Downing submits 430-bed London student schemeHybrid developer and contractor Downing has submitted plans for a 430-bed student accommodation and commercial scheme in South London.
The Liverpool-based firm plans to transform a brownfield site at 2 Armoury Way in Wandsworth with two 10-storey towers.
The location is part of the “Gasholder Site, Armoury Way” area, a key component of…
Mace construction head steps downMace CEO for Construction Andrew Jackson has left the company for personal reasons.
His shock departure comes just three months after he was promoted to head the construction division replacing Mace veteran Gareth Lewis.
Before becoming construction CEO in July, Jackson was chief operating officer having joined Mace in 2015 after 26 years with Laing…
Multiplex in talks for ISG’s £70m London offices to labs jobMultiplex is understood to be holding talks to replace ISG on a major scheme to redevelop London’s Regent Quarter near King’s Cross into a life sciences-led campus.
Before its collapse, ISG was working on the first phase of the refurbishment and redevelopment plans, estimated to be worth around £70m.
Now work has halted on this…
Transport minister signals HS2 will run to EustonThe Government has dropped its biggest hint yet that it will fund the HS2 line to Euston as originally planned.
Transport secretary Louise Haigh signalled she was minded to drop the previous Government’s money-saving plan that will see the line stop at Old Oak Common in North London pending a privately funded solution being found for the fina…
M&E firm goes under after more than 70 years in businessHBS Group Southern has gone into administration after more than 70 years in business.
The Hampshire based M&E specialist has been trading since 1950 but is now in the hands of administrators.
Latest accounts for the year to March 31 2023 show a turnover of £15.5m generating a pre-tax loss of £1.1m with the company employing 75 staff.
In…
£9bn Lower Thames Crossing decision delayed 7 monthsThe Government has once again delayed its decision on whether to award development consent for the £9bn Lower Thames Crossing project.
Transport secretary Louise Haigh was due to make a decision on planning by 4 October, after former transport secretary Mark Harper delayed the decision set for June.
Haigh said the delay was “to allow mor…
Trio of big names win £600m biscuit factory revampDeveloper Greystar has appointed McLaren, McAleer & Rushe and Sisk to deliver four key buildings as part of the £600m Bermondsey Project to transform a former biscuit factory site into 1,624 new homes for rent in South London.
The breakdown for the contract awards is:
McAleer & Rushe will handle the construction of both Buildings 1-5, whic…
Vistry issues profit warning over build out costs at southern divisionVistry has issued a profit warning after discovering that build costs on nine schemes at its southern division have been under-estimated by around 10%
This morning in a trading statement the firm said the impact was limited to nine schemes, including some large developments, out of 46 schemes being built by the southern…
ISG administrator tells subbies no funds to pay debtsAdministrators handling collapsed contractor ISG are warning subcontractors and suppliers there will be insufficient funds left to pay any of the cash owed to them.
In letters to trade creditors, administrator EY confirmed that no further work would be carried out during the administration on existing contracts, including projects for…
Giga factory powers McAlpine to top of contracts leagueSir Robert McAlpine powered its way to the top of September’s contracts league with a £500m deal to build a massive battery cell manufacturing facility in Somerset for Agratas.
This project is set to be one of the biggest of its kind and by the early 2030s will contribute almost half of the projected battery manufacturing capacity required…