News in Brief: January 2021
Ambitious plans to deliver a high-level pedestrian and cycle bridge across the River Wear in Sunderland are expected to get the go-ahead. Featuring creative lighting and augmented reality, the crossing will allow people to use their smartphone to see virtual displays that council bosses said will create an experiential bridge that will really bring to life the city’s digital ambitions.
Construction work has been given the go-ahead for York Central after City of York Council’s planning committee approved infrastructure works backed by £77M of government funding. The development will include 2,500 new homes; up to 111,000m2 of commercial development and improved visitor access to the National Railway Museum.
A 2,500m² life sciences innovation centre, to be built as a joint project between Highlands and Islands Enterprise (HIE) and the University of the Highlands and Islands, has been given the go-ahead. Designed by multi-disciplinary design firm Austin-Smith:Lord, the centre will form part of a wider project with NHS Highland, which is developing an elective care facility on Inverness Campus.
The £40M BioHub project to double the size of north east Scotland’s life sciences company cluster will move into its main construction phase in the coming months. The new-build, 6,400m2 BioHub on the Foresterhill Health Campus will provide specialist support programmes and dedicated laboratory, collaboration and office accommodation for established and growing life sciences businesses.
Severfield’s revenue has increased by 40% to £186M and its underlying profit before tax is up by 3% to £8.2M, for the six-month period ending 30th September 2020. Severfield said despite the headwinds of COVID-19, the Group has performed strongly in the period, and this is reflected in an increased UK and Europe order book as well as increased revenues and good cash generation.