Northern Trust has extensive experience in the development of commercial and residential schemes and benefits from an in-house project management team.
The company has more than 5,000 acres of land under ownership/management throughout the UK, with over 1,500 acres currently being promoted through the planning process for mixed use development. Northern Trust works closely with house builders, local authorities and special purchasers in bringing forward regeneration opportunities; and has already secured planning for circa 4,500 homes with the potential of bringing forward a further 1,500 houses over the next 12 months.
Operating throughout England, Scotland and Wales, the team along with landowners, developers, local authorities, communities and other key stakeholders promote and deliver large scale development projects.
In addition, Northern Trust has developed over 2 million sq ft of commercial space in over 40 locations with over 0.5 million sq ft approved ready for development, and benefits from a large strategic land bank for the longer term. Northern Trust will also look at undertaking development for third-parties on a pre-sale or pre-let basis.
Northern Trust has also undertaken numerous capital projects covering a range of sectors including residential, commercial, retail and leisure. In addition the team has entered into residential partnerships / joint ventures and completed various major refurbishments. The division has a broad knowledge of working with both the public and private sectors on sustainable mixed use brownfield developments, with many schemes benefiting from grant assistance from central government and the European Union.
With an already successful disposal strategy, the land team work closely with both house builders and special purchasers on bringing forward mixed use regeneration schemes, on either a straight for sale or joint venture basis.