Manchester Placefirst targets £110m revenue

Aaron Morby 7 years ago
Share

The construction arm of Manchester developer Placefirst is on a big expansion drive after a trio of senior appointments.

Frank Mondino, Johnson Mulk and Pete Adams will steer expansion plan
Frank Mondino, Johnson Mulk and Pete Adams will steer expansion plan

Former Keepmoat area director Frank Mondino has joined as managing director of Placefirst Construction with the ambitious target of lifting turnover from £28m this year to £110m by 2022.

The developer, which started out refurbishing derelict terraced properties in small northern towns, now benefits from a strong national pipeline of development sites that will enable it to build 4,000 homes for market rent by 2022.

At Keepmoat, Mondino managed a development portfolio worth almost £100m and a 1200-strong workforce, including subcontractors.

During 22 years at Keepmoat Regeneration and its predecessor Bramall Construction, he worked across several sectors including residential and commercial.

He will be joined at Placefirst Construction by commercial director Pete Adams, former commercial manager at Wates who worked on schemes such as £60m student accommodation at Circle Square, Manchester for Select Property Group and an £82m project to deliver 1,500 homes and apartments.

Prior to his time at Wates, Adams held the same post at Galliford Try Partnerships.

Completing the three senior hire is Johnson Mulk, formerly technical manager at Prospect (GB), where he was solely responsible for the technical performance of the business and specialised in key areas of expertise including, planning, surveying, civil infrastructure, structural engineering and the delivery of feasibility reports on brownfield and greenfield sites.

Mondino will head a team of 21 specialists in the construction division of Placefirst, forming a key element of a total workforce of 44.

Placefirst is delivering around 500 residential units annually within a mix of tenures including rented and open market sale, across the North West of England for both private and social landlords.

The firm’s secured pipeline of housing developments sites include Bolton, County Durham, Sheffield, Morecambe and Wolverhampton.

David Smith-Milne, managing director and founder of Placefirst, said: “The essential and additional skills and invaluable experience of Frank, Johnson and Pete will help our excellent construction team to realise our ambition of doubling our housing output in just two years thanks to a strong and growing pipeline of projects in the private rented sector of the North and Midlands.”

Latest news

Bid rigging probe launched into school repair work

Firms raided this week with focus on roofing contracts
14 hours ago

Government commits to four new prisons in seven years

£2.3bn pledged for new prison build programme
14 hours ago

Go-ahead to revamp former London city hall

Project will straighten the building's leaning profile with terraces to every level
3 hours ago

Credit insurance saves Billington from ISG hit

Steel specialist puts on extra shifts at its plants to cope with demand
19 hours ago

M&E specialist Dodd doubles profit on retrofit surge

Family-owned Telford specialist delivers record revenue of nearly £250m
18 hours ago

Go-ahead for 800-home Croydon dual towers

One Lansdowne Road build to rent scheme to cost £260m to build
19 hours ago

Construction inflation set to return raising tender prices

End of 2024 to mark the bottom of present inflationary trough
19 hours ago

Start date for vast Balfour and Costain carbon capture power job

£4bn Teesside project to start construction next year creating 3,000 jobs
1 day ago

Plans go in to start revamp of North Finchley town centre

Developer Regal unveils first details of Barnet masterplan
19 hours ago

Glencar bags £18m Big Yellow London store

Six-storey stoarage centre to be built at Staples Corner
18 hours ago

Plan unveiled for 31-storey London Fenchurch Street tower

Demolition work to start in 2026 for new office tower
2 days ago

Vinci Building buys tower cranes for first time

Contractor invests in two WOLFFKRAN all-electric cranes at £138m Sheffield site
2 days ago

30 local firms land United Utilities £500m framework

Minor works deal win for North West civils and M&E specialists
2 days ago

Restructure pays off as Higgins returns to profit

Housing contractor recovers from £25.9m loss last year
2 days ago

Former Heathrow boss joins Mace in board rejig

Firm completes string NED appointments to expanded group board
3 days ago

Planning officers to get powers to bypass committee stage for housing

Rayner reform plan to cut out local council planning committees
3 days ago

National Insurance hike to delay construction recovery

Arcadis paints varied picture with full recovery delayed until 2026
3 days ago

Gratte Bros rides out cost rises with profit increase

M&E specialist warns of further upward pressure on wage costs
3 days ago

Sellar’s 36-storey London City office tower approved

Demolition work to start in 2026 at 60 Gracechurch Street site
5 days ago

Roofers caught using phone lights to work at night

Roofing boss handed suspended prison sentence for lack of edge protection
3 days ago

£380m North West housing framework out for bid

St Helens-based Torus aims to build 9,000 homes by 2029
3 days ago

Historic property magazine to close

Estates Gazette has been in business since 1858
5 days ago

M&S Marble Arch rebuild approved after three-year planning fight

Plans were delayed when Michael Gove backed carbon campaigners
6 days ago

£191m revamp funding approved for London Barbican Centre

Construction to start in 2027 on five-year programme
6 days ago

RED Construction tops £100m turnover

Builder maintains profit margin at 1.7% as business nearly doubles in size
6 days ago

Timber designs shortlisted for roads ‘footbridge of the future’

Three of five designs for National Highways propose timber structures over busy highways
6 days ago

PM pledges to fast-track 150 infrastructure schemes

Fresh promise to speed up planning decisions on infrastructure and house building
7 days ago

Amey FM firm fined after legionella kills prisoner

Court fines company £600,000 for prison upkeep failures
6 days ago

Buyers report boom in commercial work

Construction bucks slowdown in general economy
7 days ago

Plans in for £250m Stockport 8 housing-led scheme

Work to start on phase 1 by the end of next year
7 days ago

Contractor services