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expertise: property development

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expertise: property development

Working closely with the planning team and supported by our environmental specialists the property development team undertakes all aspects of commercial property development including joint ventures; construction; development funding and grant assistance as well as playing a key role in regeneration projects. The team is also instrumental in many specialist property-based projects (such as science, research and technology parks; student accommodation and academic facilities; urban and mixed use developments) and skilled in the "unscrambling" of failed development projects.

Recent experience includes:

  • advising a university in a joint venture with a regional development agency to acquire a former brownfield NHS site and redevelop it as a brand new mixed use campus, together with an associated venture with two local authorities to develop a joint library facility in the establishment of a learning quarter with a capital value in excess of £70m

  • advised a college in the planning aspects related to the rationalisation and regeneration of its 30 acre campus to facilitate a £23m residential development and a £55m campus new build

  • acting for a university advising on the acquisition and regeneration of a former NHS site as a new mixed use campus in conjunction with a regional development agency and two local authorities; project value in excess of £100m

  • acting for a local authority on the regeneration of a 70 hectare brownfield site as a brand new urban village in a joint venture with the regional development agency, including conducting a compulsory purchase hearing

  • acting as part of a team in connection with the compulsory purchase of land as part of a major urban regeneration project by a City Council within the West Midlands

Our work includes advice on:

  • development issues - including joint ventures, consortia and trust vehicles, full and limited liability partnerships, construction contracts and collateral warranties, public and private sector projects, options, conditional contracts and tax efficient planning

  • planning constraints and opportunities which are fundamental to the successful delivery of development projects

  • compulsory purchase issues such as vesting, compensation and extinguishments of rights over appropriated land

  • funding & grants issues including traditional security, forward funding, alternative investment structures, negotiation with English partnerships and RAs, local authority and TEC-based assistance, regional grants and European support, and Lottery and millennium grants

  • environmental issues affecting risk such as land contamination

  • regeneration issues from public private partnerships, PFI and urban villages to ERDF, ESF, SRB and other grants

Dividing Line

key expertise:

John Rice
Head of Commercial Property Group, Partner
john.rice@martineau-uk.com

Simon Coghlan
Partner
simon.coghlan@martineau-uk.com

Clive Read
Partner
clive.read@martineau-uk.com

James Spreckley
Partner
james.spreckley@martineau-uk.com

 

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