News in Brief: July/August 2023
Severfield has reported an underlying profit before tax of £32.5M for the year ending 25 March 2023, up 20 per cent from £27.1M in the previous 12 months, while revenue also increased to £491.8M from £403.6M. The company’s UK and Europe order book stood at £510M on 1 June 2023, compared to £464M on 1 November 2022, and includes new industrial and distribution, film studio, commercial offices and nuclear orders.
Cardiff Council has put forward plans for a multi-million-pound renovation of its historic Central Market. The Council said the scheme would protect, preserve and future-proof the Grade II* Listed building, restoring original design features, and introducing a new ground floor seated area for food.
Kier Construction has been appointed to deliver the new Carew Academy, a special educational needs and disability school for pupils in the London Borough of Sutton. The project is funded by the Department for Education and the new school will be managed by Orchard Hill College and Academy Trust. It will replace the current academy and will extend the provision for additional and complex learning by offering 246 places for children and young people.
Glencar has been confirmed as main contractor for a 17,700m2 speculative warehouse at Rula Developments’ Fulwood Park in Nottingham. The development will comprise a state-of-the-art distribution centre and offices, complete with car park, 50m-wide service yard, site access and associated external services. Construction of the BREEAM ‘Excellent’ rated facility is expected to take 46 weeks with the development expected to be available for occupation by the start of April 2024.
Gateshead Council has approved plans for a nine-storey hotel to be built by main contractor Russell WBHO during a two-year build programme. Designed by AHR Architects the hotel will feature restaurants, bars and business meeting rooms as well.