Working with our chosen partners we deliver a range of property-led services that include managing the development and delivery of a project through to asset and estates management. A great example of this working well is Solum, a joint venture we have set up with Network Rail. By combining their unique understanding of the railway with our development expertise we are upgrading and maximising the asset value of their railway land.
Mixed use development projects have already been completed at Epsom, Walthamstow and Christchurch, along with other schemes at include Haywards Heath, Guildford, Redhill, Bishop Stortford, Maidstone East and Surbiton. Next in line is a £8.5 million redevelopment at Twickenham Station, which is set to include a landmark station building, a public plaza the size of five tennis courts, more shops and a 250% increase in secure cycling spaces.
On a smaller scale, a joint venture with property company Bruntwood to develop 80,000 sq ft of grade 'A' office accommodation in Leeds resulted in what was believed to be the largest UK property deal to take place following the Brexit referendum when it was sold to Leeds City Council in July 2016.
We work in partnership with organisations who require equity and development expertise to help realise the full potential value of their property assets. This could be support in regenerating estates or access to funding. We're currently working with Watford Borough Council to help them deliver their vision for 70 acres of redundant land to the west of the town This mixed-use £240 million-scheme regeneration project will be a 20-year partnership and is set to provide housing, jobs, community uses, better transport links and new hospital facilities.
" Kier has been a great partner for this joint venture. Their approach and experience delivering world-class developments complements our unique understanding of the railway. Together we will create landmark destinations, benefiting local communities and our passengers alike. "Property Director Network Rail