St Helier’s Waterfront ‘Horizon’ development is now completed. The development comprises 280 apartments and 12 commercial units. Completion was reached when the third and final building, ‘Horizon West’ was handed over to its new apartment owners at the end of October. The three Horizon development buildings (West, South and East)
Wavensmere Homes and Wilson Bowden Developments have submitted a full planning application to Derby City Council for the redevelopment of one of the final plots of vacant land within Derby’s newly revitalised Cathedral Quarter. 186 one- and two-bedroom apartments are proposed for ‘Cathedral One’ within a u-shaped finely detailed red
WORK progresses on what will be one of Manchester’s tallest buildings as the above ground works take shape on the major 55-storey Tower D2 at Trinity Island scheme. Having secured funding to support the progress, the concrete frame has now started to rise above ground level, signifying the start of
Cadogan has completed a landmark £235 million development located at the heart of London’s King’s Road, as part of its continued community-led placemaking and investment. The Gaumont will comprise a rooftop bar with panoramic views from Big Ben to Battersea, a 600-seat cinema, enhanced Waitrose, flagship retail, creative space, office
Over 2,500 new homes, two parks, restored canal basin and high street proposed for the Royal Borough of Kensington and Chelsea on brownfield site Ballymore and Sainsbury’s have submitted a planning application for a major canalside neighbourhood in Ladbroke Grove. The proposed new neighbourhood has been designed to deliver 2,519
Artisan Real Estate to Progress Plans for 289 New Homes, Commercial Space and Riverside Park Ambitious proposals to demolish a vacant office complex on the edge of the Salts Mill World Heritage Site in Saltaire, Shipley and replace it with a vibrant and sustainable residential quarter and riverside park have been
A new Moston Lane Development Framework is set to be agreed by Manchester City Council following positive feedback from the local community. The consultation undertaken over the summer presented proposals for future investment in Moston Lane that aims to support the area to meet its potential over the next decade
Unbranded Finance, the UK based non-bank real estate lender, has recently closed a new revolving credit facility with Escapade Silverstone to assist with the completion of their flagship £90m development located in the heart of the Silverstone Circuit. The development, which is set to open in Spring 2024, and is
Contractor Morgan Sindall Construction has completed a new 964-space Multi-Storey Car Park (MSCP) at North Manchester General Hospital (NMGH). The firm has delivered £36.5 million of enabling works ahead of the wider rebuilding of the estate, including temporary car parking, asbestos removal, demolition and the new-build MSCP and Cycle Hub.
Grosvenor has today published a report setting out Liverpool ONE’s role in the physical, economic, and social renaissance of Liverpool. Opened in 2008, the 42-acre retail and entertainment destination transformed Liverpool city centre, connecting the city back to its waterfront and acting as a catalyst for wider regeneration activity. Over
St Helier’s Waterfront ‘Horizon’ development is now completed. The development comprises 280 apartments and 12 commercial units. Completion was reached when the third and final building, ‘Horizon West’ was handed over to its new apartment owners at the end of October. The three Horizon development buildings (West, South and East) are situated on the last remaining marina plot alongside the Radisson Hotel and Castle Quay residential development. The 280 one, two and three bedroom residential apartments have been successfully delivered by Jersey Development Company (JDC) the Government of Jersey’s regeneration arm and joint venture partner Groupe Legendre . The concept and design were created by one of the world’s leading international architecture firms, Skidmore, Owings and Merrill LLP (SOM). Horizon has also created new areas of public realm, including two new pedestrian streets that help enhance vibrancy and connectivity to the Waterfront promenades, Elizabeth Marina and new alfresco dining areas which form part of new landscaped areas. 76 apartments have been purchased by first-time buyers. Of those, 72 were able to secure their first home using JDC’s First-Time Buyer monthly deposit payment plan. The payment plan offered first-time buyers the opportunity to secure an apartment with an initial £2,000 reservation fee, and the balance of the 10% deposit paid in monthly instalments over the build programme enabling locally qualified purchasers the ability to secure their home, while renting or still living with parents. To date, the scheme has helped 117 buyers purchase their first home. Lee Henry, CEO of Jersey Development Company said: “We are delighted Horizon is now completed and we are in the enviable position of having secured legally binding pre-sales on 98% of the residential units with only six remaining available to purchase. The 280 new homes, retail and hospitality space, plus new areas of generous public realm will provide further footfall and vibrancy to the Waterfront area. We’ve received some fantastic testimonials from home owners, in particular first-time buyers who are delighted to have secured their first home and pleased with the exceptional quality of the development, the size of their home and the finishes and fixtures. I would like to take this opportunity to thank our Joint Venture partner Groupe Legendre for their unwavering commitment throughout this challenging journey which entailed navigating a series of unforeseen events leading to various delays that had to be overcome.” Luc Richard, Director of Groupe Legendre’s Jersey office said: “Horizon marks a significant milestone on St Helier’s Waterfront, and we are thrilled to see the completion of this ambitious development. The collaboration between Jersey Development Company and Groupe Legendre has resulted in the successful delivery of 280 exceptional homes and vibrant commercial spaces. We are proud to have played a role in shaping the dynamic and vibrant community that the Waterfront has become. As the ground-level commercial spaces are now ready for occupation, we eagerly anticipate Horizon evolving into Jersey’s newest and most exciting lifestyle hub, solidifying its place as a testament to growth and innovation in the heart of St Helier.” The ground-level commercial spaces within Horizon are now ready for occupation. The commercial space offers 12 food, beverage and retail establishments with four units having the benefit of alfresco dining areas. Five of these units have either been secured or are currently under negotiations with potential tenants. JDC is delighted to announce that furniture and home accessories company TLC Home has been confirmed as the inaugural commercial tenant to occupy one of the spaces at Horizon South. This reflects a strong belief in the Waterfront area’s potential as a dynamic and vibrant community, making it poised to become Jersey’s newest and exciting lifestyle hub. Building, Design & Construction Magazine | The Choice of Industry Professionals
Wavensmere Homes and Wilson Bowden Developments have submitted a full planning application to Derby City Council for the redevelopment of one of the final plots of vacant land within Derby’s newly revitalised Cathedral Quarter. 186 one- and two-bedroom apartments are proposed for ‘Cathedral One’ within a u-shaped finely detailed red brick building that rises to nine storeys. The 0.2Ha site is bounded by Full Street to the west and the River Derwent to the east. Measuring approximately 50m wide by 50m long, the site was previously occupied by a police station, which was constructed in the 1960s and demolished in 2013. Phase One of Wilson Bowden’s Full Street development was completed in 2016. It includes the refurbishment of the Riverside Chambers office complex, delivery of 46 new apartments at Number One Cathedral Green, and a Premier Inn hotel. The remaining parcel of land had been earmarked for an office development of up to 100,000 sq ft, but it will now be brought forward by Wavensmere Homes for an apartment scheme, benefiting from a vibrant waterside location, with views of the 16th Century Derby Cathedral and its 212ft tower. Also lying adjacent to the site is the Museum of Making at the restored Derby Silk Mill, which re-opened to the public in 2021. The Cathedral One residential development proposals are designed to complete the jigsaw of this prime Derby city centre site by providing dual aspect landscaped public realm over Cathedral Green, whilst enhancing the activity along Full Street. Nottingham-based Franklin Ellis Architects has drawn up plans for a red brick apartment building, inspired by the traditional architecture and heritage assets within the vicinity. In addition to the apartments, 2,000 sq ft of mixed-use space has been accommodated at ground floor level to overlook Cathedral Green and Full Street, providing an active frontage. A range of uses are earmarked for this space, including a new café and high-quality residential facilities such as a gymnasium, co-working zone, and concierge point. James Dickens, Managing Director of Birmingham-based Wavensmere Homes, said: “This challenging brownfield site occupies one of the best locations within Derby city centre and benefits from rich views of the Cathedral Quarter and the River Derwent. It has been vacant for 10 years and the opportunity to create an exemplary development, reflective of the prime gateway location is exciting. “The plans we have submitted for Cathedral One would help towards Derby City Council’s target to provide a minimum of 11,000 new homes throughout the city over the coming decade. By appropriately densifying this derelict brownfield site within such a prized and popular city location, we will create highly energy-efficient homes for well over 250 people who will then spend their time and disposable income locally. We look forward to continuing to work with Derby City Council’s Officers, Councillors, and wider stakeholders, as this planning application is considered.” The Cathedral One plans include two communal staircases, courtyard car parking provision and secure bicycle spaces. The latest green energy features will be incorporated into the design for the new homes, to enable a high EPC rating to be targeted, whilst exceeding the new Part L building regulations. Cathedral One will promote sustainable development through the use of low carbon materials, modern methods of construction, and renewable energy generation via a vast amount of roof mounted solar PV panels. Matthew Branton, Managing Director of Franklin Ellis Architects, said: “Whilst designing Cathedral One, our team at Franklin Ellis were conscious of the need for this proposed development to carefully close the wider urban block and positively front Full Street, Cathedral Green and the waterside, improving the safety, attractiveness, and animation of the adjacent public areas. “We have taken a context led approach to a layered facade design, incorporating quality detailing and a refined material palette whilst paying homage to the surrounding architecture and heritage assets, ensuring the Cathedral is always the star of the show. We have spent many months refining the design and generating these comprehensive plans, which reflect feedback from the recent public consultation, together with the Council’s Design and Heritage Review Panels – creating Derby’s most sought-after apartment development.” Derby’s array of city centre shops, amenities and attractions are located within moments of the site on Full Street, with Derby Train Station being one mile away, and reachable by foot and public transport in under 10 minutes. Regular services to London St Pancras take less than 90 minutes, while trains to Birmingham city centre take 34 minutes. Wavensmere Homes has become one of Derby’s most prominent residential developers, with the £175m multi-award-winning Nightingale Quarter becoming one of the finest regeneration and restoration assets in the region. The former Derby Royal Infirmary on London Road – which had laid derelict for a decade – has been transformed into a vibrant new community, including over 900 houses and apartments. The company has also submitted plans for the 11.5-acre (4.96Ha) historic Friar Gate Goods Yard in central Derby, which could be transformed into 276 houses and apartments, and over 110,000sq ft of commercial space. Wavensmere Homes is currently constructing two other major urban regeneration schemes, located in central Birmingham and Ipswich, and has further projects across middle England in the immediate pipeline. The Edgbaston-headquartered housebuilder has around 3,500 new homes either under construction or in planning. To view the plans and read more about the project, please visit: www.fullstreetderby.com. Building, Design & Construction Magazine | The Choice of Industry Professionals
WORK progresses on what will be one of Manchester’s tallest buildings as the above ground works take shape on the major 55-storey Tower D2 at Trinity Island scheme. Having secured funding to support the progress, the concrete frame has now started to rise above ground level, signifying the start of the superstructure phase. Greater Manchester Combined Authority appointed national real estate consultancy Naismiths to provide project monitoring services for the scheme. Naismiths and GMCA have worked together on several occasions but it’s the first time Naismiths has worked with developer Renaker. Once completed, the tower will boast 483 apartments, commercial opportunities and extensive amenity provision including a landscaped outdoor area opening up a public footpath, which will serve to improve pedestrian accessibility in the area. John Crompton, associate director of project monitoring at Naismiths, said: “We are delighted to be working as project monitoring surveyors for the Greater Manchester Combined Authority on such a significant development delivered by Renaker. “The concrete frame currently being constructed will continue to expand vertically until the structure becomes one of the tallest buildings on the Manchester skyline – something our team will be proud to have played a role in helping to achieve. “We have extensive experience monitoring significant and highly complex projects and we look forward to seeing this tower progress to successful completion.” Tower D2 at Trinity Island, Manchester will be one of four towers that will be constructed in the city as part of an overall development known as Vista River Gardens. Enabling works started in 2022 followed by formation of the basement levels. The concrete core and frame rising above ground marks a significant step for the project, which is on track to complete in 2026. John added: “Furthermore, through public and private sector collaboration, we’re supporting the local authority in reaching its goal to deliver 36,000 new homes by 2032 in line with the region’s needs.” For more information visit www.naismiths.com and follow www.linkedin.com/company/naismiths-ltd/ Building, Design & Construction Magazine | The Choice of Industry Professionals
Cadogan has completed a landmark £235 million development located at the heart of London’s King’s Road, as part of its continued community-led placemaking and investment. The Gaumont will comprise a rooftop bar with panoramic views from Big Ben to Battersea, a 600-seat cinema, enhanced Waitrose, flagship retail, creative space, office accommodation and 47 residential apartments, as well as an extraordinary art installation by renowned London-based artist Shezad Dawood. Designed by leading architects PDP Studio, with construction undertaken by UK firm Wates Group, the scheme celebrates the community, heritage and architecture of the area. Located at 196-222 King’s Road, it is named‘The Gaumont in honour of its cinematic and theatrical past as the original 1930’s Gaumont Palace Theatre building*, and as tribute to William Friese-Greene, creator of the first moving image whose studio was based nearby in the 19th century. In recognition of the cultural significance of the Gaumont Palace building, the grandeur of its façade has been sensitively renovated, preserving unique Art Deco details and embellishments. Hugh Seaborn, CEO of Cadogan, said: “The purpose of this project has always been to reinvigorate the King’s Road’s distinct character and contribute to its rich legacy, whilst seeing it enter a new era – from the independent ‘creative cluster’, cinema, major new public art commission to the beautifully restored façade. There are many other plans underway such as finding space for immersive cultural pop-ups, a ‘pub theatre’ and the right new operator to keep institutions like the 151 Club alive. The Gaumont is a major part of a wider revitalisation plan for one of the world’s most famous high streets.” Mark Craig, Regional Director for Wates Construction London said: “We worked closely with Cadogan to implement an innovative solution to support the historic art deco façade of the original Gaumont Theatre building while it was restored by specialists, bringing back to life some of the original features and preserving this iconic London landmark. At the same time, we used modern methods of construction to reduce carbon emissions and improve efficiency. Through all our work, we look to bring benefit to the local community, and we’re pleased to have donated £83,000 in cash and in-kind donations to local charities, as well as investing 1270 hours volunteering and supporting the local community during the project.” Following a community consultation, which highlighted the resounding call for more independent outlets and spaces focused on the arts, music and literature, a cluster of small spaces in The Gaumont will be home to independent creatives to strengthen and encourage King’s Road position at the epicentre of London’s art, fashion, design and music scene. This follows a local consultation by Cadogan in 2015 which led to the creation of Pavilion Road as an artisan food ‘village’ with extensive outdoor seating and full pedestrianisation. A new addition to the building is the commission of a significant new piece of public art. Selected by a local cultural panel including members of the Chelsea Arts Club, V&A and Royal Society of Sculptors, the internationally acclaimed artist Shezad Dawood has been commissioned to create an artwork for the façade of the building. Two panels, each 6m x 2.9m, will occupy the positions of the historic panelling which featured latest film releases. Hand-sculpted from ceramic tiles with beautiful multicoloured glazes, the work pays homage to the heritage and memory of the site for local residents and communities. Building, Design & Construction Magazine | The Choice of Industry Professionals
Over 2,500 new homes, two parks, restored canal basin and high street proposed for the Royal Borough of Kensington and Chelsea on brownfield site Ballymore and Sainsbury’s have submitted a planning application for a major canalside neighbourhood in Ladbroke Grove. The proposed new neighbourhood has been designed to deliver 2,519 new homes, of which at least 500 will be affordable, plus two parks and a local high street with a reinstated, historic canal basin at its heart. Plans also include over 90,000 sq ft of high street shops, cafes and restaurants as well as a new Sainsbury’s Supermarket (130,000 sq ft) – with no day of trading to be lost between the transition from the current store to the new. The proposed neighbourhood would deliver much-needed new homes for London on a brownfield site already allocated for development by RBKC and the GLA / Mayor of London. The 19-acre site is one of the largest remaining brownfield sites in RBKC, and a large proportion of the site has been closed off to the public for over 40 years as a former gasworks site. In addition to the current Sainsbury’s Ladbroke Grove Supermarket, the site has most recently been occupied by industrial uses, including a scrap metal processing facility and commercial storage. Bordering the Grand Union Canal to the north and railway tracks to the south, the site is part of the Kensal Canalside Opportunity Area, identified in the Mayor’s London Plan. The masterplan, by FaulknerBrowns Architects, has been shaped over the last three years, in close consultation with the local community, local councillors, planning officers and the GLA, to create a place that meets the area’s current and future needs. These contributions have been invaluable in guiding the design process. The architectural approach takes its inspiration from local Regency and Victorian design, as well as its setting close to Kensal Green Cemetery, the Grand Union Canal and the wider area’s rich cultural mix. Two public parks and inclusive play spaces, designed by landscape architecture and design practice, Spacehub, form part of the proposals, as well as diverse natural habitats and interventions to support urban wildlife and biodiversity net gain. This includes grassland, woodland, wetland and canal basin habitats. In total, the neighbourhood will offer over 8.5 acres of high quality, publicly accessible open space. Situated around 15 minutes’ walk from four tube stations (Kensal Green, Kensal Rise, Ladbroke Grove and Westbourne Park), the plans encourage sustainable travel with new bus stops, pedestrian links and cycle routes and improved access to the canalside path. In response to Transport for London’s focus on active travel and pedestrian and cyclist safety as a priority, signalised junctions will be introduced on Ladbroke Grove and Kensal Road. A comprehensive sustainability strategy aims to maximise renewable generation and green infrastructure to produce zero emissions on site.. Heating and cooling will be provided by air source heat pumps and the development will feature solar panels and sustainable urban drainage systems. The scheme has been based on sustainable design and construction practices, adopting circular economy principles by considering the lifecycle of materials and minimising waste. John Mulryan, Group Managing Director, Ballymore, said: “Kensal Canalside is one of the last remaining major brownfield sites to be developed in London and the largest in the Royal Borough of Kensington and Chelsea. The scale and location of the site – in one of London’s 48 Opportunity Areas – presents a real opportunity to create a thoughtfully designed, accessible and sustainable canalside neighbourhood with strong transport links. “There are over 3,000 households on RBKC’s housing waiting list. Our proposals will make a positive and significant contribution towards reducing that figure. Kensal Canalside will provide a significant number of much-needed homes, plus a variety of retail spaces as well as open green spaces and a community leisure and amenity space that our residents and the local people can enjoy.” Patrick Dunne, Group Property and Procurement Director, Sainsbury’s, adds: “The development of the Kensal Canalside Opportunity Area will revitalise a key brownfield site in the Royal Borough of Kensington and Chelsea, delivering places for people to live, work, shop and relax, and providing a significant boost to the local economy. “The plans will allow us to deliver a brand-new, state-of-the-art Sainsbury’s supermarket for the local community to enjoy, and we’re proud that we are providing continuity to our customers by keeping our existing store open until the new one arrives. The larger, more modern and more spacious superstore will stock a wider range of our great value, high-quality food and non-food products and will build on our track record of offering fantastic service to our customers in Ladbroke Grove.” Ben Sykes, Partner at FaulknerBrowns Architects, said: “The masterplan is inspired by its characterful setting, where Ladbroke Grove meets the sweeping Grand Union Canal and the open space at Kensal Green. In response, our design has been built around public spaces, including a restored canal basin, play spaces and adding gardens and groves to the borough, to create a series of smaller neighbourhoods with a rich mix of uses and a strong sense of personality and place. “We are delighted to see the proposals submitted, after working with local residents, the local council, Ballymore, Sainsbury’s and the entire project team for almost four years, to research, design and develop the masterplan.” The development will create a minimum of 2,000 permanent long-term jobs and provide a significant boost to the local economy, amounting to approximately £37 million annually. The scheme will also deliver funding for social infrastructure within the local community such as healthcare and schools. The Notting Hill Carnival, which launches from the site, will be preserved as a close and long-term partner, and plans to create a new family friendly Carnival experience are being explored. If planning is successful, the 11-year construction programme is estimated to start in 2025. The first homes will be delivered in 2030, along with the new Sainsbury’s store and the neighbourhood centre around the restored canal basin. Building, Design & Construction Magazine | The Choice
Artisan Real Estate to Progress Plans for 289 New Homes, Commercial Space and Riverside Park Ambitious proposals to demolish a vacant office complex on the edge of the Salts Mill World Heritage Site in Saltaire, Shipley and replace it with a vibrant and sustainable residential quarter and riverside park have been given the go-ahead by Bradford Council in late September. Urban regeneration specialist Artisan Real Estate will now progress with its ‘transformational’ redevelopment of the 11-acre site, sandwiched between the River Aire and the Leeds & Liverpool Canal, which was formerly home to an HMRC office block that closed in October 2021. Artisan’s plans for the new ‘Saltaire Riverside’ development include the provision of 289 new homes, more than 5,000 sq. ft. of commercial office space designed for flexible working and a café facing on to a new ‘pocket’ park and piazza. A sizeable riverside park will seamlessly link the development to the River Aire, providing woodland, grasslands and lawns to act as a natural flood water storage area whilst pedestrian links will provide direct access to Saltaire Rail Station and the canal towpath. Welcoming the planning approval, James Bulmer, Development Director for Leeds-based Artisan North said: “We are naturally delighted that our transformational vision for this vacant site next to an UNESCO world heritage site is now set to become a reality. This is a hugely exciting development that will spectacularly open up a large riverside area that has effectively been closed to the public since the 1970s when the HMRC complex was built. Our proposals will bring interest and investment to the area and provide a natural, contemporary extension to the existing Saltaire footprint. Our completed development will become a modern interpretation of the neighbouring Saltaire village, bringing much needed sustainable family housing in an accessible, well connected and environmentally responsible setting.” He added: “Progressing such a large development on the very edge of a UNESCO World Heritage site brings its own set of challenges and responsibilities, and we have taken time to understand and reflect the unique historical contexts of the Salts Mill location. Our final proposal, developed in partnership with Yorkshire-based architects Axis Architecture, is the result of a more than 18-months of design and architectural planning. This has been supported by a comprehensive and broadly very positive public consultation programme – including two design workshops with local stakeholders and three major public events.” Artisan’s scheme will demolish the existing seven-storey HMRC building which consists of two large hexagonal office blocks, with a construction start on site forecast for early 2024. The niche developer has a strong track record in delivering complex residential and mixed-use regeneration projects in sensitive urban and city-centre environments – including the award-winning New Waverley in the heart of Edinburgh’s Old Town, the refurbishment of the historic Everard’s Printworks in Bristol’s Old City and the transformation of Glasgow’s 19th century Custom House into a vibrant hotel quarter overlooking the River Clyde. Mr Bulmer added: “Our proposals for Saltaire Riverside herald another significant addition to Artisan’s enviable list of sensitive regeneration projects, in highly desirable and historic regional locations across the UK. “From our regional office bases, we are creating dynamic investment platforms to deliver transformational and sustainable development to the benefit of our towns and cities – and the people who live, visit and work in them. With these pioneering projects and investment, Artisan has the opportunity to turn the development spotlight firmly on high-quality and sustainable city centre regional development across the UK.” Prior to the HMRC development, the Saltaire Riverside was used as occasional storage shed area, allotments and grazing land for canal ponies. Saltaire Village is named after Sir Titus Salt who built a textile mill known as Salts Mill and the supporting village overlooking the River Aire in the second half of the 19th century. Designed by architects, Lockwood and Mawson, Saltaire followed in the footsteps of other model settlements in providing a relatively healthy environment for workers to reside and work. Saltaire has beautiful Italianate architecture and a rich history and was designated a World Heritage Site by UNESCO in 2001.The village is considered an outstanding example of mid-19th century philanthropic paternalism and had a profound influence on developments in industrial social welfare and urban planning in the United Kingdom and beyond. For more information about Artisan’s Saltaire Riverside development, visit: www.saltaireriverside.co.uk. For more information on Artisan Real Estate visit www.artisanrealestate.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals
A new Moston Lane Development Framework is set to be agreed by Manchester City Council following positive feedback from the local community. The consultation undertaken over the summer presented proposals for future investment in Moston Lane that aims to support the area to meet its potential over the next decade and more, including a new public square, improved green spaces and affordable housing. The proposals set out a vision for Moston Lane as a ‘vibrant centre where families, community and culture mix along rejuvenated street and new community focused spaces.’ Around 500 responses were received through the consultation process with the headline proposals positively received. The key themes fed back from the community included: Following consultation, the updated development plan includes seven opportunities for change on Moston Lane – building on the area’s strengths and identifying investment: The Council has also already been awarded £5million through the Government’s Shared Prosperity Fund (SPF) to invest and improve district centres across Manchester. Building, Design & Construction Magazine | The Choice of Industry Professionals
Unbranded Finance, the UK based non-bank real estate lender, has recently closed a new revolving credit facility with Escapade Silverstone to assist with the completion of their flagship £90m development located in the heart of the Silverstone Circuit. The development, which is set to open in Spring 2024, and is already over 85% sold, comprises 60 Residences and a trackside Clubhouse. It includes a swimming pool, sauna, driver-focused gym, restaurant and roof terrace. Escapade was advised in the transaction by London based residential and hospitality financing experts, RCP Finance, who were also responsible for arranging the construction financing for another recently completed development at Silverstone. Escapade Silverstone provides the opportunity for individuals and corporates to own a piece of the world-famous Silverstone venue, home of the British Formula 1 Grand Prix. Two-, three- and four-bedroom residences are available for purchase, all sitting within the 14-acre Escapade Silverstone site. Located just 12 metres from the edge of the track and next to Silverstone’s fastest and most beloved series of corners, the Clubhouse and Trackside Residences have far-reaching views across much of the Silverstone estate. Owners will be able to uniquely benefit from the hospitality returns generated from the 1.2 million+ visitors that are attracted to Silverstone each year, the 7 million visitors that head to nearby Bicester Village, and a central UK location which ensures 50% of the population are within a 90-minute drive. It will also offer a private space to stay and entertain, owners will have year-round access to the Clubhouse and all its amenities, even when not staying overnight, as well as priority access to the legendary tarmac and tickets to all events. Unbranded co-founder, Oliver Holt, said: “Escapade Silverstone is an ambitious, creative and original concept which has proven to be highly successful. With construction now 70% completed, and only a few properties remaining, it demonstrates the huge demand for this motorsport centric ownership and investment opportunity. We were immediately impressed with Will Tindall and the wider Escapade team’s vision and execution of this exciting project. Unbranded remains committed to providing funding for best-in-class borrowers with high quality property assets like Escapade Silverstone. Will Tindall, Founder and CEO of Escapade, said: “The Unbranded team have personal interests in motorsport, deep knowledge of the hospitality sector, and a strong understanding of the project requirements. They have proven to be a highly flexible partner, quick to respond, and a pleasure to deal with at each stage. We have now sold over 85% of the properties and are nearing construction completion. We’re looking forward opening in Spring 2024 and being able to work with Unbranded on our future projects”. Christopher Khoi, Managing Director of RCP Finance, said: “I’m thrilled to have teamed up with the Unbranded team and the dynamic Will Tindall at Escapade to put together this financing solution. We can proudly announce that this is our second successful transaction at the racetrack. We are looking forward to closing more hospitality and lifestyle related financing transactions across the UK, Europe and overseas”. Building, Design & Construction Magazine | The Choice of Industry Professionals
Contractor Morgan Sindall Construction has completed a new 964-space Multi-Storey Car Park (MSCP) at North Manchester General Hospital (NMGH). The firm has delivered £36.5 million of enabling works ahead of the wider rebuilding of the estate, including temporary car parking, asbestos removal, demolition and the new-build MSCP and Cycle Hub. The MSCP is now open to NMGH staff and will be fully open to the public in the coming months following Morgan Sindall’s completion of further external hard landscaping, including the installation of 36 electric vehicle charging points. NMGH – located in Crumpsall, 3.5 miles outside Manchester city centre – is one of the hospitals to receive funding through the Government’s New Hospital Programme, backed by an initial £3.7bn to deliver 40 new hospitals across the country by 2030. NMGH is at the heart of an exciting vision to improve health and wellbeing for local people over the next 10 to 15 years. Alongside health and care services fit for the 21st century, the redevelopment will provide the employment, housing and economic opportunities that are key to generating long term growth and prosperity for North Manchester. The project, led by Manchester University NHS Foundation Trust and Greater Manchester Mental Health NHS Foundation Trust with Manchester City Council and the GM Integrated Care Board, will not only provide essential redevelopment to an estate in critical need of investment, but also serve as a catalyst for the wider economic regeneration of North Manchester. In delivering this project, Morgan Sindall deployed its Intelligent Solutions approach to ensure minimal disruption to the hospital estate, ensuring departments could provide continuity in vital healthcare services for all patients and staff within the live hospital environment. Morgan Sindall also delivered a comprehensive social value plan that has provided a significant return on investment into the local community. The plan, as well as addressing the specific local requirements of North Manchester communities, has also supported the Greater Manchester Living with Covid Resilience Plan. This included the creation of a Knowledge Quad on site – a multi-purpose training and learning facility located within a live construction environment. It delivers value by undertaking activities focusing on the four key areas of skills, education, employment, and discovery. Building, Design & Construction Magazine | The Choice of Industry Professionals
Grosvenor has today published a report setting out Liverpool ONE’s role in the physical, economic, and social renaissance of Liverpool. Opened in 2008, the 42-acre retail and entertainment destination transformed Liverpool city centre, connecting the city back to its waterfront and acting as a catalyst for wider regeneration activity. Over the last 15 years, Liverpool ONE has: Source: Grosvenor management data and economic impact analysis conducted by Deloitte An early example of Levelling Up in action, Liverpool ONE was developed by Grosvenor in partnership with Liverpool City Council. Designed to revive the city’s fortunes by creating 2.5 million sq. ft. of retail and other uses, it is one of the largest city centre regeneration schemes of this century. Thanks to a shared vision and an effective public private partnership between Liverpool City Council and Grosvenor, the complex project was completed within an ambitious timetable to coincide with the city’s year as European Capital of Culture in 2008. Its opening reactivated the centre of the city, re-establishing Liverpool’s status as a pre-eminent retail destination, propelling the city from the UK’s 17th most popular retail destination to fifth. Over the last 15 years, Grosvenor’s management of Liverpool ONE has seen it become one of the UK’s leading retail and entertainment destinations, with average spend per head increasing by 89%, sales increasing by 195% and the catchment area increasing by 77%. The destination has consistently demonstrated its ability to attract brands to open their first stores outside London, or to choose Liverpool ONE as the home of their portfolio flagship. In the last five years alone, Grosvenor has signed, renewed or regeared almost 70 brands. These include international leaders like Inditex, with Liverpool ONE the only destination outside London to have Zara, Bershka, Pull&Bear and Stradivarius. The destination is also home to the largest JD Sports in the world and the £10m Gravity MAX, which represents the pinnacle of the entertainment experience brand’s portfolio of locations. Alongside the considerable economic impact, the destination has played an important role in the community, with the Liverpool ONE Foundation donating £3m to support young people and promote positive mental health and wellbeing. It has also been a willing partner in supporting the city in hosting global events including Eurovision 2023 where a full programme of free events took place across Liverpool ONE’s streets and green spaces. Rachel Dickie, Executive Director of Investment at Grosvenor, commented: “Whilst today marks 15 years of Liverpool ONE, Grosvenor’s commitment to the city, first as developer, now as co-owner and manager of Liverpool ONE dates back nearly 25 years to the inception of the project in 1999.” “From the outset, we were committed to creating a new city centre to an exceptional level of quality. This, combined with a focus on contemporary urban design, place shaping and sensitivity to local identity has underpinned Liverpool ONE’s attractiveness to occupiers and visitors for almost a generation.” “A willingness to invest for the long-term and build effective partnerships are vital to the success of the UK’s towns and cities. This report shows the positives that can come from bold and creative regeneration. And, despite the increasing constraints on the public and private sectors, we need to learn the lessons from success stories like Liverpool ONE to drive future growth and meet the challenges faced by communities across the UK.” Leader of Liverpool City Council, Cllr Liam Robinson, said: “Liverpool ONE is a phenomenal asset for our city. Its design didn’t just reshape our city centre, it reimagined it. Its offer didn’t just reinvigorate our retail offer, it reinvented it. Its appeal didn’t just stay within the city, it reached out across the UK and beyond. In many ways Liverpool ONE redefined this city’s potential. It realised a new city centre where our amazing waterfront no longer felt disconnected. As a destination, an employer, and a partner, it’s been a hallmark of excellence these past 15 years and shows every sign of continuing to be so. Here’s to everyone who helped it on its journey and here’s to another 15 years of success.” Building, Design & Construction Magazine | The Choice of Industry Professionals
