Latest news with #revitalisation
BBC News
25-06-2025
- Business
- BBC News
Revamp of Salisbury Station forecourt marked with ceremony
Local residents and dignitaries celebrated the revitalisation of a railway station forecourt at a ceremony on Railway Station has undergone a £4.5 million redevelopment, with improvements made to bus stops, drop-off points and pedestrian and cycle money was allotted under the Future High Streets Fund, with additional funds provided by the previous Tory Ardley, Regional Development Manager at South Western Railway said that the station had undergone a transformation, from what had previously been "just a big car park". "There were no proper pedestrian routes, no proper cycle routes. The only bus that could get in here had to do a three-point turn,", he added."Now we've got proper designated bus stops with the buses go round the car park without having to do a ,turn. They've got proper quality bus stops. "It's very clearly signposted for pedestrians and other users. We've got designated pick-up and drop-off points for people arriving by car." Parliamentary Under-Secretary for Housing, Communities and Local Government Baroness Taylor said there were added benefits from the scheme on top of improving the look of the area and boosting transport."These kinds of projects where everyone gets together and collaborates on them are really important to driving the economy of the country forward, but also providing new facilities for the whole community, including making sure that this station is accessible for everybody," she Martin Smith, Cabinet Member for Highways, Streetscene and Flooding, described the new forecourt as fulfilling an "interconnected transport vision".Salisbury MP John Glen said: "We did the work that was needed to upgrade the look and feel of the entrance to the city. I'm delighted it's done."
Yahoo
16-06-2025
- Business
- Yahoo
Groupe HD, Kastello, and CPD Immobilier Launch a New Residential Project in Montreal's Saint-Michel District
MONTRÉAL, June 16, 2025 /CNW/ - Groupe HD, in partnership with Kastello Immobilier and CPD Immobilier, is launching the redevelopment of the site located at 2601 Jarry Street East, in the heart of Montreal's Saint-Michel neighbourhood. The project involves the construction of a six-storey residential complex featuring 380 rental units and more than 20,000 square feet of commercial space. This investment of over $150 million is part of an ongoing revitalization of the area, driven by planned densification and a strong demand for quality, well-served housing. "By harnessing the potential of this evolving sector, Groupe HD is once again committed to creating sustainable living environments that align with the transformation of neighbourhoods and the people who live in them," says Thomas Dufour, Co-President of Groupe HD. Located near Frédéric-Back Park, the Cirque du Soleil headquarters, and the TOHU, the site is also within walking distance of the Saint-Michel metro station. It benefits from a strategic location with excellent access to public transportation (bus, BIXI, REV) and proximity to essential services, including retail, schools, and healthcare facilities. "Kastello Immobilier is proud to contribute to the development of a high-quality living environment in a neighbourhood undergoing major change, while also integrating nearly forty affordable housing units," says Mathieu Colette, Partner and Vice-President of Real Estate at Kastello Immobilier. The project aims to support the long-term revitalization of the sector and offers a mix of residential and commercial uses in line with the borough's urban planning orientations. Construction will be carried out by Construction Praxis, the construction division of Groupe HD. The work is scheduled to begin at the end of 2025. "CPD Immobilier is pleased to partner with Groupe HD and Kastello on this new residential development at 2601 Jarry Street East. This new collaboration marks a significant milestone in our shared commitment to building sustainable, innovative, and human scale living environments," says Alexandra Kau, President of CPD Immobilier. This partnership represents a key moment in the evolution of the Saint-Michel neighbourhood, bringing forward a new residential and commercial offering tailored to the current and future needs of the community. Project Overview Investment: $150 millionDeveloper: Groupe HDFinancial Partners: Kastello Immobilier and CPD ImmobilierLender: Otéra Capital (CDPQ)General Contractor: Construction PraxisArchitects: NEUF Architect(e)s About Groupe HDGroupe HD is a Quebec-based company specializing in real estate investment, development, construction, and management. The firm is committed to redefining tomorrow's housing by designing and delivering large-scale projects that meet the needs of communities and municipalities. To date, the company is involved in over 20 projects, totaling more than 7,000 residential units, including condominiums, rental buildings, and private seniors' residences. Groupe HD continuously rethinks and adapts its practices to create integrated living environments for today and future generations. Backed by a team of 60 professionals, the company currently manages over $3.0 billion in more information: About KastelloKastello is a family-owned investment company with deep expertise in real estate development. It was founded in 2018 by the Fortin family of Couche-Tard fame, a name well known in Québec's business landscape. Its subsidiary, Kastello Immobilier, focuses on residential real estate investment, particularly through acquisitions, joint development with real estate partners, and long-term management of its rental properties. Kastello's portfolio primarily consists of multi-residential buildings held for the long more information: About CPD ImmobilierCPD is a fast-growing private real estate company that develops, acquires, and manages shopping centres in the Greater Montréal area, as well as in Ottawa and Toronto. With over 40 years of experience, CPD began as a retail business before evolving into a real estate developer and investor. Headquartered in Montréal, the company now holds a diversified portfolio. In addition to its commercial real estate expertise, CPD also acts as a real estate family office, strategically investing in multi-residential projects. This long-term, legacy-driven approach allows the company to manage its assets sustainably while fostering steady more information: SOURCE Groupe HD View original content to download multimedia: 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
The Sun
23-05-2025
- Business
- The Sun
Closed European seaside neighbourhood to reopen after £37million renovation with new beaches and kids playgrounds
A COASTAL neighbourhood in Croatia is set to reopen following a £37million project. Žnjan in Croatia has been largely closed to the public since February 2024 due to a revitalisation project. 4 4 But now it will reopen on June 21 with a number of new amenities. The seafront will have landscaped beaches with over 800 trees and 13,000 shrubs as well as family-friendly areas including children's playgrounds. A video of what the beach will look like also includes climbing frames, palm tree lined paths, lookout points, a splash pad and beach lounger areas. A huge new amphitheatre will open alongside a new car park. New cafes and shops will also open, as well as toilets and changing facilities. Žnjan is known for being the largest beach in Split, with many activities for both children and adults. Along the beach, there are currently trampolines, bouncy castles and electric scooters. There are also a few beach bars and plenty of places to grab a coffee or meal. A promenade connects Žnjan with nearby Trstenik beach. According to Croatia Week, the redevelopment is the city's largest urban project in over 50 years. The pretty coastal city in Europe where you can kayak to hidden beaches has cheap easyJet flights When open, all facilities in at Žnjan will be free and accessible to both locals and visitors. The project was backed by the European Investment Bank (EIB) and local development initiatives to make the area into one of the Adriatic's most iconic seaside destinations. Mayor Puljak said: "Žnjan is not just a beach – it is proof that Split has the knowledge, people and strength for large projects." Darijo Saric, Croatian travel expert and CEO of VIP Holiday Booker, said: "The transformation of Žnjan Beach is setting a new standard for luxury tourism on the Adriatic. "Once one of the largest beaches in the Mediterranean, it has now been completely revitalised to provide a premium seaside experience. "From an economic and cultural standpoint, the project is also expected to significantly boost local tourism, support small businesses, and further elevate Split as a luxury travel destination. "Žnjan isn't just a beach - it's becoming a destination." There is also a Croatian beach city with 'perfect' summer temperatures that has new Jet2 flights from the UK. Plus, the tiny European coastal town that used to be its own island that was named top 2024 hidden gem. 4 4
South China Morning Post
06-05-2025
- Business
- South China Morning Post
Viability of Hong Kong's Hung Hom yacht bay development called into question
Hong Kong harbourfront advisers have expressed concerns about the viability of turning part of Hung Hom into a landmark waterfront with a world-class yacht marina, arguing that facilities in the area are old and would need to be revitalised. Advertisement Members of the Harbourfront Commission on Tuesday also questioned why authorities had chosen the residential area for its preliminary waterfront development, even as they voiced their support for some aspects of the proposal. Authorities have proposed turning 24 hectares (59 acres) around the Hung Hom MTR station into a landmark waterfront that would include a marina able to accommodate up to 200 yachts and a 50-storey residential-commercial tower with entertainment facilities. 'Do we need so many commercial activities in [East Tsim Sha Tsui and Hung Hom]?' commission member Chiky Wong Cheuk-yuet asked. He said some shopping malls in both areas were old or no longer thriving, and could be in need of revitalisation. Advertisement Wong suggested that the government have a transport museum built in the area, considering its proximity to Whampoa, which had a rich maritime history. He also questioned why Hung Hom was chosen as the location for the proposed waterfront development.
