Prominent developer Wykeland Group is leading the remarkable regeneration of its home city of Hull, with a series of multi-million pound investments. Wykeland is one of Yorkshire and the Humber’s leading commercial developers and is a key player in a raft of major schemes in Hull as the city enjoys
Latest transaction at premier 74-acre Silverwood’s Business Park now brings the development to 90% occupancy. St Francis Group, a leading UK-based property development and investment group and an expert in brownfield development and regeneration has announced the sale of 3.6 acres of land at its premier 74-acre Silverwood’s Business Park
Phase two and three of the Newham development has secured support from London developer Mount Anvil that has teamed up with ExCel London. A resolution to grant planning permission has been secured from Newham’s Strategic Development Committee for phases two and three of its development. “Securing resolution to grant planning
The final beam was laid on a new nine-storey building on London’s Hanover Square development; a progress celebrated by contractor Mace and Great Portland Estates with a topping out ceremony. The 1.3 acre mixed-use development – Hanover Square Estate – is scheduled for completion next year. It will provide 220,000 sq ft
Fusion Building Systems, the offsite manufacturer of light gauge steel frames has been awarded a contract by Solus Homes to provide a two-storey superstructure for the renovation of Morley Street Mill in Loughborough, Leicestershire. The former home of the Morley hosiery factory is being sympathetically redeveloped by the Loughborough housebuilder
Woodhead Group has secured a place on two new frameworks and is on its way to deliver a third one, adding to its recent success on the Pagabo framework. The firm won a place on the Westworks Procurement Development and Construction DPS and was reappointed to the Blue Skies Contractor
Barings, one of the world’s largest diversified real estate investment managers, has unveiled the views from its Landmark Manchester, 180,000 sq ft office development which is currently under construction in St Peter’s Square. Set for completion in Q3 of 2019, the building will offer occupiers the largest available floorplates in
Tolent has announced its recent contract win at Kirkstall Forge, where the team will build the site’s first residential phase, with the contract initially delivering the construction of two prototype houses. Led by CEG, Kirkstall Forge is a £400 million project in Leeds that will see over 1,000 new homes
SiteSales Property Group and One Housing Group have launched six new luxury one-bedroom apartments at the Parker Tower development in Covent Garden, Central London. The apartments, which are priced from £930,000, are available to buy under shared ownership, from a minimum 25% share and 1.5% rent on the remaining property.
Swansea Council has selected Buckingham Group Contracting as the principal contractor to help deliver the £120 million Swansea Central Phase One transformation under a pre-construction services agreement (PCSA). The contract was awarded after a competitive tender process. The transformation will bring a 3,500-capacity digital indoor arena, a coastal park, digital plaza, landmark
Prominent developer Wykeland Group is leading the remarkable regeneration of its home city of Hull, with a series of multi-million pound investments. Wykeland is one of Yorkshire and the Humber’s leading commercial developers and is a key player in a raft of major schemes in Hull as the city enjoys unprecedented regeneration after gaining national and international exposure as UK City of Culture 2017. The focal point for the city’s rejuvenation is the waterfront Fruit Market quarter. Once a near-derelict area, the Fruit Market took centre stage during the City of Culture year and is being transformed by one of the most significant urban regeneration schemes in the North of England. Wykeland is part of the Wykeland Beal joint venture with East Yorkshire-based housebuilder Beal Homes which is driving forward the £80m renaissance of the Fruit Market, in partnership with Hull City Council. The Fruit Market has been reinvented as one of the most vibrant and fastest-growing communities in the North, featuring a host of commercial, creative and cultural ventures. The first buyers are also moving into a £17m Wykeland Beal development that is adding the residential element to the developers’ “live, work and play” vision for the area. Wykeland Beal has just secured planning permission for the latest major phase of the Fruit Market transformation, which features a new head office for the UK’s leading safety company, Arco. Hull City Council’s Planning Committee gave the green light to the £22m scheme, including the Arco offices, a 350 space multi-storey car park, 34 residential units and 3,000 sq ft of retail/leisure space. The 55,000 sq ft Arco building will be one of the largest new corporate head office developments in the North of England in recent years. It will accommodate around 450 employees who will transfer from Arco’s current base, in a 1960s building a mile away which is set to be demolished as part of a £392m Highways England scheme to improve the main A63 route through the city centre. Wykeland paved the way for the Fruit Market to become a magnet for investment with developments such as @TheDock, which saw a vacant waterfront site incorporating a listed dry dock become a thriving tech campus, with the Centre for Digital Innovation (C4DI) digital hub as its centrepiece. @TheDock is acknowledged as one of the UK’s leading digital clusters, with around 200 start-up or scale-up tech firms based on site or closely linked to it, and last month Wykeland gained planning permission for two new buildings to complete the development. The £9m plans will provide 31,000 sq ft of offices, co-working and meeting space to enable tech companies to continue to collaborate and grow. Wykeland’s latest landmark development is a nine-storey hotel with rooftop sky bar offering spectacular views of Hull’s waterfront, as part of a scheme that will secure the future of two historic buildings and create a new city centre piazza. Wykeland has teamed up with Princes Quay Developments, owner of Hull’s Princes Quay Shopping Centre, for the Castle Buildings scheme featuring a 52,000 sq ft hotel with 150 bedrooms as part of a £20m investment creating up to 150 jobs. Dominic Gibbons, Managing Director of Wykeland Group, said: “Hull is riding the crest of a wave and, as a company founded and based in the city, we couldn’t be happier to be at the heart of the exciting change we are now seeing all around us. “Hull has never before experienced so much concentrated investment, but it’s certainly not an overnight success story and it’s fair to say some of it is making up ground on other major cities. “The seeds have been sown over many years, including by all the key players coming together behind the bid for Hull to be UK City of Culture. In fact, we were the first ‘business angel’ to back the bid, as well as becoming a Major Partner, and support from the city’s businesses community was a vital factor in the success of the bid and the year-long cultural programme. “Being City of Culture was a game-changer for Hull and, working together, the city has capitalised on the momentum the year generated.” Mr Gibbons said a key factor was unlocking the potential of Hull’s waterfront, including the unique Fruit Market area, which was home to the city’s wholesale fruit and vegetable trade for a century before falling into decline. He added: “Our own offices overlook the River Hull and the Humber Estuary, so we were very aware of what could be achieved. We kick-started the revival of the waterfront by acquiring and revitalising the Marina Court offices and then launching @TheDock and C4DI. “There had been previous plans by out-of-town developers to regenerate the Fruit Market, but these collapsed after the banking crisis. Back in 2013 we formed a joint venture with Beal Homes to bid to become Hull City Council’s partner, which has ultimately led to the thriving urban village we see today. “Key to all of this has been the strength of our relationships with public sector partners such as the city council and businesses such as Beal Homes and Arco. The investment Hull is enjoying also demonstrates the power of bringing together physical, social and cultural change – after all, regeneration is about people, not just buildings.” Wykeland was founded in Hull 50 years ago and has developed more than 11.5m sq ft of high-quality commercial space across the north of England and Scotland. Three years ago Wykeland sold a range of business parks in Scotland and the North East to focus on its “sphere of influence” in Yorkshire and the Humber and that decision has paid dividends. The company now has a development pipeline of almost £400m within the region, with flagship projects including the fast-growing Bridgehead and Meltonwest business parks in East Yorkshire. Wykeland has also established a reputation as a trusted partner of the public sector in bringing commercial acumen and delivery focus to public-private partnerships. As well as the partnership with Hull
Latest transaction at premier 74-acre Silverwood’s Business Park now brings the development to 90% occupancy. St Francis Group, a leading UK-based property development and investment group and an expert in brownfield development and regeneration has announced the sale of 3.6 acres of land at its premier 74-acre Silverwood’s Business Park mixed use development in Kidderminster. The land is to be utilised to build new manufacturing, testing, warehouse and office facilities for Barton Firtop, a world leading manufacturer of filtration products, that will enable three existing sites to merge into a purpose built, ‘state of the art’ plant. It is anticipated that the Phase 1 development shall provide 40,000 sq. ft. of facilities and employment for up to 100 people with a Phase 2 expansion planned to follow to increase this to 60,000 sq. ft. and potentially an additional 50 employees. Commenting on the deal St Francis Development Director Gareth Williams said: “We are very happy to welcome Barton Firtop to our premier Silverwood’s Business Park development and to support their next phase of growth and expansion needs This deal follows several other land-sales during 2018 which now brings the park to practically 90% occupancy with only a few plots remaining. Silverwood’s is a real success story locally, creating much needed new housing, community facilities, leisure attractions and retail space in the process creating several hundred new jobs from the local community” Kevin Troughton, Managing Director at Barton Firtop said “This is a really exciting time for the Company enabling our current level of growth to progress to the next stage. Our company currently has space limitations and this problem is compounded by operating between three separate sites, so this new-build will enhance our capabilities and enable us to meet ever increasing capacity requirements, ultimately resulting in further increases in turnover and staffing levels. Over the last decade the company has more than doubled its staff base and with this acquisition it remains on course to expand further, based on the increasing demand for our World Leading Filtration® products that are supplied to prestigious clients around the globe.” John Dillon of GJS Dillon Commercial Property Consultants advised Barton Firtop on their acquisition. John Dillon explained that “Finding sites and existing warehouse / industrial facilities in Worcestershire is practically impossible at the moment without the help of an experienced Chartered Surveyor with local connections with Landowners, Property Owners, Pension Funds and Commercial agents. Working with Kevin Troughton at Barton Firtop and the professional team made up of Gavin Vickers from One Creative and Clare Regan at Whatley Weston & Fox was an absolute pleasure”.
Phase two and three of the Newham development has secured support from London developer Mount Anvil that has teamed up with ExCel London. A resolution to grant planning permission has been secured from Newham’s Strategic Development Committee for phases two and three of its development. “Securing resolution to grant planning permission for phases two and three of Royal Eden Docks is a landmark moment for the site. The success of phase one demonstrated buyer demand for homes in this part of London, and in a period when the capital is gripped by an acute housing shortage, it’s important that we are working in partnership with the GLA to bolster the delivery of new homes for Londoners,” said Emma Foster, Development Director, Mount Anvil. Royal Eden Docks adjoins Royal Docks West, phase one of the project and also a 19-storey tower, which was launched successfully to market in spring 2017 and is now 90% sold. Delivering 796 new homes, the two new phases will help amount the total to 901 units when combined with the homes delivered at Royal Docks West – and representing Mount Anvil’s largest ever scheme. With architecture by SOM, the development will comprise a selection of studio, one, two and three-bedroom apartments, with 35% affordable housing (by habitable room). “Phase one brought substantial investment in the community and surrounding infrastructure, and we look forward to building on that investment with the construction of phases two and three. The Royal Docks is one of London’s last pockets of regeneration, and Mount Anvil is proud to be shaping the area for future generations, with the delivery of high quality, tenure-blind new homes and amenities, and helping to establish it as a sought-after place to live,” added Emma.
The final beam was laid on a new nine-storey building on London’s Hanover Square development; a progress celebrated by contractor Mace and Great Portland Estates with a topping out ceremony. The 1.3 acre mixed-use development – Hanover Square Estate – is scheduled for completion next year. It will provide 220,000 sq ft of high quality office, retail and residential accommodation centred around a new public courtyard. “This ceremony marks a significant milestone in the construction of the Hanover Square Estate. With Europe’s largest infrastructure project directly underneath us, and operating on a constrained construction site in Mayfair, this project was always going to face challenges. I am very proud of the collaborative working we have seen from our construction team and external stakeholders,” said Toby Courtauld, Chief Executive of Great Portland Estates. 18 Hanover Square is a nine-storey building constructed above the new eastern entrance to the Elizabeth Line’s Bond Street station, and will include 126,000 sq ft of offices and 2,300 sq ft of retail space. Other projects under the development include a separate building on New Bond Street, new office space above 1 Medici Courtyard, a restored Georgian Grade II Listed building, and six new 2 and 3 bedroom residential apartments at the junction of New Bond Street and Brook Street. “When complete, Hanover Square will deliver some of London’s most enviable offices, retail and private residences. I’m honoured to be here today to mark such a significant step forward for the project. Great Portland Estates are one of the best developers operating in the UK, and we’re thrilled to have built such a close relationship with them through the delivery of three major London landmarks,” added Mark Reynolds, Chief Executive of Mace. The project team has worked closely with Crossrail, who are delivering the new Elizabeth line station at Bond Street. They are also working closely with Transport for London (TfL), who operate the adjacent London Underground station.
Fusion Building Systems, the offsite manufacturer of light gauge steel frames has been awarded a contract by Solus Homes to provide a two-storey superstructure for the renovation of Morley Street Mill in Loughborough, Leicestershire. The former home of the Morley hosiery factory is being sympathetically redeveloped by the Loughborough housebuilder to provide luxury apartment accommodation across six storeys, for sale on the open market. Northampton-based Fusion Building Systems’ contract is to design and manufacture offsite, the light gauge steel superstructure which will form the upper two floors of the development, to be positioned on top of the existing 18th century structure. The low weight of Fusion’s light gauge steel panelised system was one of the primary reasons it was chosen by Solus Homes, enabling the developer to retain as much of the original building construction without compromise. With individual exterior wall panels weighing up to 80% less than the same area in traditional building materials, the benefits of using a light gauge steel system are significant. This will be the first time the two companies have worked together and Solus Homes Managing Director Mark Hornsall, said: “I was aware of Fusion through industry connections and had seen some of their work locally. We discussed a similar mill restoration project they’d worked on in Leeds and after touring their manufacturing facility and reviewing their design and engineering capabilities, I was eager to see how their system could work for us.” Stewart Hackney, Fusion Building Systems Business Development Manager, added: “It’s been a pleasure to work through the plans for Morley Street with Solus Homes and as this project progresses, we hope they’ll see the benefits of working with our offsite system for themselves – through the predictability of cost, timelines and accuracy of construction.” Mark continued: “While lightweight materials are a driving factor in this project, I’m interested to see how offsite construction might speed up our site process – ultimately influencing the build quality of our developments and their commercial viability.” Demolition works at Morley Street started back in July 2018, followed by construction work in November. Fusion has an eight week build programme planned for the site and will shortly start on the design element of its work, before moving to production and then on to site in May. Solus Homes plans to reach completion by April 2020. www.fusionbuild.com www.solushomes.co.uk @FusionBuildLGS
Woodhead Group has secured a place on two new frameworks and is on its way to deliver a third one, adding to its recent success on the Pagabo framework. The firm won a place on the Westworks Procurement Development and Construction DPS and was reappointed to the Blue Skies Contractor framework. “Securing a place on three public sector frameworks demonstrates that we are trusted partners, we have delivered excellent social value returns and as a company we are passionate about working collaboratively to hand over successful projects. This trio of appointments has got 2019 off to a flying start and we are very pleased to have secured places on each framework,” said Tom Woodhead, director of the Woodhead Group. Available for use by all Westworks and Efficiency East Midlands (EEM), the Westworks Procurement Development and Construction DPS is part of the Collaboration arrangement between several like-minded procurement consortia. Woodhead Group has been part of EEM for seven years. During this time the company has delivered or is on site with more than £50 million of projects and is set to complete its 500th home secured through the framework in 2019. “These frameworks act as a strong trust signal for councils and housing associations that are looking to work with us, and is a real testament to the high standard of work we deliver and our commitment to deliver real social value to local communities,” added Rom Woodhead. Blue Skies Contractor framework is run by the Blue Skies Consortium, which is a collection of housing associations. It aims to deliver primarily affordable housing residential developments for the different associations.
Barings, one of the world’s largest diversified real estate investment managers, has unveiled the views from its Landmark Manchester, 180,000 sq ft office development which is currently under construction in St Peter’s Square. Set for completion in Q3 of 2019, the building will offer occupiers the largest available floorplates in the prime core of Manchester City Centre, of circa 14,000 sq ft. Landmark Manchester will provide 14 floors of next generation office space above two basement levels. The building is being constructed with an offset core, enabling occupiers to benefit from large virtually column free floorplates to provide maximum efficiency and flexibility. Ian Mayhew, Managing Director at Barings, said: “Following the completion of over 100,000 sq ft of Grade A office lettings so far in Manchester City Centre this year, competition for available space is fierce. The average transaction in 2019 has been for around 20,000 sq ft which Landmark can easily accommodate. “Our careful assessments of the Manchester office market gave us the confidence to commit to delivering Landmark this year, as we knew that we would be hitting a supply-constrained market and would therefore have a real opportunity to help meet the demand for high quality space within the City. We’re in an advantageous position where we are able to offer occupiers a best in class office building with stunning views over the Manchester skyline, at a time when the Manchester office market needs it most.” Barings Alternative Investments (BAI), part of Barings LLC, is a 470+ associate team located across 11 countries that manages $48.5 billion in client capital. BAI seeks differentiated sources of returns by incorporating decades of investment experience in alternative assets offering investors access to a diverse range of opportunities across private equity, real assets, asset-based investments and the four quadrants of real estate. We serve as a trusted partner to clients, leveraging our global presence and robust origination capabilities to identify the most attractive risk-adjusted return opportunities. The Barings Real Estate team offers a broad range of investment opportunities globally across the public and private debt and equity markets. The team invests across all major property sectors with a focus on global relative value and trend-backed preferred strategies. About Barings Barings is a $303+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
Tolent has announced its recent contract win at Kirkstall Forge, where the team will build the site’s first residential phase, with the contract initially delivering the construction of two prototype houses. Led by CEG, Kirkstall Forge is a £400 million project in Leeds that will see over 1,000 new homes and 400,000 sq ft of offices, retail, leisure and community spaces being developed. The two prototype houses will be completed this summer and, once finished, members of CEG’s design team will move into the three and five-bed homes and test out the living experience. Following their feedback, improvements will be made to finesse the final product before continuing with the first phase of 112 contemporary homes, which were designed by Stirling Prize winner Feilden Clegg Bradley Studios. Open plan, light and airy, offering open plan living opening out onto gardens and terraces across different floors, the homes have been designed for modern life, making everyday living refreshingly enjoyable and effortlessly cool. Regional Director for Tolent, John Currie, said: “This is another great win for the team which really shows the depth of experience and expertise we have as a national construction firm. “With such a significant and visionary project that is already winning awards, we’re looking forward to being a part of this legacy for Leeds as well as the innovative prototype housing which is something new for us.” James Shimwell, head of residential development at Kirkstall Forge, said: “This innovative way of delivering prototype housing follows the attention to detail we have paid to everything we are delivering at Kirkstall Forge. “By testing every detail we can ensure we best complement Feilden Clegg Bradley Studios’ inspiring design, which maximises the acres of green space and waterfront opportunity.” CEG’s decision to ensure Kirkstall Forge is ‘Different by Design’ has paid off to date; with the opening of a new railway station connecting this development site to Leeds City Centre in just six minutes, followed swiftly by a 110,000 sq ft office development which was 90% let less than a year from completion, securing the prestigious British Council of Offices best UK ‘Commercial Workplace’ award. Tolent, a north-east based national contractor, has been working across the Leeds and wider Yorkshire area since 1990, delivering a variety of contracts from industrial, leisure and more recently student accommodation. To find out more about Tolent visit www.tolent.co.uk
SiteSales Property Group and One Housing Group have launched six new luxury one-bedroom apartments at the Parker Tower development in Covent Garden, Central London. The apartments, which are priced from £930,000, are available to buy under shared ownership, from a minimum 25% share and 1.5% rent on the remaining property. Priority is given to those that live or work in the London borough of Camden. The contemporarily designed hexagonal Parker Tower building is located in the heart of historic Covent Garden, a hub of fashion, design and technology. The six apartments are tastefully decorated to a high specification and offer a 24-hour concierge service. Within walking distance of both Holborn and Covent Garden Station London Underground stops, and a host of iconic, high-end restaurants and bars, museums, West End theatres and celebrated shopping and open spaces, Parker Tower offers prospective buyers true access to the London lifestyle. Also, for those who like to take a break from the hustle and bustle of big city life, King’s Cross International station is only 20 minutes away, with the UK’s largest airport, Heathrow within 40 minutes travel. Parker Tower development – CGI image of exterior building. Copyright © One Housing Group. Craig Osborne, Assistant Director of SiteSales Property Group, said: “We’ve been involved with the Parker Tower development from the initial stages and it’s fantastic to see it nearing completion. These exclusive apartments provide everything one could want from modern urban life; top class entertainment, high-end eating, culture, history and excellent transport routes.” Toyin Folade, Sales & Marketing Director at One Housing Group, said: “One Housing Group is delighted to partner with BNP Paribas to transform a former office block constructed in the 1950s to build 59 homes in the heart of London. 13 of these homes will be available for shared ownership and general needs. London is a great city and One Housing Group will continue to deliver affordable homes across London and the South East, perfectly located for customers.” For further information about the development and to register your interest, please visit: https://site-sales.co.uk/development/parker-tower-shared-ownership/
Swansea Council has selected Buckingham Group Contracting as the principal contractor to help deliver the £120 million Swansea Central Phase One transformation under a pre-construction services agreement (PCSA). The contract was awarded after a competitive tender process. The transformation will bring a 3,500-capacity digital indoor arena, a coastal park, digital plaza, landmark pedestrian bridge, new car parking and new homes and premises for retail, food and drink. Buckingham Group will undertake pre-construction services including detailed design, costings and essential preparatory work on the expansive city centre site over six months period. “Buckingham Group Contracting have an outstanding record in successfully delivering major high-profile schemes. Having a company of this calibre working in collaboration with us is another statement of intent; this will be a world-class transformational scheme that will be a catalyst to making Swansea a great 21st century city,” said Rob Stewart, leader of Swansea Council. “Swansea Central Phase One will bring a bright new modern focus to our city; it will mean new opportunities for local people, businesses and major investors. Other regeneration will follow. We have developed a strategy with Buckingham to offer packages of work to sub contractors and trades, many of whom we hop will be local so the benefits of this significant investment will stay within the local economy,” Rob added. The early work will prepare the project and site for the main build phase due to start in late summer this year, with the transformation due to be completed in 2021.
