• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Place AGM 2013: Tim Heatley
 

Place AGM 2013: Tim Heatley

on

  • 666 views

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

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

Statistics

Views

Total Views
666
Views on SlideShare
666
Embed Views
0

Actions

Likes
0
Downloads
1
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Place AGM 2013: Tim Heatley Place AGM 2013: Tim Heatley Presentation Transcript

    • PLACENORTH WESTPLACE AGM – THURSDAY 11 APRIL2013TIM HEATLEYDIRECTORCAPITAL & CENTRIC PLC
    • WHO ARE CAPITAL &CENTRIC PLC? Estuary Banks
    • WHAT MAKES OURAPPROACH DIFFERENT? Crown Business Park
    • HOW DO WE MAKE SPECULATIVEDEVELOPMENT STACK UP? Estuary Banks
    • 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
    • ISN’T DEVELOPMENT HARD ENOUGHWITHOUT THOSE HURDLES? Digital Village
    • WHAT TYPES OF FUNDINGDO WE USE? Speke Business Park
    • PUBLIC FUNDING Digital Village
    • CONTRACTOR FUNDING Speke Business Park
    • PRIVATE LAND OWNER
    • GOVERNMENT TAXINCENTIVES - BPRA Tithebarn Project
    • CROWD SOURCED Digital Village
    • TRADITIONAL JV Littlewoods
    • 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
    • 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
    • SPEKE BUSINESS PARK Private land owner – loaned back funds against sales ERDF of £1.4m Under construction 100 jobs
    • DIGITAL VILLAGE Planning stage Local Authority land sale Deferred payment based on profit 150 jobs
    • THE LIGHTBOX Planning stage Regeneration Agency acquisition Deferred land payment post PC 100 jobs
    • 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
    • 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
    • THE FUTURE Speke Business Park