East Plus: Progress Through Partnership
Progress Through Partnership...
“’...the public and private sector coming together for regeneration, and being able to deliver more, better quality, faster.”
Gerald Eve LLP has been jointly commissioned by SEGRO plc (SEGRO) and GLA Land and Property Limited (GLAP) to undertake a mid-point review of the ‘East Plus’ Partnership (the largest private/public sector industrial led regeneration partnership in London).
The purpose of this mid point review is to capture feedback from those involved in the Partnership; SEGRO and GLAP, and the wider stakeholders to obtain both qualitative and quantitative evidence of the impacts and outputs to date. The benefits of undertaking a mid point review is that its findings can help shape the future stages of the East Plus Partnership and project.
A further purpose of this review is to hopefully inspire other public / private sector organisations, that are considering working in partnership, to bring forward regeneration of under-utilised land in London and nationally.
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Key Review Findings
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Scale is an enabler The scale of the portfolio made it viable for SEGRO to commit resources and funding from the outset towards establishing connections and supporting community projects. |
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Measuring key outcomes Looking ahead to the next stages of East Plus, and for others embarking on a similar journey, it will be important to find a way to monitor and measure the social value delivered |
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More than buildings Both SEGRO and GLAP understood that this project was about so much more than just delivering buildings. This vision, and the wider outcomes desired, has helped shape the partnership, from the early stages of selection to the ongoing working arrangements. |
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Community comes first Resources were committed to the local community from the start. Prior to any on-site development, SEGRO set up a £300,000 Community Investment Fund. Key projects were identified to receive funding, with specific outcomes to support across the East Plus area. |
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Agility built in The partnership between SEGRO and GLAP was procured by GLAP via a formal OJEU competitive dialogue process . This ongoing engagement between parties, through the competitive dialogue process, enabled flexibility to be built into the Development Agreement whilst it was being drafted. This flexibility has allowed SEGRO to be agile in the delivery of the developments at East Plus. |
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Wider infrastructure concerns Outcomes of East Plus can be enhanced by the bringing |
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Preferred partnership Route Both GLAP and SEGRO have identified clear benefits to progressing a partnership route over bringing forward the sites as individual disposal plots, and at the mid-point the partnership and the project can be declared a success based on outcomes already attained. |
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Wider stakeholder engagement The Partnership between GLAP and SEGRO was the overarching partnership but this is only one of the many stakeholder partnerships in place that have contributed to the success of East Plus to date. |
