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26/07/2016

News in brief: £6.2bn worth of construction contracts awarded in June; Developer appointed to transform Croydon council building

Words: Laura Edgar
Construction / iStock_000010378707

A round-up of planning news: Tuesday 26 July, 2016

£6.2bn worth of construction contracts awarded in June

Despite the vote to leave the European Union, the construction sector held strong in June, with new orders reaching £6.2 billion, according to the latest figures from Barbour ABI.

This, says the industry analyst, is the highest figure of any month so far in 2016.

The June edition of the Economic And Construction Market Review suggests that residential and infrastructure both had year-on-year rises in June.

Residential contract values increased by 26 per cent and infrastructure increased by 14 per cent.

Michael Dall, lead economist at Barbour ABI, said: “With the majority of the sector under the assumption that the UK would not vote to leave the European Union the result left many surprised, and our June figures are under the assumption that it would be ‘business as usual’.

“We have seen house builder stocks fall in the wake of the vote and anecdotal evidence that projects are being cancelled. However, that is not evident in the data as of yet, and it is a case of ‘wait and see’ in terms of the impact Brexit may have.”

The Economic And Construction Market Review can be found here (pdf). 

 

Developer appointed to transform Croydon council building

The London Borough of Croydon has appointed mid-market homes developer HUB to deliver its Taberner House site.

Plans for the former council headquarters will see it transformed into 500 new homes for sale and rent, aimed at middle-income workers.

HUB and its funding partner Bridges Ventures, a social impact adviser, will also deliver a revamp of The Queen’s Gardens.

The development is expected to include a “significant amount” of affordable housing as well as commercial and employment space.

 

Application submitted for 385 homes in Coleraine

An application to build 385 homes in County Londonderry has been submitted.

The homes would be a mixture of three and four-bedroom units alongside some apartments. A Mr and Mrs McGrath submitted the application, in tandem with Coleraine architect GM Design Associates.

According to the Belfast Telegraph, it is understood the couple own the land. 

The application also includes access roads, footpaths, landscaping and a large public open space.

 

Student accommodation plans in Bangor refused

Gwynedd Council’s planning committee has refused proposals to turn a former grade II listed post office into student accommodation in Bangor.

The council’s planning officers had recommended it for approval, but the planning committee said it would be detrimental to the local conservation area.

The plans would have seen 29 student flats in the building, while a further 29 self-contained units would have been built behind the old post office in a five-storey building.

 

Consultation for Aberdeen football stadium starts

A series of public consultations on Aberdeen Football Club’s proposals for a new stadium have begun.

The stadium and training facilities would be built at Kingsford.

The Yes to Kingsford Stadium group says approving the plans would be a vital step forward for the club, while the Say No to Kingsford Stadium group says the site is green belt land and the plan would have a negative local impact.

Image credit | iStock

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