Page 20 - Annual Report 2014/15

Development pipeline

and projects

We are constantly looking for new opportunities and additional green spaces
whose long term future can be secured through our sustainable funding models. “We are absolutely committed
Our Business Development team It has been a signifcant year for us in relation to building great places
coordinates our relationships with key to opportunities progressing with major
business contacts, identifying new housing developments, particularly in the to live and providing high
opportunities and progressing our pipeline south of England. In many cases, the Land quality green space is
of sites and projects in order to achieve our Trust is now becoming involved at earlier
Business Strategy. stages of the planning process. an important part of that
The recent upturn in the property market and Our approach to managing green space has ambition. Partnering with the
our reputation for fnding innovative solutions helped our clients and development partners Land Trust on a number of
and funding models means that our current to incorporate public open spaces within
pipeline extends to over 10,000 ha. schemes, to secure planning permission, our larger developments
enhance amenity values and exit their sites
Our sustainable approach is achieved with a sustainable long term management means that these spaces
through a variety of models involving solution in place. will be sustainably managed.”
freehold and long leasehold of sites. We This year, we have seen our frst site transfer
apply fexible funding solutions that include from a utility company and a number of sites Patrick Law, Group Corporate Affairs
endowments, Section 106 payments and in Scotland are close to being transferred. Director, Barratt Developments plc.
service charges to ensure an appropriate
level of funding to deliver long term benefts
for local communities.

ACQUIRED AT

Some of our other sites acquired in previous years
have seen signifcant activity over the last year.

A management plan has now been At Oliver Road Lagoons, our involvement
developed for the fantastic Fort Burgoyne has seen the successful acquisition of a
site in Dover, with the help of a multi further 23 ha that includes a large proportion
partner steering group. Although the of the West Thurrock Lagoon and Marshes
building will remain secured from the SSSI. In taking the freehold interest of
public whilst a sustainable use is identifed, this site, the Land Trust has committed to
signifcant work has already taken place improving the condition of key habitats
to assess its ecological importance and enhancing an important ecological
and remove vegetation to preserve the resource within the Thames Estuary. Our
historic structure. Plans are also in place current management plan is to focus on
to enhance the surrounding grasslands the site for its biological importance and
and playing felds. This is an exciting provide structured environmental education
project that will be developed over the to the community in future years.
coming years with the aim of providing
a regionally important attraction and
local resource for the people of Dover.

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