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16/4/2014
Quintains decision is a result of a fundamental review of their business, and a strategic decision to focus on development in London, concentrating on major developments in Wembley and Greenwich. What has been made clear is that Quintain is both proud of the relationship with BioRegional, and of the leading sustainable developments in Brighton and Middlesbrough. It says it is committed to taking the learning from One Brighton and Riverside One into their mainstream business. BioRegional Quintains work has proved the viability of cost-effective sustainable community development, and while Quintains decision is obviously disappointing, BioRegional is not exposed to financial risk. Pete Halsall, Chief Executive of BioRegional Quintain said: BioRegional Quintain has demonstrated the tremendous potential for sustainable development, especially with the highly successful One Brighton project. The economic climate means that Quintain has to focus on its core portfolio right now but this kind of development, based on genuine sustainability, is absolutely still the future. I am going to focus on carrying on and indeed advancing much needed deep green development. BioRegional Quintain Ltd was originally formed as a joint venture between Quintain Estates and BioRegional Properties (a limited company in which the charity, BioRegional Development Group, is a shareholder). Following a restructuring in 2010 the charity is a deferred shareholder in BioRegional Quintain Ltd, which in turn is a licencee of the BioRegional name owned by BioRegional Development Group.
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http://www.architectsjournal.co.uk/news/daily-news/bioregional-quintain-to-close-doors/8622489.article
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16/4/2014
http://www.architectsjournal.co.uk/news/daily-news/bioregional-quintain-to-close-doors/8622489.article
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