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Shopping Centres Midas Group Executive Summary Highlights Shopping Centres Midas Group Executive Summary Highlights With an annual turnover for 2018/2019 of £260m, turnover Midas is one of the largest independent property services providers in the UK. £260m Founded in 1976, Midas began life as a local building and civil engineering company in Devon. The company has seen significant growth over the years through ambitious and innovative management teams that have taken the business into new sectors and geographic locations. We now provide a repeat business complete range of construction related services, from seven regional offices, across numerous sectors including education, leisure, commercial, industrial, Birmingham health and residential for both public and private sector clients. 81% The Midas Group operates five companies: average customer Midas Construction satisfaction is the largest company within the Midas Group and offers a complete range of construction related services to both public and private sector organisations. 87% Mi-space Newport is a specialist company operating within the housing sector, providing Bristol our average CCS score innovative and sustainable construction, refurbishment and development services. Midas Developments 39/50 industry average = 35.5/50 is the property development division, focusing in industrial and Southampton commercial projects covering all aspects of development from speculative projects to pre-lets. consecutive RoSPA Order Exeter Midas Retail of Distinction Awards for provides fast-track construction solutions for a wide range of both Health & Safety small and large scale retail projects. Indian Queens Plymouth 16 Midas Interiors is the specialist refurbishment and fit out arm of the Midas Group. Shires Gateway Location: Wiltshire Project Summary Client: Parkridge Part of the ‘Transforming Trowbridge’ Value: £14m redevelopment, this town centre Duration: 71 weeks project involved creation of a shopping and residential space, providing Trowbridge with an investment of £35m and creating over 200 jobs for the local community. Works included: over 75,000ft² of retail space with seven major and eight smaller units; 13,000ft² of commercial offi ce space over two fl oors; 11 residential fl ats; and a 255-space car park. Midas completed the infrastructure including road and footpath safety improvements for pedestrians and cyclists, and created a courtyard with boutique-style units, cafés and coffee bars. The centre is surrounded by live businesses, adjacent to a railway line and nursing home, and was used as the main thoroughfare for the town’s shopping area. Midas delivered a robust traffi c management plan, safely segregated the works and established 24-hour security measures. Queens Arcade Location: Cardiff Client: Sapphire Retail Fund Ltd Value: £2.4m Duration: 40 weeks Project Summary The scheme involved the design and construction of an extension to the existing shopping mall at Queens Arcade. This included the infi lling of the existing entrance well leading into the complex, together with the establishment of a high quality façade along the Queen Street building line. Works included the removal of existing escalators and the construction of replacement escalators within the mall together with the formation of two high quality retail units over two fl oors. The project increased the lettable retail space by over 14,000sqft and included a new 15m glass atrium for an enhanced arrival experience. The existing electrical and mechanical services were also extended to service the new trading areas. All works were carried out without any disruption to the daily trading activities of the mall. Regent Arcade Location: Gloucestershire Client: Canada Life Ltd Value: £9.8m Duration: 65 weeks Project Summary roofs in the country with an extensive scaffolding system in place to act as This project involved the a crash deck. The team took special redevelopment of Cheltenham’s care to ensure the £400,000 clock Regent Arcade, which houses the continued functioning throughout. town’s famous Wishing Fish Clock and is the heart of high street The project included new marble shopping in the Cotswold’s largest fl ooring, updates to lifts and retail hub. escalators, and replacement or repainting of all cladding. Following The project involved extensive works successful completion, the client whilst the shops remained open and asked the project team to develop trading, requiring Midas to complete plans for phase three, which involved 90% of the project at night. To safely extensive demolition and construction construct the new glass roof, Midas works to the façade of the building. installed one of the longest temporary John Lewis Location: Gloucestershire Client: Blackrock Investments & John Lewis plc Value: £14m Duration: 63 weeks ‘Best Large Commercial Project’ @ LABC West of England Building Excellence Awards 2018 Customer Satisfaction 88% Project Summary through regular meetings with arcade entrance and refurbished the Cheltenham Town Council to 100,000sqft car park. The structure The BREEAM Very Good coordinate works. Situated in a is steel frame with Schuco curtain refurbishment of Beechwood Place prominent position on the high walling and a double height glazed shopping centre in Cheltenham, to street, the store aims to signifi cantly façade featuring etching, stone create a two-storey fl agship John boost the area’s retail market. detailing and metalwork. Lewis store. Midas completed shell works to provide over 157,000sqft This design and build contract Midas met the sustainability of retail space, followed by internal included soft strip and demolition requirements through provision works under direct appointment from works, installation of lifts and of secure bicycle storage and John Lewis to enable their fi t out. escalators and construction of a implementation of an energy roof light with atrium roof covering. effi cient, low carbon building design The site presented a challenging The team constructed a bridge constructed from responsibly location that Midas managed followed by soffi t treatment to the sourced, durable materials. Customer Customer Hempstead Valley Satisfaction Next Satisfaction 90% 93% Shopping Centre Location: Gloucestershire Client: Blackrock Investments Location: Kent meeting rooms, four toilets, two kitchens, a CCTV room and a Value: £2.3m Client: British Airways Pensions Investment Management Ltd community hall. Duration: 36 weeks Value: £5m The structure is pile foundations and Duration: 40 weeks steel frame with blockwork elevations Project Summary Project Summary and render fi nish and a single ply membrane roof. A roof canopy Midas completed the design and Midas constructed this multi-use, provides covered alfresco dining. build renovation and remodelling of two-storey unit at a shopping centre a Next store in Beechwood Place site in Gillingham. The team resurfaced the access shopping centre, on a constrained road, service area and car park site in a prominent location on The building features seven retail and completed landscaping. Midas Cheltenham high street. To manage units, including six restaurants and completed the ground fl oor to shell the challenging site the team one bank, a management suite and and core; the client added fi t out of implemented a bespoke traffi c community hall. The management the fi rst fl oor to the contract during management plan with use of a suite includes two offi ces, two construction. concertina barrier system and trained vehicle marshals. Midas reconfi gured and extended the fi rst fl oor level, demolishing the high street frontage and replacing it with a new façade and double- height entrance. The new entrance connects with a steel frame fi rst fl oor roof structure. Works included creation of escalator and lift pits, installation of a drainage system and construction of a galvanised steel access staircase. The fi nished project features roof fl ights, glazing, wall cladding, façade curtain walling and external Regency rendered features. Midas secured the works following successful completion of the John Lewis store in the same centre for the same client. Next Bluewater Location: Kent Client: Next Group plc Value: £6.2m Duration: 46 weeks Silver CCS 2016 National Site Award Project Summary This project involved the phased refurbishment and reconfi guration of a two-storey Next store at the Bluewater Shopping Mall, Dartford. The refurbished store provides nearly 80,000ft² of internal space. Works involved demolition and refurbishment of retail units whilst the surrounding shopping centre remained open to the public. Midas extended the fl oor space on both levels, incorporating the adjacent units, to allow room for the creation of a new Lipsy woman’s area, a men’s department, a women’s department and a children’s department for Next. The staff facilities included administration offi ces, toilets, cash and communication rooms, staff canteen and training space. Midas completed the works over three phases, including works on a Next satellite warehouse based three miles away. Works to the satellite warehouse included demolition of existing racking and refurbishment of electrics, new lift and mezzanine fl oor and installation of a full racking system. Riverside at Coal Orchard Gloucester Quays Outlet Location: Taunton Project Summary with a stepped terrace maximise its Location: Gloucestershire Midas completed works in three The project included M&E, steel riverside location. distinct areas of this city centre frames, cladding and remedial works Somerset West & Gloucester Quays LLP Client: Design
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