Manchester Placefirst targets £110m revenue

Aaron Morby 1 month ago
Share

The construction arm of Manchester developer Placefirst is on a big expansion drive after a trio of senior appointments.

Frank Mondino, Johnson Mulk and Pete Adams will steer expansion plan

Former Keepmoat area director Frank Mondino has joined as managing director of Placefirst Construction with the ambitious target of lifting turnover from £28m this year to £110m by 2022.

The developer, which started out refurbishing derelict terraced properties in small northern towns, now benefits from a strong national pipeline of development sites that will enable it to build 4,000 homes for market rent by 2022.

At Keepmoat, Mondino managed a development portfolio worth almost £100m and a 1200-strong workforce, including subcontractors.

During 22 years at Keepmoat Regeneration and its predecessor Bramall Construction, he worked across several sectors including residential and commercial.

He will be joined at Placefirst Construction by commercial director Pete Adams, former commercial manager at Wates who worked on schemes such as £60m student accommodation at Circle Square, Manchester for Select Property Group and an £82m project to deliver 1,500 homes and apartments.

Prior to his time at Wates, Adams held the same post at Galliford Try Partnerships.

Completing the three senior hire is Johnson Mulk, formerly technical manager at Prospect (GB), where he was solely responsible for the technical performance of the business and specialised in key areas of expertise including, planning, surveying, civil infrastructure, structural engineering and the delivery of feasibility reports on brownfield and greenfield sites.

Mondino will head a team of 21 specialists in the construction division of Placefirst, forming a key element of a total workforce of 44.

Placefirst is delivering around 500 residential units annually within a mix of tenures including rented and open market sale, across the North West of England for both private and social landlords.

The firm’s secured pipeline of housing developments sites include Bolton, County Durham, Sheffield, Morecambe and Wolverhampton.

David Smith-Milne, managing director and founder of Placefirst, said: “The essential and additional skills and invaluable experience of Frank, Johnson and Pete will help our excellent construction team to realise our ambition of doubling our housing output in just two years thanks to a strong and growing pipeline of projects in the private rented sector of the North and Midlands.”

Latest news

Carillion bosses could be landed with pension bill

Pension regulator could go after Carillion’s former directors “for everything they’ve got”
16 mins ago

Lovell wins first homes in Liverpool’s 10,000 new-build plan

Liverpool council-owned Foundations awards £14m first housing scheme
5 hours ago

£1.4bn Brent Cross extension hit by delay

Work start delayed until January 2019
7 hours ago

Runaway rail maintenance vehicle at Bradford station

Machine operator and controller run after runaway vehicle to warn others
8 hours ago

Inland Homes to start Bournemouth hotel and flats scheme

Demolition of Wessex Hotel underway for new three-block West Cliff scheme
8 hours ago

Pressure mounts on Government to protect subcontractors

Post Carillion call grows for less procurement power in the hands of giant contractors
7 hours ago

Contest for radical rethink of rail footbridge design

Network Rail challenges engineers and architects to design the next generation of structures
3 days ago

Housing association L&Q picks groundworks partners

Four firms selected to deliver groundworks in Home Counties area
7 hours ago

Electrician slashes wrist with chop saw

HSE urges contractors to maintain equipment after faulty guard blamed for injury
8 hours ago

Boost your online presence – join the new Enquirer Directory

New site for suppliers and buyers will showcase their products, services and latest stories
2 months ago

Bristol Arena builder confirms project will be on budget

Crunch meeting to decide fate of stalled Arena project in two weeks
3 days ago

Galliford Try snaps up sites as Bouygues exits low rise housing

Partnerships arm will deliver more than 200 council and private sale homes in Wolverhampton
3 days ago

Mobile app means contractors can match paint in seconds

London contractor Lucas launches device to revolutionise trade decorating industry
3 days ago

Murphy makes switch to cleaner fuel on HS2 site

Contractor becomes first firm to switch to greener alternative to diesel
3 days ago

Brighton Uni starts £20m academic building bid race

Six-floor building will be located next to the Preston barracks redevelopment site
3 days ago

Speller Metcalfe wants to meet new subcontractors

Contractor keen to talk to new suppliers across Cardiff: Register now
3 days ago

Contractor fined over unsafe fleet of cherry pickers

HSE investigation finds lack of maintenance regime
4 days ago

Gary Neville £200m Manchester tower gets the final nod

39-storey Deansgate skyscraper complex will be home to a 5-star hotel, luxury flats and offices
4 days ago

Thames Tideway TBMs placed for big drive

Tunnelling to start later this year on 12km central section - picture special
4 days ago

Network Rail bans retentions to support supply chain

CP6 overhaul sees switch to project bank accounts with Tier 1 firms told to pay in 28 days
5 days ago

ISG clinches £34m Twickenham campus scheme

Firm to deliver 160,000 sq ft teaching block for Richmond upon Thames College
4 days ago

HB Reavis raids Argent for major Waterloo scheme boss

Joe Martin joins as UK construction director for 1m sq ft Elizabeth House job
5 days ago

Scotland to require sprinklers in all new social housing

Sprinklers to be compulsory in all social housing of over 10 people
5 days ago

Perfect Circle wins £300m Bristol Uni campus

AECOM, Gleeds and Pick Everard JV signed up for Temple Quarter Enterprise Campus
5 days ago

Single alliance plan for all smart motorways work

Highways England floats radical alliancing plan using three main contractors
5 days ago

Berkeley Group warns profits to drop 30% next year

London house builder's profit hits high water mark of £935m
5 days ago

£400m north west small projects framework launched

Procure North West (Lite) framework to cover projects up to £1m and M&E work
5 days ago

More than half of construction workers in London from EU

Brexit alarm over Capital's reliance on foreign labour
5 days ago

Severfield margins restored to 8% target

Steelwork contractor's profit rises by nearly 20% to £23.5m
5 days ago

Galliford Try bags £45m Leeds Beckett sports research hub

Demolition to start next month at the Headingley campus
6 days ago

Contractor services