Property developer completes Nottingham departure
Property developer Henry Davidson Developments has completed the relocation of its headquarters to Birmingham from Nottingham.
HDD says it opted to move to the second city to capitalise on its booming commercial property market.
The developer – which specialises in retail-led, mixed use developments – is also expanding its operations after the move, which was completed with support from Finance Birmingham.
The company has moved its team to St Philip’s Point, which provides panoramic views of the city centre from its top floor offices.
HDD managing director Scott Davidson said: “It’s great to have completed our relocation into the heart of Birmingham’s central business district. There’s so much development activity it feels like the city is really on the crest of a wave. Within just a few days of moving here our eyes have been opened to the numerous possibilities there are in Birmingham.
“Nottingham has been a fantastic place for us from which to establish and grow our business. However, for us to expand and accelerate our growth further it was vital that we move to a city with a large agency base with national commissions. The opportunities here in Birmingham are very exciting and we are already reaping the rewards with several new projects in the pipeline.”
He said the firm remained determined to expand the business but to do that it needed to have access to the Birmingham market in order to secure the best talent.
HDD is currently delivering major retail led mixed use developments across the UK, including Didcot in Oxfordshire, Newton Leys, at Milton Keynes, and Hampton at Peterborough and the final phase of Lawley Village in Telford.
Finance Birmingham has backed the firm’s expansion plan through its regional mezzanine fund, which is supported by the Regional Growth Fund on behalf of the Greater Birmingham and Solihull Local Enterprise Partnership.
Nick Oakley, head of property investments at Finance Birmingham, said: “We are delighted to support HDD in both their move to Birmingham and also their exciting growth aspirations, they are a dynamic property development business with an excellent track record of delivery. We look forward to helping them continue their growth over the years to come.”
Pictured from left are: David Twomlow, finance director, and Richard Croft, director, of Henry Davidson Developments, with Nick Oakley, of Finance Birmingham, and Scott Davidson, managing director of Henry Davidson Developments.