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"Development and regeneration requires partnership and leverage for the true potential of schemes to be realised." James Lazarus.
Description
James Lazarus is a highly successful development and regeneration specialist who has worked in the private and third sector, before recently transitioning into local government. We explored how partnerships and leverage drive the realisation of value in development schemes. James goes onto explain, that this means organisations with the assets typically land owners, using partners typically from the Private sector to bring in the appropriate resources: particularly expertise, finance and people who will probably have a different skills and mind set from those in the landowning entity. Commonly, these will be Local Authorities although this was also a model that CRT, a charity have followed successfully. Other benefits including mitigating risk. I use the very simple analogy” is it better to have the whole of five or half of ten”. I would argue the latter because if something goes wrong your exposure is less.