Power of Public-Private Partnership - Newspaper

AT A TIME OF SOCIAL AND ECONOMIC UNCERTAINTY HOW DO WE DELIVER THE HOMES, JOBS AND ENVIRONMENTAL SUSTAINABILITY WE NEED FOR OUR FUTURE? uandiplc.com

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

THROUGH THE POWER OF PUBLIC-PRIVATE PARTNERSHIP PARTNERSHIP THAT UNLOCKS VALUE, INVESTS IN COMMUNITIES, MAKES PLACES BETTER AND DELIVERS TRANSFORMATIVE ECONOMIC GROWTH AND POSITIVE SOCIAL IMPACT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

THE TIME IS NOW The economic uncertainty of our post-Covid, post-Brexit world means partnership working is vital to deliver economic growth with the greatest possible positive social and environmental impact.

POSITIVE IMPACT Far from being a threat, this new world presents us with a huge opportunity to deliver purpose-driven, mixed-use development that creates the homes, jobs and environmental sustainability we need for our future.

THE POWER OF PARTNERSHIP Only through successful, mutually beneficial partnership between the public and private sectors can we leverage the expertise, community, support and capital we need to thrive.

AT U+I, THIS IS WHAT WE DO

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

PUBLIC-PRIVATE PARTNERSHIP RETHOUGHT

MAYFIELD PARK, MANCHESTER The first new public park in Manchester for over 100 years.

Delivered in 2022 by U+I and funded jointly through private and public investment.

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I IS A SPECIALIST MIXED-USE REGENERATION DEVELOPMENT AND INVESTMENT COMPANY WITH A LONG TRACK RECORD OF WORKING SUCCESSFULLY IN PARTNERSHIP WITH THE PUBLIC SECTOR WE INVEST IN PLACES AND MAKE THEM BETTER WE INVEST IN COMMUNITIES AND MAKE THEM STRONGER WE INVEST IN PEOPLE AND MAKE THEM MORE SUCCESSFUL

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

AT A GLANCE We have a 26-year track record of delivering change in the places where we build. Our mixed-use public private partnership regeneration projects take unloved and overlooked land and through clever design, planning and curation create places that deliver jobs, economic growth, homes, huge social impact and communities with a future.

We have done it many times and we are good at it.

ÂŁ10.5bn

20,000

GDV in our current pipeline

jobs created by 2030

18,500

7m+

new homes built by 2030

sq ft commercial space

26

40

local authorities where we are active

projects in our pipeline

1,000

ÂŁ10.5bn

events and community activities held at our meanwhile sites

socio-economic value added to the communities where we build in next 10 years

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

CREATING HUGE SOCIO-ECONOMIC IMPACT IN THE PLACES WHERE WE BUILD U+I’s focus on complex, mixed-use regeneration allows us to deliver lasting economic, environmental and social benefits for the communities where we build.

With our public sector partners, we transform overlooked, underestimated brownfield land into vibrant new neighbourhoods that deliver exponential socio-economic value to their surrounding economies.

Our current portfolio of regeneration projects will deliver more than ÂŁ11bn in socio-economic value to the places where we are building in the next 10 years.

We have a proven track record in creating new income streams for our public sector partners when they want to directly invest in the regeneration of their own assets.

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

EIGHT ALBERT EMBANKMENT The London Borough of Lambeth’s planning committee resolved to grant planning consent for our £500m partnership with the London Fire Brigade in December 2019. Plans include the delivery of a new fire station and a permanent home for the London Fire Brigade Museum from the development of 443 new homes and 100,000 sq ft of commercial office, retail and leisure space.

In partnership with:

£500m GDV

443

1,300

NEW HOMES

NEW JOBS

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

IGNITING GR0WTH IN AN INNOVATIONFOCUSED CITY

PRESTON BARRACKS Working in partnership with Brighton & Hove City Council and the University of Brighton we are currently delivering Brighton’s biggest ever regeneration project. Once deemed ‘undevelopable’, a council-owned site, derelict for many decades, is now the new northern gateway to the city. Preston Barracks includes a new student campus, homes, retail, commercial office space and an innovation hub – Plus X - completed and opened during Lockdown in July 2020, that delivers a 160x multiple of GVA to the local economy over a traditional office building.

In partnership with:

5

£200m

ACRES

GDV

369

1,500

NEW HOMES

NEW JOBS

534

50,000

STUDENT BEDROOMS

SQ FT PLUS X INNOVATION HUB

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

CREATIVE CITY CENTRE REGENERATION

CIRCUS STREET Further south in the centre of Brighton, a scheme to transform an old municipal market hall, empty and semi-derelict for decades, is close to completion.

In late 2020 a new civic quarter in Brighton will provide a sustainable, productive, healthy model of city life with inspiring architecture, beautifully landscaped public spaces and a programme of public art befitting Brighton’s status as one of the UK’s most creative cities. A standalone dance theatre is at the heart of our site’s cultural offer, funded entirely from the commercial and residential elements of the scheme.

In partnership with:

2.4

£130m

ACRES

GDV

450

50,000

STUDENT BEDROOMS

SQ FT GRADE A OFFICE SPACE

142

14,000

NEW HOMES

SQ FT HQ AND PRODUCTION STUDIOS FOR SOUTH EAST DANCE

PUBLIC ART PROGRAMME FEATURING ANTONY GORMLEY AND ALEX CHINNECK

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

CREATING JOBS AND ECONOMIC GROWTH

BY INVESTING IN INNOVATION AND ENTREPRENEURIALISM PLUS X The first building to open at the Preston Barracks scheme in Brighton is our first purpose-built Plus X innovation centre.

Born out of the Central Research Laboratory, an engineering start-up support facility we created at our mixed-use scheme in Hayes in West London in 2014, Plus X Brighton is the first in a series of innovation hubs that we will roll out as the centrepieces of our mixed-use regeneration schemes across the country. The sites we develop are typically places where industry has left, taking jobs and economic prosperity with it. Our Plus X facilities are designed to reverse that decline and deliver jobs and economic sustainability by supporting enterprise and innovation. Research shows that a Plus X building, full of innovationfocussed start-ups, growth focused SMEs and larger, more established companies who want to locate near them, delivers a 160x multiple in socio-economic impact to the surrounding economy over a traditional office building.

£100m = 160x GVA IN EVERY LOCATION

GREATER THAN TRADITIONAL OFFICE BLOCK

£23m

1000s

PUBLIC GRANT FUNDING TO DATE

U+I PLC

OF SMES SUPPORTED OVER NEXT 5 YEARS

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

BEAUTIFUL GARDEN COMMUNITIES, DELIVERED I THINK I AM We are rolling out a new business to develop purpose-built, residential-led, mixed-use communities on overlooked brownfield sites in greenbelts around the UK’s major towns and cities.

I Think I Am will redefine the way new residential developments are laid out and curated as a much-needed alternative to the traditional edge-of-town, mono-use, soulless housing estates that can, all too often, define the market.

Our £1.2 billion pipeline portfolio already includes six sites with the potential to deliver 2,500 homes by 2030 subject to planning.

Each of the communities we create through our I Think I Am platform will deliver the kind of green, sustainable, beautiful, inspiring and socially progressive places that are being demanded as we emerge into post-Covid recovery.

Our developments will deliver to national and local government policy requirements of exceptional quality, vision, environmental, economic and social sustainability.

500

3,000

ACRES

HOMES

500

£1.2bn

HOMES PER YEAR

GDV

6 SITES SECURED

TILEHURST BROKE HILL SIDCUP ARKLEY TUNBRIDGE WELLS BRENTWOOD We are looking for more.

Email James Bishop at jamesbishop@uandiplc.com

Our proven track record in creating inspiring, growth-focussed places in urban locations offers us the opportunity to challenge directly the way housing is delivered and communities are built in semi-rural places.

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

WORKING IN THE NORTH WEST TO DELIVER HUGE AND IMMEDIATE ECONOMIC GROWTH AND POSITIVE SOCIAL IMPACT MAYFIELD, MANCHESTER Our largest public private partnership venture to date, Mayfield will transform 24 acres of central Manchester, right next to Piccadilly Station, into a new city centre district. Our partnership with Manchester City Council, Transport for Greater Manchester and LCR will deliver the first new public park in Manchester for over 100 years, 1,500 homes, 2.3m sq ft of commercial office space, a new retail and leisure destination and a significant public art programme. Our site has played host to a series of temporary uses and is currently home, among other things, to Escape to Freight Island, Manchester’s most exciting outdoor food and drink venue. The first phase of our scheme was granted planning consent at the end of 2019 and the first phase of delivery – the new Mayfield Park – will be delivered in a £23m joint funding agreement with MHCLG.

In partnership with:

24

£1.5bn

ACRES

GDV

2.3m

56,000

SQ FT COMMERCIAL OFFICE SPACE

SQ FT OF RETAIL AND LEISURE SPACE

13,000

1,500

NEW JOBS

NEW HOMES

£7.4bn SOCIAL AND ECONOMIC VALUE UPLIFT TO 2030

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

SPIRIT OF SITTINGBOURNE

SITTINGBOURNE Our scheme, completed in Spring 2020, to transform the town centre of Sittingbourne is a partnership with Swale Borough Council that allowed them to invest directly in the regeneration of their town centre. Retaining the land and buildings allowed them to create new income streams. Working with existing councilowned land and highways, we have remodelled the town centre with a new welcoming public square and introduced a new highway arrangement outside the town’s railway station. A high-quality, mixed-use retail and leisure offering is attracting new national and local operators and critical footfall that will drive positive change to the town’s once troubled and forgotten high street.

In partnership with:

£100m

7

GDV

NEW RESTAURANTS

700

213

NEW JOBS

NEW HOMES

A NEW MULTI-SCREEN CINEMA AND BOWLING ALLEY

£330m

U+I PLC

IMPACT ON THE LOCAL ECONOMY OVER THE NEXT 10 YEARS

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

U+I PLC

PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

A PARTNER FOR THE PUBLIC SECTOR TO DELIVER WHAT OUR COUNTRY NEEDS

Our £11bn portfolio of complex, mixed-use regeneration development schemes is perfectly placed to deliver on both national and local government objectives when we emerge into recovery from Lockdown.

Our shovel-ready projects, by their very nature, are capable of delivering more than £11bn of socio-economic impact to the economies of the communities where we are building.

Our approach to public private partnership development is a model that can deliver at a time of jeopardy to the public purse.

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PUBLIC-PRIVATE PARTNERSHIPS RETHOUGHT

LANDMARK COURT The London Borough of Southwark granted planning consent for our £240m partnership with TfL in June 2020. This mixed-use scheme will revitalise a lost part of Bankside close to Borough Market and deliver 200,000 sq ft of high-quality office space including affordable, flexible workspace, 1,850 jobs, 36 new homes, a retail and leisure quarter and the restoration of Crossbones Graveyard, a significant post-medieval burial ground.

1.7

£240m

ACRES

GDV

1,850

36

215,000

JOBS

NEW HOMES

SQ FT COMMERCIAL OFFICE SPACE

In partnership with:

CLAPHAM ONE In 2012 we completed an £80m mixed-use regeneration scheme in a joint-venture partnership with the London Borough of Lambeth that delivered a new public library and leisure centre over two sites, paid for by the development of new housing on site. Two existing, failing council buildings were replaced by new state-of-the-art public facilities at no cost to the public purse.

In partnership with:

PUBLIC HEALTH CENTRE

£80m

199

GDV

NEW HOMES

NEW PUBLIC LIBRARY

NEW PUBLIC LEISURE CENTRE

U+I PLC

FOR MORE INFORMATION ON HOW WE CAN HELP: PLEASE CONTACT JAMES BISHOP JAMESBISHOP@UANDIPLC.COM +44 (0) 7974 709 567 ROB SLOPER ROBSLOPER@UANDIPLC.COM +44 (0)7772 168 252

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