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Regeneration milestone for Perry Barr as new homes completed

Regeneration milestone for Perry Barr as new homes completed

The regeneration of Perry Barr in Birmingham took another step forwards today as it was confirmed that construction is now complete on the first phase of the Perry Barr Residential Scheme. Almost 1,000 much-needed new homes are now available for rent or sale on a former university campus in the

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Plans for transformation of Smithfield Birmingham submitted for approval

Plans for transformation of Smithfield Birmingham submitted for approval

Designs for a landmark scheme that will regenerate Smithfield Birmingham have been submitted to the City Council, following an extensive consultation on the proposals. The site played a central role in the hugely successful Commonwealth Games last summer, during which it hosted several games venues as well as the Smithfield Festival.

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KGX1, the £1bn Google HQ in Londons King’s Cross

Updated plans submitted by Google for its £1 billion “groundscraper” headquarter building in Kings Cross show that it will have 250 metres of shop fronts and a community events space. Lendlease is main contractor of the huge one million sq ft building. — designed by Thomas Heatherwick and Danish architects

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Lendlease completes first UK green bond

Lendlease has raised £250 million through its debut pound sterling green bond – testament to ongoing investor demand for sustainable real estate development projects. The 12-year fixed rate bond pays a coupon of 3.5 per cent and will help the company continue to bring its $114 billion global pipeline of

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Lendlease on the road to absolute zero carbon

Lendlease has announced plans to eliminate the use of diesel on its construction sites in Europe and ensure that all the electricity the company procures is from clean renewable sources.  The international property and investments group has set itself challenging environmental targets, including a commitment to becoming a 1.5°C aligned company

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11,500 Homes Will Arrive at Thamesmead Waterfront

The Preferred Bidder to develop 11,500 homes at Thamesmead Waterfront in London is Lendlease. The firm was selected by housing charity Peabody and it is subject to contracts being finalised. Lendlease will work alongside Peabody in a corporate joint venture to masterplan and deliver the mammoth scheme over the next

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Lendlease and LCR Have Received Planning Approval

The fourth office building for one of Europe’s largest commercial developments has received planning approval. The development is being carried out as a joint project between Lendlease and LCR, both of whom are joint partners of International Quarter London. The building has been designed by Rogers Stirk Harbour + Partners,

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Lendlease Has Introduced a New Property to its Portfolio

It has been announced that Lendlease has introduced a new property to its portfolio. The most sustainable residential developer in the UK has launched new innovative eco-concept. Futurehome is a project that is said to be a large step forward in the growth of the residential developer’s residential business. The

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Lendlease Signs £103m Contract to Build Landmark Office Scheme

Lendlease has formally signed a £103 million contract to build a landmark office scheme at 245 Hammersmith Road in West London. Including basements, the new building will be 12 storeys tall and will replace Bechtel House, which was formerly the UK headquarters of the US construction giant. Architect Sheppard Robson

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Latest Issue

BDC 317 : Jun 2024

Lendlease

Regeneration milestone for Perry Barr as new homes completed

Regeneration milestone for Perry Barr as new homes completed

The regeneration of Perry Barr in Birmingham took another step forwards today as it was confirmed that construction is now complete on the first phase of the Perry Barr Residential Scheme. Almost 1,000 much-needed new homes are now available for rent or sale on a former university campus in the north of the city. Completion of the new homes was announced at the same time that Lendlease, the principal contractor for the scheme on behalf of Birmingham City Council, revealed the project has beaten a number of targets it was set in order to help support the local economy and bring wider community benefits. More than 650 new jobs have been created for local people throughout the construction, including almost 100 apprenticeships, and more than 1,350 people have been upskilled on the site. Highlights included a Women in Construction course, which promotes opportunities for women in the construction industry across the UK, funded through the Home Builders Federation. Participants received advice and guidance, as well as training in various areas of construction, and two weeks’ work experience. Lendlease also worked with Solihull College to deliver English for Construction courses for people who have English as a second language, a key tool for increasing safety through better communication on a site which at its peak had 26 different nationalities of workers on the project. Participants who completed the course were rewarded with a Level 1 Health and Safety in Construction qualification. Over the course of the £326m contract, £267m has been spent by Lendlease with local businesses, and workers have devoted 2,679 hours to volunteering in the local area – the equivalent of four months of continuous work, and nearly three times the target they were set. This included working with Eden Boys School and Welford Primary School to build and maintain outdoor learning areas, as well as collecting for local food banks.   Designs created by students from Birmingham Metropolitan College were exhibited on site hoardings visible near the site to raise awareness of Single Use Plastics (SUP). This was inspired by the SUP Ambassadors programme, a project developed with students from Eden Boys’ School, that aimed to raise awareness of SUP and its impact on the environment, people and wildlife. Lendlease, together with construction partners, also sponsored the production of a new book aimed at educating primary school children on avoiding single use plastics, which was launched at Calshot Primary School, and was distributed to primary schools across Birmingham.  The new homes at Perry Barr consist of a mix of homes for rent and sale, surrounded by accessible green space. The tallest building on the scheme tops out at fifteen storeys and the first residents are expected to move in later this year. The scheme is part of a wider £700million-plus regeneration of Perry Barr in the north-west of the city, including improved leisure and community facilities along with upgraded transport infrastructure, all of which is underpinned by the Perry Barr 2040 Masterplan, developed by the Council in partnership with local residents and stakeholders. Lendlease are the Management Contractor for this first phase of the Perry Barr Residential Scheme, working with Kier, Willmott Dixon, PJ Careys and Vinci UK to deliver the project. Quote attributable to Anna Evans, Project director for the Perry Barr Residential Scheme, Lendlease: “I’m incredibly proud of what we’ve achieved at the end of this project. Despite the challenges presented by the Covid-19 pandemic, the team responded quickly to adapt to new ways of working and tirelessly devoted themselves to completing the project. Not only that, everybody went above and beyond to truly create a lasting legacy for Perry Barr, with new jobs, skills and sustainability initiatives. I want to thank everybody involved for their hard work and I look forward to seeing the first residents moving in and enjoying this vibrant new neighbourhood.” Quote attributable to Cllr Ian Ward, Leader of Birmingham City Council: “Perry Barr is being transformed and the completion of these much-needed homes is another major milestone in the ongoing regeneration of an area that has long been deserving of investment. “We’re determined that neighbourhoods across the city will reap the rewards of this golden decade of opportunity, and with major improvements to transport infrastructure, the redevelopment of the Alexander Stadium into a world-class sporting facility and the Perry Barr 2040 Masterplan, it’s clear that north west Birmingham is already benefitting. “Success for Birmingham must mean success for the people and communities of Birmingham, so it is especially pleasing that we have partnered with contractors who have a clear commitment to ensuring that existing residents and communities benefit from their work.” Find out more about the Perry Parr regeneration scheme at https://www.birmingham.gov.uk/info/50253/perry_barr_regeneration Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Plans for transformation of Smithfield Birmingham submitted for approval

Plans for transformation of Smithfield Birmingham submitted for approval

Designs for a landmark scheme that will regenerate Smithfield Birmingham have been submitted to the City Council, following an extensive consultation on the proposals. The site played a central role in the hugely successful Commonwealth Games last summer, during which it hosted several games venues as well as the Smithfield Festival. Now this 17-hectare development in the historic heart of the city is set to transform Birmingham and create major economic opportunities, including an estimated 8,000 new jobs. This once in a generation opportunity has the potential to reshape Birmingham’s city centre. A market has operated on the site for over 200 years and, continuing this long history, the new scheme will provide a home for the city’s historic Bull Ring markets, which will celebrate Birmingham’s roots as the ‘city of a thousand trades’. This will form an iconic new centrepiece for the city centre and include a rooftop garden, dining hall and new market square. The plans reveal ambitions to make Birmingham a new business hub where organisations can grow their networks and ideas. The masterplan creates a workspace campus of over one million square feet, featuring a range of workplaces designed to foster partnerships and knowledge-sharing, from Grade-A workspace, to flexible creative space and makerspace. Designed with health and wellbeing at its heart for a post-Covid, low-carbon future, the proposals will nurture a diverse range of companies and individuals. This will ensure that Birmingham continues to grow and retain its best talent and ideas, as well as attract new businesses to the city from across the UK and all over the globe. Integrated public transport, an enviable location close to Birmingham New Street station, along with easy access to the upcoming HS2 rail link, will make Smithfield one of the most well-connected areas to conduct business in the country. Taking advantage of the site’s location next to the artistic and cultural district of Digbeth, the plans submitted for approval also include a brand-new events and gathering space, Festival Square, that will play host to cultural events for thousands of people. Designed by James Corner Field Operations, the world-leading landscape architects responsible for the much-loved High Line in New York, the new square will be a space where musical and artistic communities come together to put on live performances for all ages. If approved, 600 sustainable and modern homes will be delivered in a green setting as part of the first phase of work – with a total of 3,000 homes planned for the whole site over the coming years, including affordable homes, all supported by modern community facilities. Smithfield Gardens will provide residents with access to nature on their doorstep and provide visitors with a new green space to unwind and keep fit. Meanwhile expanded cycling routes and improved eco-friendly transport options will be complemented by new and improved green walking routes, connecting the centre of Smithfield towards the Bullring, central Birmingham and Highgate Park. This will stitch the development into the fabric of the city, enhancing the existing offer while reinvigorating the centre of Birmingham. The scheme is a joint venture between Birmingham City Council and Lendlease, an international real estate and investment group with core expertise in shaping cities and creating strong and connected communities. And the plans submitted for approval have been shaped by local people from across Birmingham’s diverse communities; including local residents, businesses and community organisations, market traders, and a dedicated youth panel. Alongside masterplanners Prior+Partners and David Kohn Architects who are designing the new market, Lendlease’s design team includes a host of international and local architects and landscape architects, including dRMM, Intervention Architecture, Haworth Tompkins Architects, Minesh Patel Architects and RCKa with James Corner Field Operations designing the significant new public realm and landscape. Birmingham residents can view the proposals that have been submitted to the council at www.smithfieldbirmingham.co.uk Colin Murphy, Project Lead at Lendlease, said: “Throughout 2022 we’ve been part of a city-wide conversation with people who live and work in Birmingham, inviting comment on our plans from all corners of the city including those who are at the heart of today’s Bull Ring Markets. And the submission of our planning application is a pivotal moment for a £1.9bn development that will provide thousands of new jobs and homes. “This really is an exceptional opportunity to create and celebrate the next chapter in Birmingham’s transformation as an international city. Smithfield will provide the opportunity to create a destination market experience to rival Europe’s best; as well as an international office hub with access to outstanding transport links.” A decision on the planning submission is expected in early 2023. If approved, construction on site would begin later in the year. For further information on Smithfield, please visit www.smithfieldbirmingham.co.uk where you can sign up for updates on the proposals. Building, Design & Construction Magazine | The Choice of Industry Professionals

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KGX1, the £1bn Google HQ in Londons King’s Cross

Updated plans submitted by Google for its £1 billion “groundscraper” headquarter building in Kings Cross show that it will have 250 metres of shop fronts and a community events space. Lendlease is main contractor of the huge one million sq ft building. — designed by Thomas Heatherwick and Danish architects BIG — is now well advanced ahead of topping out later this year, with completion expected by 2024. However, there has been little detail surrounding what it will look like at ground floor level — until now. New detailed designs submitted this week with Camden council reveal a long parade of retail units “with a mix of established and growing brands” as well as a “market hall” for small businesses and “a community, education and event space that will host a changing programme of events all year round. This will be the first wholly-owned and designed Google building outside of the US and will comprise a staggering one million square feet of space spread out over an 11-story building. To put it into context, Google’s building will be longer than the Shard is tall. As well as office space for up to 4,000 Google employees to work, the area will also feature a pool, games area, gym, landscaped roof garden and a parade of retail space for shops and other businesses to occupy. The new building is being developed from the ground up and will contribute to the Knowledge Quarter and King’s Cross’s growing knowledge-based economy. The tech giant says that, when finished, the area ‘will be a resource not just for Googlers but Londoners, too.’

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Lendlease completes first UK green bond

Lendlease has raised £250 million through its debut pound sterling green bond – testament to ongoing investor demand for sustainable real estate development projects. The 12-year fixed rate bond pays a coupon of 3.5 per cent and will help the company continue to bring its $114 billion global pipeline of development projects to fruition. The issuance follows $800 million raised across two successful AUD green bonds in FY21 and reinforces Lendlease’s position as one of Australia’s largest non-bank ASX listed issuers of green, social and sustainability (GSS) bonds. In the past year, Lendlease also completed approximately $1.5 billion of sustainability linked loans denominated in AUD, USD and EUR. More than 50 per cent of Lendlease financing facilities are now linked to green, social and sustainability criteria to ensure the best outcomes against these three areas. Bond proceeds will be used to support the delivery of green buildings and earmarked to $1.8 billion of eligible assets, including across eight major urbanisation projects, such as the UK’s International Quarter London where the landmark Pavilion building has been constructed using sustainable glue laminated timber; and the Milano Innovation District in Italy, where 95 per cent of construction waste is being diverted from landfill. The delivery of these buildings will drive a range of market leading initiatives, with benefits ranging from the lowering of carbon emissions, to reducing the environmental impact of materials and the delivery of health and wellbeing benefits. This third green bond issue follows Lendlease’s launch of Mission Zero in May to promote its industry-leading sustainability targets: The environmental target sets a global benchmark for the real estate industry by becoming a 1.5ºC aligned company and targeting Net Zero Carbon for scope 1 and 2 emissions by 2025, and Absolute Zero Carbon for scope 1, 2 and 3 emissions, encompassing all operations and including the supply chain by 2040. The social target signposts Lendlease’s aspiration for delivering positive social benefits to communities through the creation of $250 million of measured social value over five years to 2025, via the shared value partnerships supported by the Lendlease Foundation, going above and beyond Lendlease’s project obligations. Quote attributable to Simon Dixon, Chief Financial Officer: “We believe that creating places where communities thrive goes hand in glove with delivering positive environmental and social outcomes while also creating value for our securityholders. “Despite continuing market volatility in the context of emerging COVID-19 variants the bond attracted solid interest from investors seeking to support sustainable opportunities.”

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Lendlease on the road to absolute zero carbon

Lendlease has announced plans to eliminate the use of diesel on its construction sites in Europe and ensure that all the electricity the company procures is from clean renewable sources.  The international property and investments group has set itself challenging environmental targets, including a commitment to becoming a 1.5°C aligned company and achieving Absolute Zero Carbon by 2040. Today (15 December) the company released its Roadmap to Absolute Zero Carbon, which sets out how the business will achieve those targets in Europe. Sustainability has always been at the heart of Lendlease’s approach to its business around the world. And as the company operates an end to end business model, which encompasses Development, Construction and Investments the company’s carbon commitments span the entire property lifecycle. The roadmap released today details some major interventions that Lendlease will make across its business in Europe. They include: Eliminating the use of diesel on Lendlease construction sites and trialling alternative technologies and fuels. Ensuring that all the electricity Lendlease procures is REGO-backed (Renewable Energy Guarantees of Origin certificates) from clean renewable sources (e.g. solar, tidal, wind, not energy from waste). Working in partnership with the Lendlease supply chain, from material extraction through to manufacturing and delivery, and delivering a sustainability focused supply chain conference. Developing a new generation of ‘green leases’ across the company’s commercial, retail and residential operations. Lendlease’s Chief Executive Officer in Europe, Neil Martin, said: “Setting targets is important, but it is how we deliver against those targets that really matters. In our roadmap to absolute zero we recognise that this is not going to be an easy task and that we don’t yet have all the answers, but it is vital that we take action and we are committed to doing so.” The United Nations has described climate change as the defining crisis of our time and no corner of the globe is immune from its devastating consequences. Rising temperatures lead to environmental degradation, natural disasters, weather extremes, food and water insecurity and economic conflict. The built environment is responsible for contributing approximately 40 per cent of global carbon emissions and Lendlease has recognised that, in order to minimise the impact of climate change on livelihoods and ecosystems around the world, global temperatures must be prevented from rising above 1.5°C compared to pre-industrial times. The company has already taken a number of steps to prioritise action to address climate change across its business. In 2019 Lendlease Europe signed the Better Buildings Partnership’s Climate Change Commitment. And this year Lendlease has already become one of the first companies to join SteelZero, a global initiative aimed at driving market demand for net-zero steel. Lendlease Europe also signed up to the World Green Building Council Net Zero Carbon Buildings Commitment, challenging businesses to reach  net zero carbon in operation for buildings under their control. The Chief Executive Officer of the Better Buildings Partnership, Sarah Ratcliffe, said: “ The global business of Lendlease has committed to make the business absolute zero carbon by 2040 and the establishment of a Group wide Decarbonisation Investment Group certainly provides an indication of how serious the business is about meeting that target. As one of the signatories to the BBP Climate Commitment, it is therefore fantastic to see this roadmap for Lendlease Europe detailing how they intend to deliver this across all areas of the business with short term targets that cover Scope 1, 2 and 3 emissions together with a clear action to address embodied, operational and whole life carbon.” Julie Hirigoyen, the Chief Executive Officer of the UK Green Building Council, said: “It’s really encouraging to see Lendlease set an absolute zero carbon target for 2040, and map out how it intends to achieve this stretching goal. Without all the solutions at our fingertips yet, we need the vision and determination of industry leaders to set the bar high and collaborate to deliver it. By publishing this roadmap Lendlease is doing just that.” The Lendlease Europe Roadmap to Absolute Zero Carbon is attached and can be downloaded here: https://www.lendlease.com/better-places/roadmap-to-absolute-zero-carbon/

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11,500 Homes Will Arrive at Thamesmead Waterfront

The Preferred Bidder to develop 11,500 homes at Thamesmead Waterfront in London is Lendlease. The firm was selected by housing charity Peabody and it is subject to contracts being finalised. Lendlease will work alongside Peabody in a corporate joint venture to masterplan and deliver the mammoth scheme over the next 30 years. The details of the new Joint Venture (JV) vehicle will be finalised by Summer 2019. “As one of London’s largest areas of opportunity to develop new housing and to support business and employment growth, Thamesmead can offer a fresh approach to living in London. Surrounded by water and outstanding wildlife, but within reach of the heart of the capital, we are excited at the opportunity to collaborate with Peabody, the local community and businesses, to bring new high-quality homes and workspaces to this exciting part of south-east London,” commented Dan Labbad, CEO at Lendlease, Europe. The 250-acre site is currently undeveloped and underpopulated, benefiting from 2.5 km of undeveloped river frontage, with an abundance of green space, open grassed and wooded areas, canals, two major lakes and an existing town centre. To transform the area, the scheme includes a new waterfront district of 11,500 new homes, focused around a proposed new DLR station in the heart of the development. Mayor of London, Sadiq Khan instructed TfL in 2017 to carry out detailed work on a DLR crossing connecting east and south-east London. “We are pleased to have selected Lendlease as a development partner for Thamesmead Waterfront. Our shared vision is to create thousands of new homes by the Thames and drive the local economy through new jobs and commercial spaces. With a new DLR river connection complementing the Elizabeth Line on the other side of town, Thamesmead would be more connected to the city than ever before. This would unlock enormous potential and could be a real game-changer for this part of London,” added Peabody Chief Executive Brendan Sarsfield.

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Lendlease and LCR Have Received Planning Approval

The fourth office building for one of Europe’s largest commercial developments has received planning approval. The development is being carried out as a joint project between Lendlease and LCR, both of whom are joint partners of International Quarter London. The building has been designed by Rogers Stirk Harbour + Partners, architects that are acclaimed around the world. The building is expected to create 280,000 sq. ft. of new workspace spread out over 10 storeys. The plans are a development on the work already being carried out in the International Quarter London. The Quarter will welcome Transport for London, the first commercial tenant of the new construction. Transport for London will move in to the new major office in September. The International Quarter London is a development that is being carried out by Lendlease and LCR. The Quarter has been developed in Stratford, and is at the heart of the largest urban regeneration in Europe. The project is expected to create four million sq. ft. of A Grade office space as well as 333 new homes and other community facilities all inside a 22-acre site. It is thought that the new development will become the new location for progressive business. It is thought that the site will attract a lot of attention because of the plentiful amount of green space as well as the connection to some of the most forward-thinking institutions in the world as well as excellent transport connections. The first two residential towers are expected to be finished for May 2017 and one million sq. ft. of the office space has already been pre-let. The International Quarter London will act as a gateway to Queen Elizabeth Olympic Park and will be able to aces a high standard of infrastructure such as transport links. It is thought that once completed the International Quarter will be occupied by more than 25,000 employees every day.

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Lendlease Has Introduced a New Property to its Portfolio

It has been announced that Lendlease has introduced a new property to its portfolio. The most sustainable residential developer in the UK has launched new innovative eco-concept. Futurehome is a project that is said to be a large step forward in the growth of the residential developer’s residential business. The new property also emphasizes the company’s focus and commitment to the area of sustainable urban development. Futurehome is a new concept that delivers an advanced and low energy design for homes that are expected to stand the test of time. Futurehome is a collection that will launch later this year. The collection forms part of Lendlease’s flagship zone one, a regeneration project in Elephant & Castle, Elephant Park. Within this project there are 15 properties which have a Victorian townhouse style, while also being within zone one of London and having the Passivhaus efficiency reading, the world leading energy efficiency rating. This energy standard was developed in Germany and is the most highly regarded accreditation in the world. Elephant park’s Futurehome is the first to receive the Passivhaus accreditation in zone one of London. The ability to integrate the standards required for Passivhaus in to time-honored design is an attempt to combine building methods that increase sustainability while remaining suitable for the urban living all within one single design. Futurehome does this because it is the product of over 60 years’ experience in sustainable development and also displays the next step towards providing leading sustainable regeneration projects for Lendlease. Being able to include advanced Passivhaus standards to their classic designs is a bonus for the sustainable redeveloper. The Elephant Park development is the only project in the C40 Cities Climate Positive Program. This makes the project one of the most sustainable projects with in the urban regeneration sector in the country.

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Lendlease Signs £103m Contract to Build Landmark Office Scheme

Lendlease has formally signed a £103 million contract to build a landmark office scheme at 245 Hammersmith Road in West London. Including basements, the new building will be 12 storeys tall and will replace Bechtel House, which was formerly the UK headquarters of the US construction giant. Architect Sheppard Robson has designed the 250,000 sq ft scheme for joint developers Mitsubishi Estate London and Legal & General, with a gross development value of £275 million. The projects has already secured planning permission from Hammersmith & Fulham Council with the demolition of the existing Bechtel House already underway, with construction set to be complete by the first quarter of 2019. The contract was valued at £75 million when Lendlease first lined the job up back in January last year. Managing Director of Lendlease’s Construction Business, Neil Martin, commented: “We are really pleased to be working again with Legal & General and Mitsubishi Estate London – both are longstanding clients of ours and the strong relationships between our companies add great value to the development. “Lendlease excels at just this kind of high-end scheme, with a high-specification design, mixed-use element, and a tight urban footprint.” Last month, Lendlease also won a £200 million contract to construct the luxury AYKON London One tower at Nine Elms. Developer DAMAC International is behind the 50 storey scheme which was designed in partnership with fashion house Versace Home. The scheme’s total development value is around £645 million, with Lendlease’s contract worth £200 million. AYKON London One will also offer an allocation of affordable housing, together with office, retail and amenity accommodation across two-interlinking towers. The four storey office block is situated above the affordable residential floors at the top of the south block. This forms a habitable sky bridge between the south building and north tower, which is topped by an extensive roof garden at level 24.

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