TIDMBOOT
Boot(Henry) PLC
31 July 2019
31 July 2019
HENRY BOOT PLC
('Henry Boot', 'the Company' or 'the Group')
SECOND STAGE OF GBP180 MILLION REGENERATION PROJECT SECURED
Henry Boot PLC, a company engaged in land promotion, property
investment and development, and construction, announces that its
subsidiary, Henry Boot Construction Limited has signed a contract
with Barnsley Council to deliver Phase 2 of The Glass Works
development scheme.
The Glass Works Phase 2 is the second stage of a GBP180 million
regeneration project which commenced back in March 2016. Phase 1,
also completed by Henry Boot Construction, saw the creation of the
new state-of-the-art Library @ the Lightbox and the transformation
of Barnsley Markets, to establish a new home for the town's market
traders.
Phase 2 of the works are set to include 100,000 sq ft of new
retail space for a variety of shops and over 25,000 sq. ft of cafés
and restaurants that will frame a new landscaped public square and
create a new shopping route. Two key leisure anchors - Cineworld
and Superbowl UK and more than 90,000 sq. ft of leisure facilities
will also be delivered. Cineworld will offer a modern, 13 screen
multiplex cinema, whilst Superbowl UK will provide a fun
environment for all ages with ten pin bowling.
Commenting on the contract, Simon Carr, Managing Director, Henry
Boot Construction, said:
"We are delighted to have secured Phase 2 of The Glass Works,
building on the success of Phase 1 where we maintained exceptional
working relationships with our partners and supply chain, working
collaboratively together to deliver the project to the very highest
standards. We also recognise the hard work and diligence of our
pre-construction team in securing Phase 2.
"This is a really exciting time for the people of Barnsley and
as a local contractor we are very proud to be on the journey with
them."
Ryan O'Loughlin, Director, Henry Boot Construction Limited,
added:
"It is fantastic news that we are able to continue our
partnership with Barnsley Council on The Glass Works project. Phase
1 of the scheme has already delivered the regeneration of Barnsley
Markets, the new library and extensive Public Realm works. It is a
multiple award-winning project but the part of the contract we are
most proud of is our work in the local community.
"60 per cent of project staff are from Barnsley and have a real
passion for ensuring the legacy of the project extends beyond
bricks and mortar. To date, we have supported over 100 local
training, employment and community projects with over GBP250,000
worth of funding. We have established the Barnsley Construction
Skills Village and Better Barnsley bond initiatives - both with the
aim of leaving a legacy beyond the completion of the project.
"More than GBP20 million worth of contracts have been awarded to
Barnsley-based businesses with over 200 new and safeguarded jobs.
Our work with local education providers is unprecedented, with over
250 educational visits and workshops with Barnsley schools and 285
work experience placements for Barnsley students.
"We look forward to building on these achievements throughout
The Glass Works Phase 2."
Sir Stephen Houghton CBE, Leader of Barnsley Council said:
"Henry Boot have already delivered fantastic results, so we are
pleased to have them on board for the next phase of the scheme.
Their commitment to not only the project but the local community is
outstanding and they have made a significant impact in terms of
employment and educational opportunities.
"The team is great to work with and there is a real partnership
ethos across the whole project - we would like to congratulate them
on being appointed and look forward to continuing to work with
them".
Phase 2 works are expected to be completed in June 2021.
For further information, please contact:
Henry Boot PLC
John Sutcliffe, Chief Executive Officer
Darren Littlewood, Group Finance Director
Tel: 0114 255 5444
www.henryboot.co.uk
Numis Securities
Corporate Broker
Garry Levin/ Tom Ballard
Tel: 020 7260 1000
Peel Hunt
Corporate Broker
Charles Batten
Tel: 020 7418 8900
Hudson Sandler LLP
Financial PR
Nick Lyon/Wendy Baker
Tel: 020 7796 4133
About Henry Boot PLC
Henry Boot PLC (BOOT.L) was established over 130 years ago and
is one of the UK's leading and long-standing land promotion,
property investment and development, and construction Group of
Companies. Based in Sheffield, the Group comprises the following
three segments:
Land Promotion:
Hallam Land Management Limited
Property Investment & Development:
Henry Boot Developments Limited, Stonebridge Homes Limited
Construction:
Henry Boot Construction Limited, Banner Plant Limited, Road Link
(A69) Limited
The Group possesses a high-quality strategic land portfolio, an
enviable reputation in the property development market backed by a
substantial investment property portfolio and an expanding, jointly
owned, housebuilding business. It has a construction specialism in
both the public and private sectors, a growing plant hire business,
and generates strong cash flows from its PFI contract, Road Link
(A69) Limited.
www.henryboot.co.uk
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END
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