Developer Urban Vision has submitted a planning application for a landmark build-to-rent development in Birmingham. The plans for 100 Broad Street will deliver 294 new homes across a 33-storey building in the heart of the city. The scheme designed by architect Glen Howells is nearly half the height of an approved but never-realised 61-storey scheme
A joint venture between Bowmer & Kirkland’s property arm Peveril and retail developer Sovereign Centros has secured planning for a £500m town centre retail and leisure scheme in Hertfordshire. Together the Brookfield Riverside and wider Garden Village development in Cheshunt will create a new town centre for Broxbourne Borough, which is promoting the development with
HM Revenue & Customs is turning the spotlight on claims for rising materials costs under the industry’s CIS tax scheme. Experts are warning that contractors who engage scaffolders are a particular target for attention from the tax authorities. Joanna Gander, a senior tax advisory manager at accountancy firm Azets said: “There is a strong suspicion
The City of London Corporation has approved plans to close the 1970’s gyratory road around St Paul’s to create the Square Mile’s largest piazza. The £14m-plus project will close the south section of King Edward Street to create a large, new public space which, at just over 3000 sq m, would be larger than Aldgate
The two-year programme delay imposed on key sections of HS2 phase 1 will inflate the overall project cost by at least £360m. The first stab at what the true cost of delaying works to control day-to-day project costs has emerged in leaked internal Government documents. The briefing also warns the two-year pause to construction work
Five suppliers have been awarded a framework contract for the Magnox decommissioning programme worth £485m. Work on 10 reactor sites, two research sites and one hydro-electric plant across the UK operated by Magnox will involve complex nuclear infrastructure decommissioning and asbestos removal services. The winning firms are: Costain Keltbray The Celadon Alliance of Altrad Support
Developer Landsec has revised plans worth £400m to build two landmark office buildings in Manchester city centre. The office buildings making up the first phase of the city centre £1.5bn Mayfield regeneration scheme will become net zero exemplars under the revised plans. New plans for the Mayfield neighbourhood highlight the shift towards premium, sustainable office
Lendlease has broken ground at its £3.5bn Silvertown scheme to regenerate a swathe of land at London’s Royal Docks that has remained derelict for over 40 years. Plans to transform the historic 60-acre Dockland site near the Thames Barrier will include the restoration of the iconic Millennium Mills, and see the construction of 6,500 homes,
The cost of complying with the Building Safety Act has blown a hole in the latest accounts from Willmott Dixon. And the contractor vowed to go after “designers, fire engineers, supply chain and insurers” to reclaim a “substantial portion” of the £62m it has set aside for building safety and cladding retrofits. Accounts for the
Multiplex has bagged the job to start the £500m second phase of the redevelopment of the former BBC Television Centre in London’s White City. Development managers Mitsui Fudosan and Stanhope picked Multiplex to start the next phase after its rival Mace completed the first phase of the vast scheme. Multiplex will act as construction manager
