Cost rockets at Terminal 5
Article Abstract:
BAA currently has a budget of 1.8 billion pounds sterling for the construction of Terminal 5 at Heathrow airport. However, the estimated cost of the project has now risen to 2.7 billion pounds sterling. The revised cost takes account of a new baggage-handling system, an anticipated rise in civil engineering costs and the excavation of a hole to accommodate the baggage-handling system. BAA is now looking at ways of reducing the cost of the project before detailed design work begins in spring 1999.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1998
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Dream team forms to plan 300 million pounds sterling new lifestyle vision
Article Abstract:
Designing exclusive city properties for people with money and taste will be the focus of newly created development company Yoo, which was launched in London in April 1999. The company will be jointly run by French designer Philippe Starck and UK-based housing developer John Hitchcock. The partners plan to develop the company over a five year period, producing a portfolio of up to 30 individually designed city developments valued at about 300 million pounds sterling.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
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