Expertise
Richard has 30 years of experience in the property industry and is a leading expert in development consultancy.
Specialising in financial viability assessments, Richard provides invaluable advice to clients on large mixed-use developments, from feasibility through to delivery.
He has extensive experience in negotiating complex s.106 agreements, focusing on affordable housing and ensuring the financial viability of schemes.
Richard’s advisory work spans land purchase, planning, and disposal strategies, with a particular emphasis on financial modelling and ensuring development deliverability.
His experience with public sector clients, including NHS Trusts and charities, ensures that development opportunities are structured for maximum value and efficiency.
Highlights
- Tesco Mixed Use Projects -Delivery of a number of major mixed use schemes on behalf of Tesco including Highams Park which Richard oversaw from its planning inception through to delivery of the store, 220 dwellings, employment floorspace and community space
- Vinci St Modwen New Covent Garden Market - After negotiations based upon the submitted FVA a base level of 20% affordable with a cascade mechanism to ensure a minimum affordable housing receipt was agreed. More importantly it was agreed that there should be no review mechanism significantly reducing the risk of the scheme. The scheme will provide over 3,000 units in the Vauxhall Nine Elms area
- Retirement Villages Planning appeals – Appeared at two planning inquiries on half of Retirement Villages giving evidence in respect of the viability of this class of property and its delivery through the planning process. Both appeals were successful
- Tesco Air Rights – Oversees the Tesco Air Rights projects and has given advice on numerous sites from early viability inception to disposal to development partners. Tesco at Kennington is currently being delivered by Berkeley and will provide a new 40,000 sq ft store and circa 500 new homes
- Camden and Islington Health Trust – St Pancras Hospital – OJEU Procurement process appointing Argent as delivery partner
