A JESSICA Model Igloo Regeneration JESSICA Background The Blueprint Model Delivering JESSICA Conclusions.

Slides:

Advertisements

Similar presentations

Hyndburn FIRST Ltd The Mechanics of a Local Strategic Partnership Nigel Rix Rix Regeneration (former Director, Hyndburn FIRST)

Advertisements

A time for rural recognition: can we achieve social justice? CARNEGIE COMMISSION FOR RURAL COMMUNITY DEVELOPMENT Kate Braithwaite – Director of Rural Programmes.

Open Days Brussels 10 October 2006 Structural Funds Management: the Western Scotland Partnership Experience Laurie Russell Formerly Chief Executive Strathclyde.

Partnership in Action: Innovation Connectors in NE England Laura Woods

Delivering Urban Transformation Strategies: A Public Sector Led UDF Des Gardner Head of Regeneration (Legal) Des Gardner City Solicitors.

March 2012 Ports and Cities Conference Newcastle Dorte Ekelund, Executive Director Major Cities Unit Department of Infrastructure and Transport

Regions as the driving forces of European competitiveness: From theory to practice Interregional Seminar and Partnership Fair Enhancing university-business.

EMPA STAKEHOLDERS CONFERENCE 31 January 2009 Richard Hanson Service Director (Property) Nottinghamshire County Council Chair: East Midlands Property Alliance.

Introduction to Public Private Partnerships

Increasingly Active, Healthy and Successful Communities Mark Thornewill, Director Sport Across Staffordshire & Stoke-on-Trent Meeting : Lecture Date :

THE STRATEGIC COUNCIL LEADERSHIP TRUST AND ENGAGEMENT NEW FUNDING SOURCES AND NEW DELIVERY VEHICLES Appendix 1 NEW FUNDING SERVOURCES AND NEW DELIVERY.

1 The Role of Maori Accountants in Maori Economic Development An External Perspective John Spencer Chairman, Tainui Group Holdings.

Thriving communities, affordable homes. Homes & Communities Agency and Planning Trevor Beattie Director Strategy Policy Performance Research National.

Growing Places Fund & Future Investment Model Arzu Ulusoy-Shipstone Capital Investment & Business Development Manager Oxfordshire County Council 4 th April.

Kathy Oliveira Health and Wellbeing Programme Manager Braunstone Community Association Delivering New Deal for Communities for Braunstone, Leicester.

Regional Development and Governance Symposium Ankara September 2006 REGIONAL DEVELOPMENT AGENCIES: TOOLS TO STIMULATE ECONOMIC DEVELOPMENT David Walburn.

Wouter Schuitemaker Investment Director businessbirmingham.com.

1 Using Structural Funds to reduce health inequalities: lessons from EUREGIO III Prof Jonathan Watson HE2020 Workshop (WP4) Brussels 17 October 2012 HCN.

Introducing the Church Commissioners Paul Lewis Mission and Pastoral Measure 2011 Summer 2012 Conferences.

PORTICO Conference Realising the Benefits of Investing in Heritage Brian Smith - Secretary General European Association of Historic Towns and Regions.

Effective Urban Management And Organization: The Melbourne Experience Presented By: Dr. John So, JP 20 th Jan 2009.

Scottish Urban Regeneration Forum – Perth, 7 th November 2006 Tom Warburton Head of Regeneration, One NorthEast.

1 NETLIPSE Zurich 20th October 2008 EIB – Project Cycle.

Ian Bromley Chief Executive Creative Sheffield 3 rd National Conference 15 th May 2008.

The GEF and the Private Sector IUCN, November , Washington D.C GEF Assembly, Punta del Este, Uruguay May 24, 2010.

ACES Presidential Conference ‘Meeting the Challenge – Making Our Assets Work’ Unlocking Finance Through Property Stephen Clark Senior Director - CB Richard.

Smart Service Delivery in Challenging Times Shared services – what does it mean for you? Alan Higgins Chair, CIEH Council Director, Environmental Health.

Michael Heanue Principal Policy Officer. The London Enterprise Panel ”the venue for London boroughs to work with business, with TfL and the Mayoralty.

Glasgow 2014 Ltd1 Renfrewshire Chamber of Commerce Glasgow 2014 Update Neil Devenny, Project Manager

Benchmarking TVET systems Peter Holden Executive Director, International.

Scottish Urban Regeneration Forum New delivery vehicles – revisited URCs & OTHER LEGAL STRUCTURES A presentation by Stephen Phillips, Head of Public Sector.

Maximising Investment Opportunities: releasing value from estates Barclays Private Equity 15 th May 2008.

LGYH Regional Cohesion Network May The Vision □ To prioritise ESOL funding to those who form part of the many settled communities in England and.

PUBLIC SECTOR PROPERTY ASSET MANAGEMENT Policy, strategy and implementation: discontinuity of interest at the operational level − Case study of Budapest"

Overview of Financial Management. OVERVIEW OF FINANCIAL MANAGEMENT The Corporation Life Cycle Value Creation & Maximization Financial Institutions & Process.

The Impact of Manchester’s Cultural Organisations Meeting of the Council - 10 December 2014 Dr Maria Balshaw Director of Manchester City Galleries and.

Thriving communities, affordable homes The Homes & Communities Agency Driving Delivery Through Place: Crafting sustainable neighbourhoods David Warburton.

Barking & Dagenham housing development & affordable housing delivery vehicles Ken Jones Head of Housing Strategy & Property Services.

MURRUMBIDGEE CATCHMENT MANAGEMENT AUTHORITY Presentation to UNESCO HELP Meeting 4 March 2005 Lee O’Brien - Chairperson Murrumbidgee Catchment Management.

Sustainable Human Settlements Delivery in Ekurhuleni Workshop 21 September 2007.

Kiichiro Fukasaku Development Centre

Maximising Opportunities for London Patricia Muotto Regeneration Manager, Structural Funds 00 Month 2004.

1 Leicester and Leicestershire Food and Drink Co-ordinator 12 th May 2010 Matthew Kempson Rural Partnership’s Manager, Leicestershire County Council Food.

Enterprise & Environment Directorate TRANSPORT FOR REGIONAL GROWTH 5 NOVEMBER 2015 Keith Winter, Executive Director, Enterprise and Environment, Fife Council.

Dr. Kristin Lamoureux, Executive Director, International Institute of Tourism Studies, George Washington University.

Alison Byrne Scottish Executive Scottish Urban Regeneration Forum – New Delivery Vehicles 28 September 2006.

Delivering Natural Development Solutions 27 th April 2006 Paul Wilkinson Chair, East of England Biodiversity Forum.

Successful places with homes and jobs A NATIONAL AGENCY WORKING LOCALLY Unlocking Investment Northern Housing Summit Deborah McLaughlin Executive Director,

© 2011 Grant Thornton UK LLP. All rights reserved. South East Midlands Local Enterprise Partnership BUSINESS, INNOVATION and GROWTH Conference 2012: ‘Getting.

Insert name of presentation on Master Slide National Health Improvement Review Helen Howson - Consultant in Public Health/ Director of Strategic Programmes.

UK Government Timetable and review of strategic themes Will Morlidge BIS East Midlands and South East Midlands.

WACOSS Conference May 2016 The Future of Our Work - New Ways, New Models Presenter: Garry Ellender, CEO.

PAS Peer Day 10 th February 2015 Zoe Willcox Service Director Planning Place Directorate Positive Planning: Delivering Housing Unblocking stalled sites.

Regeneration and Technical Portfolio Priorities & Issues 9 th June 2008.

Paul Wright Chief Executive United Kingdom Science Park Association.

Energy Fund The Hague Alternative use of ERDF to support energy efficiency measures Making financial instruments work for cities Ton Overmeire, Holding.

Presentation to City of Brea February 2, 2015 Mark Pisano.

Andrew Noble Improvement Service

Alternative delivery models in public services

Local Government Association

Eastbourne Homes Ltd – working in partnership Ian Fitzpatrick MD Eastbourne Homes Ltd Director Lewes and Eastbourne Council Director Asset Co.

Commercialising Renewable Energy Technologies

Infrastructure Investment Strategy

STRATEGIC OPPORTUNITY AREAS

Head of Reserach & Enterprise Partnerships, University of Leicester

Ayrshire Growth Deal/ Regional Economic Partnership May 2019

Strategic Infrastructure Priorities 2019

Common Implementation Strategy for the Water Framework Directive (2000/60/EC) Work Programme : Strengthening EU Water Policy through the 2nd River.

Stakeholder & Public Affairs Manager

Craig Egglestone OPE Programme Manager Local Government Association

Presentation transcript:

A JESSICA Model Igloo Regeneration JESSICA Background The Blueprint Model Delivering JESSICA Conclusions

Digital Media Centre

Igloo Regeneration April 2002 €200m equity 15 investors Fund Managers, Pension Funds, Ethical Investors €4.5 Billion end value portfolio

Leeds, Tower Works

Igloo Regeneration Mixed use, Well designed, Environmentally sustainable Property developments Edge of the top 20 city centres

Bermondsey Square

Igloo Regeneration Fund developers Invest in partnerships with the public regeneration agencies Develop and hold investments Buy completed investments

Cardiff, Tiger Bay

Igloo Footprint Design, Environment, Social, Happiness Core Business Process Four Assessment Stages High Profile Audit Committee

Igloo SRI Scoring

Dr. Jonathon Porritt CBE Founder Director Forum for the Future Chair Sustainable Development Commission George Ferguson Immediate Past President RIBA Anne Power Prof Social Policy LSE Paul King WWF Igloo SRI Audit

JESSICA Background Powerful Instrument New Approach Poorly Understood Flexible Model Equity Co-investment Benefits

The blueprint model

Priorities (Political, economic, social) Policy (RES, community plans, SPG etc.) Property Strategy (Land assembly etc.) Site Specific Plans (Development brief, master plan) Physical Delivery Traditional Private Sector Engagement Private Sector Engagement through PRPs Development agreements Site specific JVs Regional JVs Strategic Partnerships Regeneration Process

What is a PRP? PRP Co Regeneration Projects Property Assets Cash & Skills Development or Implementation Level Strategic or Value Capture Level 3rd Party Debt Public Sector Body Private Sector Partner

What is blueprint? A 50:50 Limited Partnership £500M of regeneration in the East Midlands Funded by property, equity and debt 6 initial developments Investing in new priority projects

emda (50%)EP (50%) “emEP Ltd” 50% vote igloo 50% vote blueprint General Partner emdaEPigloo blueprint Limited Partnership Partners Shareholders Blueprint

Partnerships with Cities Commercial returns with public support Private sector status Revolving Fund Public capital multiplies 400% in 10 years

Nottingham Science Park

Leicester Digital Media Centre

Delivering JESSICA Blueprint Success JESSICA Model Jessica Future

Conclusions UK JESSICA Vehicle Pipeline Public:Private capital and skills JESSICA – a powerful regeneration tool

‘The World’s First Responsible Property Fund’ – UNITED NATIONS 2006