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Construction inflation a ‘challenge’ as next Staneyhill contract goes out to tender
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Shetland News
Image: Hjaltland Housing AssociationHJALTLAND Housing Association says construction inflation remains a “challenge” as it goes out to tender for more homes at Staneyhill in Lerwick.
The Hjaltland Housing Association contract is for a further six two-storey homes at the Staneyhill Terrace, with an estimated value of £2.2 million excluding VAT.
The Staneyhill project is being built in phases, with the goal of eventually providing around 300 new homes.
DITT’s phase one contract, for 32 one-bed homes, is expected to see construction run through to 2028.
Leask said the overall Staneyhill project is “progressing well”.