Michael Beaman Ltd. - Regeneration Solutions

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GREATER LONDON ENTERPRISE

Regents Wharf, Kings Cross

MANAGEMENT

Greater London Enterprise was jointly owned by London Boroughs. It invests in companies and property in London to support enterprise and to create employment. I was M.D. of GLE (Properties) from 1985 to 89 and built it from a loss making embarrassment into a profitable and significant force in industrial and commercial development. I was also a Director of GLE companies specialising in venture and development capital investment, Chairman of The Business Village Ltd, a founding Director of GLE-Rosehaugh Developments plc, and a director of Southbank Technopark. 

PROJECTS

  • Formed and ran GLE-Rosehaugh Developments plc with Rosehaugh to fund regeneration schemes. Projects included the relocation of Plessey Controls from Lewisham Town Centre to a new 70,000 sq ft facility in Deptford, and the development of 45,000 sq ft speculative industrial units on 3 acres at Devons Road, Bow.
  • Formed partnership with Estates & General PLC which renovated and developed Victorian warehouses and develop 160,000 sq offices and workshops on Grand Junction Canal site behind Kings Cross, L.B.Islington.
  • Through The Business Village Ltd, developed and managed two large 'business centres' providing small business units in Wandsworth (100,000 sq ft, the former Rediffusion Works); and Croydon (45,000 sq ft, formerly Slazenger office & warehouse)
  • Industrial and warehouse developments on old railway sidings in Milkwood Road, Brixton. (70,000 sq ft) and at Devons Road, Bow, targeting companies relocating from Docklands.
  • Grant funded renovations of space for small businesses in North Kensington and North Westminster. One scheme was constructed by a training scheme using ex-offender trainees and subsequently targeted at ethnic minority start up companies.
  • Invested in and supervised the creative management of a substantial and mixed portfolio of commercial / industrial investment properties in inner London including holdings in Southwark, Wandsworth, Lewisham, Newham, Haringey, Kensington & Chelsea, Westminster, Islington, Hackney, Richmond, Camden, Hounslow , Southwark, and Tower Hamlets. (Finance provided by Charterhouse, Royal Bank of Scotland and Co-operative Bank)

SOUTHBANK TECHNOPARK LTD

Director of Southbank Technopark, which managed an 80,000 sq ft modern multi-storey 'nursery centre' for small hi-tech companies. This was funded by Prudential/Prutech who ran it in partnership with Southbank University and British Technology Group.

Click here to see a 'Chartered Surveyor Weekly' article on the GLE programme.

© Michael Beaman Limited
Tel: (020) 8 969 9547 email: beaman@regenerate.co.uk