Contractor scoops £26m Peel port works

Vertical Recruitment and Place North West have teamed up for the fourth Vertical Salary Review of North West property and construction professionals.

Towns such as Bolton, Cheadle, Preston and Southport were awarded a share of £186m from the Government’s £3.6bn Towns Fund, but the Budget stopped short of allocating significant new money for North West projects. 

ITS Technology Group is rolling out its gigabit-capacity full-fibre broadband to businesses in Preston in the coming weeks and will connect up the villages and towns between Preston and Blackpool.

Partners from professional services firm EY have been appointed as administrators to the 280,000 sq ft shopping centre owned by private equity firm InfraRed Capital Partners and others.

The council is to enter into a joint venture with the development arm of Eric Wright Group, that would see the acquisition and redevelopment of a key site within Blackburn’s town centre regeneration framework.

The fund manager sold the 80,000 sq ft New Hall Hey Retail Park off Swanney Lodge Road in Rawtenstall to local investor LSC Property Holdings for an undisclosed sum.

Wyre Council has agreed to use Government funding to acquire commercial units earmarked for redevelopment as part of the mixed-use transformation of Fleetwood Docks.

The Lancashire Enterprise Partnership has committed £1.2m to help cover costs as a planning application is progressed for the Morecambe attraction.

The estimated cost of delivering the Eden North attraction in Morecambe is around £125m, up from an initial £85m, according to the developer's funding request submitted to Whitehall this month.