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Slough Urban Renewal Local Asset Backed Vehicle

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28/04/2017

At a glance

65+ new classrooms built

4,612 People employed across these projects

82 training/graduate posts created

£220M worth over 20 completed projects

£61M over 3 projects

SUR is delivering a programme of joint developments and community projects including over 2,000 new homes. To date the JV has completed 20 projects worth over £220m with 3 under construction worth £61m and is currently developing further projects with a total gross development value of £850m.

Project

Slough Urban Renewal Local Asset Backed Vehicle

Location

Various sites in Slough

Dates

2016 - Ongoing

Partners 

Slough Council and various Morgan Sindall group companies

Value

£1.3 billion

  • 82 training/ graduate posts created

  • Major regeneration programme

  • 2,000 new homes

  • Award winning library and cultural centre built

  • Created new homes, educational, cultural and mixed use projects

Slough Urban Renewal LLP is a 50:50 joint venture property partnership between Slough Borough Council and Morgan Sindall Investments Limited, a wholly owned subsidiary of Morgan Sindall Group.

https://www.slough-thinkingforward.co.uk/

Slough Urban Renewal demonstrates Morgan Sindall’s broad-spectrum delivery capability.

Local contractors

  • Of 414 sub-contractor packages on SUR Projects - 95% are SMEs

  • Site operatives: Total number of people employed on Morgan Sindall projects (4,612)

  • 1,597 live within 25 miles of the Borough of Slough, of which 477 live in the Borough of Slough

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