Latest news with #HBD
Yahoo
07-07-2025
- Business
- Yahoo
HBD secures approval for phase one of $1.36bn Cheltenham project
Henry Boot's property investment and development arm, Henry Boot Developments (HBD), has secured outline planning consent for phase one of the Golden Valley project in Cheltenham, England. This marks a significant step forward for the 200ha regional regeneration project, which aims to provide approximately 2,500 new homes and 1.25 million square feet of commercial space. The outline planning consent enables the development of IDEA, the new 160,000ft² National Cyber Innovation Centre highlighted in the UK government's Modern Industrial Strategy. Additionally, the consent includes provisions for 576 residential units of various tenures to support Cheltenham's housing needs. HBD is preparing to commence construction later this year. The Golden Valley project, valued at £1bn ($1.36bn), is strategically located near the Government Communications Headquarters (GCHQ), the UK's intelligence, security, and cyber agency. The development is expected to create nearly 12,000 jobs and play a role in enhancing the UK's capabilities in AI, quantum technologies, and secure communications, contributing to national security and economic resilience. In 2022, HBD was appointed as a development partner for Golden Valley by Cheltenham Borough Council and submitted an outline planning application in October 2023. The project has garnered a £104m funding package, including a £20m contribution from the UK government, indicating public sector support and alignment with the UK's Cyber Security Strategy. The economic impact of Golden Valley extends beyond the immediate region, with potential benefits for Gloucestershire, South West England, and the UK as a whole. A separate outline planning application for an additional 443 homes is also pending determination, expected in the coming weeks. Henry Boot CEO Tim Roberts said: 'Securing planning permission marks a major milestone for both Henry Boot and the future of UK innovation. Golden Valley is a significant development and a superb example of public and private sector collaboration working well, committing regional investment that will strengthen the UK's capabilities in the highly important cybersecurity and emerging technology sectors. It is also testament to the expertise and dedication of our development team." GCHQ director of technology futures Dr Marsha Quallo-Wright said: 'We welcome this decision and are pleased to confirm our presence on this important project. We look forward to working alongside academia and industry to enhance our ability to address emerging security challenges, foster innovation and support the region's growth. "By strengthening these collaborations, we will tap into new expertise, share knowledge and help shape the skills needed for the future, all of which are vital to supporting our mission to keep the UK safe.' In December 2024, HBD announced a joint venture with Feldberg Capital to establish Origin, a UK-focused industrial and logistics platform. "HBD secures approval for phase one of $1.36bn Cheltenham project" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


BBC News
07-07-2025
- Business
- BBC News
More than 500 homes to be built as part of Cheltenham's cyber hub
Plans for the second stage of a £1bn cyber security centre near GCHQ in Gloucestershire have been the proposals, 576 homes will be built at the Golden Valley development, which will create "thousands of jobs", property developers HBD of Cheltenham Borough Council's councillors questioned the amount of affordable homes and the reduced financial contributions for the improvements of Junction 10 of the MP Max Wilkinson who supports the scheme said: "It's an investment in our town's human capital and a commitment to securing its position as a national leader in a critical industry". "The projected £1bn in investment and promise of thousands of jobs underscores the scale of this opportunity and its capacity to deliver long-term economic benefits for local residents," he said the proposals present "a unique chance for Cheltenham to play a leading role in the nation's economic growth and strategic is the UK's intelligence agency focusing on communications data and areas such as cyber crime and infiltrating hidden messaging networks and works in conjunction with MI5 and told the meeting that the development is a "once-in-a-generation multi-million pound" project and had "the potential to secure GCHQ's presence in the town for another 50 years," according to the Local Democracy Reporting Service. Council officers asked for financial contributions totalling £9m and the authority would seek £3.7m for a primary school, £1.7m for motorway improvements and more than £900,000 for new bus was announced last month that development consent had been granted to a £229m project at Junction 10 of the M5 near Cheltenham mayor Bernie Fisher said he supported the scheme in principle, but was concerned about the funding of Junction 10, which he said will fall short without HBD's extra cash boost.


Pink Villa
27-05-2025
- Entertainment
- Pink Villa
SEVENTEEN's HAPPY BURSTDAY sells 2.27M copies on release day, setting record post FML, HEAVEN, SPILL THE FEELS success
SEVENTEEN (SVT) is back at it again—breaking records like it's just another Tuesday. The 13-member K-pop powerhouse celebrated their 10th debut anniversary in true SEVENTEEN style: by casually obliterating sales charts with their latest mini album, HAPPY BURSTDAY (HBD). Because what says 'Happy Anniversary' better than making history? On May 26, SVT's official debut date, they dropped HAPPY BURSTDAY, and boom—2,269,401 copies flew off shelves (well, digital shelves too) in a single day. According to Hanteo Chart, this makes it the highest first-day sales for any K-pop act in 2025. Talk about blowing out candles with a hurricane. Record-Smashing Royalty SEVENTEEN isn't just a group—they're a well-oiled record-breaking machine. They don't even try to smash records anymore; they just show up, vibe with CARATs (their ever-dedicated fandom), perform with joy, pride and history is made. Again. HAPPY BURSTDAY now ranks as the 4th highest first-day sales in K-pop history, trailing only behind their albums: FML – 3,998,373 copies SEVENTEEN: HEAVEN – 3,288,017 copies SPILL THE FEELS – 2,494,180 copies SEVENTEEN now holds five spots in the top ten all-time first-day sales rankings. And guess what? Fans and industry watchers alike are now expecting HAPPY BURSTDAY to cross the coveted three-million mark within its first week. Global Domination, One Track at a Time SEVENTEEN's global reach? Stronger than ever. HAPPY BURSTDAY climbed to No. 2 on the Worldwide iTunes Albums Chart, hit No. 1 on iTunes in 15 countries, and landed on Europe's iTunes Top Albums Chart like it owned the place. Meanwhile, lead single Thunder lit up the iTunes Top Songs chart in 13 different regions. And they didn't stop there. Thunder also cracked the Melon TOP 100, a feat that practically screams Legendary. Solo Tracks? More Like Solo Slays Here's the kicker: the album doesn't just ride on one or two bangers. HAPPY BURSTDAY is a fan buffet, featuring 13 solo tracks from every single member and 3 group tracks. Jungle – S. Coups Coincidence – Jeonghan Fortunate Change – Joshua Gemini – Jun 99.99% – Wonwoo Damage – Hoshi Destiny – Woozi Skyfall – THE8 Shake It Off – Mingyu (Taylor Swift, is that you?) Happy Virus – DK (warning: it's contagious) Shining Star – Vernon Raindrops – Seungkwan Trigger – Dino SEVENTEEN'S HAPPY BURSTDAY Reaction SEVENTEEN's HAPPY BURSTDAY is more than an album. It's a celebration of growth, fandom, chaos, and charisma (with just a sprinkle of goofiness). Whether you're a long-time CARAT or a casual listener who got sucked in by THUNDER, this release is impossible to ignore. So pop the confetti, stream the album, and maybe learn the Thunder dance if you dare—because SEVENTEEN just gave their CARATs all a birthday gift wrapped in chart-smashing greatness.
Yahoo
19-05-2025
- Business
- Yahoo
Plan for phase two of cyber park near GCHQ revealed
The second stage of a cyber security centre planned near GCHQ has been unveiled. The Golden Valley development aims to confirm Cheltenham as the UK's cyber capital. Property developer HBD and Cheltenham Borough Council unveiled the project's second phase, including the launch of the newly named "I/O Buildings", at a CyberUK conference event held earlier this month. Councillor Rowena Hay, leader at Cheltenham Borough Council, said the CyberUK event offered the "perfect opportunity" to showcase phase two of the project. The first phase of construction is the cyber park itself, which includes 1 million sq ft (93,000 sq metres) of commercial space, a car park and bus stops for services to Cheltenham Spa railway station. Work could begin by October if Cheltenham Borough Council approves two key applications, which include feedback from public consultations, this summer. The two I/O Buildings (INPUT and OUTPUT) are a key element within the second phase of Golden Valley and will provide space for leaders and innovators to work together, the Local Democracy Service reports. More news stories for Gloucestershire Listen to the latest news for Gloucestershire INPUT is intended to foster collaboration between education, business and government, focusing on academia, skills and talent. OUTPUT will seek to bring together industry peers to shape the future of technology. The building will create space for quiet focus and provide state-of-the-art facilities for business. Ed Hutchinson, managing director of HBD, said: "Work is due to begin on site later this year so it's great to be able to share new CGIs of the scheme, including the I/O Buildings within phase two, and bring the development to life." Cabinet Office Minister Pat McFadden included Golden Valley within his keynote address at the CyberUK conference. "We're already making some big investments, like the billion pounds going into the new state-of-the-art Golden Valley campus near GCHQ's Cheltenham office. "That site alone is expected to create 12,000 jobs and be home to hospitality, retail businesses and 3,700 new homes. It's all growth." Follow BBC Gloucestershire on Facebook, X and Instagram. Send your story ideas to us on email or via WhatsApp on 0800 313 4630. How will a £1bn cyber park affect locals? Cyber development to receive £20m from government Cheltenham Borough Council CyberUK HBD


BBC News
19-05-2025
- Business
- BBC News
Next phase of Cheltenham's Golden Valley cyber project unveiled
The second stage of a cyber security centre planned near GCHQ has been Golden Valley development aims to confirm Cheltenham as the UK's cyber developer HBD and Cheltenham Borough Council unveiled the project's second phase, including the launch of the newly named "I/O Buildings", at a CyberUK conference event held earlier this month. Councillor Rowena Hay, leader at Cheltenham Borough Council, said the CyberUK event offered the "perfect opportunity" to showcase phase two of the project. The first phase of construction is the cyber park itself, which includes 1 million sq ft (93,000 sq metres) of commercial space, a car park and bus stops for services to Cheltenham Spa railway could begin by October if Cheltenham Borough Council approves two key applications, which include feedback from public consultations, this two I/O Buildings (INPUT and OUTPUT) are a key element within the second phase of Golden Valley and will provide space for leaders and innovators to work together, the Local Democracy Service reports. INPUT is intended to foster collaboration between education, business and government, focusing on academia, skills and will seek to bring together industry peers to shape the future of building will create space for quiet focus and provide state-of-the-art facilities for business. Ed Hutchinson, managing director of HBD, said: "Work is due to begin on site later this year so it's great to be able to share new CGIs of the scheme, including the I/O Buildings within phase two, and bring the development to life."Cabinet Office Minister Pat McFadden included Golden Valley within his keynote address at the CyberUK conference."We're already making some big investments, like the billion pounds going into the new state-of-the-art Golden Valley campus near GCHQ's Cheltenham office."That site alone is expected to create 12,000 jobs and be home to hospitality, retail businesses and 3,700 new homes. It's all growth."