Up to 300 new jobs are coming to Southampton as part of the next phase of the city's iconic Centenary Quay development following a deal which will see work start next month.
Contracts have been exchanged between Crest Nicholson and the Homes and Communities Agency (HCA) for the third phase of the £500m development, which will include a new Morrisons supermarket, 329 homes with further retail and restaurant space.
Partners have welcomed the agreements, which will unlock an estimated £61m in private sector investment in the local area and has also seen Morrisons agree to take a long lease on the supermarket to be constructed at the riverside development in Woolston.
Crest Nicholson has built the residential-led first phase of Centenary Quay and the construction of the second phase comprising apartments, a nursery and a new library is well underway. The recent deal with Morrisons confirms that the next phase of the development will follow closely behind.
The HCA has invested significantly in this phase of the project, including £2m via the National Affordable Homes Programme to deliver 72 affordable homes and a loan of £1.96m from Get Britain Building to support a further 56 homes on the site.
(CD)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
15/11/2024
A significant redevelopment is underway at Royal Naval Air Station (RNAS) Culdrose, Cornwall, following a contract award to Kier and Mott MacDonald. The Defence Infrastructure Organisation (DIO) and the Royal Navy marked the occasion with a contract-signing and ground-breaking ceremony, ...
15/11/2024
JV North, a consortium of housing associations and local authorities, has unveiled a new £500 million procurement framework aimed at delivering over 3,000 affordable homes between 2025 and 2029. The initiative marks a significant boost for social housing and the construction sector. The ...
15/11/2024
Sempra Homes has announced funding approval for a new affordable housing project at Bowers Close on London Road, Pitsea. The development will deliver 31 high-quality homes, offering a mix of rental and shared ownership properties designed to address local housing needs. The project has received ...
15/11/2024
Vistry Group has received planning permission for the first phase of its Wolborough Grange development, which will deliver 94 high-quality homes. This milestone marks the beginning of a transformative project that will provide sustainable housing and significant community benefits in Newton ...
15/11/2024
Salisbury Coach Park and the main footpaths through the Central Car Park have reopened following an extensive transformation by the Environment Agency as part of the River Park scheme. The upgraded facilities aim to provide a more welcoming and comfortable experience for coach passengers visiting ...
15/11/2024
Pennyfarthing Homes has unveiled an exceptional collection of one- and two-bedroom apartments at Oakwood Grove, a modern development offering affordable homes through the Government-backed First Homes scheme, now available via Dorset Council. Located in the scenic rural village of Alderholt, ...
15/11/2024
Morris & Spottiswood Group has acquired part of the collapsed ISG group, offering a vital lifeline to the employees and projects operating within its remit. Absorbing the former ISG Cathedral business, Morris & Spottiswood Group, which is a specialist provider of fitout, refurbishment, M&E, ...
15/11/2024
Morgan Sindall Construction has officially commenced work on Rosherville Church of England Academy, a new primary school designed to address the educational needs of Northfleet’s expanding community. To commemorate the start of the project, a time capsule was ceremonially lowered into the ground, ...
15/11/2024
Vistry Group has exchanged contracts to develop over 200 mixed-tenure homes at Waggons Way, Doncaster. The 16-acre site, formerly part of the Hatfield Colliery, will be transformed into a vibrant new community featuring up to 236 high-quality homes. The proposed development will include homes ...
15/11/2024
The University of Sunderland has officially relaunched its newly refurbished cinema. The venue on St. Peter's Campus was damaged beyond use due to Storm Arwen in 2021, but now a £1.3m investment means it is back in action once again. To mark the occasion, Sir David Bell, the University’s ...