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Trio in chase for £20m Newport shops revamp

CONTRACTS - SOUTH WALES

THREE firms are bidding to spruce up a £20 million shopping centre in south Wales.

Sir Robert McAlpine, Laing O'Rourke and HBG are all competing to redevelop the Kingsway shopping centre in Newport.

Both Laing O'Rourke and Sir Robert McAlpine are also chasing a much larger deal in Cardiff to extend the St David's shopping centre for client Land Securities. The pair have been joined on the shortlist by Bovis Lend Lease for the £240 million deal.

Work at Newport will involve refurbishing the interior, adding entrances and building a glazed central square along with a food court. A 750-space car park will also be built.

Final documents are now in the process of being handed in and assessed. Pearce and Britannia Construction also looked at the job but decided not to bid.

Newport City Council granted client UBS Triton Property Fund planning permission last week to press on with the scheme after first purchasing the site back in February 2004. Chester Properties has been appointed to manage the project.

London firm Colman, which has worked on similar schemes down the M4 motorway in Cardiff and Swansea, is project architect.

A winner for the scheme is due to be named next month.

Demolition work is due to start in April.

Main construction work is slated to begin this summer.

Final completion is planned for summer 2007.