Commercial : Retail News

DEVELOPERS ACQUIRE KEY NOTTINGHAM CITY CENTRE SITES

DEVELOPERS Peveril Securities and Sladen Estates, the team behind the landmark Unity Square scheme in Nottingham, have acquired a number of key buildings in the heart of the city’s Southside area. The sites, which include Albion House in Greyfriar Gate, and Hanson House and Midland Scooter Centre in Collin Street, are

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Holiday Park Development Sold

A 40-acre development site in North Wales, which has planning permission for holiday lodges of which more than ten have been constructed, has been sold to Darwin Leisure Development Fund. Plas Isaf Lodge Park, which is located in a woodland setting to the south of the Flintshire town of Caerwys,

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How A Big Company Like Nike Is Integrating Blockchain Technology?

It is not some hidden fact but it is an open truth that blockchain technology has brought technological innovation in the industries. Several industries got disrupted due to blockchain technology interventions. There are several companies that have modulated plans to adapt themselves for the blockchain technology. One of the leading

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Sunderland Hotel Plans Going Forward

Proposals for a new hotel, which overlooks Keel Square in Sunderland city centre have moved forward with a deal agreed for the sale of the land for the development. The council has agreed the sale of the land to developer Cairn Group. Plans for the 120-bed Holiday Inn Hotel were

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CADDICK STEPS UP A GEAR TO SECURE NEW PORSCHE CENTRE CONTRACT

Caddick Construction has been appointed to design and construct a new £5m Porsche centre, complete with workshops, MOT testing facility and offices to serve Cumbria and North Lancashire. Appointed by Porsche franchise holders Parker & Parker Limited, work has just begun on the new Porsche Centre South Lakes site, north

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CASTLEHOUSE HANDS OVER NEW BUILD LIDL IN YORK

20,000 Sq Ft Supermarket Constructed On Behalf Of S Harrison Developments Leeds-based Castlehouse Construction has handed over a new build Lidl on James Street in York.  The supermarket has been built on behalf of Yorkshire property and development company, S Harrison Developments, which has transformed the 2.36 acre disused site

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New D&D London Venue In Stratford

New D&D London Venue In Stratford

International Quarter London’s (IQL) landmark building, the Pavilion has agreed a deal for to bring a new world-renowned restaurant to the area. Global restaurant and bar group, D&D London has signed an agreement which will see it launch its latest dining concept within the Pavilion. The Pavilion is currently under

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Latest Issue
Issue 322 : Nov 2024

Commercial : Retail News

DEVELOPERS ACQUIRE KEY NOTTINGHAM CITY CENTRE SITES

DEVELOPERS Peveril Securities and Sladen Estates, the team behind the landmark Unity Square scheme in Nottingham, have acquired a number of key buildings in the heart of the city’s Southside area. The sites, which include Albion House in Greyfriar Gate, and Hanson House and Midland Scooter Centre in Collin Street, are set to play an important role in the ongoing redevelopment of this area. Once developed, the sites could accommodate some 300,000 sq ft of prime office space with an end value of £150m, bringing much-needed employment space into this part of the city centre. Managing director of Peveril Securities, Ralph Jones said: “We are delighted to complete this strategic purchase of these sites with Sladen Estates which, combined with our control of Ocean Nightclub, will allow us to play a major part in the redevelopment of this area, building upon our recent successes in Nottingham city centre with our 275,000 sq ft pre let at Unity Square to HMRC. “The sites are suitable for a range of uses and could include a mix of office and residential space that will be complementary to the neighbouring uses currently under development.  Despite the current challenges facing the country, we have been encouraged by Nottingham’s resilience and believe the site is ideally placed to continue the growth the city had been experiencing prior to COVID-19.” Discussions are already underway with Nottingham City Council to determine a suitable use for the site, with consideration also given to any future plans for the redevelopment of intu Broadmarsh following its transfer to council control in recent weeks. Chief executive of Sladen Estates, Nick Sladen added: “Sladen and Peveril have an intimate knowledge of the local market and national development and contracting expertise so we jointly have the scale, expertise and resources to make the most of the opportunity that our latest purchase presents.” The announcement comes immediately after the partnership announced the acquisition of 34 acres of development land in Bicester, Oxfordshire to develop a £350m office park. For more information, please visit: www.sladenestates.co.uk  

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Holiday Park Development Sold

A 40-acre development site in North Wales, which has planning permission for holiday lodges of which more than ten have been constructed, has been sold to Darwin Leisure Development Fund. Plas Isaf Lodge Park, which is located in a woodland setting to the south of the Flintshire town of Caerwys, has permission for 57 holiday lodges of which 12 have already been constructed. It was sold for an undisclosed price, which was agreed prior to lockdown and will join the ‘Darwin Escapes’ portfolio of 22 lodge resorts and holiday parks around the UK. “The completion of the sale of Plas Isaf, at a price agreed pre-lockdown without any adjustment, confirms confidence in the UK holiday parks market as an alternative asset class. This is a sector that was already showing impressive growth prior to the outbreak of Covid-19, and it now looks set to bounce back strongly following the disruption caused by lockdown,” said Ben Jones, director in the parks and leisure team at real estate firm Colliers International, which acted on behalf of the private vendor. “Holiday parks are ideally suited for maintaining social distancing measures, as they provide self-contained accommodation that is subject to minimum spacing requirements, and are surrounded by plenty of fresh air and recreation space.” Darwin Leisure Development Fund is a specialist fund that focuses on investing in holiday parks. Investors include a number of UK local authority pension funds. “Plas Isaf is a beautiful lodge resort in an idyllic setting and we are delighted that it will join the four other Darwin Escapes locations in North Wales. “Whilst the past few months have been challenging for all operators, demand for UK staycations has surged and confidence in the market is strong. “We intend to invest in the Plas Isaf site to maximise the planning permission that is already in place and ensure that Plas Isaf becomes one of North Wales’s leading luxury lodge resorts.”

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NORTH EAST SPECIALISTS WIN ‘LEGO’ INSPIRED CIVIL AND STRUCTURAL ENGINEERING WORK

North East engineers RWO Associates is delivering an undisclosed contract to support the construction of the next phase of a multi-million pound digital and creative hub in Middlesbrough, which has been inspired by a popular children’s toy. The Newcastle firm is providing structural and civil engineering services for Boho 8, a £2.5m development of modular stack units based on Lego’s eight piece building block system, which will provide 10,000 sq. ft. of flexible work space to meet the needs of the North East’s expanding digital and creative services sector. The office complex, which sees onsite construction start in July, is expected to open in late 2020 and comes ahead of Boho 10, a development of three skyscrapers. This forms part of an overall £250m investment project by Middlesbrough Borough Council in a high-profile scheme that is expected to create more than 2,000 jobs and strengthen the region’s position as a commercial centre of excellence. RWO Associates is providing a package of civil and structural engineering design services as part of a tender awarded by the council. This includes completing site investigation work alongside the engineering design of structural foundation and drainage works to support a complex stacking design and build concept. The firm is also being retained by the council in a move that will see it provide on-going reviews of plans and advice around the final design and build works as the project unfolds over the summer. Currently employing 19 people, this is the latest success for RWO, which has exceeded its £1.5m turnover target in 2020 as it continues to invest in resources to support a strong order book. RWO’s managing director Ross Oakley, said: “This is another prestigious project for north east engineering capability, reflecting the skills and expertise available in the region to support innovative commercial design and build projects. “It will see us continuing to develop our commercial offering and comes at a time when we are tendering for significant civil and structural work for a number of large residential and commercial contracts across the UK.” RWO Associates is working with architects Seymour Architecture, who have offices in Morpeth and Middlesbrough, and who have designed Boho 8. Director Andrew Bowkett said: “We are developing a site that considers the external public realm as much the building itself. That’s why we are working with RWO to meet current needs and deliver our innovative approach. They have the engineering skills, and experience to deliver the highest standards of service and quality.” Photocaption: RWO Associates is providing engineering expertise for Middlesbrough’s Boho 8. Also pictured is Ross Oakley.

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How A Big Company Like Nike Is Integrating Blockchain Technology?

It is not some hidden fact but it is an open truth that blockchain technology has brought technological innovation in the industries. Several industries got disrupted due to blockchain technology interventions. There are several companies that have modulated plans to adapt themselves for the blockchain technology. One of the leading names among the top companies is Nike. Nike saw potential in the blockchain technology and experimented with its use to see whether this technology holds any power to solve the issues faced by Nike. And Nike was right on the mark. A report state that Nike was able to use the blockchain to solve their lingering problems and announced officially to use the blockchain technology. Where Nike is heading towards with Blockchain technology? Blockchain technology never ceases to amaze us. After the implementation of the blockchain technology in UPS tracking, it is now used by Nike. Nike just recently patents a new method called Crypto kicks. It really took the world with surprise, when Nike came up with a method to use the blockchain technology. With how the blockchain technology is being adopted by the big enterprises, it is not too far where the blockchain will be the core technology used in every industrial field. Nike wishes to implement Blockchain in supply chain management Supply chain management has always been a priority of the companies. But with the recent event, it has proven that the supply chain management needs technological innovation to completely track the goods. There have been cases where fake products are reaching to the customers. This has made the brand lose its face in front of the audiences. To fight back this crisis, brands and companies are trying to incorporate the blockchain technology in the supply chain management. Nike has confirmed that fact that there has been cases where their customer has got a fake Nike product. And this has resulted then their loyal customer. After considering all the recent events, Nike decides to use blockchain technology to track down its product. How Cryptokicks are related to the supply chain management Cryptokicks are the crypto token given by Nike to its customers. This action of Nike has made the nontangible decentralized digital currency into a tangible asset. In this case, it is Nike Shoes. How Cryptokicks actually work? Well, Nike has attached Crypto token with its products. With the hello of the crypto token, the customers can easily track down their purchase and the origin of their shoes. The customers can easily authenticate the credibility of Nike with the help of the embedded with the Cryptokicks token. In addition, there is an additional facility where the owner of Cryptokicks can be changed with the help of a crypto exchange platform like bitcoin evolution, read more here bitcoins-evolution.com/about/. Have you ever played the Cat crypto game? These Cryptokicks are just like this game and can give offsprings in the form of physical shoes as per Nike protocols. More technical detail The blockchain network used by Nike is the Ethereum Blockchain network. Nike uses NFT of the ether blockchain technology. NFT stands for the Non-Fungible Token. These tokens have an individual specification and can’t be interchangeable. There is only one way to know the password to unlock the tokens is by buying Nike shoes. There you will get a 10-digit code that will help you to unlock the tokens. The data of the buy-sell will be stored on a blockchain network with the help of the 10-digit identification. You can even consider it as one in a kind of Crypto exchange. The only difference is that, in this exchange shoes are exchange instead of crypto coins. Conclusion Nike was able to understand how important blockchain technology is and was able to predict it future possibilities. It is high time for the other companies to venture into the unknown territory of the blockchain.

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Sunderland Hotel Plans Going Forward

Proposals for a new hotel, which overlooks Keel Square in Sunderland city centre have moved forward with a deal agreed for the sale of the land for the development. The council has agreed the sale of the land to developer Cairn Group. Plans for the 120-bed Holiday Inn Hotel were approved in the latter part of 2019. Final agreements have now been signed with the council, meaning that work can now commence on the four-storey development. The hotel is set to create 130 jobs when it opens its doors next year. Cairn Group’s Richard Warren said: “We’re delighted to be able to push forward with the development of an exciting new addition to the city’s leisure and hospitality portfolio. We are thrilled to be part of regenerating Sunderland and remain committed to investing within the region.” Councillor Graeme Miller, leader of Sunderland City Council, added: “This has been a challenging time for the city, as it has for the UK at large, so it is good to be able to announce a really positive development for Sunderland, and one that demonstrates that we are ready to emerge from this crisis on the front foot and deliver the dynamic city centre our residents want and deserve.” Cairn Group’s £18m Holiday Inn development is being part-funded by Canada Life, a commitment secured by Avison Young, and will create additional accommodation to support an increase in the number of visitors to the city. Simon Beanland, principal and head of investment at Avison Young, Newcastle, said: “This funding commitment by Canada life is another tremendous vote of confidence for the City of Sunderland, following hard on the heels of substantial funding commitments by Legal & General elsewhere in the city.” Building work will get underway over the summer, and it is expected that the hotel will complete by the end of 2021. The hotel will also comprise ground-floor commercial units.

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CADDICK STEPS UP A GEAR TO SECURE NEW PORSCHE CENTRE CONTRACT

Caddick Construction has been appointed to design and construct a new £5m Porsche centre, complete with workshops, MOT testing facility and offices to serve Cumbria and North Lancashire. Appointed by Porsche franchise holders Parker & Parker Limited, work has just begun on the new Porsche Centre South Lakes site, north of Kellet Road, Carnforth, with easy access to the M6. The new centre and all external works are due to be completed in the summer of 2021. The multi-million-pound project signals the continued long-term investment and strengthening position of the German luxury sports car brand in the North West. The new showroom and facilities encompasses 1618²m in total and will have the capacity to display the full range of the luxury car brand including: the 911, 718, Taycan, Panamera, Cayenne and Macan. The state-of-the-art centre will be completed with a plush handover lounge, meeting rooms and employee facilities. Caddick Contract Project Manager Derek Billows said: “This is a very exciting project and the team are focused on delivering an exceptional showroom and other facilities that will be a fitting home for such an aspirational car brand.” Ian Parker, Director of Porsche Centre South Lakes, added: “Caddick Construction has a long track record working with Porsche franchises across the North and we believe their quality and attention to detail mirrors our own exceptionally high standards. This purpose-built Centre ensures we can offer a first-class service in first-class surroundings, something our clients have come to expect over the years from us and Porsche in this region.” Caddick Construction and Caddick Civil Engineering are the operational arms of Caddick Group Plc. Offering more than 35 years’ experience across a range of market sectors including commercial, education, industrial, leisure, refurbishment, residential, care, retail, mixed use and fit out. Architect and Principal Designer for the project is Axis 3 Design Limited with structural engineering provided by Cumbrian-based R G Parkins & Partners Limited.

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LHG (London Hotel Group) wins planning consent to expand Tooting High Street aparthotel

LHG (London Hotel Group) has won planning permission to expand its aparthotel scheme on Tooting High Street, bringing 373 high-quality guest rooms across six floors with basements to one of London’s ‘coolest neighbourhoods’, popular with both residents and tourists alike. Designed by hospitality design expert Dexter Moren Associates (DMA), the previously consented aparthotel scheme at 111-113 Tooting High Street will now include the adjacent site of the former Tooting Constitutional Club at 101A Tooting High Street. The scheme’s revision has seen the elevations redesigned to improve its relationship with the character of the immediate area, whilst the restaurant and bar section now creates an active frontage to the high street. New and improved club space will be provided, as well as access to outdoor amenities for the local community. Meher Nawab, CEO, LHG, said: “Tooting is a lively and growing area, voted into the Top 10 “coolest” neighbourhoods by Lonely Planet, and we are delighted to be playing an important role in the ongoing growth and popularity of the district. Our new aparthotel development will deliver high-quality facilities and amenity space that will benefit and support the development’s neighbours, residents and local groups, as well as meeting a currently unfulfilled need for hotel accommodation in and around the Tooting area.” DMA’s design for the scheme creates a simple, high-quality building that uses a pared-back palette of materials, including red and grey brickwork, to respond to the character of the area. Floor-to-ceiling height has been adjusted to ensure the increase in scale is kept to a minimum, whilst the height of the buildings have been carefully considered and staggered from three storeys up to six to provide a transition from neighbouring three-storey properties along Woodbury Street. Lightwells will be used to allow natural light and ventilation to ground floor and basement guestrooms, with circadian lighting to simulate the day’s natural cycle. The provision of 547sq m of new community space for D1 use across basement level will be accessible from Tooting High Street, as will 625sq m public green with outdoor seating zones, raised planting and soft landscaped areas. Herbert Lui, Partner, DMA, said: “I am pleased to have worked with Meher to help deliver LHG’s vision for an enhanced solution to this project; incorporating the adjacent site to create a unified design which improved the setting of the neighbouring listed buildings. Working to LHG’s new brief for the project has also given us the opportunity to revisit the façade design to create a design that is more complementary to the neighbourhood. The recently consented scheme has an improved public access to the outdoor amenity space to the rear and we are pleased that the existing clubhouse is sympathetically integrated with the outdoor amenity and the hotel.” LHG’s scheme will deliver 124 new full-time jobs for the local community, increase the footfall to the town centre and bring in an estimated £1.71 million spend to local businesses. Importantly, it will also provide 500 nights of free accommodation to local health charities Explains Meher: “We are proud to present a hotel, which will act as a respite for parents and relatives of sick children at local healthcare facilities, including St George’s Hospital who require overnight accommodation. As part of our offer, we will provide a minimum of 500 free room nights per year to St George’s Hospital via Ronald McDonald House and St George’s Hospital Charity.” Planning consultant for the scheme is Q Square and work is expected to start on site in November 2020.

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Kawneer glazing systems to feature on world’s first Passivhaus leisure centre

The complete portfolio of Kawneer products will be used at St Sidwell’s Point in Devon. Work is expected to start shortly on the installation, on the world’s first Passivhaus leisure centre, of architectural glazing systems by leading UK manufacturer Kawneer. The systems – two types of curtain walling, three types of doors, windows and brise soleil – will be installed by Kawneer-approved specialist sub-contractor AB Glass for main contractor Kier at St Sidwell’s Point in Exeter. The 4,850m2 project will replace an ageing swimming pool with an eight-lane national/county-standard pool and four-lane learner pool, both with movable floors, together with dry sports facilities including gym, café and crèche, and health and spa amenities. Benefits of the Passivhaus design include a 70% saving on energy costs when compared to a current good practice pool, a 50% reduction in water use, outstanding internal water and air quality, excellent daylight levels and lower maintenance costs due to a high-quality building fabric. Step up Kawneer’s Passivhaus-certified AA®100 capped curtain walling, which will be used around the building envelope and some locations internally, and RT®82HI windows which feature exceptional levels of thermal performance and airtightness, partly due to larger-than-normal thermal breaks. These Passivhaus-certified products will be installed by AB Glass alongside Kawneer’s AA®100 FR and AA®720 FR fire-rated curtain walling and doors as internal screens, AA®190 TB external entrance doors, AA®720 standard and AA®720 HI doors internally and externally, and AA®130 brise soleil. The flagship in Exeter City Council’s £330 million regenerating city centre masterplan, which also includes housing, offices, restaurants and retail, is expected to open to the public, alongside a new bus station, in the spring of 2021, and attract more than 500,000 visits a year. Exeter City Council and Passivhaus designers Gale & Snowden architects have delivered several Passivhaus multi-unit housing schemes but this is the first commercial Passivhaus development they have embarked on together. The hybrid construction comprises an in-situ concrete frame with aerated concrete blockwork infill and mineral wool batts on an insulated in-situ ground floor slab. The design also features a metal standing seam roof on CLT (Cross Laminated Timber) and glulam beam structure and a liquid-applied warm roof on a steel frame structure. The Passivhaus Institute is acting as Passivhaus certifier and modelling the design in a bespoke multi-zone PHPP (Passive House Planning Package). As such, the energy performance figures are different to standard Passivhaus calculations due to the high pool and changing area temperatures. Alan Brayley, managing director of AB Glass, who will have a team of up to 30 on the project for an estimated 30 weeks, said: “We are thrilled to have been awarded this contract. This is an innovative project that we are very excited to be involved in. The environmental credentials of this building are such that we believe some of the standards and skills we will be implementing here will be in high demand in the future as many more buildings look to emulate what we see here.”

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CASTLEHOUSE HANDS OVER NEW BUILD LIDL IN YORK

20,000 Sq Ft Supermarket Constructed On Behalf Of S Harrison Developments Leeds-based Castlehouse Construction has handed over a new build Lidl on James Street in York.  The supermarket has been built on behalf of Yorkshire property and development company, S Harrison Developments, which has transformed the 2.36 acre disused site into a 20,000 sq ft Lidl, creating circa 40 new jobs for the local area. The new Lidl, which backs onto Foss Island Retail Park, forms part of the retailer’s target to open 1000 stores in the UK by the end of 2023.  It boasts 130 parking spaces, including four bays with EV charging and is the second Lidl to open in York, the first being on Thanet Road. Phil Dewell, Construction Director, Castlehouse Construction commented: “We are delighted to work with S Harrison Developments to complete the York Lidl store which supports the retailer’s ongoing store expansion and regeneration programme in the UK.  It’s rewarding to see a site that has languished for years changed for the better and to serve the local community.” Andrew Wharton, Project Manager, S Harrison Developments said: “It is hugely positive news to see investment on this scale in this part of York on a site that has had many uses over the years, from waste disposal site and packaging factory to a storage facility for tv props.  The two large industrial buildings had fallen into disrepair, so it was an exciting development to work on, which ultimately will support the economic sustainability of the local area and create jobs, as well as being a great place to shop.”

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New D&D London Venue In Stratford

New D&D London Venue In Stratford

International Quarter London’s (IQL) landmark building, the Pavilion has agreed a deal for to bring a new world-renowned restaurant to the area. Global restaurant and bar group, D&D London has signed an agreement which will see it launch its latest dining concept within the Pavilion. The Pavilion is currently under construction and stands at the gateway to the Queen Elizabeth Olympic Park in Stratford, east London.  Designed by award-winning contemporary architects ACME, the building is made almost entirely from sustainable timber and split over three floors. D&D London will create an inclusive and inviting place to eat, drink and socialise. Their design will incorporate a ground floor café and brasserie, first floor restaurant, and a rooftop bar. The building includes a roof terrace with views across the Queen Elizabeth Olympic Park and what will become East Bank, the future home to world-class cultural institutions including Sadler’s Wells and the V&A, among others. With a collection of over 40 restaurants and bars across the globe – from London, to Leeds, to Paris, to New York – each space has its own identity, but shares a vision for great food, drinks and service, as well as world-class design. IQL is a £2.4bn joint venture between Lendlease and regeneration specialist LCR that stands at the gateway to the Queen Elizabeth Olympic Park. It is a vibrant new 22-acre neighbourhood within the heart of Stratford, which brings together new homes, offices, and a diverse range of shops and restaurants. Guy Thomas, Head of Retail at Lendlease, said: “The Pavilion will be the beating heart of IQL and our goal was to sign up a tenant with enough gravitas and vision to establish a concept that would complement the thriving and diverse community we are building and nurturing. D&D London will make the Pavilion a focal point for IQL and Stratford, and they will offer something for everyone.  We look forward to revealing more about this project as work progresses.” Des Gunewardena, Chairman and CEO of D&D London, added: “D&D has an established reputation for being at the forefront of restaurant development within emerging areas of cities both in the UK and oversees. We see Stratford as an exciting new cultural and leisure quarter of London, particularly following the 2012 Olympics, and we are admirers of Lendlease’s bold vision for IQL’s development. We look forward to occupying what will be some beautiful spaces and hope to develop restaurant, café and bar concepts to do justice to a building which is sure to become an iconic landmark for Stratford and for London.”

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