August 28th 2018 Construction Industry News

A brief round-up of Construction Industry News from throughout the UK; provided in partnership with Construction News.

Chinese contractor to lead £1bn Bolton regen Chinese contractor Beijing Construction and Engineering Group International has won a deal to deliver a £1bn regeneration of Bolton’s town centre. BCEGI has now agreed a heads of terms deal to join the consortium behind the scheme and lead on its delivery. The £1bn transformation of Bolton will see 1,800 homes built and is expected to create 7,400 jobs on five key sites in the town. Read the full article on the Construction News website.

Mace replaces Skanska on £500m Cambridge pharma HQ AstraZeneca has replaced Skanska with Mace on its Cambridge HQ and pushed back completion of the project to 2020. The scheme was first unveiled in 2013 with an expectation that the £330m research centre and corporate HQ would be completed by 2016. However, since then the cost has increased to more than £500m and the programme has faced delays. Read the full article on the Construction News website.

Lendlease reveals £5.8bn HS2 Euston redevelopment value The redevelopment of the area around HS2’s Euston station could be worth nearly £6bn, the company behind the project’s masterplan has revealed. Lendlease, which won the master-developer contract in February, said it expected the overall Euston redevelopment covering the area around the station to be worth AUS$10.2bn (£5.8bn) when fully completed. Read the full article on the Construction News website.