June 29, 2022

CITRUS SECURES £75M FUNDING FOR INTEGRA 61 DURHAM

Work Starts On Speculative Development Of Circa 650,000 Sq Ft in Five New Industrial Units Citrus Durham (“Citrus”) has secured £75M funding to enable the speculative development of circa 650,000 sq ft of new industrial space, to be known as Connect, at the Integra 61 mixed-use project at J61 of

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TOPPING OUT FOR KANGAROO WORKS IN SHEFFIELD CITY CENTRE

Construction on Kangaroo Works, Sheffield City Centre’s new 14-storey residential development, reached an important milestone this week with Henry Boot Construction completing the highest point of the structure. The Kangaroo Works development on Trafalgar Street, which forms part of Sheffield City Council’s Heart of the City programme, has been gathering

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LOCAL CONTRACTORS SECURE PLACE ON £750MILLION CONSTRUCTION FRAMEWORK

Framework to deliver up to £750million of new investment in construction projects across Midlands and East of England. Eight contractors appointed to deliver community-focused public sector projects with value of up to £7.5million. Next generation framework promises to support public sector’s net zero ambitions with innovative ‘net zero ready’ feature.

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Downsizing into a smaller home: A Guide

There was a point in your life when a larger home was absolutely essential. Whether it was to raise a family or accommodate regular guests, there are years when a big house is full of noise and life, and even the largest of spaces still has a cozy family feel.

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Latest Issue
Issue 324 : Jan 2025

June 29, 2022

CITRUS SECURES £75M FUNDING FOR INTEGRA 61 DURHAM

Work Starts On Speculative Development Of Circa 650,000 Sq Ft in Five New Industrial Units Citrus Durham (“Citrus”) has secured £75M funding to enable the speculative development of circa 650,000 sq ft of new industrial space, to be known as Connect, at the Integra 61 mixed-use project at J61 of the A1(M), Durham.  Avison Young and Colliers acted for Citrus Durham on the funding. Connect will comprise a 342,000 sq ft industrial/logistics development of four high quality units ranging from 43,000 to 152,000 sq ft. In addition, a 298,000 sq ft stand-alone, 15 metre high bay industrial/warehouse unit will be delivered on an adjacent plot. Connect 298 will be the largest speculatively developed industrial/warehouse unit in the North East for over a decade and will fill a crucial void in the regional supply pipeline. Avison Young and CBRE will be marketing the new units to potential occupiers, helping to meet the demand for high quality new build industrial/warehouse accommodation in the region. GMI Construction has been appointed as contractor for the build and work has started on site with the Connect units ready for occupation in summer next year. The acute shortages of high-quality modern logistics/industrial supply in the North East have been analysed by the Citrus team and the units have been sized to satisfy the growing regional demand for units in this range. Integra 61 is one of the North East’s most significant regeneration projects with outline consent in place for over 3 million sq ft of employment space with the potential to create some 4,000 jobs.  Already home to Amazon’s 2m sq ft Fulfilment Centre, occupiers can choose design and build packages for units to meet their specific requirements, and this speculative phase of development will satisfy those companies looking for space that is already under construction. David Cullingford, Project Lead for Integra 61 and Citrus, said; “The funding will accelerate delivery of the next phase of development at Integra 61. 2022 is proving to be an exciting year with lots of activity on-site and we are looking forward to delivering these new speculative units as quickly as possible. We have a real opportunity here to make a significant contribution to the regional pipeline for industrial/logistics accommodation and to ease the well-documented shortages in the North East. This is a thriving region with a superb workforce and businesses and we hope to bring more jobs and opportunities with this next multi-million pound investment at Integra 61.” Located at J61 of the A1(M), Integra 61 is just 4 miles away from the City of Durham and will also include circa 270 new homes, 70-bed hotel, family pub/restaurant, nursery, drive-thrus and a number of trade counter/roadside units all adding to the diverse offering.

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Caddick Construction completes 180,000 sq ft. regional commercial hub at Mirfield

Caddick Construction, on behalf of Caddick Group and AAA Property Group, has completed 180,000 sq ft of commercial space at Moor Park 25, Mirfield, West Yorkshire. The second phase of this industrial and logistics development includes five new buildings ranging from 19,000-59,000 sq ft. The development at Moor Park 25, located in close proximity to Junction 25 of the M62, started in 2019. Phase 1 completed in 2020 and was immediately let to Incora, the aeronautics supply chain specialist. Caddick Developments subsequently ‘forward sold’ this next phase of five units to AAA Property Group, which also purchased the Phase 1 building as part of its expansion into the industrial and logistics sector. Identified as one of 10 Enterprise Zones across Leeds City Region, it is set to inject a cash boost of up to £12.5million to the local economy. All five new units are in advanced negotiations. Caddick Construction, with support from KPP Architects, was retained for both phases and worked alongside structural and engineering consultancy Dudleys, engaged specifically to support Phase 2. Chris Wilson, Commercial Development Director, of Caddick Construction said: “It’s great to see such demand for the units resulting in the scheme being fully let well before completion. The quality of the build, its facilities and prime connectivity to the M62 corridor are all particularly sought after in the north, in a very competitive market.” Myles Hartley, managing director of Caddick Development said:“With demand for light industrial and logistics floorspace continuing to grow a-pace, we’re delighted to be delivering what growing local and regional businesses want. It’s great seeing the project come to completion, and we look forward to the benefits it will bring to the region’s economy and growth.” Anil Chima, director of AAA Property Group added:“We are delighted to have been able to work with fellow Yorkshire-based Caddick, and be able to bring forward a scheme that will contribute so positively to the local areas – particularly in light of the need for Covid-19 economic recovery. The investment into the project will provide many jobs as well as provide much-needed industrial space in the region.” The project has involved working closely with both Kirklees Council, and the Leeds City Region (LEP) in their role overseeing key strategic enterprise zones. Joint agents on the project are Avison Young and Dove Haigh Philips.

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TOPPING OUT FOR KANGAROO WORKS IN SHEFFIELD CITY CENTRE

Construction on Kangaroo Works, Sheffield City Centre’s new 14-storey residential development, reached an important milestone this week with Henry Boot Construction completing the highest point of the structure. The Kangaroo Works development on Trafalgar Street, which forms part of Sheffield City Council’s Heart of the City programme, has been gathering momentum in recent months and now the building’s concrete frame has reached its highest point – 46 metres from the ground. A joint venture from US investor Angelo Gordon and real estate experts Ridgeback Group, Kangaroo Works will see an injection of 365 high-quality homes into the city centre. A mix of one, two and three-bedroom apartments, with five commercial units included on the ground floor, the block’s design features a distinctive brick façade that nods to the site’s former industrial heritage. The stylish urban development is complemented by a landscaped central courtyard and rain garden. To celebrate the scheme’s latest milestone, the project’s Sheffield-based contractor, Henry Boot Construction, welcomed key representatives from Sheffield City Council, Ridgeback Group, David Ashley Construction, Whittam Cox Architects and Sweco on 28 June for a tour of the site and an official topping-out ceremony.  Tony Shaw, Managing Director for Henry Boot Construction, commented:  “This has been a challenging city centre site so we’re absolutely delighted to reach the highest point of the build on track. It’s been a great achievement by the team and today was a nice opportunity to showcase the progress we’ve made to date. Kangaroo Works is one of the largest residential schemes in South Yorkshire and, as a local business, we’re proud to be involved.” Christopher Allen, Senior Development Manager for Ridgeback Group, added: “This part of Sheffield of undergoing rapid change and it is exciting to be involved in the delivery of one of the key sites within Heart of the City. Topping out is always a significant milestone and we hope that most of the site complexities are now behind us. We are looking forward to launching 365 rental apartments later this year and welcoming new residents in 2023.” Kangaroo Works is due to be completed in the first half of 2023. The development sits alongside other key Henry Boot Construction projects within Heart of the City, including Pound’s Park, Elshaw House and Cambridge Street Collective.

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LOCAL CONTRACTORS SECURE PLACE ON £750MILLION CONSTRUCTION FRAMEWORK

Framework to deliver up to £750million of new investment in construction projects across Midlands and East of England. Eight contractors appointed to deliver community-focused public sector projects with value of up to £7.5million. Next generation framework promises to support public sector’s net zero ambitions with innovative ‘net zero ready’ feature. SCAPE, one of the UK’s leading public sector procurement authorities, has announced the eight contractors that will deliver up to £750million of new investment in the public sector across the Midlands and East of England via its Regional Construction framework. Jeakins Weir, Stepnell, GF Tomlinson, Lindum Group, Ashe Construction, Conamar, Clegg Construction and R G Carter have been appointed to help local authorities and public sector organisations deliver ambitious, community-focused construction projects up to a value of £7.5million from 26 August 2022. Public sector organisations using the direct award framework will gain instant access to high quality construction contractors and an extensive local supply chain, supporting the delivery of projects that will generate social value, training, apprenticeships and leave a positive legacy for local communities whilst helping them to achieve their net zero ambitions. The new four-year framework will build on the positive impact of SCAPE’s existing Regional Construction framework which has successfully delivered 400 projects over the past four years. During this period, local spend and labour within 20 miles of each project accounted for 62% and 60% respectively of the framework’s output, with waste reduction from landfill achieving more than 96%. With an increased value banding of up to £7.5million, the next generation framework will operate under a parallel lotting structure to provide public sector clients with a greater contractor choice before commissioning a project.  This is alongside a new ‘net zero-ready’ lifecycle agreement feature, which will support the public sector’s ambitious sustainability goals and provide an effective response to the climate emergency. The results of the procurement are as follows:   The new £750million framework will be structured into four regions: John Simons, group procurement director at SCAPE, said: “The next four years represent a pivotal time for public sector construction across the Midlands and East of England to deliver infrastructure that empowers local communities and generates regional economic growth. “After receiving positive feedback from clients, we’ve enhanced the framework to provide our public sector colleagues with the tools to not only deliver value-driven infrastructure in their areas but support their journey toward a net zero built environment. “Aligned with SCAPE’s 15-year heritage of empowering local authorities to achieve their infrastructure objectives, the direct award framework is designed to achieve value for money, drive sustainability and deliver a local economic impact on every project.” Mark Robinson, group chief executive at SCAPE, said: “As we continue to play our part in delivering infrastructure projects across the region that are more sustainable and strengthen local communities, our new framework will help our clients meet their goals and allow local contractors to build long-term relationships to grow their business. “The addition of a new lifecycle contract form as part of the framework’s ‘net zero ready’ offering is testament to SCAPE’s commitment to supporting clients with energy conservation and the operational efficiency and performance of their assets. “The new framework will act as a vehicle for contractors to champion greener infrastructure and upskill their teams to be able to deliver on the sustainability ambitions across the Midlands and East of England.” For full details on SCAPE’s Regional Construction framework, please visit www.scape.co.uk.

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Downsizing into a smaller home: A Guide

There was a point in your life when a larger home was absolutely essential. Whether it was to raise a family or accommodate regular guests, there are years when a big house is full of noise and life, and even the largest of spaces still has a cozy family feel. But what happens when you’ve served your parental duties and waved off your children as they set off to start families of their own? Does all of that space still seem important to you, or are you suddenly finding yourself in a large but extremely empty space? Whatever your reasons for wanting a change in scenery, many people are downsizing into smaller, more stylish homes after they’ve made use of the larger places. If you’re considering moving into a smaller space that’s perfect for the next stage of your life, take a visit to websites like Compass.com and see the wide range of options available to you. In the meantime, keep these things in mind as you look to downsize in a new home to make your next move go as smoothly as possible. Reasons to downsize your home While no two reasons to downsize a home will ever be exactly the same, they tend to fall under some of the same broad categories. Perhaps you simply feel that the house has far too much space now the kids have moved out, and you see no point in staying there. This is a perfectly valid reason. After all, who wants to pay large energy bills and have to clean a huge house that’s totally empty? Or maybe you want to downsize to help get some money together for your retirement? Many people choose to sell up and scale down so that they can make the most of their new start in life. It could just be that you’ve never had kids but you want to experience a brand new area, perhaps away from the hustle and bustle of the big city. Either way, downsizing in style is an increasingly popular venture. What will you want in the future? Downsizing your home shouldn’t feel like the end of an era. Instead, it should feel like the beginning of a new adventure. Chances are that you’ve spent the last few decades either raising a family or working extremely hard to succeed in your career (possibly even both!). Think of this as the chance to find your dream home and not a place that’s designed to please others for a change. This should be a space where you can dream big and live with an understated sense of inner happiness. Declutter to reduce moving day stresses Moving from a larger home into a smaller space requires some strict rules about what you’ll take with you and what’s going to be sold at the next yard sale. This is an opportunity to let go of some unnecessary items and random pieces of furniture in favor of taking only the essentials. You don’t want to take it all with you and make moving day an even bigger struggle. Stay realistic about what’s no longer needed in your new place, and look forward to making this smaller space your very own.

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