JOINT VENTURES

Joint Ventures

Langtree has a clear understanding of public and private partnerships, and has invested considerably at national, regional, and local levels. Our diverse and growing portfolio reflects our ability to create effective partnerships, and this accounts for a significant element of our activity.

Langtree has made several strategic long-term investments in property joint ventures where its expertise has delivered significant value to the partner organisation.

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Our Joint Ventures

Sci-Tech Daresbury

Sci-Tech Daresbury is a private-public joint venture created in December 2010 between Langtree, Science Technology & Facilities Council (STFC), and Halton Borough Council.

Sci-Tech Daresbury create the conditions for ambitious businesses to accelerate growth and deliver real-world impact. They do this by combining world-class science infrastructure, tailored business support and state-of-the-art office and laboratory space.

A place where entrepreneurs and scaling businesses sit alongside international giants. Where SMEs and blue-chip companies learn from each other to reach the next phase of their growth journey. Where they innovate, collaborate with world-leading scientists and academics, other businesses, and gain access to new markets around the globe.

The joint venture paves the way for the delivery of around 1 million square foot of space for science, innovation and research facilities, high-tech businesses and supporting infrastructure, bringing more than 10,000 new jobs to the area over the next 20 years.

click here to visit the Sci-Tech Daresbury website.

Parkside Regeneration

Parkside Regeneration is a joint venture between Langtree and St Helens Borough Council and was established to acquire the former Parkside colliery site located on the south-eastern edge of Newton-le-Willows, St Helens. It is bordered by the A49 to the west, the railway line to the north, the M6 to the east and Hermitage Brook to the south.

A planning application for Phase 1 of Parkside was approved by St Helens Borough Council in December 2019. In November 2021 the Secretary of State sought to uphold St Helen’s Borough Council’s initial consent and approve Parkside Regeneration’s planning application for Phase 1 of the Parkside Development.

Our proposals for Parkside passed detailed public scrutiny via the democratic planning process and then a government-mandated public inquiry and to secure our planning permission we had to demonstrate not just the planning case for the development, but also how we would go about delivering the project in a way that mitigates the impacts of developing the scheme.

Parkside Regeneration is now responsible for developing a deliverable scheme that will transform the disused colliery site into a new employment park. Enabling £80m per year of new economic activity to the City Region and creating up to 1,300 permanent new logistics and manufacturing jobs. This will meet the huge demand for employment space in St Helens driven by the growth at the port of Liverpool.

Parkside is in a great location to take advantage of the investment that is already being made to improve public transport infrastructure in the local area and work has now begun on a development strategy to secure the long-term future economic benefit of the site.

click here to visit the Parkside Regeneration website.

Wire Regeneration

Wire Regeneration has been formed to drive regeneration and development activity in Warrington.

The partnership has been formed between Langtree and Warrington Borough Council, who will be represented and enabled by the town’s economic development and regeneration agency, Warrington & Co.

The aim of Wire Regeneration is to regenerate the Southern Gateway of Warrington town centre.  The joint venture already owns £8.2m of property assets in the Gateway, and the comprehensive masterplan is now being finalised.

Hollinwood Junction

Hollinwood Junction, a joint venture between Langtree and Oldham Council, comprises 15 acres of development land suitable for industrial, commercial, and retail use that is strategically located just off Junction 22 of the M60 in Oldham, Greater Manchester.

This was established for the Hollinwood regeneration scheme and this will promote significant development opportunities in and around Hollinwood Junction. This will bring forward 15 acres of council owned land for high quality business/employment led uses at this location.

The partnership is now fully engaged, and work has now begun on a development strategy to secure the long-term future economic benefit of the site.

click here to visit the Hollinwood Junction website.

Joint Venture Partners