Construction News
10/01/2022
Crest Nicholson Acquires Over 2,200 Plots
Housebuilder Crest Nicholson has acquired over 2,200 plots, with a Gross Development Value in excess of £725 million.
The five successful acquisitions are all in strong locations across the Group's operating geographies and underpin the company’s growth strategy to deliver annually over 3,000 new home completions by 2024.
The acquisitions include sites in Northwest Bicester (Oxfordshire), Daventry (Northamptonshire), Perrybrook in Brockworth (Gloucestershire), Harry Stoke (Bristol) and Ringwood (Hampshire). The proposed developments will incorporate Crest Nicholson’s new house type range, providing a mix of units suiting a range of purchasers, from one bed apartments, through to five-bedroom houses across private sale, affordable and private rent, and shared ownership.
As part of Crest Nicholson's long-standing commitment to build future-proof, thriving communities, placemaking will form an important aspect of the planned sites, with a particular emphasis in creating public open spaces, infrastructure, schools, community buildings, retail units and amenities. The new acquisition in Northwest Bicester will also be a net zero development, incorporating a combination of sustainable measures including enhanced building insulation, air source heat pumps, solar panels on roofs and electric vehicle charging points.
Tom Nicholson, Chief Operating Officer at Crest Nicholson, commented: "With a volume of over 2,200 units, these are significant acquisitions in areas that have been identified by our land teams as key growth towns. Collectively these form part of our ambitious strategy to continue to deliver growth on both our operating margin and volumes, securing high quality land and expanding our already strong portfolio of sites across these regions."
The five successful acquisitions are all in strong locations across the Group's operating geographies and underpin the company’s growth strategy to deliver annually over 3,000 new home completions by 2024.
The acquisitions include sites in Northwest Bicester (Oxfordshire), Daventry (Northamptonshire), Perrybrook in Brockworth (Gloucestershire), Harry Stoke (Bristol) and Ringwood (Hampshire). The proposed developments will incorporate Crest Nicholson’s new house type range, providing a mix of units suiting a range of purchasers, from one bed apartments, through to five-bedroom houses across private sale, affordable and private rent, and shared ownership.
As part of Crest Nicholson's long-standing commitment to build future-proof, thriving communities, placemaking will form an important aspect of the planned sites, with a particular emphasis in creating public open spaces, infrastructure, schools, community buildings, retail units and amenities. The new acquisition in Northwest Bicester will also be a net zero development, incorporating a combination of sustainable measures including enhanced building insulation, air source heat pumps, solar panels on roofs and electric vehicle charging points.
Tom Nicholson, Chief Operating Officer at Crest Nicholson, commented: "With a volume of over 2,200 units, these are significant acquisitions in areas that have been identified by our land teams as key growth towns. Collectively these form part of our ambitious strategy to continue to deliver growth on both our operating margin and volumes, securing high quality land and expanding our already strong portfolio of sites across these regions."
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF).
The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i