Harbur aims for £40m turnover
Manchester-based Harbur Construction is on track to hit record turnover this year after securing £68m of housing contracts, a record pipeline for the firm.
Harbur Construction, formed in 2008 and based on Longstone Road close to Manchester Airport, will deliver 10 new schemes and over 800 new homes in the next year at sites across the North West and Yorkshire.
The 10 projects are:
- 150-unit apartment scheme for Absolute Living Developments, Manchester: £11.8m contract
- 114-unit residential scheme for Mulbury Homes, Leigh: £9m
- 134-unit social housing scheme for Mulbury Homes, Rochdale: £9m
- 101-unit affordable housing scheme for Mulbury Homes, Liverpool: £9m
- Student accommodation scheme for Alpha Homes, Preston: £7m
- 59-unit residential development for Airevale Homes, Leeds: £6.6m
- 70-bed extra care facility for Mulbury Homes, Preston: £6.4m
- 68-unit affordable housing scheme for Mulbury Homes, Preston: £5.4m
- 39-unit residential development for Airevale Homes, Padiham: £3.8m
- 19-unit residential development for One Vision Housing on behalf of TAC Developments, Southport: £2m
Richard Hutchinson, managing director of Harbur Construction, said: “The construction sector has gained momentum over the past three years. Many developers slowed down plans pending the outcome of the May General Election. Since then, it’s fair to say the market has really taken off with new instructions and opportunities coming from all sectors – affordable, extra care and open market.”
In 2014, Harbur recorded a turnover of £24m after landing a series of new projects and a further 18 staff have been appointed since the start of 2015. One of its schemes is an £8.1m extra care housing development for Knowsley Housing Trust on behalf of Iliad Group at the site of the former Lancashire Watch Company in Prescot.
Hutchinson added: “Harbur was formed in the midst of the recession so we started with a lean business but created a model that could expand quickly once the market recovered. Like with any growing business, ensuring we attract good people is important. Everything we do is built on quality.
“We’re actively recruiting and looking to take on 10 new people by the end of the year and targeting a turnover of £40m. It’s an exciting time for us.”
Christian Bury, founder and chairman of Harbur Construction, is the son of Martin Bury, co-founder and director of Mulbury Homes.
