Place AGM 2013: Tim Heatley

674 views

Published on

Tim Heatley, director, Capital & Centric - an independent developer's view on putting new projects together

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
674
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Place AGM 2013: Tim Heatley

  1. 1. PLACENORTH WESTPLACE AGM – THURSDAY 11 APRIL2013TIM HEATLEYDIRECTORCAPITAL & CENTRIC PLC
  2. 2. WHO ARE CAPITAL &CENTRIC PLC? Estuary Banks
  3. 3. WHAT MAKES OURAPPROACH DIFFERENT? Crown Business Park
  4. 4. HOW DO WE MAKE SPECULATIVEDEVELOPMENT STACK UP? Estuary Banks
  5. 5. WHAT DO WE LOOKFOR? Crown Business Park Great design, buildings have to look fab  A scheme that will create high quality jobs Eco friendly, sustainable, low energy  Locations close to high unemployment
  6. 6. ISN’T DEVELOPMENT HARD ENOUGHWITHOUT THOSE HURDLES? Digital Village
  7. 7. WHAT TYPES OF FUNDINGDO WE USE? Speke Business Park
  8. 8. PUBLIC FUNDING Digital Village
  9. 9. CONTRACTOR FUNDING Speke Business Park
  10. 10. PRIVATE LAND OWNER
  11. 11. GOVERNMENT TAXINCENTIVES - BPRA Tithebarn Project
  12. 12. CROWD SOURCED Digital Village
  13. 13. TRADITIONAL JV Littlewoods
  14. 14. CROWN BUSINESS PARK, ROCHDALE Bought from distressed bank Fortis. c£4m ERDF of £3.3m Contractor 50/50 JV with RBS Ongoing multi phased with 200,000 let or sold 400 jobs
  15. 15. ESTUARY BANKS, SPEKE Bought from NWDA and HCA with ability to defer premium to PC ERDF Funding £2.4m Completed, 80,000 sq ft let and sold fitted out to 160,000 Contractor 50/50 JV 200 jobs
  16. 16. SPEKE BUSINESS PARK Private land owner – loaned back funds against sales ERDF of £1.4m Under construction 100 jobs
  17. 17. DIGITAL VILLAGE Planning stage Local Authority land sale Deferred payment based on profit 150 jobs
  18. 18. THE LIGHTBOX Planning stage Regeneration Agency acquisition Deferred land payment post PC 100 jobs
  19. 19. LITTLEWOODS Planning approved. Up to 250,000 sq ft  Our own BPRA fund Acquisition from Liverpool City Council and HCA  Local authority loan Phase 1 Bunker Building and infrastructure to  500 jobs commence this year ERDF of £1.1m to phase 1
  20. 20. TITHEBARN PROJECT Planning Approved  Our own BPRA fund of £3.2m Refurbishment with BPRA  Private equity loan of £2m Private acquisition  300 jobs ERDF of £2.4m
  21. 21. THE FUTURE Speke Business Park

×