Waystone has proven capability to negotiate and operate partnership arrangements for the reclamation and redevelopment of all types of land both in public and private ownership.
Local authorities and public bodies can benefit from the expertise and investment that Waystone can offer. This was evidenced in the Kingsbury Link project, which was carried out in partnership with North Warwickshire Borough Council:
"The success of this project depended on trust and confidence between the partners in understanding and managing the risk involved. We found Waystone very good to work with and believe the final outcome to be a matter for pride for both them and the Council."
Director of Environmental Services
North Warwickshire Borough Council
The issue of trust is equally important when working with private sector partners and Waystone has developed open book accounting and financial models to suit different types of project.
In Derbyshire Waystone's planning and engineering team designed the 300-acre mixed development regeneration scheme with the help of Bolsover District Council and formed a partnership with the Sitwell family. Here is what the family agent can tell you:
"For over 10 years I have represented the Sitwell family in their dealings with Waystone over the 300 acre development site at Barlborough, Derbyshire. During that time we have faced many difficulties but have always worked together to find a fair and proper solution that has served the common and individual interests well."
Waystone Ltd and Yorkshire Forward, the Government's Regional Development Agency for Yorkshire & Humberside together with Wakefield Metropolitan District Council are regenerating the site of the former Glasshoughton Colliery. This is creating an exciting development that offers excellent communication links and superb, purpose built premises. In the heart of the £200m development are quality retail, sports and leisure facilities whose central feature is a spectacular leisure mountain containing an indoor ski and toboggan centre with real snow. The Glasshoughton project has been funded jointly by English Partnerships and Waystone Limited and has been supported by ERDF grants from the European Commission in the sum of £2 million. The project has also been fully supported throughout by Wakefield Metropolitan District Council.
Waystone is continually seeking new partnership opportunities with owners of difficult or derelict land and can introduce investment where this is needed.
Currently Waystone has partnerships in place with:-
Yorkshire Forward at Glasshoughton, Castleford
The Sitwell Family at Barlborough and Clowne, Derbyshire
Hall Construction and West Lothian Council at Riddochhill in Scotland
Powerfuels at Stainforth, Doncaster
Moto at Hatfield, Doncaster
UK Coal at Glasshoughton, Castleford
Countryside Properties and CP Holdings at St Albans, Herts
Castleford Tigers and WMDC at Glasshoughton
Waystone’s largest partnership initiative is with Cibitas where Waystone is an equal shareholder alongside ING and Stanhope and others to secure similar development opportunities for large urban regeneration projects, the first one likely to come on stream being the Holt Town project in North East Manchester