Cherrywood Business Park
This was a 400 acre site in South County Dublin which had limited zoning when we acquired it. We secured British Land plc as our partner and Dun Laoghaire Rathdown County Council (the local authority). We negotiated with the Rail Procurement Agency the extension of the light rail from Sandyford to Cherrywood. We instigated and operated the setting up of a company which 17 other developers participated making a contribution of €100M towards the cost of the rail extension and ensuring that 300 of the 400 acres was rezoned for industrial, commercial and over 100 acres of residential and a new 25 acre shopping centre. We subsequently were involved in the building of over 400,000 sq.ft. of offices on the property.
The site was acquired in two parts. There were a number of impediments to development to include flooding history from Six Mile Water, poor vehicular access, historic contamination from former textile use, conservation area status with a number of trees protected by TPO. An innovative planning consent was secured to enable the build out of 115 units ranging from detached houses to apartments built within a new mill block overlooking the river itself. The majority sold with balance retained for letting.
Saintfield Mills closed in 2008 and the company was sold by Receivers. A detailed planning exercise was undertaken to provide a high density residential scheme to be an extension of the high street of this attractive market town. The scheme was built out from 2009 offering a range of house types totally 120 units. The majority were sold with the balance retained for letting including 3 retail units.
This grade II property was acquired as part of a portfolio (Gort) in 2008. Vacant possession was secured and a new long lease negotiated from Grosvenor Estate. Planning for part refurbishment (listed frontage and conversation area) with new build to rear. Successfully built out and completed in 2009 to provide circa 12,000 sq.ft. of grade A offices and 3 residential units. All pre-let at record rents and investment subsequently sold for a premium yield.
Century House, 100 Westminster Bridge Road
The former MI6 Headquarters was acquired in a competitive open market process on an unconditional basis. The project required intense management to secure planning consent for conversion and extension of the offices to residential use including an additional two storeys to the twenty storey building and a new affordable housing block. The entire was sold with the benefit of Planning Consent to Crest Nicholson, following a best bids process.
Cheshire House, Eaton Square and 10 Eaton Gate
This was a specialised project in the heart of Belgravia. A listed Grade 2*building was owned and operated as the office HQ of the Association of County Councils on a 50 year lease. Change of use terms were agreed with the Grosvenor Estate to convert the buildings tot residential use together with the acquisition of the freehold.
The Regency Apartments, Regency Street, London
The 2 acre site was acquired from British Gas in an off-market deal. The need for improved access arrangements led to the acquisition of an adjoining site from The London Ambulance Service in return for which an new ambulance station was built within the scheme, above which the Affordable Housing element was constructed.