UK: Turner & Townsend commits to Teesside as Combined Authority regeneration plans secure Government backing
Global professional services company specialising in the real estate, infrastructure and natural resources sectors, Turner & Townsend has reinforced its commitment to the Tees Valley by signing up to extend its lease on offices in Thornaby-on-Tees.
Turner & Townsend was founded in Darlington in 1946 and now has 104 offices in 44 countries (17 in the UK alone). The Tees Valley team is based at Victoria House, Thornaby, where 50 experts work with leading clients in the education, chemicals, heritage, and natural resources sectors.
Turner & Townsend Director, Darren Laybourn, said:
“Our plans to invest in boosting the regional economy are one of the many reasons for the renewed commitment to the area, with a new 10 year lease at our current location.”
Turner & Townsend hosted Tees Valley Mayor Ben Houchen at their offices on 7 February 2018, following a recent highly successful series of round table events around the UK organised by Turner & Townsend, in partnership with Bevan Brittan LLP to explore the City Assets report produced by think-tank Centre for Cities.
The event was chaired by Tees Valley Mayor Ben Houchen, and was attended by representatives from the North East England Chamber of Commerce, Middlesbrough, Stockton, Redcar & Cleveland and Hartlepool Borough Councils, Teesside University and a number of leading local businesses.
Ideas were discussed from Centre for Cities for new models of driving development at a time when councils are seeking further efficiencies. Its City Assets report says regions need to use their property assets as the centrepiece of economic development visions rather than them disposing of their assets independently.
Mayor Ben Houchen said:
The City Assets report supports my own beliefs that we need further devolution and local autonomy for local people, we know our area the best and we know what will have maximum impact for our region. The best way to lever our assets is to look across the Tees Valley as a whole and see our industries, our port, and our infrastructure as part of a wider plan to take development forwards.”
He added: “I am in discussions with government for a second devolution deal looking to add some new devolved responsibilities to ensure we have the right tools to improve our infrastructure, support businesses and create jobs.”
Darren Laybourn, Director at Turner & Townsend commented:
“We have been extremely supportive in Tees Valley of the devolution deal and the ambitious proposals put forward by Mayor Ben Houchen and the Tees Valley Combined Authority. We all know that there are challenges to overcome, but what impresses the business community here in the Tees Valley is the sheer determination to move forward, identify strong opportunities and secure the funding necessary to help get them off the ground.”
Darren added: “We know we’re not alone, and the sentiment expressed at the round table we hosted was very clear evidence of the shared determination of businesses and local and central government to develop some serious investment opportunities.
“As a business which operates across the country, we are tuned into similar devolution initiatives in other parts of the country. What is clear to us is that Tees Valley is arguably the vanguard of progress, and the onus is now on all parts of the community to make sure we keep up the momentum and help turn it into long-term economic growth.”