Development
We’re using our unique strengths, leveraging our wide-ranging portfolio and bringing people together to create places with lasting benefits. In partnership with communities and stakeholders, we’re committed to delivering mixed-use developments that unlock potential and enable communities to thrive.
Our national development pipeline has the potential to deliver c. 13 million sq ft of commercial space, supported by up to £1.5 billion of investment over the next 15 years in the high-growth science, innovation and technology sectors. Our housing development pipeline could also provide up to 30,000 new homes. Our development partnership with Lendlease, known as the Impact Partnership Joint Venture, will significantly increase this potential, delivering critical housing and commercial space in the UK, with an estimated Gross Development Value of £24 billion and creating up to 100,000 jobs. Read more about the Lendlease partnership here.
Working closely with local authorities, stakeholders and partners, sustainability is embedded in every project - from the retrofits that make up the majority of our pipeline to new builds - ensuring positive environmental, social, and economic impact throughout our developments’ lifecycle.
In partnership with Grosvenor we have also investigated the need for, and impact of, a more inclusive built environment. Read more in the Inclusive Spaces and Places report.
Read more on our expectations around sustainable development in our latest Development Sustainability Principles.
London
Our scale in London allows us to take a joined-up approach to development - shaping not just our buildings, but the spaces around them too.
Science, innovation and technology
We’re committing up to £1.5 billion over the next 15 years to support the UK’s fast-growing science, innovation and technology sectors.
Housing
Through our strategic land portfolio, and in close collaboration with local authorities, communities, and partners, we have the potential to deliver up to 30,000 new homes.
Impact Partnership Joint Venture
Our landmark partnership with Lendlease, the Impact Partnership Joint Venture, is set to deliver critical housing and commercial space in the UK, with an estimated Gross Development Value of £24 billion and creating up to 100,000 jobs.
