HELLO and welcome to the AM Business Briefing, as growth in the UK's construction industry slowed in September, according to an influential survey, and Tesco has lifted its profit targets for the year on the back of a "strong" half-year of sales and announced plans to hand about £500 million back to shareholders.
Also today, a Scottish housebuilder is marking two decades years in one Lanarkshire town with the launch of a new development, an engineer has expended its capability in North America, and Amazon takes a new step into brick and mortar retail.
New development at Lanarkshire village
One of Scotland’s leading housebuilders, Miller Homes, is marking its 20th-year building in East Kilbride with a new development in Jackton, South Lanarkshire.
Jackton Gardens, will form part of the wider Jacktonhall neighbourhood currently under development, positioned on the edge of East Kilbride. The new development will comprise 131 three, four and five-bedroom homes, taken from the new Miller Homes portfolio, with the first homes expected to be completed in Spring 2022.
It will include a range of house types, including the three-bedroom Halston and Carlton, the four-bedroom Maplewood, Oakwood and Lockwood and the five-bedroom Bayford and Castleford. A four-bedroom Blackwood show home will be launching next year, which is sure to provide interested buyers with an abundance of style inspiration for their new dream home.
Located just off Eaglesham Road, the new Jacktonhall district is expected to be "hugely popular with buyers hoping to find their forever homes in the area, boosted by the high demand for future-proof, flexible homes in the East Kilbride area". The builder said Jacktonhall "presents an exciting new chapter for South Lanarkshire", with the regeneration of the area enabling the creation of new homes, community and retail facilities and a new primary school, as well as plenty of green spaces and cycle paths.
Miller said Jackton Gardens offers quick and easy access into Glasgow "while boasting a peaceful, semi-rural setting that’s ideal for family living". The development is close to the villages of Eaglesham and Thorntonhall and has an abundance of popular green spaces, including Whitelee Wind Farm and Calderglen Country Park. It’s also well-located for East Kilbride’s retail facilities, including Kingsgate Retail Park and the EK Shopping Centre.
Louise Caldwell, sales director for Miller Homes Scotland West, said: “Miller Homes has a long history in East Kilbride, and we are particularly pleased to be returning to launch Jackton Gardens as part of new Jacktonhall neighbourhood.
“Miller Homes has experienced exceptional demand in recent months, particularly in the West of Scotland, and we are confident that Jackton Gardens will prove incredibly popular with everyone from first-time buyers to those seeking a forever home, with an array of flexible options available.
“We look forward to sharing more information about Jackton Gardens and our part in the wider Jacktonhall development in the coming weeks and months.”
Scottish engineer buys US group in fifth acquisition this year
Renfrew-based engineer Howden Group has completed its fifth acquisition of 2021 with the purchase of US air and gas-handling equipment manufacturer Spencer Turbine Company.
Amazon opens first UK general store today
Amazon has hailed its first general store in the UK at the Bluewater shopping centre, Kent.
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