Construction News
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Birmingham Council cuts KPIs to simplify £2.7bn highways deal
The tender process for a new contractor for the revamped 12-year deal will start in February. Birmingham originally signed a 25-year, £2.7bn highways management and maintenance contract back in 2010 with Amey. But the contractor became embroiled in a lengthy performance dispute with the council which ended in March 2020 with Amey paying £215m to...[READ MORE]
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Midas wins new £23m warehouse for power tool giant STIHL
Work will see the creation of a new 11,285m2 purpose-designed facility off the A331 in Camberley, Surrey. Construction information specialist Barbour ABI has the project valued at £23m. The deal will allow STIHL and its local workforce of 95 employees to move...[READ MORE]
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Greystar JV targets London for £1.8bn build to rent homes push
Property investor Greystar Real Estate has teamed up with a subsidiary of the Abu Dhabi Investment Authority to develop build to rent housing in London and its commuter towns. The JV plans to spend £1.8bn on a pipeline of new-build projects, starting with a project in London’s Battersea district where it hopes to build 14,000 sq m of residential and...[READ MORE]
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Renaker submits plan for Manchester tower quartet
Manchester developer and builder Renaker has submitted plans for its next major high-rise scheme in the city estimated to have a £750m development value. The Trinity Islands scheme consists of four towers from 39 to 60 storeys, as well as bringing significant public realm improvements. The Deansgate scheme designed by...[READ MORE]
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Bedfordshire: Council uses new technology to repair roads
A council is trying a new technique to delay the deterioration of roads and footpaths. [READ MORE]
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Analysts Say McDonald's, Beyond Meat Plan Big U.S. 2022 McPlant Expansion
NEW YORK (Reuters) - McDonald's Corp is planning a major expansion of its plant-based burger with Beyond Meat Inc in the United States in 2022, according to two Wall Street analysts. The companies began testing the "McPlant" patty in eight McDonald's U.S. locations in November. Those...[READ MORE]
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From New Rail Lines to Gauge Conversions, over 400 Indian Railways projects coming up soon
As of 01.04.2021, as many as 484 projects of the Indian Railways network, of 51,165 kilometres length, costing an estimated amount of Rs 7.53 lakh crore are in various stages of planning, sanction, execution. Over 400 Indian Railways projects coming soon!...[READ MORE]
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BAM to start £300m Gateshead arena
Developer Ask:PATRIZIA has instructed BAM Construction to work on the initial preparation works for the Gateshead arena project. BAM replaces Sir Robert McAlpine, which was previously lined up to deliver the scheme. NewcastleGateshead Quays will feature a world class arena, purpose-built conference and exhibition centre, restaurants,...[READ MORE]
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Construction site labour rates hit all time high in London
Site labour rates have hit an all-time high in London as pay across the country continues to rocket. Analysis by construction payroll specialist Hudson Contract showed average weekly earnings increased by 1.8% to £944 in November – the highest pay levels on record. [READ MORE]
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Labour shortages blamed for 1.8% construction output drop
Construction output fell 1.8% in October representing the largest monthly decline since the pandemic sent construction off a cliff edge in April 2020. New work fell 2.8% from September to October while repair and maintenance remained unchanged. At the...[READ MORE]
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