property development

Advising on a £250m urban extension , comprising more than 400 acres, to be developed as 1700 new homes, a new school, an innovation park and a 26 acre commercial park, generating 4000 new jobs. Our work included the collaboration agreements, a complex site assembly, land options, equalisation arrangements dealing with the treatment of development value and project expenditure, tax advice on the JV structure, funding issues and renegotiating various historic agreements affecting the project area.

Advising Charnwood Borough Council on its ‘Eastern Gateway’ regeneration of Loughborough town centre involving the redevelopment of an 11 acre site as 120 new homes together with major improvements to the town’s train station, a new link road and other transport infrastructure. We advised on procurement issues, site acquisition and subsequent development agreements with a housing association (to take the affordable housing on the scheme), the highway authority and two separate rail companies.

Acting for Derby City Council on the development of Infinity Park - a new business park on a 200 acre site and anticipated to generate 1.5m square feet of new buildings – our advice included; Site assembly, development agreements for major infrastructure delivery and complex funding arrangements, together with advice on construction, planning, state aid, procurement, tax and banking issues.

Advising the Homes & Communities Agency on £60m of regeneration planned for a former colliery; including planning and site assembly advice, negotiations with the private sector developer procured to provide phased delivery of the residential development and commitment to fund the road infrastructure as well as dealing with HCA funding agreements with other landowners.

Advising Mortar Developments on its fourteen storey “Global Point” mixed-use development in Nottingham, providing 449 high-spec student bed spaces together with retail/A3/office space and basement car parking facilities. We dealt with the variation/release of a number of third party interests, a rights of light claim, law firms across several foreign jurisdictions, and the relocation of existing leases affecting the site.