British Land has supported regeneration and community projects at Regent’s Place for 30 years, helping to make it one of the most improved areas in London.
- From 2010 to 2014, the company’s construction activity in the area has supported 6,700 jobs, contributing £257 million gross value to the UK economy.
- Since 2010, it has created 160 affordable homes at Regent’s Place, alongside community facilities including a theatre, arts studios and employment and training centre.
- Since 2009, property values at Regent’s Place have increased almost twice as much as other West End offices.
- Regent’s Place enjoys 100% occupancy and attracts prestigious companies.
Regent’s Place in Camden comprises 13 acres of office, retail and residential property, owned and managed by British Land. The company has worked closely with Camden Council and the local community since the 1990s.
A 2014 study showed that, together with its partners, British Land has played an important role in regenerating the area. It is in the top 1% of the most improved areas in London.
Since 2009, British Land’s has contributed £900,000 to the local community at Regent’s Place in cash, time and in-kind donations. It has invested £49.1 million in local infrastructure through the planning process since 2007. Thousands of people have benefited from community projects such as multi-cultural events and employability schemes.
The investment has paid off, with property values rising annually by 6.4% and office and retail space in high demand, attracting top firms such as Facebook and Debenhams.
What British Land's Chief Executive said:
“It’s not often that a Chief Executive gets to look back at a project that’s been on the go for 30 years and has a chance to celebrate its success and reflect on the experience. Our collaboration with the local community and Camden Council at Regent’s Place, which began in the early 1990s, has brought both social benefits and commercial results. It has shaped our vision of what good community engagement across our entire portfolio can look like. We want to build on what we have already achieved at Regent’s Place and make sure all our major developments are planned in partnership with local authorities and communities.” - Chris Grigg, Chief Executive of British Land