eric reynolds
TRANSCRIPT
CREATIVE REGENERATION
URBAN SPACE MANAGEMENT
•Creating interesting places for 40 years
•Private Sector Developer, Operator and Consultant
•Strong partnerships
“Lighter, Quicker, Cheaper” The case for more timely, less capital intensive, more human scale development
The property industry has its cyclical ups and downs.
On the up phase mega schemes are dreamt of:
- Large scale sites are assembled
- Large professional teams are employed
- Large sums are raised and risked
If all goes well the heroic project gets off the ground and struggles through to completion. However, these projects rarely work out exactly as planned.
Why?
- The world may have moved on and the large scale nature means that
such projects take a long time to realise and often get caught in the
downward spiral
Some projects may eventually be completed on the second or even third upswing. Most people can think of at least one example.
Time is a great healer and it is possible that the development pain will be forgotten when the last space is let.
However in some cases whole areas are left blighted and unloved throughout the protracted development process. Some are unproductive for decades.
At the other end of the scale a tried and tested approach exists that is:
- Lightweight, energy efficient, human scale
- Always lower risk
- Much lower cost
- Sometimes interim
- Generally able to catch the moment
- Generally creates a greater profit per pound of capital expended
CAMDEN LOCK
PREVIOUS USE:
CURRENT USE:
AREA:
JOBS ON SITE:
INVESTMENT:
Wood yard
Market
32,670 sq. ft.
400 plus
£12 million BEFORE
www.urbanspace.comAFTER
MERTON ABBEY MILLS
PREVIOUS USE:
CURRENT USE:
AREA:
JOBS ON SITE:
INVESTMENT:
Silk printing works
Market, shops,restaurants, caféoffices, theatre
30,000 sq. ft.
400
£1.2 million
BEFORE
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GABRIEL’S WHARF
PREVIOUS USE:
CURRENT USE:
AREA:
JOBS ON SITE:
INVESTMENT:
Wasteland
Market, cafes,restaurants, retail workshops, performance area30,000 sq. ft.
20,000 sq. ft.
60
£78,000
BEFORE
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GABRIEL’S WHARF
•WORKSHOPS
•ARTS
•EVENTS
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SPITALFIELDS MARKET
PREVIOUS USE:
CURRENT USE:
AREA:
JOBS ON SITE:
INVESTMENT:
Wholesale fruit and veg market
Market, retail,Restaurants,Sports, Opera House
240,000 sq. ft.
550 plus
£300,000
BEFORE
www.urbanspace.comAFTER
SPITALFIELDS MARKET
•FASHION
•ARTS
•SPORTS
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SPITALFIELDS MARKET
•GROWTH
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BISHOPSGATE GOODSYARD
PREVIOUS USE:
USM USES:
AREA:
JOBS ON SITE:
INVESTMENT:
Derelict railway arches
Retail, officesRestaurants,Gym, Events venueSwimming pool
430 sq. ft.
100 plus
£1m
BEFORE
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BISHOPSGATE GOODSYARD
•PLANIT EVENTS
•SPORTS
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BISHOPSGATE GOODSYARD
•URBAN GARDEN
•ARTS
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TRINITY BUOY WHARF
PREVIOUS USE:
CURRENT USE:
AREA:
JOBS ON SITE:
INVESTMENT:
Buoy manufacturing
Arts and performance venue, workspaces for creative uses
90,000 sq. ft.
515 plus
£4 million
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AFTERBEFORE
TRINITY BUOY WHARF
•CREATIVE COMMUNITY
•ARTS AND CORPORATE EVENTS
•MIX OF BUILDINGS
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CONTAINER CITY
OVER 40 SUCCESSFUL PROJECTS COMPLETED TO DATE:
•SCHOOLS•YOUTH CENTRES•SPORTS HALL•GENERAL PRACTICE•THEATRES•CINEMA•OFFICES•RETAIL UNITS•ARTIST STUDIOS•LIVE / WORK UNITS•NURSERIES•CAFÉS•MUSIC STUDIOS•ROOFTOP PLAYGROUND
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ELECTRIC HOTEL
SPORTS HALL
ARTIST STUDIOS
CONTAINER CITY
CONSTRUCTION
www.urbanspace.com ARTIST STUDIOS
CONTAINER CITY
CONTAINER CITY I & II
WORKSPACE & LIVE / WORK SPACE
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CC I CC I
ARTIST STUDIOS
CONTAINER CITY
OFFICE SPACE
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BARKING RIVERSIDE
RIVERSIDEBUILDING
RIVERSIDE BUILDING
CONTAINER CITY
RETAIL
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BOW CREEKCAFE
CHELSEA
CONTAINER CITY
SPORTS
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DUNRAVEN SCHOOL
DUNRAVEN SCHOOL
CONTAINER CITY
RESIDENTIAL
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COVEPARK
RIVERSIDEBUILDING
COVE PARK
CONTAINER CITY
SCHOOLS
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MORPETHSCHOOL
CONTAINER LEARN
FAWOOD CHILDRENSCENTRE
CONTAINER CITY
QUEEN ELIZABETH OLYMPIC PARK,STRATFORD, LONDON
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BBCSTUDIOS VIEW TUBE
OLYMPICBROADCASTINGSTUDIOS
CONTAINER CITY
OTHER
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ANTARCTIC CROSSING
PINCHIN ST.GP’S OFFICE
HOTEL & BAR
URBAN SPACE MANAGEMENT LTDTrinity Buoy Wharf64 Orchard PlaceLondon, E14 OJW
T: 020 7515 7153E: [email protected]
www.urbanspace.com
www.urbanspace.com