Vermont lined up to develop £100m Aura
The developer-contractor is in talks to take over development of the stalled 1,000-bedroom student accommodation scheme on the edge of Liverpool’s Knowledge Quarter from Elliot Group.
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Manchester can support two arenas, says developer
Oak View Group, the US-based company developing what would be the UK’s largest indoor arena, in Eastlands, said that demand exists for Manchester to support two 20,000-capacity venues.
LTE Group secures £140m campus funding
Developer LTE Group has secured finance on behalf of The Manchester College and UCEN Manchester for the redevelopment of the college's Great Ducie Street campus on the former Boddington’s site, and the Openshaw Campus regeneration.
Salford approves viability payment to English Cities Fund
A request from English Cities Fund, a joint venture between Muse, Legal & General and Homes England, for a £4.7m viability payment to support the construction of its 23-storey Stanley Street residential project has been approved by the council.
Green Rooms tower opens to tenants
Peel L&P’s £55m The Green Rooms, billed as MediaCityUK’s first built-to-rent development, has opened its doors to residents after two years of construction.
Bam to be appointed to controversial Eastlands arena
The company is understood to be the frontrunner to win a £150m construction contract on the £300m scheme, which is being brought forward by American entertainment developer Oak View Group.
Taylor Wimpey prepares to start on Ashton homes
The housebuilder said construction will start in the coming months for 195 homes on the site of the former Hartshead High School in Ashton-under-Lyne, after gaining approval at Tameside planning committee.
Morgan Sindall turnover tops £3bn
Morgan Sindall Group posted a 3% increase in turnover, to £3.1bn, and 10% rise in pre-tax profits, to £88.6m, in the 12 months to the end of December 2019, driven by strong returns from its fit-out and construction arms.
Work stops on Elliot’s £70m Salford tower
Construction of Elliot Group's 34-storey The Residence in Salford has halted, while the developer writes to investors asking them to bring forward payments and waits for institutional funds to "re-engage", pending the result of an ongoing fraud investigation.
English Cities Fund requests £5m viability payment
The joint venture between Muse Developments, Legal & General and Homes England have asked Salford City Council for money to support the 23-storey Stanley Street residential project ahead of a scheduled start on site in March.
