BY Peter Deeley
In a world which is increasingly digital, and where reality can be virtual – we are currently working on a £15 million project which has underlined the slightly older values of trust, knowledge and relationships.
We finished a very nice project for Warwickshire College Group at Pershore last year, and off the back of that picked up an enquiry from the College in Leamington as it had a contract to provide training to more students and therefore provide additional student accommodation.
The college was looking to a development team in the private sector to fund such a scale of operation. So we put forward a structured package of funding, designing and building of the units.
After talks with the college, the fund we introduced purchased 100 existing student units, we are building 100 now and there is an option on a final phase of 64 units.
So the funder will end with an investment of 264 student units in a very good location in the centre of Leamington.
The significance is that it really shows what local companies can provide when it comes to need. In short, if you have the requirement for housing there are always ways of providing funding and the ability to deliver.
It is a specialised area but we understand the way the funds need to be structured. We believe we have an overall view of development that allows us to structure packages so all requirements are met:
The college has its student accommodation
Deeley Group are completing a sizeable building contract
…..and the funder has a good investment!
Literally win, win, win!
Our size and our experience are key. We are local enough to really know the market yet large enough to be attractive to these types of property fund investors. Part of our ability is to comprehend how much the funds have to invest in property.
Knowing that and knowing the client’s needs, we agreed a formula which would be attractive to all sides.
This was not a banking property proposition in this post-recession climate. The figures would not have worked with a conventional banking arrangement.
Over the last decade, we have consciously developed an expertise in how funds work and how investors operate.
Construction, like all other industries, has moved with the times but it is interesting that in arrangements such as this, relationships and trust in those relationships, is fundamental. Without that element, nothing would work.
There are matters of confidentiality from all sides, and all parties have to have faith that the others have the ability to deliver what they are promising.
The funds are out there – not necessarily with banks – but you have to find the right ways to invest it and the right people to work with. If you can do that, the results can be mutually beneficial.
A new affordable family housing development in Leamington Spa has hit a high point – thanks to the town’s Mayor.
Councillor Ann Morrison, the Mayor of Royal Leamington Spa, performed a topping out ceremony with developer Orbit and Coventry-based Deeley Construction at Union Park, a £29 million development of 143 affordable family homes on the former Soans motor dealership site in Sydenham.
The regeneration of the seven acre site along the Grand Union canal will offer a range of new housing options for local people, including 55 homes for sale, 39 for shared ownership (part buy, part rent) and 49 for affordable rent.
Councillor Morrison said: “It is always encouraging to see the productive re-use of brownfield land and this site is an example of that, so I was delighted to play my part and will follow the development closely as it moves towards completion.
“It is well documented that there is a national, regional and local shortage of housing, and we are keen to see a range of quality affordable housing in our area allowing people to get on to or move up the housing ladder.
“It will be great to see the first phase of Union Park completed and occupied next year.”
The development is due for final completion in the first half of 2018.
Anthony Holt, head of development at Orbit, said: “It’s a real pleasure to see our newest development in Leamington reach this important milestone. The town’s housing market means there is shortage of affordable housing in the area. Through Union Park, Orbit will offer canal-side living to local people and provide a range of quality homes to meet their differing needs and aspirations.”
Union Park is the second time in recent years Orbit and Deeley have worked together in the town after their successful collaboration on Queensway Court, which saw the creation of 178 independent living with care homes.
Peter Deeley, of Deeley Construction, said: “Union Park is much needed in terms of the styles of property and range of tenures it offers and we are grateful to Councillor Morrison for marking this important stage in the construction process.
“The Queensway development has proved extremely successful and created a vibrant community. We are sure that Union Park will do the same here on the other side of the town.”
Pictured (left to right): Anthony Holt (Orbit), Peter Deeley and Martin Gallagher (both Deeley Construction) and Councillor Ann Morrison
The wheels are rolling on the creation of the new £5.5 million bus depot for mid and south Warwickshire.
Warwick-based developer AC Lloyd and project managers Minns Network are creating a new depot and engineering hub for Stagecoach at Trident Park, in Warwick, as part of a major redevelopment plan in the district.
The company is currently based at Station Approach near the town centre of Leamington but is relocating from this site as part of a comprehensive redevelopment of the land for housing, the majority of which will be available for rent or shared ownership through Waterloo Housing Association.
Work on the depot will be completed in April 2017 and it will include six mechanical maintenance pits, two areas to allow buses to be elevated for repair and inspection, an engineering office, a bus wash and parking for more than 75 vehicles.
Des Wynne, of AC Lloyd, said the new development would be a double improvement for the region.
“Station Approach will see the creation of much-needed affordable homes in a really convenient location close to the railway station and in turn has given Stagecoach the opportunity to create a state-of-the- art depot in Trident Park from where they will run their local operations,” he said.
“This will mark the completion of the Trident Park Development following the recent development of a new teaching facility for Warwickshire College, and the Trident Business Centre, both of which were successfully completed last year.”
He said: “It is also a very good news story for local businesses. Deeley Construction, who are based in Coventry and have worked extensively in the Leamington area, have won the depot construction contract.
“The two companies worked together recently on the College building and the contract went extremely well. The legal work was undertaken by Wright Hassall who are a stone’s throw from the site while the two agents – Bromwich Hardy and Avison Young – are also both local which really does underline the strength of the professional sector in this area.”
Stagecoach will have 165 people working out of the new depot, with buses and coaches operating from there across the area and into Coventry.
Steve Burd, Managing Director for Stagecoach Midlands, added: “”Bus services operated from the depot will cover South Warwickshire and run as far as Coventry in the North , Stratford in the South, Evesham in the West and Southam in the East .Our initial fleet will consist of 27 double decks , 26 single decks and 14 Gold standard minibuses.
“The move will allow us to significantly improve our engineering capability on site and provide our staff with the best modern facilities in which to work.”
Front; Steve Burd (left) and Des Wynne
Rear from left: David Tew (Avison Young), Tom Bromwich (Bromwich Hardy), Claire Waring (Wright Hassall), Steve Turner (Deeley Group)
‘Working in partnership’ is one of those buzz phrases that so many businesses try to claim but so few can genuinely prove to be true. But when it comes to the Coventry based Deeley Group – a leading property development and construction firm – it’s a commitment to partnership that sees the company celebrate its 80th anniversary in 2016 in a very strong position.
It is working with a range of clients and partners from across the Coventry, Warwickshire and West Midlands region as well as a host of national organisations.
If you take this area alone and travel from north Warwickshire down through Coventry and into the south of the county, the evidence of the firm’s work is clear to see.
At the moment, Deeley Construction is working on a major extension to the Holland & Barrett headquarters at Bermuda Park in Nuneaton – a site developed by the Deeley Group over four decades.
And, in Stratford, the company has recently started work on new keyworker, private-rented accommodation on behalf of Orbit in the Town Centre – a site developed in conjunction with two other companies as part of the ABD partnership.
Add to that an unwavering commitment to a host of community and charitable causes including the Belgrade Theatre Trust, the Heart of England Community Foundation and the Grace Research Fund (among many others) and the positive impact that one firm – started by bricklayer George Deeley in 1936 – can clearly be seen.
Peter Deeley, George’s son, is still heavily involved with the firm as managing director of the group.
He said: “Developing partnerships is something that has always been important to us as a company and I believe it’s critical in today’s market.
“Some of the work we are undertaking at HORIBA MIRA, with both Warwick and Coventry universities, with the likes of Orbit Homes and LondonMetric, is all about relationships and partnership.
“It’s not simply about being a contractor or developer – it’s about being a part of the team that is going deliver a project. The construction team is winning repeat work with a number of clients and, again, I believe that comes down to the fact that we are seen as a partner not a contractor.
“When working in this area, our local knowledge really is of benefit to the client – it cannot be underestimated how valuable that can be. We have 80 years’ experience in this region and in this sector – few can say that.
“Another important point to stress is communication. In any business, you meet challenges but we always find it’s best to be open and transparent and talk to the client and others involved – again, that’s what partnership is all about.”
The company has been held in high regard, almost from day one in 1936.
GW Deeley, as it was then, won acclaim for providing the ‘best air-raid shelters’ in Coventry soon after the firm was established – a key market at the time! Then, in the 1940s, the company won a great deal of work building council houses in the Coventry and Rugby areas.
The 1950s and 60s saw further expansion of the business as the company branched out into building schools and other public buildings.
It developed its own HQ in Torrington Avenue, Coventry, and Peter joined the firm.
“I ran my first housing development site in Balsall Common,” he said, “it came in on time and on budget!”
The 1970s and 80s saw further expansion for the company, both through natural growth and through acquisition, with the purchase of Garlicks, the oldest Coventry building company which began trading in 1862.
The firm even dipped its toes into international waters by creating a Saudi Arabian division to help with major construction projects in the wake of the oil boom in the country.
It was in 1981 when the group first became involved with Bermuda Park in Nuneaton which is one of the most striking examples of regeneration across the region.
Over the course of 35 years, the company has turned a former rubbish dump and open cast coal mine on the outskirts of the town into a thriving location where people, quite literally, work, rest and play.
More than 1,000 new homes have been created on the site as well as jobs for more than 2,000 people and, once again, Deeley has worked with a range of partners to bring it forward – from local MPs through to the local community, for whom new sporting and social facilities have been created.
In 2008, the company made a move of its own to a new, purpose-built headquarters, named George House, at the Coventry Business Park.
From there, its reputation as one of the most respected, independent construction and development companies in the West Midlands has continued to flourish.
Its Queensway scheme in Leamington has, again, been an exemplar in regeneration. It saw a manufacturing company rehomed onto another Deeley site in Southam and the brownfield site was then developed into retail, employment space and new homes.
Peter Deeley said: “As a company, we have always tried to be more than just a business, but a member of the community both where we are based and where we are working.
“We support several charities and community initiatives across Coventry and Warwickshire because we believe that is the right thing to do.
“Again, it all comes down to partnerships and that word might explain why we’ve made it to our 80th anniversary and are still going strong!”
(Image: Deeley Group’s, Mixed-Use, Queensway Development)
‘The Deeley 80’ is being held in aid of grant giving organisation the Heart of England Community Foundation, based in Coventry, which gives funding to groups and organisations who make a lasting difference in their area.
Cyclists from Deeley’s clients and partners, will travel from the Deeley head office in Coventry, through the Warwickshire countryside and then return to the city on Sunday, September 11.
All of the money raised will be matched by the Deeley Group before being donated to the Foundation.
To celebrate the charity ride, the company welcomed a piece of the city’s cycling history to its headquarters – a 1936 Coventry Eagle triple ace convertible tandem – thanks to Coventry Transport Museum and its curator of cycles and transport objects Megan Nass.
The 80-year-old bicycle, built the very same year the Deeley Group was founded, is one of only six ever made and one of just three still in existence.
Peter Deeley, managing director of the Deeley Group, said: “The Heart of England Community Foundation is a highly important organisation which gives community and voluntary groups the opportunity to make an impact in their local areas and we are proud to be supporting them as part of our 80th anniversary celebrations.
“The foundation has supported some excellent projects and it is good to know that all of the money raised will go straight into the community where it is needed the most.
“The bike ride should be an excellent, yet challenging, event and I would like to thank Megan and her team from the Coventry Transport Museum for visiting our headquarters and giving us the opportunity to find out more about a piece of Coventry’s cycling heritage.”
The Heart of England Community Foundation manages a range of funds on behalf of companies and trusts across the area and awards the money to groups and organisations in Coventry, Warwickshire, Birmingham, Solihull and the Black Country.
Tina Costello, CEO of the Heart of England Community Foundation, said: “The Deeley Group has always been a great supporter of the Foundation and we are delighted that they will be raising funds for us as part of their 80th anniversary celebrations.
“The 80 mile ride should prove a tough challenge for those taking part and although I won’t be taking part, I’ll be there to cheer everyone on.”
Donations can be made by visiting https://mydonate.bt.com/fundraisers/deeley80
Deeley Construction is celebrating its 80th anniversary with a string of industry award wins and nominations.
The company, which was formed in 1936, is holding a series of events throughout the year to commemorate the milestone.
And Deeley Construction has also been recognised at two major awards ceremonies already this year for work it has undertaken across the Midlands region.
The firm landed a Silver Award at the Consider Constructors Scheme’s National Site Awards in Manchester for its work in creating a new B&M Store at Coventry Airport Retail Park.
At the same ceremony, Deeley Construction was presented with the Bronze Award for the Technology Centre at the MIRA Technology Park.
The company’s outstanding new teaching facility at Pershore College, which is part of Warwickshire College Group, was shortlisted in two categories at the West Midlands Celebrating Construction Awards – Project of the Year and Integration & Collaboration.
Martin Gallagher, managing director of Deeley Construction, said: “We work hard right across the company to ensure we deliver the very best service and, ultimately, the very best buildings for our clients.
“To receive recognition at awards ceremonies is a further testament to what we do and highlights that we offer best practice to clients.
“We are very proud of the projects that were recognised as they show-off a variety of works that Deeley Construction can undertake.
“It’s fitting that in this year of celebration for the company that we are continuing to grow and be recognised for our contribution to the built environment in this area.”