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The Pegasus Report - Issue #134

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Welcome to this week's Pegasus Report. As you can see, it has been a packed week of news! Great to se
 
October 19 · Issue #134 · View online
The Pegasus Report
Welcome to this week’s Pegasus Report. As you can see, it has been a packed week of news! Great to see a lot of positive news for London; this is a marked improvement in previous weeks!


News Roundup
In the South East, a new photograph has been released of the £3.5bn ‘London Resort’ theme park set to open in Kent in 2024. In London, Netflix Inc. is moving into a new London headquarters that will triple the amount of its West End office space. In central London, Regent Street plans have been unveiled detailing plans to deliver a greener, cleaner, safer and more accessible West End. A £23m interiors contract for the University of Arts London fashion building at the Stratford Waterfront has been given the go-ahead. A masterplan has been developed for a mixed-use neighbourhood in southeast London, which will have workspaces, a riverside park and more than a thousand homes.
In the Midlands, the University of Birmingham is set to lead the delivery of a £210M world-class life science campus. In Nottingham, Faithful & Gould has been appointed as project manager on a £15m 120-home modular housing scheme.
In Scotland, a £20m project to make Cairngorm a year-round tourist attraction is set to go ahead by reinstating Scotland’s only funicular railway.
In the North West, the Atelier, part of English Cities Fund’s £1bn Salford Central masterplan, has reached its highest point of construction and completion is targeted for next October. In the heart of Manchester plans have been unveiled to redevelop the former House of Fraser shopping centre buildings with an office-led scheme. A project and cost manager have been appointed on a new £55 million programme of infrastructure and engineering upgrades to Wrexham Maelor Hospital. In Chorley, a contract to build an £11.5m ophthalmology and daycare clinic at Chorley & South Ribble Hospital has been given the go-ahead.
In the South West, Wates have won a deal to deliver the next two phases of its 10-year Cardiff Living partnership with Cardiff Council, delivering 1,500 new homes by 2027.
In the North East, Sunderland City Council have unveiled an ambitious masterplan to regenerate the city centre with a new housing and business quarter.
In Yorkshire, early procurment plans suggest that two new hospital buildings in Leeds costing £500m and labelled 'Hospital of the future’ should be delivered using offsite construction. In Sheffield, an upmarket new hotel in the city centre will have a ‘high-end’ rooftop restaurant and bar set to create ‘a new social dynamic’ in the city centre.
In Infrastructure,  £17m is to be invested into a major rail upgrade to freight services in Southampton. Thames Water has agreed the final, and biggest, framework for design and build construction partners for its AMP7 programme. Three European construction companies have been shortlisted for a £683m waste power plant in north London. FM Conway, Ringway and a Kier/Tarmac joint venture have secured spots to deliver Transport for London’s £1.4bn highways maintenance programme for up to 12 years. In Cheshire, the Government will provide up £700,000 to help deliver a low-carbon smart energy system at Ellesmere Port, touted as a blueprint for creating cheaper, cleaner energy for power, heating and transport across the UK.
In other news, the government is to expand four prisons in a £200m programme taking place over the next three years, as part of a £2.5bn commitment to create 10,000 modern prison places.
Industry Insights
Cities: The Importance of Chance Encounters
'Liveable streets': how cities are prioritising people over parking
2020 Art of Building photography competition launches
Smaller developments boosted by raised ‘affordable homes’ threshold -
"Is Covid-19 going to change our cities? No," says Norman Foster
Air purifying paint kills strain of coronavirus
Construction was modern slavery hotspot during lockdown
Ridge takes over SHD
HS2 costs rise £800m just weeks after construction starts
Are planning changes eliminating local scrutiny by the back door?
A vision of post-COVID construction: modern, modular and more collaborative
Housebuilder Barratt's sales rise on back of stamp duty holiday
Revenue presses ahead with controversial IR35 changes
Pegasus Radio
Two meet the boss episodes in one week!
This meet the boss episode is a special one for me; Simon Light was one of the first ten placements that I made when I started my career recruiting in the Construction Consultancy market, and he has arguably gone on to be one of my my most successful hires of all time in terms of his achievements! In this episode you will learn about how Simon’s hunger for challenge and adventure so him move from Edinburgh to Leeds to Dubai in the space of 18 months. How he grew EC Harris’s Dubai operation from 10 to over 600 people in six years. His lessons of what makes a successful merger / acquisition within consultancy (he has truly been there and got the t-shirt!). His thoughts on the exponential change in technology that is going to effect the construction industry. Why after 18 years, mostly as a Partner, at EC Harris and then Arcadis, did he leave to join GHD. Lastly some of his core career lessons that people should embrace. This is a great episode packed full on insights; a must listen for young professionals to show you what is capable, but also for anyone in a business undergoing rapid growth and change.
In this episode, I speak with Chris Blackburn; MD of Blackburn & Co; a niche PM consultancy exclusively focused in the London Office market; both new build and fit out. The business has been going 11 years and has a current headcount of 20.
This is a great chat where amongst other things, we discuss why Chris feels this is the right size business, the need to look after people’s mental health, the need for people to be in the office and the future of construction.
It is a great listen that you will hopefully get a lot from.

Technology News
This week’s technology news.
City of London creates virtual reality map to aid office development
Podcast: 3D printing gains steam amid COVID-19 - Business
Construction firms must embrace digital data for continued Covid recovery
Leading construction lawyer Bill Barton calls for virtual trials to stay
Mace's Shaun Tate on modern construction methods
BIM uptake stalling, former construction tsar warns
Apple iPhone 12: The chip advance set to make smartphones smarter
JPES Partners launches new proptech model
Green Issues
This week’s green news.
Kier targets ‘net zero’ by 2045
Letters: blame construction, not cars, for London’s poor air
Smart Sustainable Solutions
Richard Hutten melts down airport's old chairs for "radical" new seating system
EU’s renovation wave to drive sustainability
SOM designs a low-carbon waterfront community for China’s “most livable city”
Creating fuel from thin air with artificial leaves
Manmade concrete brick aims to save marine life
Aggregate Industries launches new improved SuperLow - the industry’s first carbon neutral asphalt
International Stories
This week’s global round-up.
Virgin Hyperloop to build test track in west Virginia
The Canada Infrastructure Bank announces a plan to create jobs and grow the economy
Masdar to develop Abu Dhabi’s largest solar photovoltaic rooftop at Warner Bros World
OODA reveals football museum and HQ for Liga Portugal
NYC construction spending expected to bounce back
Crane watch: 7 mega-billion mixed-use projects
Serbia to get third Chinese-built motorway
World’s largest fountain to open in Dubai
Career Items
In this week’s first article nine of the UK’s biggest bosses tell us what would persuade them to hire someone.
How to get a job: Top bosses share their secrets
How to win at video conferencing
Feeling good inside: How can interior design promote wellbeing?
4 ways to build trust with employees (especially when you can’t see them)
Can’t deal with uncertainty any longer? Science has 3 coping strategies to try right now
Are you a chronic apologizer? Why saying ‘I’m sorry’ too much sets you back
‘Whether or not your employees are talking about it, they’re struggling’
When Life Gets Busy, Focus on a Few Key Habits
Majority of UK businesses to scrap working from home post-pandemic
Microsoft boss warns against rapid transition to working from home
If You Think Downsizing Might Save Your Company, Think Again
All for One! Caring for mental health in construction must continue post-pandemic
Accenture Research Shows Employees Care About Much More Than Money
Don’t Let Perfection Be the Enemy of Productivity
How Compassion Can Benefit Your Business
The postpandemic workforce: Responses to a McKinsey global survey of 800 executives
Until next week...
Have a great week!
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