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Maximising the social, cultural and financial outcomes of placemaking

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As part of Ashurst’s ‘Reimagining Real Estate’ campaign, our Practice Group Head Richard Vernon speaks with David Lockyer, Head of Campuses at British Land. In a wide-ranging discussion, the two of them discuss what is meant by ‘placemaking’, why it’s so important, and how it can best be achieved.

During the conversation, David reflects on the lessons learned from the ongoing transformation of Broadgate, a 32-acre office-led Central London campus. He explains how a shared vision, clear placemaking principles, and careful consultation helped capitalise on the existing asset and create deeper connections for the people who spend time there.

Richard and David also discuss how to strike the balance between financial pressures and creating an outstanding place, how to measure success, and what more can be done to elevate environmental, social and governance factors in placemaking.

The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.

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