All Saints Construction builds on year of success with £100m project wins
All Saints Construction has celebrated its first full year in operation by securing more than £100 million in new projects to exceeds its initial turnover targets.
Launched in September 2015, the North East firm - a division of the Newcastle based High Street Group – has already worked on developments valued at more than £75 million and is lining up new schemes in The North East, North West, South Yorkshire, Scotland and the South East worth a further £120 million.
Director Keith McDougall said: “It has been an excellent start and the forecasts for 2017 are even better than we anticipated. We are particularly excited about prospects for development in the private rented sector.”
The North East projects driving this rapid growth include a new 90 bedroomed hotel in Durham City, the redevelopment of a 32 bedroomed Whitley Bay hotel, 25 executive homes in Hartlepool and the redevelopment of the walled gardens, adjacent to Newcastle Racecourse, into 14 executive homes.
In Scotland there are plans to create 18 apartments in a converted and extended school, with nine large detached homes in grounds in the Glasgow area and 12 more apartments in a converted and extended listed mansion house up the coast at Helensburgh.
Details of the North West, South Yorkshire and South East projects have yet to be released but involve developing apartments for private rent.
McDougall added: “We have a strong team with wide experience and ambition to grow in an expanding sector. Because of our parent company’s experience and expertise, we can offer clients a start to finish service – providing scheme feasibility advice, design, planning guidance, finance, construction and sales or maintenance.
“In addition our costs are significantly less than offered through the more traditional construction procurement processes which puts us in an extremely strong position to establish successful joint venture initiatives right across the sector.”