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November 2016 Maidstone East Development: A Collaborative Project Simon Dodd - GEN² / Kent County Council & John Foster - Maidstone Borough Council

Maidstone East: A Collaborative Project

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Page 1: Maidstone East: A Collaborative Project

November 2016

Maidstone East Development: A Collaborative Project

Simon Dodd - GEN² / Kent County Council & John Foster - Maidstone Borough Council

Page 2: Maidstone East: A Collaborative Project

M20 (4 mins)M2 (7 mins)

Via A229

Page 3: Maidstone East: A Collaborative Project
Page 4: Maidstone East: A Collaborative Project

MBC’s 5 year Town Centre

Investment Plan

Page 5: Maidstone East: A Collaborative Project

MBC Draft Local Plan:Policy RMX1 (2)Maidstone East and former Royal Mail Sorting Office, Sandling Road,Maidstone

Allocated for development for up to 10,000m2 comparison andconvenience retail and approximately 210 dwellings

Page 6: Maidstone East: A Collaborative Project

Why intervene and collaborate?• Opportunity driven to facilitate wide reaching

quality place making• Emerging Planning Policy for a Strategic

Gateway location• Previous market failures• KCC neighbouring landholdings & operational

requirements• OPE synergies

Page 7: Maidstone East: A Collaborative Project

Collaboration Benefits?

• Sharing risk and reward• Complimentary skills and experience• Synergy with other government agendas• Wider town centre regeneration plans• Major stakeholder engagement to deliver a

shared ambitious vision

Page 8: Maidstone East: A Collaborative Project

Partnership

• Agreement to share pre-acquisitions costs• Memorandum of Understanding (MoU) setting

out long and short term objectives• Project team formation• Joint appointment of external advisors• Supporting Economic Business Case• Feasibility & Development Appraisals

Page 9: Maidstone East: A Collaborative Project

Governance

• KCC/MBC Collaboration Agreement• Detailed Business Plan including preferred

short term holding strategy• Formation of KCC/MBC Strategic Board• Financial protocols• Project team delegations

Page 10: Maidstone East: A Collaborative Project

Governance

Strategic Board

Work streamFinance

Work streamHolding Strategy

Work streamMaster planning

Project Team

Page 11: Maidstone East: A Collaborative Project

KCC/MBC Maidstone East Project

Page 12: Maidstone East: A Collaborative Project

Masterplanning• Early Stakeholder engagement/consultation

throughout• Appointment of lead consultant and wider

multi-disciplinary team• Extensive site investigations• Market intelligence (occupier/investor demand)• Value engineering through design • De-risking to enable private sector delivery

Page 13: Maidstone East: A Collaborative Project
Page 14: Maidstone East: A Collaborative Project

Q & A