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Wakemans takes trio of strategic sites to next stage

wantspacegotspace.co.uk - Wakemans takes trio of strategic sites to next stageThe Chancellor has downgraded predictions for economic growth in 2013 but the continued support for investment in infrastructure and more funding for the proposed business bank may signal a continued revival in the fortunes of the construction industry according to Dean Watson, director at national property and construction consultancy Wakemans.

“We are already experiencing uplift in enquiries and have a number of developments moving forward which represents the mood of improved confidence that we are experiencing,” says Dean.

“In particular we have three strategic sites that are progressing to a second phase which will     allow for almost 500 new homes to be developed.”

Wakemans is acting as employer’s agent and cost consultant on three sites on behalf of St. Modwen, the UK’s leading regeneration specialist. They include the former Goodyear factory site in Wolverhampton, the Long Marston Estate in Warwickshire and an 80 acre site in Rugby.

At Goodyear a first phase has been completed that included demolition, the construction of a new spine road, an 18,000 sq. ft. supermarket for budget chain Aldi and 100 new homes.  The next stage of the regeneration of the 88 acre site will be completed in partnership with Persimmon and deliver a further 214 homes.

An enabling contract has just begun at the Long Marston Estate in Warwickshire to enable the development of 284 new homes.  This former MOD site provides office, industrial and distribution space and is subject to a long term master plan to develop it into a sustainable mixed use development.

Remediation work has also commenced at the 82 acre brownfield site in Rugby formerly occupied by Alstom.  A £35 million facility for Warwickshire College has already been completed on this site and 20 acres is now being prepared for residential development expected to provide 250 houses together with a public house.

Posted by The Editor (wantspacegotspace) on 8th February 2013

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