Latest news with #mixeduse
BBC News
2 days ago
- Business
- BBC News
Derelict art deco Swindon building to come back into use
New life could soon be breathed into a derelict town centre art deco building after developers were given permission to redevelop a Burton's menswear store, the Poirot building on the corner of Bridge Street and Fleet Street in Swindon has been sitting empty for it could soon come back into use after developer Innovative Associate were granted permission to use it for shops and its application, Innovative Associate said the project would "revitalize the derelict building and bolster the local economy by providing new housing and retail spaces". "The proposal aims to maximize the potential of the currently vacant property by transforming the property into a mixed-use building that combines commercial and residential areas," it to the Local Democracy Reporting Service, the plans include three possible separate commercial units to the ground floor, with four one-bed apartments on both the first and second the proposal for approval, Swindon Borough Council planning officers said "the development would improve the character of the area and would help to further associate the area with rejuvenation and regeneration as opposed to any perception of dereliction and redundancy"."The proposal would positively contribute to town centre regeneration and would return the vacant unit back into active use," it officers raised concerns about a lack of cycle parking but permission was granted with the condition that lockable storage for eight bikes, with another rack for visitors' cycles, should be installed before any of the flats are conversion of the upper storeys of the building into eight flats was previously approved in 2019 but that consent had now expired.
Yahoo
3 days ago
- Business
- Yahoo
Gateway Jax breaks ground on a second major development in Downtown Jacksonville
Work is officially underway on a new development in Downtown Jacksonville. A groundbreaking ceremony was held on Thursday for a second building in Gateway Jax's Pearl Square neighborhood. Mayor Donna Deegan, City Council President-elect Kevin Carrico, and City Councilman Raul Arias were in attendance. Pearl Square is a mixed-use development located at 425 Beaver Street. The new building will feature 286 multifamily units, on-site parking, and nearly 20,000 square feet of retail space. When combined with the work that's already underway in Pearl Square, there will be 500 residential units and 40,000 square feet of retail space. The goal is to create a walkable neighborhood Downtown, where people can live, dine and shop. The project should be complete by 2027. >>> STREAM ACTION NEWS JAX LIVE <<< [DOWNLOAD: Free Action News Jax app for alerts as news breaks] [SIGN UP: Action News Jax Daily Headlines Newsletter] Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live.
Trade Arabia
6 days ago
- Business
- Trade Arabia
Rua Al Madinah signs design contract for prime Saudi mixed-use project
Rua Al Madinah Holding, a unit of Saudi soverign wealth fund PIF, has signed a master plan design contract with DLR Group Middle East, a leading urban planning and architectural design consultant, for its premium project Dar Al Hijra. The masterplan aims to transform the project land, covering nearly 1 million sq m into a mixed-use urban development. It will feature thousands of residential units, along with leasable commercial spaces, educational institutions, and healthcare facilities. The plan supports Madinah's future needs by enhancing infrastructure, improving quality of life, and offering a modern urban model that reflects Madinah's status as a global urban hub, said a statement from the Saudi PIF company. The signing ceremony for the Dar Al Hijra masterplan design contract was held under the patronage of Prince Salman bin Sultan bin Abdulaziz, Governor of Madinah. The event was attended by Rua Al Madinah Holding Chairman Naif bin Saleh Al Hamdan and CEO Engineer Ahmed Al Juhani. Speaking on the occasion, Al Hamdan said: "Rua Al Madinah Holding is steadily progressing toward its vision of developing integrated real estate projects with sustainable economic and social impact, aligned with the ambitions of Saudi Vision 2030, and contributing to an enhanced quality of life for both residents and visitors of Madinah. "This step is part of the ongoing backing from the kingdom's wise leadership for urban transformation and sustainable development projects in Madinah," he stated. Eng Al Juhani said the signing of the masterplan design contract represents a key milestone in the development of Dar Al Hijra project. "It complements the ongoing construction and development works, including the company's headquarters, as well as hotel and office buildings spanning 168,000 sq m with overall progress now exceeding 50%," he added.
Argaam
7 days ago
- Business
- Argaam
Al Kathiri unit inks SAR 143.1M lease deal to build hotel
Al Kathiri Holding 's subsidiary, Saraya Al Diyar Investment Co., signed a long-term lease agreement with the Aseer Municipality on May 27 to build and operate a mixed-use hotel and commercial complex in Abha. The project will span a total area of 53,000 square meters. Saraya Al Diyar will establish a four-star hotel with 180 keys, in addition to retail and entertainment facilities, Al Kathiri said in a statement to Tadawul. The lease is valid for 50 years at a total value of SAR 143.1 million. It will be effective from the date on which the company received the allocated land plot from Aseer Municipality (June 25, 2025 – Dec. 28, 2075). The new agreement aligns with Al Kathiri's strategy that aims to diversify the company's investment portfolio and expand into promising, viable, strategic sectors in line with Vision 2030, the statement added.
Zawya
27-05-2025
- Business
- Zawya
Egypt: TMG Holding signs MoU to develop 14mln sqm mixed-use project in Iraq
RELATED TOPICS EGYPT NORTH AFRICA IRAQ CORPORATE INFRASTRUCTURE Arab Finance: Talaat Moustafa Group Holding has signed a memorandum of understanding to develop a new large-scale mixed-use project on a 14 million sqm plot in southwest Baghdad, as part of its regional expansion strategy focused on replicating its integrated city model in Middle Eastern markets, as per a disclosure. The project, which follows the TMG's April 28th disclosure regarding negotiations with local Iraqi authorities, is expected to include approximately 46,000 mixed-use units. It will mirror TMG's established community development approach implemented in Egypt and Saudi Arabia, with a focus on high-quality housing, smart infrastructure, and sustainability. With this MoU, TMG Holding's regional land bank rises to 29 million sqm, spanning Iraq, Saudi Arabia, and Oman. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
