The facts
Location: Salford
Client: Salford City Council
Start Date: 1999
Completion Date: Ongoing
Contract Type: Strategic Partnership
Procurement method: OJEU selection of
development Partner
Project Construction Value: £200Million
+
Services provided: Property Services including
Procurement support, Strategic Property Advice, Regeneration
Consultancy, Acquisitions, Compulsory Purchase referencing and
overview
The project
Background
Salford City Council was faced with a substantial area of
private sector housing which was being abandoned due to problems of
high crime, anti social behaviour and under investment.
Following a selection process a partnership vehicle has been
created to bring public sector land and powers alongside private
sector finance and industry expertise to bring about an innovative
regeneration of part of Higher Broughton.
The scheme entails the demolition of poor quality housing,
removal of various redundant council properties and redevelopment
of new high quality, secured by design, homezone properties plus
affordable housing and flats, local retail, local community
facilities and new playing fields.
Capita Symonds is providing a range of Technical advice
including all aspects of property, advice, Masterplanning,
Landscape and Highway Design.
The partnership
The partnership vehicle used in this instance has been a Limited
Partnership operated through a General Partner - between Salford
City Council, Royal Bank of Scotland plc, Inpartnership Limited and
City Spirit Regeneration Limited.
Scope of Development
The development covers approximately 30 acres of poor quality
housing plus council assets such as the day centre, library and
playing fields all of which are within the Masterplan which has
been through the formal process of approval for supplementary
planning guidance.
The area has been split into ten phases. Phase one has started,
which includes private sector high quality housing. Future phases
of affordable housing in association with local housing
associations are currently under consideration and business plans
are currently underway for further affordable housing, local
retail, managed workspace and further housing.
The numbers:
- Area - 30 acres
- Properties Demolished – 440
- New Properties constructed – approximately 500
- Private Sector Input – £91m (residential only)
- Public Sector Input - £125m
Awards
- Winner - Manchester Evening News
Residential Property Awards 2006 and overall best Regeneration
Project