Family property and construction firm, Jehu Group has successfully secured new projects worth around £45 million across South Wales with a further £20m in short term pipeline forecasted to start in 2022, firmly positioning them as an industry leader in Wales.
The projects include over £20 million worth of independent living contracts with Cardiff City Council over two sites in Llanedeyrn and St Mellons as well as a 53 unit scheme for the Vale of Glamorgan Council, with a further exciting scheme with longstanding partner Linc Cymru to develop 48 apartments supported by Innovative funding by the Welsh Government.
The contract wins have been secured during unprecedent inflation impacting the construction industry and the Board are extremely pleased to announce the contract wins along with a desire to recruit further delivery staff, specifically site management, contract management and commercial staff to support the already dedicated workforce.
These contracts will have a significant impact on the local economy, with almost £1 million being invested into developing local employment. Moreover, these developments will have a substantial impact on local areas, the Construction Industry Council suggest that for every £1 spent on projects, nearly £2 would be reinvested back in the Welsh economy.
Dafydd Cantwell, Land & Partnerships Director at Jehu commented: “We have been working in close partnership with our clients to bring forward these exciting developments. With three of the projects being specialist ‘later living’ accommodation, we continue to establish ourselves as a major player in the delivery of homes in this hugely undersupplied market.”
Jehu have successfully completed eight ‘later living’ schemes in recent years, providing in excess of 450 homes. The most recent being 60 apartments in Pontypridd, for Linc Cymru as part of a £50m Extra Care investment across Rhondda Cynon Taf. They have also completed numerous Primary Health Care Centres across the region.
Jehu have been building since 1935 and have a longstanding commitment to stimulating the economy through their activities and projects. Marc Jehu Group CEO Construction said: “Our business has been around for a long time and has seen many highs and lows in the industry. This latest cycle has certainly been unprecedented. However, we have adapted and shown great resilience. The amazing support of our clients and supply chain here in Wales has been overwhelming. This together with many years of experience has enabled us to navigate these challenging times.”
Marc concluded: “This latest round of contract awards is a clear demonstration of our client’s confidence in our business. We, like many others in the industry face significant headwinds, but we have an incredible order book to deliver essential homes in Wales. We are excited about the future and look forward to continuing to strengthen and grow our supply chain and the Jehu team.”