodation, and a retirement home, will create up to 1,500 jobs in the construction industry.
Harrow Council said that this development is the biggest in the area and it forms part of the wider Heart of Harrow project, which seeks to create 3,000 new jobs and build 2,500 new homes.
What is your reaction to the multi-million development scheme which has been approved by the government? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The Government’s fund is set to build around 16,000 new homes and provide financial support for housebuilders on stalled sites across the country, paving the way for employment opportunities in the trades.
The HCA has estimated that the shortlisted schemes could unlock the building of 7,000 homes and create thousands of new jobs in the building construction sector.
HCA chief executive Pat Ritchie said: “The Get Britain Building programme is offering housebuilders the financial support to get stalled developments back on track, and I’m pleased that more than 100 projects can move forward to the due diligence phase.
“We listened to feedback from the sector and reduced the minimum scheme size to 15, and I’m therefore especially pleased that 20 smaller projects have come forward and the majority of bids have come from SMEs.
“These projects must now prove that they can be delivered quickly, provide value for money for the taxpayer and fit with local priorities. As well as building much-needed new homes, the work will create or protect jobs, and boost local economies.”
Around £300 million of recoverable investment has been allocated to more than 130 projects through the first round of the scheme expected to be completed by December 2014. Round two of the scheme, which was announced last week, will continue until March 2015.
The Business Secretary, Vince Cable, has confirmed plans to create government backed ‘business bank’ which will help companies to invest and create new trade jobs.
Vince Cable’s new institution includes a series of collaborative strategies between businesses and government that are forecast to advance manufacturing and boost the trade industry.
Cable outlined his plans, committing to a long term, strategic partnership that will give businesses clarity about where the Government will be concentrating its efforts.
Speaking at Imperial College, London, Business Secretary Vince Cable said: “Our first part of that plan is lifting the barrier that poor access to finance puts on growth. By helping firms to invest capital, businesses expand, and create jobs.
“But I am also setting out a clear and ambitious vision, a commitment far beyond the usual political timescale that will continue to bear fruit decades later.
“It will give our businesses certainty, allow them to make their own plans, and know that the full weight of Government is behind them. We will work in a strategic partnership with industry, focusing our support on specific sectors. This is our commitment to growth in action.”
The speech sets out a number of other actions including:
- Creating a new institution to help companies invest in capital and drive their expansion. The scale and modus operandi of the institution are still under discussion, but it could operate through alternative providers such as the new challenger banks and non-bank lenders. Not only would this boost their lending capacity, but would also corral existing provision such as co-investment and guarantees to support business expansion.
- Developing a series of collaborative but challenging sector strategies in advanced manufacturing, knowledge-intensive traded industries, and the enabling industries. This will include building strategic partnerships with industries and targeting support for them to help realise their substantial growth prospects.
- The Business Secretary announced that 34 bids had been successful in the first round of the Employer Ownership pilot scheme securing £67 million of public funding and generating £98 million in private investment, making sure that employers can access exactly the sort of skills they need. Ensuring our world class skills policy is linked closely to the industrial strategy, in order that industry gets the skills they need to continue growing. This objective underpins the employer ownership pilot scheme where employers have been putting together radical plans to develop their own training programme.
- Accelerating the journey from pure academic research to a commercial product being brought to market to help boost ground-breaking technologies of the future. The Government has already made £180 million available to support the commercialisation of innovations in the life sciences sector and building on this new approach, there will now be a new Innovation and Knowledge centre in Synthetic biology to explore the opportunities this sector presents.
- Recognising Government’s role as a customer and developing a more intelligent partnership with its own supply chain by reforming procurement to make sure that businesses have confidence to take long-term investment decisions.
What is your reaction to the government’s plan to create ‘business bank’ which will help companies to invest and create new trade jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The University of Cambridge has been granted planning permission to build 3, 000 new homes as part of its £1 billion development in northwest Cambridge, creating significant employment opportunities for people in the trades.
The planning application for the 150 hectare site was approved by local authorities today, paving the way for residential and development partners to start building construction work in early 2013.
Cambridgeshire County Councillor Ian Bates welcomed the project’s planning consent. He commented that the £1 billion investment will encourage economic growth and create new jobs, showing that Cambridge is truly open for business.
Mr Bates said: “This new development and investment in the University will be a major boost to jobs in the area and help attract even more business.
“A booming Cambridge economy is good for our local communities and the nation as we have the ability to help the country out of recession.”
The University of Cambridge said in a statement today that it will provide 1,500 homes for key University and College employees, 1,500 homes for sale and accommodation for 2,000 students.
New 100,000 square metres research institutes will be built to the University’s wide range of community facilities. Around one third of the site will be used as public open space for sports, informal recreation and ecological use.
“This development is a major part of the University’s long term future,” said Vice-Chancellor Professor Sir Leszek Borysiewicz. “It will provide much of the residential and research accommodation that the University needs as it grows over the next 20 years.”
Councillor for South Cambridgeshire District Council, David Bard, said: “This development is key to the next stage in the development of Cambridge and will be an exemplar of sustainable living. The plans are of a very high quality and will deliver a new community that everyone will be very proud of.”
What is your reaction to the £1 billion investment at the University of Cambridge that will encourage economic growth and create new jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
Good news for the trades as the University of Hertfordshire selects a major developer to build a new 3, 000 bed student accommodation scheme that will create new jobs in the building engineering sector.
Preferred bidder Uliving Consortium is going to build 2, 511 new student accommodation units and transfer around 500 of the University’s existing residences at the College Lane campus in Hatfield.
In a statement, the Uliving Consortium, which is made up of major developer Bouygues Development and not-for-profit accommodation operator, Derwent Living, said that this will be a remarkable and truly transformational scheme that will improve students’ living standards.
The ambitious scheme will also provide new sports facilities, a campus gym, informal learning and social spaces and a new dedicated bus route. The University’s vision is to create a fully inclusive living and learning environment will pave the way for employment opportunities for builders, plumbers, electricians and gas engineers.
The scheme will be delivered in three phases with the first phase set to commence in May 2013. Each phase thereafter will be completed in time for the start of the following academic year; the entire scheme scheduled for completion in September 2016.
The new buildings that will be built through the scheme will achieve ‘True’ Zero Carbon accreditation and meet BREEAM Outstanding status.
Stephane Slama-Royer, Managing Director of Uliving and Managing Director of Bouygues Development said: “As student accommodation developers and managers we recognise that the quality of student accommodation has a huge influence on the student experience and that the provision of exceptional living environments is central to the success of these communities.”
What is your reaction to the newly appointed bidder of University of Hertfordshire’s 3,000 Bed Student Accommodation Scheme which create jobs in the trades? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
Speaking today at the largest trade and investment event ever held in Britain, Prime Minister David Cameron said that the £8 billion development of the Battersea Power Station in South West London will create 20, 000 jobs during its construction.
The mixed development will contain homes, office space, a hotel and retail space and will see the Northern Line extended with a new transportation hub at the Power Station site.
The Global Investment Conference, launched by the Prime Minister, is the first of a series of global business summits being held in London to showcase the UK during the Olympic and Paralympic Games. The event is expected to generate hundreds of thousands of new jobs for people in the trades.
The conference kicks off the largest and most ambitious set of trade events held in Britain. During the six weeks of the Games, the British Business Embassy will host 17 global business summits that will bring over £1 billion of deals and projects.
These events will allow more than 4,000 business leaders and politicians to exchange views and ideas, discuss local and international economic challenges as well as develop strong global partnerships for future growth and showcase the best of British business to the world.
Chancellor George Osborne said: “Britain has always been a country that is open to the world. In hosting the Olympic Games, we are showcasing that openness. As we welcome the world’s best athletes, we also welcome the world’s best companies – so that they can succeed, invest, and create jobs in Britain.”
Business Secretary Vince Cable said: “Tomorrow we welcome the world to London as the 2012 Olympic Games get underway. This summer is more than just a great sporting spectacle – it is an unrivalled opportunity to promote the best of British industry and make the most of our openness to foreign trade and investment.”
This month, the UN’s World Investment Report showed that the UK had retained its place as the number one destination in Europe for inward investment. The report showed that there were almost 60,000 new jobs created last year as a result of inward investment.
What is your reaction to the Global Investment Conference that could bring billions of pounds to the UK economy? How much of an impact will the Olympics have on your business? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
Plans to build a new £600 million shopping centre in Leeds will create thousands of jobs in the building engineering industry as one of the of Britain’s biggest high street retailers, John Lewis, has secured a deal to build a 258,000 sq ft anchor store near the development of Eastgate Quarters in Leeds city centre.
The first phase of the development, which is called Harewood, would also create two new shopping streets leading to the Victoria Quarter which will include 30 shops, six restaurants, and a multi-storey car park on the site of Leeds’ former police station.
Work on first phase of the development is expected to start in spring 2014 and it could be open by 2016, if plans submitted to the city council next year are approved.
A low-carbon energy centre for the scheme has been consented which will provide heating, cooling and electricity required by the development, with the opportunity to also support neighbouring homes and businesses.
As a result of the multi-million development, the retail led scheme could generate up to 4,000 jobs in the building engineering sector, providing more employment opportunities for plumbers, electricians and gas engineers.
Councillor Keith Wakefield, leader of Leeds City Council, welcomed the announcement describing it as excellent news for the city centre and the people from Leeds as a whole.
Mr Wakefield said: “All the parties have been working behind the scenes for some months now to facilitate an agreement which enables work to begin on this important development. So to know that we now have a clear timetable from Hammerson is really exciting.
He added: “Eastgate Quarters is a hugely significant development for the city which will enable our retail sector to compete with other British cities and attract international visitors and investors. It will bring thousands of new visitors to the city as well as creating a significant number of jobs for local people.”
What is your reaction to the £600 million development in Leeds that will pave the way for more jobs in the building engineering sector and people working in the trades? Share your thoughts with us by commenting here or raising your voice on our Facebook and Twitter page.
Housing Minister Grant Shapps has given the green light to a £30 million investment programme which will enable aspiring builders to build their own homes, offering exclusive access to funding and Government-owned land in seven locations across England.
The announcement is an attempt by the government to tackle country’s housing crisis and boost economic growth. The £30 million scheme will offer short-term loans and funding to builders, community groups and other small organisations looking to start self-build projects.
Commenting on the building investment programme, Housing Minister Shapps said: “I’m delighted to be able to announce the first seven sites with plots available exclusively for self-builders, as well as £30 million to offer short-term loans to help communities get their projects off the ground.
“This first-ever package of self-build support will help to achieve our goal to double the size of the industry over the next few years, but I want us to go further still. The new national planning rules require councils to consider the needs of self-builders in their area, and I would urge authorities across the country to look to Cherwell and the innovative work there as an exciting example of how this can be achieved.”
Public sector land for up to 60 homes will be made available in Cornwall – making it the nation’s first-ever large-scale self-build plot.
Mr Shapps praised the work of councils across the country that are looking to give as many local people as possible the opportunity to build their own homes – including on dedicated sites.
The Planning Minister also confirmed the rest of the sites which will be made available for builders to bid. They are:
- Kingsweir and Torpoint, Bristol
- Spencers Park, Hemel Hempstead
- Pleasley Colliery, Bolsover
- Upper Tuesley Milford, Surrey
- Wilson Road, Hanford, Stoke-on-Trent
- Chase Avenue, Walton Park, Milton Keynes
What is your reaction on the £30 million investment programme which will enable builders to build their own building projects? Share your thoughts by commenting here or raising your voice on our Facebook page:
Building, Engineering and Construction work of the Olympic Park for London 2012 has raised the public profile of the industry, helping millions of people in Britain to appreciate the importance of civil engineering to society, a survey by a leading engineering body revealed today.
A new survey published by the Institution of Civil Engineers (ICE) showed that over half of the public (53%) no longer just think about bridges when they think of civil engineering in the light of the London 2012 Olympic Games.
Nearly half of the 2, 000 people who took part in the ComRes survey said they would consider civil engineering to be a ‘respected’ profession, alongside jobs such as lawyers and teachers.
More than 46,000 jobs have been created as a result of the London 2012 construction project. Post-Olympic work, taking place just after the closing ceremony next month, is expected to create thousands of extra new jobs.
The successful delivery of the £7-billion worth Olympic infrastructure has raised the public profile of civil engineers and people working in the trades.
45% of the people who participated in the survey say they would consider civil engineering to be a ‘respected’ profession, alongside jobs such as lawyers and teachers. Over a third (38%) of the participants said they would encourage their children to pursue a career in civil engineering.
ICE President Richard Coackley said: “Our day-to-day lives depend on the infrastructure around us that is designed, built and maintained by civil engineers – from roads, railways and bridges to energy, water and waste networks.
“It forms the backbone of society and the economy. But unfortunately it is often only when things go wrong that the work of civil engineers is thrust into the media spotlight.
“The London 2012 Games have changed this – showcasing and celebrating the work of these often ‘unsung heroes’ while at the same time helping the public understand more about what civil engineers do and what a diverse and exciting career it is.
“If anything could excite and inspire young people to pursue civil engineering as a career it’s the Olympic and Paralympic Games – a true feat of engineering in every sense.”
What’s your reaction to the survey by the ICE indicating a bright future for civil engineers and people in the building construction industry? Share your thoughts by commenting here or raising your voice on our Facebook page.
Planning Minister Greg Clark has announced further steps to improve England’s planning system and support sustainable development which will pave the way for more jobs in the building construction sector.
The package of proposals includes measures to make it easier for businesses to re-use existing buildings without needing planning permission which will reduce the volume of planning guidelines and cut red tape, the Department for Communities and Local Government confirmed.
According to the government, previous measures to improve the planning system such as the National Planning Policy Framework and the Localism Act have supported a swifter decision making and sped up the application process by allowing more planning applications to go ahead.
The new proposals are expected to cut unnecessary information in the application process, stream up the amount of paperwork needed for planning applications and improve co-ordination between local authorities and building developers.
Commenting on the proposals, Planning Minister Greg Clark said: “Our reforms to the planning system are making it simpler, clearer and more accessible to people in communities.
“Following the simplification of the national planning policy in the National Planning Policy Framework, these proposed changes streamline the process of applying for planning permission.
“Our aim is to have a system that applicants and members of communities can be confident will give a reliable, swift and fair outcome.”
What’s your reaction on the new proposals by the government aiming to improve the planning system in England? Share your thoughts by commenting here or raising your voice on our Facebook page.
Leading property developers, Development Securities and the Cathedral Group, have confirmed today they have bought a 2.2-acre site in Greenwich town centre which will enable the development of a 350,000 sq. ft. mixed-use regeneration scheme, paving the way for new jobs in the building construction industry.
Following completed acquisition of the site for £16 million, both companies are now able to begin infrastructure work in order to prepare the land for the £110 million scheme which will include 25,000 sq. ft. mixed-use leisure and retail space.
From an earlier announcement it became clear that Development Securities has exchanged contracts for a £50 million residential element of the scheme with Willmott Dixon.
In addition, contracts for sale have been exchanged with McLaren at £8.3 million for the building of a 358-bed ‘student village’; the deal is expected to complete in August this year.
Chief Executive at Development Securities, Michael Marx, said: “This is a good example of the successful implementation of our strategy to create value by repositioning secondary or tertiary real estate into prime or near-prime development via the process of regeneration.”
If you are living in Greenwich, what’s your reaction on the substantial development which will transform the area? Share your thoughts about the future implications of the scheme by commenting here or raising your voice on our Facebook page.
The Government has given the green light to a massive regeneration scheme that will build new homes and carry out extensive refurbishments to more than 650 council houses in Brunswick, an area of the inner city of Manchester.
The 25-year regeneration project will see significant investment to the area, paving the way for new jobs in thesector and trade professionals.
The Homes and Community Agency (HCA), which approved the regeneration plan, said it will include building an improved neighbourhood design with new road layouts and safe open space. The project will also build a new retail area including new shops and amenities coupled with a 60-bed accommodation facility.
Deputy Leader of Manchester City Council, Cllr Jim Battle, welcomed the announcement for Brunswick saying that residents have long waited for such good news that will transform their area and deliver new homes.
Mr Battle said: “We have a fantastic community here that will no doubt continue to prosper as the regeneration plans come to fruition. Being so close to the city centre, coupled with the promise of new homes and an improved neighbourhood layout, I can see a bright future for Brunswick.”
The Government’s approval for the project means the Council can now consider a variety of bidders who will be responsible for delivering the regeneration plan. The Council said it will evaluate final bids from both Fern and Solutions 4 Brunswick, before selecting the preferred bidder later this year.
What’s your reaction to the approval of the long awaited regeneration plans in Brunswick? How the Government’s decision to refurbish and build new homes will benefit you/ your business?
The Scottish Government is going to invest more than £2 billion in a new energy efficiency scheme that will insulate thousands of new homes across Scotland and create new jobs for people in the trades.
The new investment will be delivered over the next ten years in a national programme that will transform aging houses, reduce heating costs and improve energy efficiency in Scottish homes.
Commenting on the £2 billion programme, Cabinet Secretary for Infrastructure and Capital Investment, Alex Neil explained it is essential to put such measures in place in order to improve the energy efficiency of homes across Scotland. He also emphasised the importance of the project for the creation of new jobs and future economic recovery.
Mr Neil said: “These strategies provide a great opportunity for Scottish businesses and can provide a real boost to our economy. Working with the energy companies, we plan to ensure investment of over £2 billion pounds is provided over the next ten years to ensure our housing stock is energy efficient.
“New technologies, which would bring down carbon emissions as well as household fuel bills, are key to energy efficient homes and a vital element in economic recovery.
“The drive to transform new-build through innovative design and construction approaches creates economic and export opportunities for Scottish companies, along with an opportunity to make greater use of Scottish timber in innovative products.”
What is your reaction to the £2 billion investment that will boost the building construction sector? Share your thoughts by commenting here or raising your voice on our Facebook page.
Somerset District Council has launched a six week consultation period over the plan to build 16, 000 new homes across South Somerset in the next 16 years.
Housing growth has been in the Council’s core development strategy with a strong agenda for boosting employment and creating thousands of new jobs, South Somerset District Council said in a statement.
The Council is inviting businesses and the people of South Summerset to express their views about the major development. The consultation period will run from 28th June to 10th August 2012. Once the consultation is completed, the Council’s proposed plans for new housing and jobs are expected to include policies on affordable housing, car parking, shops, open spaces and the environment up to 2028.
Leader of the Council, Cllr Ric Pallister, described the Local Plan as ‘one of the most important issues to come before the people of South Somerset in more than a decade’.
He said: “We need to take a long term view that is more concerned with meeting the needs of future generations than it is about today’s concerns. Although we are now in the closing stages of the plan being adopted, having taken note of everything the community have said so far, there is this last opportunity to have your say. Comments, either in support or objection, will then be passed on to a Planning Inspector who will hold a public Examination and make a final decision later this year.”
Current Draft of the Local Plan includes:
- 40 hectares of employment land already committed
- 5 new hectares of employment land within the town and 7 new hectares (1,565 jobs) in a Sustainable Urban Extension
- 2943 new jobs
- 3,704 homes allocated, proposed a further 4,111, to include a Sustainable Urban Extension of 1,565 homes to the South, rising to 2,500 homes after the year 2028.
- Green Buffer to protect the villages of East Coker & North Coker
- 13 hectares of new employment land
- 886 new jobs
- 1,861 homes proposed with a further 1,376 after 2028
- Strategic growth will be to the east of the town and including town centre regeneration.
- 5 hectares of new employment land
- 490 new jobs
- 692 homes already allocated proposed a further 11
- Strategic growth will be to the south west of the town, north of Lawrence Hill and west of Wincanton Business Park.
- 10.10 hectares of employment land already committed
- 472 new jobs
- 901 homes already allocated proposed a further 127
- Strategic growth will be located at the Crewkerne Key Site.
Ansford / Castle Cary
- 3 hectares of new employment land
- 223 new jobs
- 127 homes already allocated, proposed a further 273
- Strategic growth will be to the north of Torbay Road and east and west of Station Road.
- Request for a road link between Station Road and Torbay Road to improve access to employment area.
- 3 hectares of new employment land
- 251 new jobs
- 235 homes already allocated, proposed a further 165
- Strategic growth will be to the west of the town.
Langport / Huish Episcopi
- 3 hectares of new employment land
- 233 new jobs
- 295 homes already allocated, proposed a further 105
- Strategic growth will be to the north, east, and south east of the town (employment only to the south east to protect nearby wildlife nesting grounds).
- 23.5 hectares of employment land already committed
- 343 new jobs
- 199 homes already allocated, proposed a further 332
- Strategic growth will be to the south east of the town.
- All rural centres to receive 2 hectares of employment land each (828 jobs overall)
- Bruton – 113 homes already allocated, proposed a further 104
- Ilchester – 151 new homes
- Martock – 101 homes already allocated, proposed a further 145
- Milborne Port – 210 homes already allocated, proposed a further 89
- South Petherton – 151 homes already allocated, proposed a further 94
- Stoke Sub Hamdon – 6 homes already allocated, proposed a further 49
What is your reaction to the major development in Somerset which is expected to build thousands of new homes and boost the building construction industry? Share your thoughts by commenting here or raising your voce on our Facebook page.
As part of the Green Deal, the Government has set out a new legislation which will help the energy industry enhance customer protection and improve energy efficiency in the UK, the Department of Energy and Climate Change revealed this week.
The rising cost of gas and electricity as well as millions of energy inefficient homes across the UK have urged the Government to bring the second phase of the Green Deal into operation, boosting the low carbon economy and supporting up to 60, 000 jobs in the insulation industry.
An additional investment of £1.3 billion a year to develop heating measures across the UK is expected to be announced by Energy and Climate Change Secretary, Edward Davey, later this week.
Commenting on the new legislation Mr Davey said: “I am determined to make sure that, in addition to creating huge opportunities for Green Deal providers and businesses along with thousands of new jobs, this new market in energy efficiency will deliver the very best deal for consumers.”
He explained that the new legislation will allow the energy industry to implement the Green Deal and improve energy efficiency, making sure that the most vulnerable homes are benefiting from the scheme.
The Energy and Climate Change Secretary said: “We have listened very carefully to what industry, consumer groups, and other organisations have told us. Broad support for a managed, tested and careful introduction of the Green Deal fits exactly with our objective to provide an excellent customer experience from day one and a market where a range of new players can readily participate.”
What is your reaction to the new legislation of the Green Dean that will improve energy efficiency and boost employment across the UK? Share your thoughts by leaving a comment here or raising your voice on our Facebook page.
The London Legacy Development Corporation (LLDC) has unveiled plans for the regeneration of the future Queen Elizabeth Olympic Park which will generate millions of pounds in the British economy and boost the building construction industry.
The new park will reopen exactly one year after London 2012 opening ceremony, becoming an exciting new visitor destination and community park unlike any other in the UK, the LLDC said.
The creation of the Queen Elizabeth Olympic Park will be one of the biggest construction projects in Europe. The 18 month transformation programme will lay the foundation for further building and construction work in East London over the next 20 years.
The transformation programme will clear Games-time structures including temporary venues such as bridges, walkways and roads. It will also connect the Park to the surrounding area with new roads, and foot paths as well as complete permanent venues to be used by visitors and the public.
The Legacy Corporation said that it is working together with experienced team of construction and architecture specialists who will deliver the best quality Park whilst making sure plans are completed as quickly and efficiently as possible.
Chief Executive of the LLDC, Andrew Altman, commented that the Queen Elizabeth Olympic Park will become one of the most thriving parts of London and will help for the creation of thousands of new homes and jobs in East London.
Mr Altman said: “The transformation will take the Park from an Olympic site, to a new piece of London that’s owned and shaped by the community in and around it. Above all, the Park will create a place of practical benefit for the surrounding community – a place to take your children swimming at weekends, go to school, walk your dog or go to a festival in the summer.”
He said: “The fantastic new sporting venues are only one part of the unfolding legacy story. The Park will help drive the growth London needs to steer it out of recession and on to long term prosperity.”
What is your reaction to the post-Olympic work revealed by the London Legacy Development Corporation? Share with us how you might benefit from the project by leaving a comment below:
As reported by BBC News today, homebuilder Redrow has announced plans to raise £80 million of new shares to fund its expansion plans, which will create growth opportunities for the building construction sector.
Redrow has secured planning for more than 3,000 plots across the UK and acquired new sites totalling £50 million which are likely to create more employment opportunities for trade professionals. The housebuilder told the Financial Times that it intended to acquire more land ‘as and when opportunities arose’, as well as developing land bought cheaply during the recession.
Steve Morgan, Executive Chairman at Redrow, outlined the significant growth opportunities for the London area and other regions by saying that the firm will continue to follow its existing strategy for growth.
Mr Morgan, who is also the owner of Wolverhampton Wanderers Football Club, said Redrow has made good progress in selling high-quality family homes and that the firm will continue to pave the way for more work in the future, increasing confidence in the housing market.
He said: “We now believe the time is right to accelerate that strategy by taking advantage of the development opportunities we see.”
What is your reaction to the announcement by housebuilder Redrow to raise significant investment and boost the housing market? How do you think trade professionals could benefit from this? Share your thoughts by leaving a comment below:
Britain’s largest privately owned Housebuilding and Construction Company, Miller, has won building contracts worth £51 million at Bangor and Durham universities. Building and construction work at Bangor University will begin in May this year, continuing until 2014, whilst work in Durham will begin this month and is expected to be completed by September 2013.
Miller will build a £40 million art centre at Bangor University and carry out extension work at Durham University’s Business School. As part of the £40 million investment at Bangor University, the construction firm will also build a studio theatre, cinema, restaurant, bars, a new students’ union building as well as additional learning and teaching space.
Chris Webster, Chief Executive of Miller Construction, told Construction News: “We are building a strong portfolio of projects in Higher Education and the contracts at Bangor University and Durham University provide us with the opportunity to reinforce our expertise and skills in this market.”
Research by the building firm Wates revealed last week that 79% of UK universities are planning to expand or make significant improvements to their existing buildings. Two thirds of universities are willing to spend more than £5 million on construction work in the future; the Higher Education Sector will be a major source of work for trade professionals and building contractors.
Universities across the UK are planning to spend millions of pounds on new buildings and improve facilities as they are competing to attract more foreign and domestic students – research by the building firm Wates has shown.
Two thirds from all UK universities are going to spend more than £5 million on new construction work. This means that the Higher Education sector will continue to be a major source of work for contractors and trade qualified professionals.
Wates said the research represents different type of Universities. The BBC reported that there are more than 160 higher education institutions across the UK. The research shows that 79% of these have building plans to expand and make significant improvements.
According to the research, a third of universities are considering extensive building plans, some of those include creating new partnerships to modernise science facilities and even build a multi-purpose hotel on campus.
Ian Vickers from Wates told the Construction Enquirer: “Students are being asked to pay more than ever before for a university degree. That means they expect a quality of experience that reflects the high price they are paying.
“In order to remain competitive, universities are therefore looking to deliver modern facilities that have the ‘wow’ factor whilst also encouraging more efficient and collaborative use of space.” added Vickers.
What is your reaction to the survey by Wates revealing that the Higher Education sector will be a major source of work for the construction industry? Share your thoughts by leaving a comment on Train4TradeSkills’ Facebook and Twitter pages:
Homebuilders and property developers will benefit from a new £5 million investment for Bristol’s Temple Quarter Enterprise Zone which will bring thousands of new jobs in the area, the Homes and Communities Agency (HCA) revealed today.
Bristol City Council will invest £3.8 million to buy Brunel’s Old Station building and bring the property to public ownership whilst detailed plans for reconstruction and building work are taking place.
The HCA said part of the building could be used for the rail industry to improve services between Bristol and London, with the remaining space used to build conference facilities to support the growth of creative industries within the Enterprise.
Network Rail Western’s route Managing Director, Patrick Hallgate, welcomed the move by the HCA and Bristol City Council to improve railway facilities in Bristol and deal with the continually increasing demand.
Mr Hallgate said: “We need to grow the railway to cater for this boom and there is potential to do so by redeveloping the land, buildings and railway in the Bristol area. A shared vision and firm support from key players such as HCA and the council will be instrumental in helping us shape a successful rail strategy that also fits in with the enterprise zone’s vision for the future of Bristol.”
With the remaining £1.2 million, HCA announced it will support the relocation of Pest Control Depot and its existing facilities to a new purpose build depot elsewhere in the city. It has been forecasted that both projects will create 17,000 jobs over the next 25 years and deliver sustainable economic growth within the area.
HCA Head of Area, David Warburton, said this vital investment will create great opportunities for a number of organisations, provide improved workplace for thousands of individuals and improve public facilities.
Mr Warburton said: “It’s vital that Brunel’s Old Station is used to its full potential, whether that be to support Network Rail Western’s plans for improved transport links, or provide improved workspace and facilities for companies who want to be based here. Working with the City Council to acquire the building will allow us to do that.”
What is your reaction to the investment by HCA to improve facilities in Bristol and encourage economic growth? If you live locally, how are you going to benefit from this investment? Share your thoughts by leaving a comment below:
Building and Construction contractors will be able to take pride and promote their businesses for the good work they have done in building the Olympic venue for London 2012 the day after the closing ceremony of the Olympics, Sports Minister Hugh Robertson has confirmed.
Marketing and regulation rules imposed under the London Olympic Games and Paralympic Games Act 2006 prevents contractors from publicising their contribution in the construction of the Olympic venue until 13 August 2012, the day after the closing ceremony.
Currently, contractors are banned from mentioning their names in relation to the Olympics. This measure is considered to be designed to protect the official sponsors of the Games.
Tessa Jowell, a former Olympics minister, raised the issue in Parliament this week saying that it’s vital for British contractors to be able to advertise the good work they have done, this then would help Britain’s construction sector in the future.
Labour MP Jowell said: “Those businesses that have done so well and are rightly proud of their contribution to this year Games are too tightly bound by the marketing rights protocol which is preventing them from revealing the part they have played.”
What’s your reaction to the measures taken by the government to prevent contractors mentioning their names before the end of the Olympics? Share your thoughts by leaving a comment below:
London’s fastest growing airport of 2011 has unveiled expansion plans to meet the growing number of passengers over the next 10 years. The redevelopment scheme will aim to cope with growth in passenger numbers as well as create new jobs in the building construction sector.
London Luton Airport Operations Limited, the operator of London Luton Airport, has proposed three main phases for the airport’s continual redevelopment work which will take place over the next 15 years. The construction of new facilities, major improvements to current terminal buildings and creating new aircraft stands, are some of the proposals in the airports’ ‘Master Plan’ to make Luton ‘London’s Local Airport’.
Managing Director of London Luton, Glyn Jones, believes the expansion of the airport is a key economic driver for the region and a great opportunity to make ‘low cost’ air travel more convenient for millions of people every year by flying through London Luton.
Mr Jones said: “Today we have outlined a credible and realistic plan that, if approved, will put Luton at the heart of solving the burden on point-to-point short haul operators who want to grow.”
He also said that the Mayor of London, Boris Johnson, has proposed a new hub in the Thames Estuary to deal with the increased number of passengers on medium and long haul aviation capacity in London.
Lead Officer at London Luton Airport Limited, Steve Heappey, said that they welcome any comments, questions and feedback on the proposals to grow London Luton Airport and the benefits that this will bring to Luton and the region.
What is your reaction to the proposals to expand London Luton Airport? Share with us the potential benefits from the airport’s redevelopment for you and your business by leaving a comment below:
One of the UK’s largest building distributors, SIG, has reported a rise of 3.9% in sales of building materials for the construction industry. The positive news comes as the demand for contractors, builders and construction companies continues to rise due to a return in confidence in the housing market.
Growth figures are considered to be a result of improved trading conditions and recent government investments aiming to boost the building construction sector.
The government made the announcement this week to help up to 100,000 people in England buy their own homes. The recent scheme,‘NewBuy’, will further increase demand for new build homes and unlock the housing market, Prime Minister, David Cameron said on Monday.
SIG’s pre-tax profits reached £81.7 million when the group is planning to open more than 15 new branches in the future. The current housing shortage in the UK is expected to encourage building of more new homes as well as increase employment across the construction sector.
Chief Executive at SIG, Chris Davies, thinks that despite the current uncertainties in the macroeconomic environment the company will continue with its positive performance.
Mr Davies said: “We enter 2012 as a much leaner, stronger and more focused organisation. Sales per day in constant currency so far this year were around 1% ahead of strong prior year comparators, despite the impact of severe weather across mainland Europe in February this year.”
What is your reaction to the improved sales figures of SIG, suggesting that the construction sector is better now off than it used to be a few years ago? Share your thoughts by leaving a comment on Train4TradeSkills’ Facebook and Twitter pages:
Prime Minister, David Cameron, has today launched a new housing scheme for England which will boost demand for newly built homes and increase employment in the building construction sector.
Under the new loan guarantee programme, NewBuy, the government is investing £1 billion into an affordable mortgage guarantee scheme which will help up to 100,000 people across England to buy their own home by paying a lower deposit rate.
Andy Gray, head of mortgages for Barclays, said: “We believe this will boost housing market confidence and support the flow of new housing, providing positive consequences for jobs and the economy as a whole.”
Speaking at a construction site in South London today, Mr Cameron said that the government will do everything it can to help those who want to buy their own home. The Prime Minister believes the new scheme will boost the construction industry and unlock the housing market.
Mr Cameron said: “The problem today is that we have lenders who are not lending, so builders cannot build, so the buyers cannot buy and it needs the government to step in and help unblock the market.”
The NewBuy housing scheme will boost the supply of properties, increase employment opportunities for people in the construction industry and provide affordable mortgages to those with lower incomes. The scheme is also expected to boost the national economy by the construction of additional homes.
What is your reaction to the NewBuy scheme announced by Prime Minister Cameron today? Do you think it will help home buyers with lower incomes to secure their first home? Share with us what the benefits will be for the construction sector by leaving a comment below:
With the increased funding, the total amount available to firms that are looking to create new jobs will reach £2.4 billion. The scheme is expected to make a significant contribution to the manufacturing and construction industry.
Deputy Prime Minister Nick Clegg said the RGF is already having a huge impact on jobs’ creation because businesses across the UK now have the investment which will contribute to their local economy. The Liberal Democrat shared his enthusiasm about using the money for carbon cutting initiatives that will have positive effects on the environment and the renewable sector.
Mr Clegg said: “There have been over 170 successful bids to the fund, leveraging around £7.5 billion of private sector investment and set to create and protect 330,000 jobs. I want to see more businesses that are confident they can create jobs and get Britain building”
“Funding from rounds one and two has gone to some extraordinarily promising manufacturing projects. From Pirelli Tyres in Carlisle who’ll use the money to develop a new range of carbon-cutting tyres; to a Portsmouth based company which hopes to use theirs to create a cutting edge boat building college.
“These projects will lead their communities into brighter times, helping put industry at the heart of the UK’s economy. Businesses have until June to apply for a share of this extra £1 billion.”- Deputy Prime Minister Clegg added.
How would your business benefit from the £1 billion investment of the Regional Growth Fund? Share your thoughts by leaving a comment below:
The decision of Camden Council to expand its list of maintenance and repair contractors will offer more opportunities to existing and new professionals in the building sector. The repair framework of Camden Council is expected to be worth around £14 million each year, meaning a significant incentive for a variety of firms in the building sector.
The Council’s current in-house contractor, DLO, has been working for sustainable development across some of its 33,000 housing stock; the additionally appointed contractor would work alongside council’s existing contractor which will carry out a separate £11m programme of housing work.
Camden Council will expect both, its current and newly joining contractors, to be working together in order to improve working systems and optimise existing procedures. The Council’s new maintenance contract will start in January 2013 initially for 5 years with the potential of the scheme to be extended by another 5 years.
Do you welcome the decision of Camden Council to put half of its housing repairs for an external contractor? What are your expectations of finding employment following Council’s decision? Share your thoughts by commenting on the Train4TradeSkills’ Facebook and Twitter pages:
Despite the fall in university application numbers, the building sector is confident it will complete development programmes across many universities in the UK- leading student accommodation builder “Unite” told Construction Enquirer today.
With fees rising to up to £9,000 per year from 2012, there has been a decrease of almost 9% in the number of students applying to universities in the UK – university applications’ body UCAS announced yesterday.
However, that will not hit university development programmes according to “Unite” because the actual number of students enrolling for a university place would remain close to the existing figure.
The building giant argues the reduction in applications means that 2012/13 applicant numbers are broadly in line with those of two years ago, meaning it will not hit any major redevelopment projects in the building construction sector.
The firm said: “Demand for university places still outstrips supply by approximately 32% and means that more than 156,000 students applying to study in 2012 will fail to secure a place.”
Unite does not expect the decline in applications to translate into a reduction in actual student numbers which could have a negative effect to the industry.
They said: “Based on our current reservations for 2012/13, which are in line with the same point in 2011, we remain confident of achieving rental growth of 3-4% for the year.”
There have also been signs of an increase in EU students applying to the UK, demonstrating the continued appeal of UK Universities for students from abroad.
Do you think the increase of tuition fees is the main reason for less student applications at universities? What affect is it going to have on the major redevelopment programmes across Universities in the UK? Share your thoughts by commenting here:
Prompt and successful completion of the building construction work for the Olympic Games in London this summer could be a chance for UK firms to get work all over the world – a leading publication in the trades, Construction Enquirer, reported today.
One of the UK’s leading International Consultants, McBains Cooper, has urged the Government’s trade teams to introduce more building contracts from abroad for the building construction industry in Britain.
McBains Cooper state that London 2012 is an excellent example of how a major project should be built and UK firms should use their management expertise to export their skills and knowledge to make major projects worldwide equally as impressive.
The successful construction of the Olympic venues triggers a world-wide interest for many countries which will host similar events in the future. The building of venues for the Olympics in London 2012 will give UK firms the unique opportunity to showcase their expertise and professionalism to potentially participate in big projects around the world.
An increasing number of building companies across the UK are considering applications for construction work ahead of major events in Qatar, Brazil and Russia. McBains Cooper, which has an alliance in Brazil for the venue of the 2016 games, expressed its determination to negotiate with all regions that are candidates for the 2020 games to secure future contracts.
Chief executive at McBains Cooper, Michael Thirkettle, said: “Everybody involved in construction, whether in Brazil or the 2020 candidate venues, has commented on the success of the planning and construction of everything London games-related. More often than not it’s accompanied by some positive reference to the UK construction industry, and its professional advisers and consultancies being the best in the world.
“The fact is that in comparison to any other recent major sporting event – and some recent Olympics – London 2012 construction has run far faster and more efficiently. That has been noted by other countries, and, frankly, because of our reputation, British construction and professional consultancy businesses are amongst the very few who can travel the world to help drive and deliver major projects for other venue cities.”
Mr Thirkettle thinks that every business in the UK has the unique opportunity to promote itself and bring more investment from abroad.
He said: “The Olympics is a fantastic global shop window for British management expertise, design and construction skills, and that expertise can be exported to make other games equally impressive.”
Do you see the successful construction work of the Olympic venues as an opportunity for your business to win more contracts in future? Tell us how optimistic are you about exporting your business abroad?
Imperial College London is giving an extra stimulus to the building engineering sector with submitting detailed plans for its redevelopment of the former BBC site on Wood Lane in White City, west London.
The new re-development will be equipped with wide-range of facilities and multi-purpose buildings meaning that a variety of construction firms will be able to benefit from the investment.
One of the leading contactors, ISG, is building the first phase of four, 10-storey accommodation blocks for 600 students on the site. The project is scheduled to be completed in August this year.
The 87,900 square meters redevelopment will include health and biomedical research centre, building for new technology start-up businesses and a four-star hotel.
In addition to the new 1, 2, and 3 bedroom private homes, which will be built on campus, Imperial College London will be built with local convenience services – including retail, pharmacy and healthcare services.
Imperial West is a new venture brining innovative ideas and modern design together. The architects of the projects are Aukett Fitzroy Robinson and PLP Architecture. The design includes a 34-storey landmark residential tower that will rise above the West London skyline.
John Anderson, Project Director for Imperial West, said: “Imperial West will enable the College to expand upon the success of its South Kensington site to create a second, open access academic campus that provides the physical infrastructure for world-class research and teaching, leading-edge facilities for business development and technology transfer, and create an attractive environment to live and work in.”
“We have refined the designs of the residential building, the academic health building and the office building to respond positively to residents’ comments as well as to the requirements of the planning authorities and Greater London Authority”.
What is your reaction on the re-development of the former BBC site in White City? Do you think Imperial College London will create more jobs and boost the building sector with its new campus?