The creation of sustainable and vibrant communities is a key objective of many neighbourhoods and of local and central Governments. As a result, public and private sector organisations are working together with local people to regenerate our towns and our cities.
BTO has advised Urban Regeneration Companies, Registered Social Landlords and Scottish local authorities in several regeneration projects. We are experienced also in acting for organisations in the public and private sectors, such as local authorities, housebuilders, health service providers, statutory bodies, developers and funders.
Regeneration projects require a multi-disciplinary approach, involving many legal specialisms. Our team has expertise in procurement, property development, conveyancing, employment law, contracts, finance, environmental, planning, charity and commercial matters. This experience and our solid relationships with consultants and regulators make us ideally placed to assist those with an interest in urban regeneration in achieving their aims and demonstrating Best Value.
In addition, wide experience of servicing the needs of the social housing sector gives us a thorough understanding of the issues facing Urban Regeneration Companies, in particular the commercial and PR aspects.
Contact: Patrice Fabien, Partner email@example.com T. 0141 221 8012
- Tripartite housing project
bto advised a registered social landlord (RSL), newly created for a proposed housing stock transfer, in the acquisition of areas of land transferred or to be transferred to a “developing” RSL for regeneration purposes and thereafter to our client, an acquiring landlord in a large scale housing transfer. We had to see that this tripartite transaction was initiated on the right footing to ensure that our client’s and its lender’s interests were protected.
- Major new-build regeneration
Acting for the acquiring landlord, taking on over 7000 residential units, bto assisted in negotiation where a key element of our client’s business plan required demolition of over a third of the transferring housing stock with a major regeneration and new-build programme to follow, all of which required to be properly provided for in the contractual transfer and funding documentation (with both government and lenders).
- Options appraisal
Advising a local authority and providing an Options Appraisal Report considering the wide variety of options available to the client to progress a regeneration project. Also, examining the various legal structures open to the client to achieve its goals.
- Major regeneration project
Acting for a newly created URC, Raploch Regeneration Company Limited (set up as a charity with a trading subsidiary), and, among other things, advising on: land transfers from the local authority; employment aspects of the adopted group structure with associated TUPE issues; procurement matters, from initial tender notices to evaluation of bids received; a long term agreement with a development partner (identified through a tendering exercise); community benefit provisions to ensure goal of improving employment opportunities was achieved; an Independence Agreement among the parent URC and its subsidiary; arrangements with the NHS for development of a community health campus and,
planning matters and relevant planning agreements.
- Joint venture
Undertaking commercial work for a joint venture company established by a local authority and an NHS Trust, bto having advised regarding the constitution of the joint venture company. In the context of the joint venture, property assets are pooled/disposed of and the proceeds used in a regeneration programme. This is a multi-million pound project.