Areli - Real Estate
GUNWHARF QUAYS, PORTSMOUTH

In the 1990s, the forward-thinking Portsmouth City Council adopted a comprehensive regeneration strategy aimed at opening up the natural harbour to help draw people to the city and be a catalyst for growth.

The Gunwharf Quays project was at the heart of this plan with a goal to turn the 33-acre derelict naval base into the centre-piece of Portsmouth’s urban revival. In 1995, The Berkeley Group was selected as developer and soon after, a careful blend of offices, residential, shops, restaurants, leisure and hotels was established around historic buildings, new squares, canals and harbour front spaces.

The development opened in 2000 and was soon drawing families to the city from well over an hour’s drive away.

After nearly 20 years, the resilient project still attracts nearly 10 million people to the city p.a..

Gunwharf is widely regarded as a pioneer of ‘placemaking’ and mixed use development and as such, the scheme has won multiple awards including the coveted British Urban Regeneration Association – Best of the Best Crystal Award.

SPENCER DOCK, DUBLIN

The Dublin Docklands Development Authority was established in 1997 to lead a major programme of physical, social and economic regeneration on the east side of Dublin. The aim was to help facilitate the area into becoming a world-class city quarter of sustainable inner city regeneration.

The 59-acre Spencer Dock development was by far the largest single project and the centre piece of the north docklands. Reflecting the importance of the site to the local community, Treasury Holdings hosted a fully integrated planning exercise where the community were actively involved in the masterplanning of the project. This innovative approach, never before undertaken in Ireland, was a great success and consent was soon secured for over 9 million sqft of mixed use accommodation and over 15-acres of new public realm.

Construction commenced in 2004 and the landmark project now boasts new homes, transport infrastructure, a canal side park, public squares, corporate HQ offices, shops and restaurants. In 2010 the team were also proud to open Ireland’s new National Conference Centre. Designed by Kevin Roche, the 750,000 sqft building was the first carbon-neutral convention centre in the world and has since become a major catalyst for growth in the City.

BATTERSEA POWER STATION, LONDON

Battersea Power Station sat idle on the banks of the River Thames for nearly 30 years. However, in 2008 a bold new plan emerged which sought to address the principal challenges: public transport; the surrounding environment and economic viability.
After one of London’s largest public consultation exercises, the 10m sqft project was granted planning consent in 2010, the largest permission ever granted in central London. In 2012 Transport for London formally supported the developer’s ambitious proposals for an extension to the underground network to serve the development and surroundings. Later that year, after 4 years of endeavour, the UK Government also backed a £1bn funding solution thereby making the transport solution viable.

Construction was started in 2014. Phase one was completed in late 2017 which boasts over 1.1m sqft of commercial and residential, new shops and restaurants, a river front park and river bus terminal. A further 3.5m sqft is currently under construction (Jan 2019), including the historic icon itself.

Over 1,500 people now calling Battersea Power Station home. Encouraged by the Local Authority, integration and support of the existing and new communities was always a priority with multiple pioneering initiatives put in place, from skills academies through to a community choir and specifically designed social networks.

CHINA REAL ESTATE OPPORTUNITIES

The creation of China Real Estate Opportunities (CREO) drew together seven urban regeneration city centre projects in Shanghai, Hongqiao, Beijing and Qingdao. Originally valued at over £750m, the business was successfully floated in 2007 on the London Stock Exchange, establishing the largest western real estate company operating in China.

The business approached projects with a strong emphasis upon innovation and the people they served, with regeneration, rather than redevelopment often being a common theme. Skyscrapers in People Square, Shanghai and large scale mixed use centres in Hongqiao were given a new lease of life through comprehensive regeneration and repositioning.
CREO was also chosen as development partner to the Shanghai Government on one of the City’s largest environment projects. Building on knowledge from Gunwharf Quays, CREO was also chosen as development partner to the Qingdao Government on an ambitious 5m sqft waterfront mixed use development.

Through substantial growth, the business maintained a strong people focus, with specific initiatives, such as the very active CREO Foundation for the Children of China and a strong support of Chinese art and culture.