St Modwen to develop £400m Cheltenham ‘cyber city’

Grant Prior 8 months ago
Share

St. Modwen has been chosen by the Midlands Land Portfolio Limited (MLPL) property development arm of Severn Trent as its partner for a 154-acre site near Cheltenham.

The £400m Golden Valley Development site is adjacent to the Government Communications Headquarters (GCHQ) and the National Cyber Security Centre.

The new scheme includes delivery of 3,000 new homes and a mixed-use Cyber Central Cluster bringing together leading cyber businesses and innovators alongside academic facilities dedicated to cyber and technologies.

A planning application for the development could be brought forward as early as 2021

Guy Gusterson, Managing Director of Strategic Land & Regeneration at St. Modwen, said: “The West Cheltenham development presents a unique opportunity to shape and deliver a new community next to a globally recognised hub for cyber security.

“The development team and I are excited to work in partnership with MLPL on this regionally significant development which will deliver much-needed housing as well as jobs.

“We will work with local stakeholders to deliver a diverse new community where new homes will sit amongst green shared spaces as we deliver a vibrant, sustainable and richly deserving scheme.

“Our unique approach and ability to deliver new developments with a focus on placemaking will again be demonstrated at West Cheltenham.”

Latest news

50 firms win £3.6bn National Highways renewals deal

Morgan Sindall, Eurovia and Osborne win super regions civils
2 days ago

McLaren wins new Aston Martin F1 factory race

£200m development near Silverstone will take 18 months to complete
1 day ago

Kent Council seeks four partners for £500m pipeline

Council drops 17-supplier framework to partner with just four contractors
1 day ago

Robertson set to seal £150m Cardiff Arena deal

Cabinet to sign off contractor and business case for construction start next spring
1 day ago

VolkerFitzpatrick wins £82m Hull turbine blades factory

Deal to upgrade and build two more factories follows on from job five years ago
1 day ago

Lorne Stewart battles to return to profit

Harrow-based M&E group begins to curb losses
1 day ago

Henry Construction to build £32m Ealing resi scheme

Financing deal paves way for start on 14-storey scheme
2 days ago

Kier returns to profit after two-year turnaround

Contractor makes £5.6m after £225.3m loss last time
2 days ago

Galliford Try returns to profit with margin at 2%

Order book swells to £3.3bn with 90% of work in place for 2022
2 days ago

Fire hits £120m Tolent Milburngate site

Blaze breaks out behind cavity wall as site evacuated
2 days ago

Roof tile maker Marley to float on stock market

Private equity firm unveils plan to take Britain's largest roof tile maker public
2 days ago

Plans in for Lancashire 1,700 inmate prison

Seven houseblock HMP Wymott 2 planned near Leyland
2 days ago

Michael Gove named new housing secretary

Gove replaces Robert Jenrick in Cabinet reshuffle
3 days ago

Redrow happy for staff to keep working from home

House builder says staff can work "where they are most efficient"
3 days ago

Cleveland Bridge UK collapsed owing over £21m

Estimation error on £11m job, Covid costs and an overseas coup left firm needing £12m to trade
3 days ago

Construction job vacancies soar to record high

Unfilled jobs soar to 37,000, equating to 2.4 vacancies for every 100 jobs
3 days ago

BAM Nuttall chief to exit after 16 months in role

Major projects chief Ian Parish to step up as interim MD
4 days ago

Subbies and suppliers owed £18.7m by WRW

Administrators reveal scale of debts at failed Welsh contractor
3 days ago

Crane company boss killed by falling load

Crane company owner crushed during delivery
4 days ago

Aberla lands £20m package at Viadux in Manchester

M&E specialist to start latest scheme with Domis Construction next month
4 days ago

Former Dunne concrete boss charged

Gordon Dunne and his wife Johanna facing charges of financial irregularities
4 days ago

RED hires Midas director for south west expansion

London contractor sets up Bristol office with Derek Quinn at the helm
4 days ago

Weston launches light-gauge steel panel housing system

New British Offsite business has capacity to delivery 4,000 homes a year
4 days ago

Balfour builds UK’s first T-pylons for Hinkley

First newly designed pylon in nearly 100 years erected in £900m hook-up project
4 days ago

Jetpack launched for hard-to-reach construction sites

Star Wars technology hopes to see site professionals flying off to make building inspections
5 days ago

North East contractors to hold materials shortage summit

Regional firms come together to tackle crisis
4 days ago

Green light for Teesside wind turbine factory

Construction to begin later this year of 800,000 sq ft turbine blade plant
5 days ago

Shepherd counts cost of construction exit six years on

Construction arm records £31m loss from legacy construction project and cladding liabilities
5 days ago

Infrastructure record spend to support 425,000 jobs a year

Government details £30bn of planned procurements over the next 12 months
5 days ago

L&G modular homes losses to date reach £137m

Accumulated losses build but first modular schemes finally start construction
5 days ago

Contractor services