Next commits £300m to major Yorkshire logistics expansion
Retail giant Next is pressing ahead with a significant expansion of its UK logistics infrastructure, committing more than £300m to new warehouse development at its established Elmsall complex in West Yorkshire. The scheme includes plans for a new 1.2 million sq ft distribution facility, known as E4, which has already secured planning consent. Construction is expected to begin in 2028, with phased delivery from 2029 and full operational capability targeted early in the next decade. The development forms part of a wider acceleration of Next’s warehouse investment programme, driven by sustained growth in online sales and increasing pressure on existing capacity. The retailer reported that web sales have grown by 28 per cent over the past two years, significantly outpacing earlier forecasts of 10 per cent. At present, the Elmsall site comprises three major distribution buildings, including the recently delivered E3 facility, which added around 50 per cent to the group’s boxed storage capacity. However, stronger-than-expected demand, alongside shifts in product mix and stockholding strategies, has led to higher utilisation levels than originally planned. Next said that warehouse occupancy has already approached peak levels, prompting the decision to bring forward further phases of development to maintain operational efficiency and avoid congestion. Additional short-term capacity will be created through expansion works and the use of nearby facilities, ahead of the longer-term delivery of the new E4 building. The proposed E4 warehouse is expected to increase overall capacity at the Elmsall complex by at least 50 per cent and support up to £2.5bn of additional sales once fully operational. The wider investment programme, totalling £307m over the next three years, will also enhance automation, storage capability and distribution performance across the network. Alongside its logistics expansion, Next continues to report strong financial performance, with pre-tax profits rising to £1.2bn for the year to January 2026. The company said the investment in infrastructure will play a critical role in supporting long-term growth, particularly as international sales continue to outperform the domestic market. The expansion reflects a broader trend across the retail sector, where major operators are investing heavily in large-scale logistics assets to meet evolving consumer expectations around speed, availability and reliability. For Next, the Elmsall development represents a cornerstone of its future supply chain strategy, ensuring the business is equipped to handle continued growth in e-commerce while maintaining efficiency across its UK operations. Building, Design & Construction Magazine | The Choice of Industry Professionals
Canary Wharf Group advances major One Eden office retrofit scheme
Canary Wharf Group is preparing to bring forward another significant office retrofit on its Docklands estate, with plans progressing for the transformation of the former 33 Canada Square building. The landmark Norman Foster-designed office block has already secured planning consent for a substantial 545,000 sq ft upgrade and will be redeveloped as One Eden, a 17-storey scheme reworked by architect TP Bennett. The project is expected to move ahead once a pre-let agreement has been secured. Positioned next to Eden Dock, the redevelopment will introduce a range of new features designed to modernise the building and strengthen its connection to the surrounding public realm. Plans include new ground floor retail space and the potential addition of a rooftop destination restaurant, enhancing the building’s appeal as a mixed-use destination. At the heart of the scheme is a dramatic new atrium, intended to draw natural light deep into the floorplates while creating stronger links between the building and nearby green and waterside spaces, including Jubilee Park, Canada Square Park and Eden Dock itself. Sustainability is a central focus of the redevelopment. Canary Wharf Group plans to retain 97 per cent of the building’s existing substructure and superstructure, preserving more than 62,000 tonnes of concrete and significantly reducing embodied carbon. The upgraded building will be fully electric and will incorporate heat pump technology, alongside a suite of energy-efficient measures. These include high-performance glazing, upgraded HVAC systems, heat recovery ventilation, LED lighting and smart building controls, all contributing to an anticipated 44 per cent reduction in regulated carbon emissions. Additional features will include winter gardens within the atrium spaces, a rooftop terrace and photovoltaic panels to support on-site renewable energy generation. The scheme will also benefit from dual power supply resilience, supported by tenant generator capacity. One Eden is targeting a range of high-level sustainability and performance certifications, including BREEAM Excellent, WELL Platinum, NABERS 4.5-star, EPC A and WiredScore Platinum. The project reflects Canary Wharf Group’s ongoing strategy to reposition existing assets through large-scale retrofit, delivering modern, low-carbon workspace aligned with evolving occupier expectations. Building, Design & Construction Magazine | The Choice of Industry Professionals
Rolls-Royce powers ahead with Falkirk battery storage project
Rolls-Royce has begun construction of a major battery energy storage facility in Falkirk, marking another step forward in the UK’s transition towards a more flexible, low-carbon energy system. The 43MW project, known as Bankside, is being delivered under an EPC contract for Voltario Helios Energy Storage and will utilise Rolls-Royce’s MTU energy pack systems. Once complete, the installation will provide 86MWh of storage capacity, enabling it to supply power to around 10,000 homes or support large industrial users. Led by Rolls-Royce’s power systems division based in Friedrichshafen, Germany, the scheme is scheduled to be connected to the grid later this year, with full operations expected in 2027. The facility will play a key role in balancing electricity supply and demand by storing energy generated during periods of high renewable output and releasing it during peak demand. The UK is widely regarded as one of Europe’s most advanced markets for battery energy storage, with a national target of reaching 27GW of capacity by 2030. Projects such as Bankside are seen as critical in supporting grid stability as renewable generation continues to increase. Rolls-Royce is also drawing on its strategic partnership with battery manufacturer CATL, announced in 2024, which enables the integration of advanced battery technologies into its storage systems. The collaboration reflects a growing emphasis on combining global innovation with local delivery. Nigel Jefferson, chief executive at Voltario, said the Falkirk project represents the first in a planned pipeline of battery storage sites. He highlighted Rolls-Royce’s technical expertise and long-term service offering as key factors in its appointment, alongside its commitment to engaging the Scottish supply chain. Andreas Görtz, president of the mobile and sustainable business unit at Rolls-Royce Power Systems, said the company’s role as a turnkey integrator enables it to support the energy transition across the full lifecycle of storage projects, from design and delivery through to intelligent control and ongoing operation. The Bankside development underlines the growing importance of battery storage infrastructure in the UK energy mix, providing the flexibility needed to maximise renewable generation and ensure a reliable electricity network for the future. Building, Design & Construction Magazine | The Choice of Industry Professionals
Great Places delivers new affordable homes at Park Hill – backed by Homes England
A major new phase of the regeneration of Park Hill in Sheffield will see 24% of homes delivered as affordable housing, following a new agreement between joint venture (JV) partners Urban Splash and Places for People and leading housing association Great Places Housing Group. The deal means that 30 of the 125 homes planned for Phase 4 at the iconic Grade II*-listed estate will be affordable. It builds on a longstanding partnership, with Great Places having previously delivered 96 homes in the first phase and working alongside Urban Splash for more than 20 years. Helen Spencer, Executive Director of Growth at Great Places, said: “This is a significant step forward for Park Hill and for Sheffield. We’re proud to be strengthening our long-standing partnership to deliver more high-quality, affordable homes in one of the UK’s most important regeneration projects. This investment will ensure more people can be part of Park Hill’s next chapter, in a community that continues to grow in strength and diversity.” The agreement is supported by funding from Homes England, which has backed Great Places’ acquisition of the homes, alongside its wider £6.4m investment into the development’s fourth phase that was announced by the JV in January. Work is set to begin this month, with the new phase also delivering enhanced public realm, EV charging points, car club facilities, and secure cycle storage. The new homes build on more than a decade of progress at Park Hill, where Urban Splash and Places for People have already delivered 455 homes, accommodation for 356 students, over 50,000 sq ft of commercial space, and extensive public realm improvements. Nilam Buchanan, Regional Managing Director for Central and North Developments at Places for People, added: “Park Hill is one of the UK’s most exciting regeneration stories, and throughout its redevelopment we have prioritised creating homes of mixed tenure – and are proud to bring in more affordable homes here. By working in partnership, we’re delivering a mix of homes and spaces that support a genuinely inclusive and sustainable community – one that reflects the character of Sheffield while looking firmly to the future.” Guy Ackernley is Managing Director of Development and Residential at Urban Splash and added: “Bringing forward more affordable homes at Park Hill is hugely important to us. This partnership ensures that the next phase continues to open up this iconic building to a wider range of residents, while maintaining the quality, design and sense of place that defines Park Hill today.” Urban Splash and Places for People will also deliver a fifth phase. Already consented, it will bring a further 105 homes, including apartments, duplexes, and townhouses, alongside new commercial space for independent businesses, adding to a growing community that includes South Street Kitchen, The Pearl, and Grace Owen Nursery. For further information and to register for details of the new homes visit: https://www.urbansplash.co.uk/regeneration/projects/park-hill Building, Design & Construction Magazine | The Choice of Industry Professionals
Savills strengthens retail property management team with four senior hires
Savills has expanded its UK retail property management division with four new appointments, reinforcing its national capability as demand for specialist management expertise continues to grow. The firm has made strategic additions across key regional and central teams, bringing in experienced professionals to support its expanding portfolio of shopping centres and retail destinations. Katie Kelly has joined the Manchester office as an associate director, enhancing Savills’ presence across northern England. With more than 15 years’ experience in shopping centre management, she has previously held roles at major retail destinations including Liverpool ONE and Derbion in Derby. In London, Lana Hill has been appointed as an associate director at Savills’ Margaret Street headquarters. She joins from Lambert Smith Hampton, where she spent over nine years, and will focus on the operational and strategic management of the firm’s growing shopping centre portfolio. Philippa Spyvee has also joined as an associate director, bringing experience from Workman LLP, where she worked for more than six years. Her role will centre on supporting Savills’ retail portfolio, including both traditional shopping centres and outlet destinations. Completing the quartet of appointments is Hannah McInnes, who joins as an associate within the Glasgow property management team. She brings a blend of client-side and consultancy experience across the retail and leisure sectors, further strengthening Savills’ capabilities in Scotland. The appointments reflect continued momentum within Savills’ retail and leisure property management business, as the firm responds to an increase in new instructions and the evolving needs of clients. Richard Hulme, head of UK retail and leisure property management at Savills, said the expansion ensures the firm can continue to deliver a high level of service across its portfolio. He noted that the new hires bring valuable regional expertise and will support clients in driving long-term asset performance, underpinned by hands-on management and strong data-led insights. The latest hires highlight Savills’ ongoing investment in its retail platform, as the sector continues to adapt to changing consumer behaviour and operational demands. Building, Design & Construction Magazine | The Choice of Industry Professionals
Tishman Speyer targets Pall Mall revamp after landmark acquisition
Tishman Speyer is preparing a major refurbishment of 50 Pall Mall following its acquisition of the prime office building in the heart of St James’s, underlining its continued investment in central London. The nine-storey property, which offers 33,888 sq ft of Grade A office space, was acquired off-market from Lazari Investments, which had owned the asset since 2019. Currently around 87 per cent let, the building occupies a highly sought-after location close to Mayfair, Green Park and Piccadilly, with strong connectivity across multiple Underground lines. Originally constructed in 1913, the building has undergone several transformations, including a redevelopment in 1997 that retained its distinctive carved Portland stone façade, and a further upgrade in 2006 to bring it in line with Grade A office standards. Tishman Speyer now plans a comprehensive refurbishment to modernise the building and enhance its long-term appeal to occupiers. The proposals include a significant uplift in environmental performance, alongside improvements to internal amenities. Planned upgrades range from a redesigned entrance lobby to the introduction of a new roof terrace, reflecting growing demand for high-quality, experience-led workplaces in central London. The scheme will focus on repositioning the asset to meet modern ESG expectations, while maintaining the character of the historic structure. Efficient floorplates of around 4,000 sq ft are expected to be retained, offering flexible workspace suited to a range of occupiers. Martin Simonneau, managing director and regional director for Tishman Speyer UK, said the acquisition presents a rare opportunity to enhance a prime office building in one of the capital’s most prestigious locations. He added that the company intends to draw on its placemaking and development expertise to deliver best-in-class workspace, aligning with evolving occupier requirements around sustainability, amenity and design quality. The purchase of 50 Pall Mall further strengthens Tishman Speyer’s London portfolio and follows the completion of Angel Square in Islington in 2025. The developer is also progressing the large-scale redevelopment of Belvedere SW1, a 550,000 sq ft mixed-use campus in Victoria. The latest acquisition highlights ongoing confidence in prime London offices, particularly assets that can be repositioned through retrofit-led strategies to meet the next generation of workplace standards. Building, Design & Construction Magazine | The Choice of Industry Professionals