British Land - Silver Jubilee Big Tick
Working with the communities of West Euston since 1984
Helen Peacock-SevillaHead of Partnership and Neighbourhood Renewal (West Euston)…ten years of attending Board meetings, often late into the evenings, as well as Saturday events has shown that this relationship is for the long term….I have seen the professional and thoughtful contribution that British Land make through their business expertise applied to appraising projects, strategy debate, actions plans and community events.
British Land is one of the UK’s largest property companies; buying, building, managing and selling quality modern properties primarily in the UK, with a growing European portfolio. In 2006 it owned or managed approximately 3.8 million square metres of real estate. They have been engaging with the community in West Euston since 1984 when they bought a large area of commercial property in Regent’s Place, West Euston, a priority Neighbourhood Renewal area with high levels of deprivation and social exclusion.
Impact
- British Land’s contribution to establishing sound financial, employment and governance procedures at WEP helped it win £6.5 million Single Regeneration Budget government funding in 1996.
- A travel plan developed In 2001 to reduce emissions and make Regent’s Place more pleasant as well as safer for pedestrians has increased cycling to work by 50% and halved car use. The plan featured in the Government’s best practice guidelines for travel plans and won a London Cycling Award.
- The development at Osnaburgh Street provides residential units with over 50% affordable housing, a community theatre, shops around a new public space, landscaped open areas, pedestrian links and the forecast creation of 2,400 new jobs.
- Staff are motivated and developed through volunteering opportunities, with over 30% of employees participating in volunteering projects in the area.
- Local knowledge and relationships facilitated the Regents' Place planning as British Land were able to create plans that met local needs and had the support of local people.
- Creating a positive environment for their occupiers, and developing relationships with them, has improved occupier satisfaction, enhanced rental income and increased capital value.
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