GlobalData Construction Industry Update

WOBO thanks GlobalData for indicative developments taking place.

Construction

UK announces £2bn investment for affordable housing

The move forms part of the Labour government’s wider Plan for Change

Lumber secures $15.5m via Series A funding round

The company has launched eight new products in collaboration with speciality contractors and construction partners.

United Airlines begins construction on $177m GSE facility in Texas

The facility is aiming for an LEED Silver certification for its energy efficiency.

UK grants planning permission for Lower Thames Crossing project

Construction is set to start in 2026, with completion expected in the early 2030s.

Philippines’ DPWH completes road-widening project in Ilog, Negros Occidental

The project is expected to ease traffic flow and benefit local farmers and small business owners.

University of Manchester’s campus redevelopment progresses with RMPA submission

The redevelopment plans include the creation of 3,300 modern student bed spaces, amenity space, and more.

Tri Pointe to build new townhome community in Cary, North Carolina

The homes at The Townes at Willow Park will range from approximately 2,000ft² to 2,500ft².

New Goulburn Police Station construction starts in NSW, Australia

The facility will replace the region’s current 115-year-old police station.

Newcastle’s new urgent treatment facility secures planning consent

The purpose-built facility will enhance capacity and resources for treating conditions that are minor but urgent.

McLaren Construction completes development of cold storage facility for Magnavale

The facility is claimed to be the largest of its kind in the UK.

Wihlborgs seals construction and leasing deal with Malmö University, Sweden

The basic annual rent for the new Amphitrite building is set at approximately Skr69m.

Peab secures combined heat and power plant build contract in Örtofta, Sweden

The new plant is designed to complement and replace some of the site’s older production units

Philippines’ DPWH completes two road-widening projects in Camarines Sur

The projects extended the affected roads from two lanes to four and spanned 1.61km.

Affordable housing project for veterans begins in Sonoma, California

The three-storey building will comprise 33 homes of varying floor plans.

National Highways carries out M67 bridge beams installation

The motorway’s current St Anne’s Road bridge is being replaced due to long-term safety concerns.

UK’s Sefton Council appoints GRAHAM as contractor for Marine Lake Events Centre

A preconstruction services agreement between GRAHAM and the council is now in effect.

Theory Ithaca residential construction begins near Cornell University in New York

The development is set to feature 371 units comprising 518 beds upon its completion.

Morgan Sindall begins work on new Radcliffe school in Greater Manchester

The new school will offer extra assembly space, science labs, classrooms, and more.

Peab and Södra partner for ECO hybrid frame construction solution

The collaboration revolves around a shared vision of sustainability and material neutrality.

VINCI named contractor for Prestwich’s Longfield Centre overhaul

The regeneration plans aim to revitalise Prestwich Village with new shops, community facilities, public green spaces, and more.

Homes England agrees to buy Broad Marsh site from Nottingham City Council

The site’s redevelopment will provide approximately 1,000 homes and 20,000m² of mixed-use space.

Western Australia’s Thornlie-Cockburn Link opening set for June

The link’s construction utilised 85,000 sleepers and 180,000t of gravel.

Skanska awarded new construction projects in US and Finland

Both projects – a bridge replacement and water treatment plant construction – will start construction in Q2 2025.

Stadtforum Dresden administrative centre attains completion in Germany

The project was carried out by a consortium comprising ED. ZÜBLIN and Dreßler Bau.

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