Public-private partnership to oversee redevelopment of hundreds of hectares across three sites
The former boss of the Battersea power station development has joined a huge public-private partnership to redevelop land in the East Midlands.
Rob Tincknell spent 10 years in charge of the power station redevelopment before founding his own company, Areli Developments, which is set to develop a commercial strategy for three sites that are each the size of London’s Olympic Park.
The programme will see hundreds of hectares of land redeveloped around East Midlands airport, Ratcliffe-on-Soar power station and in the Toon-Chetwynd corridor.
It is hoped that the three sites, which are being promoted by the local authority and government-backed East Midlands Development Company, will collectively generate 84,000 jobs and add more than £4bn to the region’s economy.
Areli’s professional team in the area will include architects Benoy, regeneration consultant Urban Delivery and placemaking consultants MurrayTwohig.
Tincknell stepped down as chief executive of the Battersea Power Station Development Company Limited in 2018.
That project underwent another rejig at the top last month, with chief executive officer Ian Feast moving on – reportedly to the entertainment group behind the planned Sphere music venue in east London.
Tinckell now oversees a development portfolio including more than eight million square feet of mixed-use regeneration projects. He said his company was thrilled to be working with the East Midlands Development Company and that they would begin engaging with local communities and stakeholders over the next year.
“Our team includes some of the leading real estate strategy specialists in the UK, all of whom are extremely excited to work with the development company to help create a robust and compelling vision for the future of three extraordinary projects,” he added.
Richard Carr, managing director of the development company, said the sites represented “one of the biggest and most ambitious development opportunities in the UK’s regions”. He said the appointment of Areli was a “mark of how high we are aiming”.
The development company is also working in partnership with the East Midlands Freeport, with some of its sites lying within the proposed boundaries of the freeport.
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