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Author Archives: Tim Clark

North West council seeks £550m development partner

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Oldham Council has kicked off the search for a development partner for a £550m plan to redevelop its town centre. A contract notice for a master development private-sector partner has been published for the mammoth scheme, which would begin next year and last until 2048. The council is looking to…

McAleer & Rushe scoops job on £140m Westminster scheme

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Northern Ireland contractor McAleer & Rushe has won a £50m contract on a £140m co-living and hotel scheme being built next to the Grand Union Canal in Westminster. The scheme, which is being developed by Cheyne Capital, will see 332 co-living rooms built on the site of the former London…

Cost pressures heap pain on Ireland’s construction sector

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Severe price pressures have pushed Ireland’s construction sector into contraction for the first time since the start of the COVID-19 pandemic, a new survey has found. BNP Paribas Real Estate Ireland’s latest construction activity index found projects were starting to be paused, new orders had slowed and enquiries were down…

National Highways warns tier ones over contract fraud

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National Highways has demanded that its tier one contractors submit details of their anti-fraud policies as part of a crackdown on suspected malpractice on its contracts.  Malcolm Dare, executive director for commercial and procurement at National Highways, has given contractors two weeks to submit evidence of their own internal safeguards…

Development arm of Liverpool-based contractor enters liquidation

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The development division of a Liverpool-based construction group has collapsed, owing creditors more than £3.5m – just weeks after its sister company fell into administration. Jason Greenhalgh and Paul Stanley Begbies Traynor have been appointed as joint liquidators of Crossfield Living Limited, which has entered into voluntary liquidation and is…

British Land gets go-ahead for £3.5bn Printworks scheme

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Developer British Land has been given the green light for its £3.5bn Printworks scheme at Canada Water. Southwark Council has voted unanimously to approve the scheme which is a joint venture between the council and the developer. It will see the construction of over 3,000 new net-zero homes and up…

Troubled contractor Brymor appointed administrators prior to sale

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Troubled Portsmouth-based contractor Brymor appointed administrators to help secure the sale of the business and save up to 100 jobs. Michael Magnay and Mark Firmin from Alvarez & Marsal were appointed as administrators for Brymor Group Limited (BGL) and Brymor Construction Limited (BCL) on 8 July, prior to the firms…

BEIS seeks views on green homes finance initiative

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The government has stepped up its plans to help homeowners improve the energy efficiency of their homes with a pilot project which aims to attract private investment to decarbonising homes. The Department for Business, Energy and Industrial Strategy (BEIS), the Carbon Trust and PwC are hosting a market engagement event…

Leeds to be hit hardest by construction cost inflation

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Leeds is set to be the UK city hit hardest by construction cost inflation, a report by Turner & Townsend (T&T) has warned. The annual international construction market survey from the consultant found London was the 10th most expensive city to build in over the past year, with an average…

Dominvs gets green light for Nine Elms twin-hotel project

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Dominvs Group has received the go-ahead to develop two hotels in Nine Elms on the site of a former Victorian pleasure ground. The developer was granted planning consent by Wandsworth Council for the two hotels, with a total of 837 rooms, which have been designed by architects Squire & Partners.…