BorntoEngineer’s Post

Lendlease's £1.9bn Smithfield Birmingham scheme has been approved, with initial work set to commence later this year. The project will transform the area, creating a vibrant mixed-use development. In other news, an acquisitive employee-owned building contractor has seen sales jump 38% to £139m, with plans to buy another 200 businesses by 2030. The firm is also offering enhanced leave benefits to its workers. A major work package on a transport upgrade is being overseen by the Griffiths Farrans JV, while tunnels under High Holborn in London are set to become a cultural exhibition space. Clarion housing association is set to receive 483 new flats, and a deal has been sealed on the Paisley Grammar School project in Renfrewshire. However, the industry has also faced challenges, with more than 500 suppliers and subcontractors left holding unpaid bills following a company collapse. Heavy rain and strong winds have also been blamed for a sharp fall in construction activity in April. Despite this, many firms are reporting strong performance, with one group seeing its operating margin jump from 3% to 5% in a record year.  

Lendlease’s £1.9bn Smithfield Birmingham scheme approved

Lendlease’s £1.9bn Smithfield Birmingham scheme approved

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