Middle Deepdale Scarborough Large Scale Regeneration Partnership New

Middle Deepdale Scarborough ‘Large Scale Regeneration Partnership’

New Eastfield Master Plan Scarborough

1999 to 2009 • Master Plan to develop 93 acres of farm land with 1350 new homes and a new link road to connect the A 64 to A 165 adopted in the Local Plan. • Regeneration of Eastfield estate, listed in top 10 of Englands most deprived estates driving greenfield development. • Land owners - Scarborough BC and Kebbell Homes, joined in a Development and Strategic Partnership Agreement • 10 yrs of Stop / Start activity, challenging dialogue, changing planning policies and housing market strain. • Investment Plan for the wider regeneration of Eastfield adopted by the Parish Council and local community.

Large scale master planning “Ageing Well” New Resources, ECH, new affordable housing and homes for sale creating efficiency and inclusion 1350 New Homes 10 -15 yrs Phase 1 Extra care School Local Retail Recreational Catalyst to regeneration Affordable housing Market sale Training & Employment

2009 To 2010 2011 • Keepmoat approach to land owners and Partnership dialogue evolved. • Keepmoat driving the acceleration of planning and Regeneration activity • K 2 (Kebbell & Keepmoat) LLP Registered with Companies House Dec 10. • SBC Cabinet approved novation of existing agreements to K 2 LLP - SPA signed Feb • Outline planning consent for 1350 new homes & full planning for the highways infrastructure – Sept • Sanctuary secure HCA grant NAHP 2011/15 for 60 ECH and 30 General needs 100% affordable. • Keepmoat and Kebbell commit to 182 new homes for sale. • Planning performance agreement to deliver MDD signed by all partners

2012 • New Eastfield Action Plan approved by all stakeholders replacing the Eastfield Investment Plan. • Full planning consent for phase 1 (60 ECH, 30 Affordable homes, 120 Keepmoat Homes & 62 Kebbell homes). • HCA contract signed. Keepmoat SOS ECH scheme

2013 • Kebbell secured GBB loan from HCA to assist delivery of infrastructure on Ha 2. And capital compensation from NYCC agreed to invest in MDD infrastructure. • Keepmoat SOS 30 affordable general needs for Sanctuary Group. • SBC Cabinet approval to recycle land receipts into the wider regeneration of Eastfield.

2014 • Home Group on board with HCA grant for 60 Affordable homes on Ha 1. • SOS delayed due to flawed Highways infrastructure consent, Renegotiation with Highways & Planning • Secured offer £ 2. 3 m LEP for Ha 1 infrastructure, commenced due diligence process. • Shortlisted for HCA LSIF funding £ 15 m infrastructure for MDD and additional land to the West and North owned by SBC & Kebbell = additional 1150 new homes.

Successful PPP Structure Keepmoat MDD Regen/Homes/ KPS K 2 Strategic Board Kebbell Homes Master plan Eastfield Service Delivery & Developer

Funding Options • On/Off Balance sheet • Length & cost of fund Sites Construction • New build • Remodelling • Product type Operations • Management • Maintenance • Lifecycle Successful Delivery Requires Integration • Land assembly • Existing assets Partnership Requirements • Right Partners • Procurement • Structure • Guarantees

TIME OF CREATIVITY & OPPORTUNITY !