Buildings
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Heathrow’s expansion planning costs are heading towards another major threshold. The third runway planning application could cost up to £800m before submission, underlining the growing front-end burden attached to nationally significant infrastructure.
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Barbican renewal packages are moving towards a major procurement phase. More than £357m of work is being prepared across MEP systems, core infrastructure, the Conservatory, foyers, performance spaces, staff areas, and public realm.
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Minerva House shows how refurbishments can expose hidden delivery risk. GPE has linked a £14 million cost increase to site complexity and supply chain failures.
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Rydon’s remediation bill continues to shape its financial performance today. The group reported a £4.9 million pre-tax loss as building safety liabilities weighed on the business.
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Keon has started a new Wolverhampton affordable housing project onsite. The £28 million Heath Town scheme will deliver 32 council apartments on a former pub site.
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Broad Marsh is moving back towards delivery after years stalled. Homes England is seeking a development partner for the Nottingham regeneration site.
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Morgan Sindall is set for Andover’s £25m theatre construction contract. The town centre project will replace the former Poundstretcher unit with a 400-seat auditorium, performance space, dance studios, meeting rooms, and café/bar areas.
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Clarion has secured approval for 228 new social rent homes. The Penge scheme has shifted from 35% affordable housing to 100% social rent, increasing the affordable contribution on a key Bromley town centre site.
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Caddick has secured £16m for Leeds South Village infrastructure works. The Homes England-backed funding will support roads, utilities, footpaths, cycleways, green space, and enabling works for a brownfield regeneration scheme planned for 1,925 homes.
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Capital&Centric will lead Plymouth’s £50m Civic Centre revival and retrofit. The Grade II-listed tower will be converted into 144 build-to-rent homes, with extensive remediation, façade, fire protection, structural repair, and fit-out works required.