The Pegasus Report - Issue #140

In the North East, a Sunderland riverside office development has been given the green light for 2021 construction.

In the North West, Cristiano Ronaldo’s plan to build a £27m, 150-bed hotel overlooking Piccadilly Gardens in Manchester has got the green light. In Warrington, work has started on £18m Daresbury science and innovation campus. In Liverpool, proposals for pop up film studios near the Littlewoods Building are set to be approved as the council looks to take advantage of a post-pandemic filming boom.

In Yorkshire, work on the first phase of a £300m regeneration scheme in the heart of Leeds has begun. Also in Leeds, the rail industry and civic leaders are urging the government to accelerate the construction of The Institute for High-Speed Rail and System Integration, which is being developed by the University of Leeds on a site next to Leeds Enterprise Zone. Renovation work on a landmark Leeds City Centre office building office scheme has started after securing the £10m building contract.

In the South East, construction of a four-storey airspace development in Bermondsey has been approved which will see new flats on top of old. Property developer Concord London has appointed Kier to deliver its £106m Marylebone Square mixed-use scheme in the centre of the capital. In Wembley, the green light for a Barratt 450-home scheme has been given. In Uxbridge, Aecom has been appointed to work on the redevelopment of Hillingdon Hospital, one of 40 hospitals included in the government’s health infrastructure plan.

In Wales, a global consortium is said to be backing plans to create an artificial island in Swansea Bay that would offer housing and generate renewable energy, the ambition is to create a Dubai-style island. In southern Wales, building work has begun on the multi-million pound Neath Town Centre redevelopment scheme.

In the East Midlands, a construction, design, property development specialist has started work on three new schools, valued at £65 million.

In Infrastructure, Balfour Beatty has won a contract for ground investigation for phase 2a of the HS2 high speed rail project. In renewables, a historic financing deal has been signed off to build the world’s biggest offshore wind farm on Dogger Bank in the North Sea.

The Government has backed the development of new ‘space hubs’ across England, as well as funding to support projects in Wales, Scotland and Northern Ireland. Each area, dubbed a ‘space hub’, will use government funding to bring together local authorities, expertise and businesses to create a strategy for how their area can take maximum advantage of the commercial space race.

This week’s technology news.

This week’s green news.

This week’s global round-up.

This week’s first article looks at ‘respect’, it is often ranked as the most important leadership behavior - Do you feel respected in the workplace?

Have a great week.