Posts tagged economic boost
Developers are being sought to transform a derelict site in Portsmouth that will create 1,500 jobs and see the building of up to 1,600 new homes.
The Homes and Communities Agency (HCA) has announced it is seeking a development partner to build and market the first 80 new and affordable homes at its site in Tipner. Work by Portsmouth City Council includes the creation of a new motorway interchange and park-and-ride facility.
The site has undergone an extensive clean-up over the last year, which has seen the HCA invest around £3 million in preparing it for residential development.
This work has been carried out by specialist construction company the Tamdown Group, who have worked closely with local residents to keep them informed about progress on the site over the last year.
Kevin Bourner, HCA head of area, said: “This first phase of development marks an incredibly important step for a project which stands to make a hugely positive contribution to the local community and wider economy over the long-term.
“It will set the standard and tone of the rest of the development and demonstrates to those who have backed the project for so long that progress is being made. This is a complex project, which has required a great deal of work to get to this stage.
“I am confident that prospective partners will see what a fantastic opportunity this represents to be part of an exciting scheme that has the potential to regenerate the area for future generations.”
Kathy Wadsworth, director of regeneration at Portsmouth City Council, added: “Tipner will be an important new residential and employment area at the gateway to the city, with major new transport infrastructure and waterside developments.
“It is a major part of our plan to bring £1 billion worth of investment into the city. The new motorway junction will enable more development in the area, and the park-and-ride will cater for visitors to our new-look city centre, which is being planned now.”
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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Highlands and Islands Enterprise (HIE) has appointed Kier as one of four construction firms on its new prime contractor framework to deliver the majority of its building projects that will create new jobs.
In the agreement, which will last up to four years, Kier joins Galliford Try Construction, Mansell Construction Services, and Robertson Construction to work on projects estimated to be worth around £6 million per year.
HIE director of regional development, Carroll Buxton, commented: “We are delighted to have agreed a contract with these four highly skilled and respected companies, all of which have strong links to the area.
“This partnership framework approach provides flexibility for the businesses and healthy competition for us which will ensure best value for the public purse.”
From its offices in Aberdeen, Kier is currently working on a number of projects across the region and its appointment on the framework will further strengthen the relationship between Kier and the HIE, established through the delivery of projects via the Scape National Minor Works Framework, on which Kier is the sole contractor.
Kier Construction regional managing director, Brian McQuade, said: “The appointment to HIE’s framework will provide Kier with an excellent opportunity to continue its relationship with local communities delivering employment and training opportunities in various disciplines and professions in the construction industry.
“Kier looks forward to supporting HIE in its role as the economic and community development agency for the Highlands and Islands of Scotland.
“Our knowledge and relationship with the local supply chain combined with our national buying power will deliver best value construction solutions that will support community benefits and development throughout the highlands.”
HIE is now discussing a number of pipeline projects with the businesses and hopes to award the first projects under the framework later in 2013.
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.”
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.
The European Commission (EC) has adopted a new Action Plan for encouraging the use of green infrastructure, and for ensuring that the enhancement of natural processes becomes a systematic part of spatial planning.
It aims to show how the EU’s Atlantic Member States, their regions and the Commission can help create sustainable growth in coastal regions and drive forward the “blue economy”, which has the potential to provide 7 million jobs in Europe by 2020
Environment commissioner Janez Potočnik said: “Building green infrastructure is often a good investment for nature, for the economy and for jobs. We should provide solutions that work with nature instead of against it, where that makes economic and environmental sense.”
The Plan will contribute to the EU’s “Blue Growth” strategy (IP/12/955) and is consistent with the Commission’s focus on regional collaboration to encourage sustainable growth and create jobs.
The strategy will focus on:
- Promoting green infrastructure in the main policy areas, such as agriculture, forestry, nature, water, marine and fisheries, regional and cohesion policy, climate change mitigation and adaptation, transport, energy, disaster prevention and land use policies. By the end of 2013, the commission will develop guidance to show how green infrastructure can be integrated into the implementation of these policies from 2014 to 2020
- Improving research and data, strengthening the knowledge base and promoting innovative technologies that support green infrastructure
- Improving access to finance for green infrastructure projects – the commission will set up an EU financing facility by 2014, together with the European Investment Bank, to support green infrastructure projects
- Supporting EU-level green infrastructure projects – by the end of 2015, the commission will carry out a study to assess the opportunities for developing an EU-wide network of green infrastructure.
Finance Minister Jane Hutt outlined that the Welsh Government has delivered additional investment of around £1.1 billion in infrastructure projects across Wales by maximising the use of reduced capital budgets and by generating investment of around £750 million through innovative finance.
Jane Hutt said: “The £76.5 million of additional capital investment I am announcing today supports the priorities set out in the Wales Infrastructure Investment Plan for Growth and Jobs and ensures every Welsh pound is used to boost jobs and growth.
“The main benefits of investment are gained over the long term. But in present circumstances, the jobs created in constructing new infrastructure are vitally important, and this latest package is expected to support around 1,400 jobs during the construction phase.
“This significant package of investment clearly demonstrates our commitment to stimulating economic growth, creating jobs, mitigating the impact of the UK Government’s Welfare Reforms and reducing poverty in Wales.”
The multi-million package of investment to increase housing supply, including:
- An additional £20 million for the Social Housing Grant specifically to target investment in providing housing for individuals and families that may be adversely affected as a result of the UK Government’s reductions in Housing Benefit; and
- £10 million to expand the pilot of the Houses into Homes initiative to bring empty homes in Wales back into use.
- A £25 million package of investment in education to further accelerate the 21st Century Schools Programme.
- £11.5 million for a railway and station in Ebbw Vale town centre, as an initial element of a wider programme to create a more integrated transport network in South East Wales and support the City Region strategy. This investment will be a further boost to the regeneration of the local area.
- £10 million additional investment in the Flood and Coastal Risk Management Programme, to protect homes, businesses and communities from the risk of flooding.
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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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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
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.”
Small and medium sized businesses (SMEs) struggling to access finance received a boost today as the Business Secretary Vince Cable launched the first phase of the new business bank set to address long-standing gaps in the SME finance market.
The multi-million investment is the first deployment from the £1 billion of new capital allocated to the business bank in the 2012 Autumn Statement. It will build on the success of the Business Finance Partnership to leverage at least the same amount in private sector investment.
The focus is on promoting greater diversity of debt finance available to SMEs by encouraging the growth of smaller lenders and new entrants in the market. Investments will be made via new and existing lending channels on a commercial basis.
New research by the National Institute of Economic and Social Research (NIESR) highlights that SMEs have been disproportionately affected in their ability to access finance as a result of the contraction in bank lending since 2008.
Business Secretary Vince Cable said: “Small and medium sized businesses are still telling me that access to finance is their number one problem, preventing them from investing and growing. That’s why through the business bank we are developing a range of measures to provide businesses with the power to choose the type of finance that suits them.
“Today’s £300 million boost shows we are serious about increasing competition and diversity in the business lending market. Establishing a lasting business bank institution is a long-term project, but getting this money reaching SMEs as soon as possible is the first step.”
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 survey of 398 firms found that output growth over the last three months remained steady but subdued.
But the outlook is much brighter for the next quarter, with output volumes expected to rise rapidly – the strongest expectations since April last year – with the anticipated pick-up in variety of markets and mechanical engineering sectors.
Exports orders are also at their highest level for three months, while total orders are broadly flat. Meanwhile expected price inflation has fallen back to levels last seen midway through last year.
Anna Leach, CBI Head of Economic Analysis, said: “Manufacturers appear more optimistic about the next few months than the official figures and commentary would suggest, with sharp rises in output expected right across the sector.
“Total orders were steady and in line with long-run averages and there was some pickup in exports, possibly helped by the weak pound.
“Price expectations have fallen to the lowest level for six months – driven by inflation expectations plummeting from near-record highs in the food, drink and tobacco sector.”
BAM Construction has been named preferred bidder for a £10 million contract that will see the building of two new primary schools in Sheffield.
The UK-wide contractor will build the schools in Shirecliffe and Fir Vale for Sheffield City Council, paving the way for new jobs in the construction industry and boosting the trades.
BAM is now working on designs to meet the requirements of the council ahead of a start on site in September 2013. Completion is scheduled for August 2014 so the schools can open at the start of the 2014/15 academic year.
Construction director Kelvin Pollard said: “We look forward to using our experience and skills to create two schools Sheffield can be proud of.
“These are important facilities for the city and we are delighted BAM has been chosen to deliver them.
“It is a great sign that BAM continues to be selected as a company trusted to deliver quality buildings at affordable prices through regional frameworks such as YORbuild.”
Councillor Jackie Drayton, Sheffield City Council’s cabinet member for children, young people and families, said: “Giving children the best possible start in their education is essential in helping them reach their full potential.
“Research has shown that children’s achievement at school can be improved by their surroundings. These new schools will provide desperately needed places and put well-designed facilities at the heart of the community. It’s great to hear that work will be starting soon.”
BAM has built a series of major education and health projects in Sheffield in the past ten years such as the Arts Tower and culminating in the laboratory rationalisation project for Sheffield Teaching Hospitals. On the border with Rotherham, BAM is delivering the new Advanced Blade Casting Facility for Rolls-Royce.
The 1.5 million sq ft residential-led development is based on the former Diary Crest site and is expected to create thousands of jobs in the construction industry and boost the trades.
Current plans include demolition of all existing buildings on the site and providing up to 1,150 new homes, business space, local retail and associated services, leisure and a range of community facilities comprising a multi-purpose community building incorporating basement and service level car parking.
The scheme will also see the building of an Urban Square, a public Central Garden Square with communal and private space available on site.
Development Director at Helical Bar, Matthew Bonning-Snook, said: “We are extremely excited about our proposals for Brickfields.
“The Eric Parry design code for the masterplan uses a predominantly natural palette of brick and stone to create sustainable and attractive buildings which, alongside the public realm and amenities, will form a genuine new London community.”
The brick-built homes will be a mixture of affordable, shared and private ownership. The developer and partner Aviva Investors also plan to build 150,000 sq ft of offices, retail and community facilities.
The site is part of the Mayor of London’s and Hammersmith and Fulham’s White City Opportunity Area, set to deliver thousands of new homes and jobs for the capital.
What is your reaction to the new residential development at White City that will see the building of new homes and boost employment in the trades? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
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 Mayor of London, Boris Johnson, has secured a £100 million government investment for housing providers to help boost affordable housing in the capital.
The new investment secured by Mayor Johnson forms the latest part of his pledge to safeguard London’s affordable housing market and create new jobs in the construction industry.
By improving housing options of Londoners, Boris Johnson is providing a real boost for building professionals and people working in the trades.
Today’s investment represents an additional funding to the first £100 million Housing Covenant announced by the Mayor in September. The scheme will target housing providers who commit to starting construction on site by March 2015 at the latest.
Mayor Boris Johnson said: “This latest tranche of cash is another fantastic opportunity for housing providers in the capital to deliver the homes that this city desperately needs.
“Whether it’s for affordable homes to own, or to make better use of properties that lie empty or under-used, the fund will help working Londoners across the capital and create valuable jobs in construction.”
The Mayor, who has overseen the release of 100 hectares of Greater London Authority land since he assumed his new housing powers, announced last month that funding allocations for the first part of his Housing Covenant would deliver more than 3,000 homes and support around 6,000 construction jobs.
Developers, local authorities, charities and private organisations are all invited to bid for funding, which will be used to deliver affordable homes to own.
The Mayor also wants to hear from organisations committed to bringing empty properties or under-used commercial units back into use as affordable homes or to help London boroughs tackle homelessness. Organisations interested in submitting bids in London will need to do so by April 30. The funding prospectus for this round of funding can be accessed from here.
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.”
What is your reaction to the new campus at Imperial College London that is forecast to create thousands of new jobs and boost the trades? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
Skanska UK has been selected to deliver a £28 million construction contract on the redevelopment of 100 Cheapside in the City of London.
Work on the 18-month contract is set to start immediately, paving the way for new jobs in the building industry and boosting the trades.
The development will include 9,000 sq ft of retail accommodation, which is likely to attract major brands looking for exposure to the City retail market on this prime retail thoroughfare.
Director at Quadrant Estates, Graham Tyler, said: “We have set high environmental targets for 100 Cheapside, and as a leader in sustainability Skanska is best placed to meet these.
“We are working with them on another City development and are confident that both will be delivered to a high standard.”
100 Cheapside will be a BREEAM ‘Excellent’ building, which will offer office floor plates of up to 11,000 sq ft over 10 floors, targeting core City occupiers looking for Grade A space.
Paul Heather, Managing Director at Skanska for London and the South East said: “Skanska is delighted to have won this contract in the heart of London.
“Winning this in such competitive market conditions is a true testament to our commitment to a more sustainable future and our client’s confidence that they can use our knowledge and skills to achieve a building which meets the high environmental standards of today and for years to come.”
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.
Outline planning proposals for the development of Triton Knoll windfarm in Lincolnshire have been revealed, paving the way for new jobs in the building industry.
Offshore wind farms provide enormous economic benefits during their construction both through direct job creation and through the wider supply chain.
It has been estimated that the Triton Knoll windfarm will see the creation of around 500 jobs during the different construction phases, each phase exceeding significant multi-million investment.
Developer RWE has invested over £10 million in the Triton Knoll project since 2003, the vast majority of which has been in support of the UK renewable energy.
There are currently approximately 25 people directly employed on Triton Knoll by RWE. Over 50 consultancy contracts, with a total value of approximately £3 million, have been awarded leading to many more people working on the project.
Over the next year further work will be available which will attract a further additional investment, requiring experienced contractors for the UK offshore renewable energy industry.
Project Manager for Triton Knoll, Jacob Hain, revealed that RWE was planning to use Alternating Current (AC) technology to transmit the power from the wind farm to the national grid, instead of High Voltage Direct Current (HVDC).
Mr hain said: “Our consultation will allow us to gather local knowledge and help communities to influence the proposals and have their say,”
“We are also now able to show the underground ‘cable corridors’ for the cables which will carry the electricity from where it comes to shore in the vicinity of Anderby Creek between the compound and the substation and to the national grid connection point.”
What is your reaction to the development of Triton Knoll windfarm in Lincolnshire which is set to create new jobs and boost the trades? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
Property developer Stanhope has outlined plans for BBC’s iconic Television Centre in White City that could see the building of 1,000 new homes.
Stanhope and the BBC have launched their vision to transform the Television Centre in West London that will be turned into office and studio space for the BBC, modern housing, complementary entertainment, leisure facilities and a hotel.
Listed buildings are to be retained, while the “inner ring” of the TV Centre will be converted into new apartments that will create new trade jobs as well as boost the construction industry.
David Camp, chief executive of Stanhope Plc, said: “Stanhope is working in partnership with the BBC to deliver a publicly accessible mixed use remodelling of these iconic buildings and redevelopment of the adjoining land.
“We will be introducing a vibrant and exciting mix of new retail, leisure, office and residential uses whilst keeping and enhancing the famous original BBC buildings and retaining key operational BBC studio and office facilities on site.”
- The listed buildings and the remodelled forecourt, frontage and elevation of Television Centre from Wood Lane will be retained
- The ‘inner ring’ of Television Centre will be refurbished to provide space for a hotel and residential apartments
- The current ‘Stage 4 and 5′ buildings will also be refurbished to provide speculative office space, targeted at being a new media or creative hub for businesses in the area
- The ‘Drama Block’, ‘Restaurant Block’ and Multi Storey Car Park on Wood Lane will be replaced with new residential buildings and townhouses and the ‘East Tower’ will be replaced with a more slender and appropriately positioned residential building
- A ‘Village Green’ of town houses for families with private rear gardens will be created to the south of the site
- There will be approximately 1,000 new residential units and townhouses in total, including affordable housing
- RIBA award winning practice Allford Hall Monaghan Morris are Stanhope’s lead architects on the project, supported by Macreanor Lavington and Duggan Morris
What is your reaction to the transformation of the BBC Television Centre in White City that will be turned in to offices and new housing? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The HCA has devised the plan at Kings Dock which will boost the local economy and enhance opportunities for existing and future trade professionals.
The new development will also create a pleasant neighbourhood with attractive public squares allowing access to the water space.
Liverpool City Council’s Cabinet Member for Regeneration, Councillor Malcolm Kennedy, said: “This is an important piece of work, which will guide the future development of Kings Dock.
“It supports our recently launched Strategic Investment Framework for the city centre, which includes plans to drive forward the regeneration of the waterfront, increasing visitor numbers, boosting our economy and creating jobs.”
The new masterplan builds on the successful first stage of development of the northern half of the Kings Waterfront site that is home to the world class Arena and Convention Centre Liverpool, hotels, restaurants, multi-storey car park and apartments.
Deborah McLaughlin, HCA Executive Director for the North West, said: “The masterplan has been designed to help continue the transformation of Liverpool into one of the UK’s most business and enterprise-friendly cities and position the city as an international conference and events destination.
“The proposals are wide-ranging to ensure that the emerging development framework is relevant, realistic and deliverable in the current economic climate. As landowner, the HCA is committed to ensuring that the Kings Dock contributes hugely to the prosperity of Liverpool.”
Creation of the South-West hubCo has been welcomed by construction firms across the region as a boost for securing future work in the building sector.
The multi-million deal was struck by six local authorities, three health boards, emergency services and other public bodies that will help secure long-term local employment opportunities.
Bill Martin, programme director of the South-West hubCo programme board, explained: “The structure of this relationship means that it will bring real opportunities to local businesses as over 80% of the construction value will be competitively tendered to SMEs on the supply chain.
“We are delighted with the outcome of the agreement which will deliver innovation and better value-for-money on all our construction projects.”
Nick Parker, chief operating officer of Equitix and a Director for Alliance Community Partnerships, stated: “We are very much looking forward to building a successful and long-lasting partnership with all organisations involved in the South-West hubCo, delivering much-needed projects and investment in the local communities.”
“Importantly, the formation of the South-West hubCo will facilitate the creation of new employment and training opportunities for local companies in challenging economic times.”
The Scotland-wide hub initiative is led by the Scottish Futures Trust and reflects a national approach to deliver new community infrastructure valued at more than £1.5bn over the next 10 years.
It brings community planning partners including health boards, local authorities, blue-light services and other public bodies together with a private sector development partner to form a hubCo, to increase joint working and deliver best value.
Communities Secretary Eric Pickles argues that the new planning measures will ensure empty and underused offices can be swiftly converted into much-needed homes for local people.
The proposals are expected to create jobs in the construction industry and provide significant boost for people in the trades.
Further reforms will also help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business uses.
Buildings no longer suitable or needed for agricultural use could be transferred into new growth-boosting ventures that benefit rural areas, such as shops, restaurants, small hotels and leisure facilities.
Communities Secretary Eric Pickles said: “We want to promote the use of brownfield land to assist regeneration, and get empty and under-used buildings back into productive use.
“Using previously developed land and buildings will help us promote economic growth, provide more homes and still ensure that we safeguard environmentally protected land.
“We are absolutely determined to support people striving to bring life back to their communities and high streets.”
Planning Minister Nick Boles said: “These new changes ensure the very best use is made of our existing buildings to provide new homes and makes sure we get the most use we can out of our previously developed land.
“These changes are an important step in improving the planning system and making sure it is in the best possible shape to swiftly adapt to changes and opportunities that can provide a big boost to the economy.”
President of the Country Land and Business Association, Harry Cotterell, said: “We are very pleased with this announcement. It is something for which we have campaigned for years.
“It offers farmers and land managers the chance to find alternative sources of income by using their redundant agricultural buildings in new ways.
“This will underpin their farming businesses and boost the rural economy by helping to create new jobs and businesses at a time when they are greatly needed.”
The four one-bed semi-detached houses on Chalklands in Linton have been given the go-ahead by South Cambridgeshire District Council’s Planning Committee, and will replace an existing block of ten under-utilised garages owned by the Council.
Work is set to start onsite later this year and is due to be completed in 2014.
Up to 1,000 new council-owned and affordable properties are planned in the district over the next 30 years after a change in government housing funding policy.
Cllr Mark Howell, South Cambridgeshire District Council’s cabinet member for housing, said: “I’m delighted that approval has been granted to build these much-needed homes, marking a great start to our plans to build hundreds of new homes in the district.
“For the first time in years we have the option to invest heavily in new council houses, and we’re committed to listening to local people and parish councils to put them where they’re most needed.”
The latest phase of another Cambridgeshire’s drive to build almost 25, 000 new homes and create thousands of construction jobs has last week gone on display for public consultation.
A new town at Northstowe recently had its first phase approved. The scheme may eventually see thousands of new homes built, making it one of the biggest new towns in Britain since Milton Keynes.
A wind farm that will create new jobs and generate £30 million for the Highland economy has been approved by the Scottish Energy Minister Fergus Ewing.
The 85-megawatt project will have 25 turbines and generate up to the equivalent of the energy needs of 40,000 homes.
The wind farm, by developers RidgeWind, will employ 90 people for its two-year construction and three people directly and three indirectly once up and running.
Mr Ewing said: “The construction will provide a valuable boost to the local economy, injecting £30 million and creating 90 jobs.
“Once it is up and running it will save thousands of tonnes of carbon dioxide each year, and it is expected that the savings made will ‘pay off’ the carbon footprint of constructing the site in less than two years.”
The developer is set to provide five £1000 scholarships for local young people going on into university or technical college.
What is your reaction to the approval of the Invergarry wind farm that is set to bring economic boost to the region and create new jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The announcement comes after the Prime Minister, David Cameron, visited the site and showed his support for the project in an attempt to prevent planning levy for local infrastructure being double-charged and cut red tape.
David Cameron said: “Already the changes we are making to the planning system are having an impact, with Land Securities giving the go-ahead to a major multi-million pound investment, supporting thousands of jobs in our construction industry.”
The scheme is designed by Lynch Architects and it comprises of two new buildings: The Zig Zag Building, a 190,000 sq ft office building over 14 floors with a staggered façade; and Kings Gate, a 12 storey residential building comprising 100 apartments.
Both buildings will provide a new and enhanced retail space with 45,000 sq ft of space, together with considerable improvements to the public realm benefitting the wider Victoria area. The buildings are planned to complete in summer 2015.
Robert Noel, Chief Executive of Land Securities said: “It is heartening to know that the Government has listened to the industry and acted to remove some of the uncertainty in the planning process.
“It enables us to progress with developing the former Kingsgate House site and continue to transform Victoria into a distinct and vibrant West End hub where people choose to live, work and visit.
“Our experience with our current developments demonstrates that Victoria is proving attractive to potential occupiers. This project will further add to its appeal.”
The scheme will also provide an affordable housing contribution of £11.6 million which will be directed towards the provision of affordable development in the Westminster area.
Enfield Council has unveiled plans to spend £22 million on a building programme to expand 11 schools across North London which will provide 2, 400 extra school places and boost the trades.
Most of the building work is expected to be completed by September next year and could create hundreds of jobs in the construction industry as well as boost the local economy.
The Council has chosen Cornerstone Property Assets for its delivery partner of the scheme.
Cornerstone, which is led by former Partnership for Schools’ chief executive Tim Byles, welcomed the school expansion programme that will see the construction of much needed school places and improve the existing facilities.
Mr Byles said: “Enfield is taking a highly innovative approach to addressing their shortfall, and subject to the consultation, we very much look forward to working with them to create the additional places in safe, secure facilities in time for the new school year in 2013.”
Enfield Council’s Cabinet Member for Children and Young People, Cllr Ayfer Orhan, said: “This £22 million project will provide hundreds of extra primary school places in the areas they are most needed and improve our educational facilities ahead of the 2013 school year.
“We want parents and our partners to tell us what they think of the proposals so Enfield Council can be sure we get this project right and provide enough school places for Enfield’s pupils for years to come.
“We need to accommodate the expected increase in primary school places so we can address parent’s concerns that their children don’t have to travel excessive distances to school.”
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 UK Green Building Council (UKGBC) has announced the launch of a new project that will kick-start the Green Deal and creates new jobs.
Speaking alongside climate change minister Greg Barker at the Conservative Party conference in Birmingham, UKGBC’s chief executive Paul King welcomed the implementation of the scheme and outlined its potential for stimulating economic growth.
Mr King praised the Government’s commitment to the scheme, but warned that it needed adequate support to accelerate the level of uptake and implement its objectives.
He said: “The Green Deal still has the potential to be truly revolutionary in driving mass home retrofit. This new market could, if nurtured properly, create jobs, stimulate economic growth and protect consumers from ever-rising energy prices”.
Diana Montgomery, chief executive of the Construction Products Association, which is supporting the new project, said that despite the strong industry support for the Green Deal, more needed to be done to encourage households to take it up.
Dr Montgomery said: “Collaborating with the UK-GBC on this Green Deal Task Group project will help us to ensure that we can help Government effectively navigate the options they have available to them for capitalising on that opportunity.”
Incentives to be included:
- Stamp duty banding/rebates
- Council tax banding/rebates
- Energy efficiency feed in tariff
- Subsidised interest rates for Green Deal
- Low interest loans (outside Green Deal)/ Green mortgages (underwritten by Government)
- Lump sum grant/payment (cashback/vouchers)
- Progressively tightening minimum standards, inc. extending to owner-occupied sector
- Salary sacrifice (tax free scheme) through work/tax credits
- VAT cut extension to a wider range of measure
South Essex College has signed a £33 million contract with Skanska which will see the building of a new 2,500 place student campus in Essex.
Construction of the scheme is set to start immediately with the new learning campus being ready to open in the summer of 2014.
Skanska will be responsible for the construction of three and four storey buildings covering around 150,000 sq ft. It has the target of achieving BREEAM excellent rating and the facility will incorporate rainwater harvesting, air source heat pumps and roof level PV installations.
The project is expected to create hundreds of new jobs in the construction sector.
The new college aims to boost local construction skills and will teach welding, brickwork, carpentry, engineering, mechanical, electrical and plumbing skills.
Following the completion of the new facility, Skanska will undertake landscaping and associated works which will include car parking, cycle storage and external landscaping.
Paul Heather, Managing Director of Skanska for London and the South East said: “We have successfully delivered a number of world-class education facilities across Essex in recent years and this has enabled to bring together a wealth of experience, skills and expertise to this project.
“The development of the new Thurrock Campus will provide excellent facilities for the students, teaching staff and the wider community and we are proud to be part of creating this key learning environment”.
The Government has granted planning consent for the building of a 60MW power plant in Cheshire which will create 500 new jobs during its 3-year construction period.
The Secretary of State for Energy and Climate Change, Edward Davey, has given the go-ahead for E.ON Energy and Tata Chemicals Europe to build a new power plant at Northwich which will generate enough power to supply 80,000 homes and boost the local economy.
The plant will be built and operated by EEW. It will use pre-treated waste from economically recyclable materials that would otherwise be destined for landfill.
A spokesman from the Department for Energy and Climate Change said: “It is essential we have a balanced energy mix in the future to provide low cost, efficient energy to households and businesses.”
Commenting on the development, Director at E.ON, Nader Bahri said: “This decision is a milestone for EEW in the UK as it is our second UK plant to be granted planning consent.
“As a result, many tonnes of waste that would otherwise have gone to landfill could now be used to create sustainable energy.”
Tata Chemicals Europe Managing Director, Martin Ashcroft, welcomed the decision by Government to approve construction of the plant which will bring more competitiveness in the energy market.
Mr Ashcroft said: “As an energy intensive business, we are faced with ever-rising gas prices which are increasingly difficult to absorb. The new plant will give us fuel price stability which will allow us to reduce our reliance on fossil fuels and to plan our long-term future.”
Scarborough Development Group has submitted plans to build a £400 million development at Thorpe Park, East Leeds, which could create up to 6,500 new jobs and boost the trades.
The mixed-use development scheme is designed to meet the needs of business occupiers as well as provide a valuable hub for local communities in Leeds.
It comprises 1.2 million sq ft of office space, 130,000 sq ft food storage area, 177,000 sq ft leisure area for hotels and additional 33,000 sq ft for dining outlets.
The project will also bring the delivery of a 113-acre Green Park and Leeds’ first significant new public park in over 100 years.
Commenting on the plans, Mark Jackson, Managing Director of Scarborough Development Group said: “Our new plans will present a step-change at Thorpe Park with a new offer for established businesses, growing businesses and fledgling business.
“We want Thorpe Park to be an engine for economic growth in the immediate area, and a benefit to the whole City Region.”
Mr Jackson outlined the wider benefits of this development for creating new jobs and boosting the local economy.
He said: “Thorpe Park has the potential not just to boost the economy of the city region and help cement Leeds’ position as a regional capital, but also to provide thousands of new job opportunities for local people built around a more diverse economy and range of uses on the park.”
Shadow chancellor Ed Balls has called for the building of 100,000 affordable homes that will boost the economy and create hundreds of thousands of new jobs in the construction industry.
Today’s announcement comes as the shadow chancellor used his keynote speech at the Labour Party Conference in Manchester to demand radical measures to kick-start the economy and increase infrastructure spending.
Ed Balls said that a windfall of up to £4 billion is to come from the sale of the 4G mobile phone spectrum. This money could be used to fund the building of more affordable homes which will boost the trades and help people get on the property ladder.
Mr Balls said: “Let’s use that money from the 4G sale and build over the next two years 100,000 new homes – affordable homes to rent and to buy – creating hundreds of thousands of jobs and getting our construction industry moving again.”
According to the shadow chancellor, plans to boost long-term investment and skills are the only way to rising living standards and getting people into employment.
He said: “Conference, a clear and costed plan to kick-start the economy and get people back to work is to build the homes that we need now and for the long-term, building our way out of recession and re-building Britain for the future.”
What is your reaction to the proposal by the shadow chancellor Ed Balls to use the £4 billion from the 4G mobile phone network sale to build 100,000 affordable homes and boost the economy? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
House builders will have the chance to put their bids forward to deliver major building work which could boost the London economy by £2 billion and create new jobs in the construction industry.
According to the Mayor, injecting such significant investment in the housing market could contribute £1 billion worth of construction projects across the city.
The Mayor has said that all ‘reusable investment’ from this funding boost will be reinvested for the building of more affordable homes over the next decade.
Motor Johnson said “To improve the housing choices of those who work to make this city the fantastic place that it is, I am opening up the market, cutting red-tape and injecting £100million worth of investment to stimulate supply.
“The programme we are announcing will not just unlock the door to home ownership for thousands more Londoners, it will give a welcome shot in the arm for jobs in the capital’s construction industry and spur wider economic growth too.”
The first homes are expected to be available for sale in early 2013 with completions ranging up until March 2016.
Housing minister Mark Prisk has announced a £1 billion investment package to improve council homes across England that will provide work for thousands of tradesmen.
The new funding could bring over 86,000 homes up to a decent standard, paving the way for new trade jobs in the building construction industry.
It is the latest round of funding under the Decent Homes Programme which aim is to help councils bring their homes up to a decent standard, from fitting new roofs and windows to updating kitchens or heating systems.
Mr Prisk said that this new construction and skilled work would provide a shot in the arm for thousands of local businesses and tradesmen, supporting the Government’s measures to boost British jobs and the economy.
The Minister said that spending money earlier would help boost local employment as early as possible, as well as delivering home improvements for tenants ahead of schedule.
Mr Prisk said: “By improving this country’s council homes we will transform many families’ lives for the better, bringing their living standards up to scratch ensuring that their home is the safe haven it is meant to be.
“But the benefits of the £1 billion I’ve confirmed today reach far beyond tenants themselves and into the local economy.
“With every pound spent on improvements boosting local business, creating new jobs and supporting local spending, I want to see councils realising the benefits of this cash as soon as possible.”
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The mixed-use housing scheme at Oakgrove, Melton Keynes, is set to stimulate economic growth and meet high demand for new homes in the area as well as boost employment in the construction industry.
Oakgrove will form a new community with varied sized homes in a parkland setting clustered around a new neighbourhood centre, which will include retail and restaurant facilities.
The development is designed to Code for Sustainable Homes Level 4 and it will deliver achieve energy efficiency of a modern home. It will also include affordable housing for those unable to get onto the housing ladder.
Crest’s Executive Board Director, Chris Tinker, said: “Crest Nicholson is delighted to be commencing the delivery of this landmark and much anticipated development at such a critical time in the economic cycle.
“We would like to pay testimony to the officers and members of Milton Keynes Council who have worked hard with the Crest and HCA project team to bring this scheme forward.
“I have no doubt that through the jobs created and quality new homes it will both stimulate growth and meet pent-up housing need.”
Norman Lamb has used the Liberal Democrat Conference in Brighton to announce an extra £100 million investment for the construction of new care homes.
The care services minister revealed that the government fund for specialised housing will be increased from £200 million to £300 million which could see the building of 9,000 new homes and boost the trades.
Norman Lamb said: “Staying independent and having the choice to live in your own home as you get older is something we know most people want.”
The Chartered Institute of Housing (CIH) welcomed the announcement by the care services minister, describing it as a great opportunity to build safe and improved homes across the country.
Domini Gunn, director of health and wellbeing at the CIH, said: “We are delighted to see the Department of Health making a commitment to help support greater health and independence for older people and to provide safe homes.
“The investment will create new opportunities to deliver additional and improved services through collaboration with housing and health professionals as well as planning departments.
“This is a great opportunity for housing to be recognised as an important function in the effective delivery of care provision.”
A plan to boost housebuilding in Manchester and make new homes more affordable has been agreed this week which will generate new employment opportunities in the trades.
Manchester City Council has signed an agreement with the Greater Manchester Pension Fund (GMPF) and the Homes and Communities Agency (HCA) to bring together a completely new way of funding homebuilding in the city.
The scheme is set to build more than 240 new affordable homes and create thousands of jobs in the construction industry.
Land for the development will be provided by the city council, including one site offered by the HCA, while the Greater Manchester Pension Fund will finance the building of the homes.
The partnership will choose a contractor to build the homes whilst the city council supports the buyer, by taking an equity share in the property, making the new homes more affordable and mortgage costs lower.
Cllr Jim Battle, Deputy Leader of Manchester City Council, said: “Manchester’s growing population and forecasted economic growth will mean we will continue to need more homes in the near future.
“The economic climate has severely slowed home building in recent years and levels of development are not keeping up with the city’s demand.
“This new innovative model tackles these issues, pushing forward development opportunities while ensuring a supply of new attractive homes are available to residents at affordable prices.”
Deborah McLaughlin, North West Executive Director at the HCA, said: “At the HCA our focus is to employ new and innovative ways of working to use public land assets to more quickly deliver homes and economic growth. This new concept marks a major milestone for house building in Manchester and has the potential to attract major investment to the city.”
Plans to regenerate a former factory site into the building of affordable housing and a social care home have been submitted to Leeds City Council.
The site sits on a former tannery and soft drinks factory which hasn’t been used for a number of years and is now run down and overgrown. The building work will be carried out by Mansell and LNT Construction.
The £10 million regeneration scheme has been partially funded by the Homes and Communities Agency. It is expected to create hundreds of jobs in the building sector and boost the trades.
Home Group’s head of development, Teresa Snaith, said: “The current site is overgrown and hasn’t been used for a number of years. At a consultation event we held with local residents they have said that they are keen to see the area regenerated and put to good use.
“We hope to build 51 homes which will be available for affordable rent and our partners Ideal Care Homes will also build a 64-bed care home specialising in residential and dementia care if the planning is approved.”
Craig Houston, Regional Director for Mansell’s Yorkshire Business Unit commented “We are excited to be involved with this major regeneration scheme, hopefully one of the first of many site-led opportunities to come to fruition in the coming months.”