Hyperloop prototype construction begins in Las Vegas
Elon Musk’s brainchild Hyperloop is taking form in a desert near Las Vegas. Construction has begun on the first Hyperloop prototype – known as ‘DevLoop’ – which once completed will carry six-person pods faster than the speed of sound.
The project comes from Los Angeles-based startup Hyperloop One, which is looking into building a track running from Dubai to Abu Dhabi .
Tesla and SpaceX mastermind Elon Musk first revealed the Hyperloop concept in 2012 and challenged inventors across the world to submit prototype ideas.
Hyperloop, which has been dubbed the "Concorde of commuting" works by firing capsules through an airless tube. Magnetic levitation powers the pods through a frictionless vacuum at intense speeds.
Suspended off the ground to protect it from weather and earthquakes, the test track will be a 3km enclosed loop. Hyperloop One hopes to achieve its first successful trials in early 2017.
Read the November 2016 issue of Construction Global magazine.
Henry Boot, Factory form joint venture with £1bn scheme
The property development business of Henry Boot (HBD) has announced it has formed a joint venture with international tech campus developer Factory as part of a £1bn scheme known as the Golden Valley Development.
Called HBD X Factory, the joint venture has been chosen to deliver the first phase of the scheme based in Cheltenham, which aims to focus on the development of technology in the UK. Centered around cyber and digital innovation, the development will include 3,700 new homes and 2mn sq ft of commercial space. Phase 1 aims to accommodate 111 acres of the scheme and will be located close to Factory’s first UK tech building near GCHQ.
Confirming the UK as a leader in cybersecurity
Minister for Digital Infrastructure, Matt Warman, said the £1bn development would help confirm the UK’s position as a leader in cybersecurity: “We are investing to help cyber-security businesses across the country tackle barriers to growth and boost people’s digital skills so we can usher in a golden age in UK tech.”
Commenting on the partnership, HBD Managing Director Ed Hutchinson said: “The HBD X Factory partnership reflects our focus on delivering large-scale, transformative regeneration projects – the Golden Valley Development is a hugely important project for Cheltenham, the South West region and the wider UK tech sector and we look forward to working alongside Factory to bring the scheme forward.”
It is expected that Client Cheltenham Borough Council will submit a planning application for the site in 2022 with Tewksbury Borough Council as a partner. Discussing future plans for the partnership, Henry Boot said the new JV would “focus on developing large-scale mixed-use districts and urban regeneration projects.”
Image: Henry Boot