Urban Splash and Places for People announce joint working
Places for People, one of Britain’s biggest property management, development and regeneration companies and Urban Splash have agreed to develop a joint venture agreement, following the acquisition by Places for People of 654 apartments from Urban Splash in a £77m deal on July 26th 2013
This announcement marks the first step in a new partnership between Places for People, which owns and manages more than 143,000 properties and has assets in excess of £3 billion, and award-winning developer Urban Splash.
The partnership will work on developments such as Sheffield’s Park Hill scheme, which has been shortlisted for the prestigious Stirling Prize, with the winners announced tomorrow evening (Thursday 26 September).
David Cowans, Chief Executive at Places for People said: “Working with Urban Splash makes absolute sense for us and is a further commitment to providing an even greater choice and access to high quality, affordable and sustainable housing. We are very pleased to be able to work with Urban Splash, initially on the innovative development of Park Hill in Sheffield, and we will be looking at further opportunities to develop schemes within the Urban Splash and Places for People portfolio in the future.”
Tom Bloxham MBE, Chairman of Urban Splash said: "This announcement is great news for Urban Splash. Places for People and Urban Splash have many shared values, and great reputations for regeneration, placemaking and great architecture. Urban Splash has an enviable track record having developed over 60 schemes and won 348 awards over the last 20 years.
“Looking forward, we are keen to undertake more projects in partnership and are very pleased to be able to work with a company of the quality, stature and size as Places for People. We are looking forward to creating more award-winning homes with them.”
For further information:
Leanne Forshaw Jones
07763 614 987
Notes to editors:
Places for People
Places for People is one of the largest residential property development, management and regeneration companies operating across the UK in areas from strategic land, master planning, development and property management. The Group owns and manages 143,000 homes and provides housing including homes for sale, market and affordable rent. Uniquely the Group manages residential properties in all tenures and is one of the UK’s largest managers of private rented homes and leasehold properties.
As one of the leading registered provider groups in the country it works in 205 Local Authority areas and is a not-for-dividend organisation, which means that the profits it makes are reinvested back into its core business of creating and maintaining sustainable places.
Places for People is committed to creating successful places and enabling people to reach their potential. Places for People makes a long-term commitment to its communities and works to provide what they need to thrive; not only today but for future generations. Its developments are not just about housing but new schools, shops, leisure facilities, employment, access to training and specialist services.
This is the approach that Places for People has taken on its award-winning developments - and the company’s long-term commitment and investment it makes in places has been recognised, by winning this year’s Building Awards Housebuilder of the Year, Landlord of the Year and the Homes for Scotland Award 2013
Award winning property developer Urban Splash is the country’s leading regeneration company and has delivered over 60 mixed-use schemes including residential property of all tenures, commercial office, retail and a hotel.
Founded in 1993 by Tom Bloxham MBE and Jonathan Falkingham MBE, the company is based in Manchester with regional offices in Liverpool, Leeds, Birmingham, Bristol, Sheffield and Plymouth.
Urban Splash has delivered challenging and exciting regeneration projects across the country including Park Hill in Sheffield, Fort Dunlop in Birmingham, Chimney Pot Park in Salford, Castlefield and New Islington in Manchester, The Midland Hotel in Morecambe, Saxton in Leeds, Longlands in Stalybridge, Lakeshore in Bristol, The Royal William Yard in Plymouth, Lister Mills in Bradford, Rotunda in Birmingham, Matchworks in Garston and the Ropewalks in Liverpool.
The company has invested over half a billion pounds creating thousands of new homes and jobs in over four million sq ft of space.
The company has received 348 awards to date for its commitment to architecture, design, regeneration and business success including 51 RIBA Awards the most won by a property developer.