CPUK seals £6.7m residential contract
Skelmersdale-based Construction Partnership UK is to start work on a £6.7m housing project near Oldham – five years after it was originally appointed to build homes on the site.The original plan to create homes on the Lumb Mill development in the village of Delph, near Saddleworth Moor, became a victim of the recession.
Now a new developer has come forward with its plans for the site and has appointed CPUK to build its housing scheme. The contract is the latest sealed by CPUK in all sectors over recent months as its order book continues to grow.The company now has more than £25m of work confirmed for the next 12 months and is seeing activity return to pre-recession levels.
Three60 Property Investors – a commercial subsidiary of Merseyside and Cheshire based Neighbourhood investor, Plus Dane Group – is behind the plan to create 46 stylish homes at Lumb Mill.Work will start shortly on the first phase, a mix of 27 three and four bedroom properties. The whole development will take two years to complete.
Steve Burke, managing director of Skelmersdale-based CPUK, said: “We were first appointed to build homes on this site five years ago; then the recession hit and the project became one of its victims.“So it is really encouraging to see that homes are now finally going to be built on the site and we’re delighted that we’ve been appointed to see the job through after it has been on the back burner for so long.
“It’s another strong indication of how things are moving in all sectors of construction in the region. It feels a lot more like normal business is being resumed. Developers have taken a deep breath and decided to move forward, there is recognition that we have to get on with things.“We are seeing a rise in retail work and residential development seems to be making a comeback now. How much of that is down to Government initiatives is unknown, but they do seem to be having some impact. Funding is still an issue in some cases, but developers are looking at different ways of getting the resources they need, and in some cases keeping the banks out of it.”
CPUK is also working on retail development projects across the North West, including two in Cumbria worth more than £6.5m. The company is also building a £1.2 million restaurant at the Lingley Mere Business Park which is a joint venture between Muse Developments and United Utilities. Steve Burke said: “Our order book continues to grow. We have a number of other strong contracts in the pipeline as we continue to expand geographically out of our North West heartland.”