Nantes-headquartered Lhyfe has signed a land deal as it unveils plans for a hydrogen facility, working with Shepherd Offshore, at the former Neptune Bank power station.
The construction and regeneration group, busy on projects across the region, recorded income exceeding £4bn in 2023, while pre-tax profit rose almost 70% year-on-year.
An £11m, 96-strong affordable homes project has been completed on the site of a long-demolished working men’s club in the County Durham village.
The firm has been appointed by Evans Property Group as principal contractor for the region’s first Dakota hotel, on Newcastle’s Quayside.
Rider Levett Bucknall’s latest Construction Market Intelligence report shows projects starting on site increasing in the fourth quarter of 2023, improving the region’s outlook.
Plans have been unveiled for the £40m Digital Life building, with the contractor lined up for its fourth job within the university’s ongoing Middlesbrough campus masterplan.
The developer has triggered demolition at the former Farringdon Road police station, to be replaced by a £10m retail park, and started on site with a further retail project in Peterlee.
Developed around the concept of a village campus, Sycamore is a medium-secure facility at the heart of the £60m redevelopment of Northgate Park hospital.
Begbies Traynor’s latest Red Flag Alert report spells bad news for the construction industry, with the number of companies in critical financial distress growing by 32.6%.
The partners have been brought in to underpin delivery across the group’s operating areas in the North East, Essex and Suffolk.
Stay updated on the latest news and views in North East property
Keep updated on the latest news, deals, views and opportunities in North East property, in your inbox.
"*" indicates required fields