UK Case Study – Lambert Place, Lewes, Sussex
Our first UK development will be at Lambert Place, in Lewes, West Sussex. It’s a small scheme of only 2 homes, but this project will showcase just how good our development model is, as well as providing evidence of innovation and best value in the development process.
The site is currently a disused play area on a council built estate on the outskirts of Lewes.
Click here to see the full set of planning drawings approved by Lewes District Council
Every successful project needs a strong professional team behind it and KSD have been delighted by the support provided by:
Faithorn, Farrell Timms – Our principal technical advisors
Faithorn, Farrell Timms is a firm of multi-disciplinary construction and property consultants with offices throughout the United Kingdom. We have won multiple awards for our continued dedication to sustainability, innovation and collaboration while fulfilling the core professional disciplines of Building Surveying, Quantity Surveying and CDM Co-ordinator.
We are delighted to be working alongside KSD Group on this unique Chinese modular steel housing project at Lambert Place, on behalf of Lewes District Council. We are fulfilling a project management and technical advisory role, overseeing the scheme development and planning application submission based on the design of Mackellar Schwerdt Architects.
We are also pleased to provide our client with professional consultancy advice to achieve Building Control approval. We are looking forward to continuing our involvement with this exciting project through to the construction stage where we will provide site monitoring services in support of our partners.
Mckellar Schwerdt Architects – Project Architects
Mackellar Schwerdt Architects is an award winning RIBA Chartered Practice providing a full range of architectural services and BREEAM Assessment services.
We have a significant track record within the Affordable Housing sector and have worked closely with KSD Group providing architectural design and technical services in the development of affordable, sustainable modular constructed housing solutions.
Established in 1954 we have a diverse range of project experience of residential, commercial, industrial, historic building conservation, community and educational building types from small-scale one-off projects to multi-million pound schemes. We are well placed to ensure that clients benefit from best practice and design innovation, arising from our wide portfolio of projects.
The Practice’s approach is typified by high levels of Partner involvement and the strong sense of project ownership, which has allowed the Practice to develop longstanding client relationships in both the commercial and public sectors.
KSD has no hesitation in recommending these companies to assist you with your project – both have invested time and expertise in helping KSD develop these products for the UK market. They will be our chosen advisors, wherever possible.
The development deal
KSD and Lewes DC have agreed a very simple deal based as follows:
- Lewes DC supplies the land at no cost to KSD
- KSD supplies the 2 new home at no cost to Lewes DC
- Lewes DC has 100% nomination rights
- KSD/Lewes DC enter into a long term lease contract based on a very low rent [about 50% of the local housing allowance]
- At the end of the lease agreement, Lewes DC/KSD each own 50% equity in the home, which either party can buy out, or the homes can be sold with the sales proceeds split equally between Lewes DC and KSD
We hope to have the scheme completed by the summer of 2014 and we will post regular updates on its progress on this site.
Everyone’s a winner with this deal.
We believe that this model will work across the UK with so many local authorities so keen to make better use of their assets and cut the cost of using hostels and private sector lets and hotels.
We can help every council in the country develop its own development pipeline at little cost, as this case study shows.
This model will also work with investors, registered providers and even in the provision of schools and school extensions.
Our low building costs make schemes viable, so contact Ozay Ali for more advice on how KSD can help you deliver your project.