Building works at the new Bedford Greenacre Independent School site are picking up pace, following the completion of a multi-million-pound funding deal earlier this month.

The extensive funding from HSBC UK, which was secured with our help, will support the development of the state-of-the-art facility, including more than 55 classrooms, a 3G football pitch and amphitheatre.

Expanding the original school footprint by more than 80 times, the new 40-acre school site located in Manton Heights will play a pivotal part in the local community, creating jobs and offering athletic and cultural activities to local people as well as the student population.

Groundworks, excavation, piling, and concreting are all underway, with the project on target to welcome 690 pupils, from reception to sixth form, in the 2024 autumn term.

Ian Daniel, headteacher at Bedford Greenacre, said: “The project is developing at pace; the car park for staff and the community is already in service and the modular structure will begin to take shape over the next few weeks.

“We’re thrilled with the positive reactions from our local community about our transformational project so far, and delighted to have reached the all-important milestone of funding completion.”

Joseph Soul, partner who led the deal, added: “We have worked with Bedford Greenacre Independent School in respect of the development of the new 40-acre school site from the very beginning, and this has included the merger of St Andrews and Rushmoor schools, assisting with the appointment of strategic land partners and, more recently, the significant funding deal with HSBC UK.

“It’s been a team effort from our experts in construction, banking, real estate, charity and legal planning, as well as working closely with the planners at Marrons and, of course, the team at Bedford Greenacre. We’re pleased to have reached another milestone and look forward to the next.”

Bedford Greenacre Independent School was created in 2021 following the merger of Rushmoor School and St Andrews School and currently operates across two sites in Bedford. The new Bedford Greenacre Independent School will replace the two sites.

Get In Touch

Joe is a commercial real estate lawyer with over 20 years experience working with healthcare operators and has particular expertise in the funding, ownership and development of care homes, new medical centres and private medical hospitals.

Joe works closely with the healthcare and education operators to develop an intimate knowledge & understanding of the commercial issues faced by clients. He leads a team of specialist lawyers and has built and developed strong links with a variety of funding streams including banks, challenger banks, private lenders, private equity, venture capital, Real Estate Investment Trusts and commercial freehold ground rent.

Written By

Published: 11th March 2024
Area: Commercial Development

How We Can Help

Commercial Development

We find opportunities to introduce our clients to other advisors and key decision makers that can really assist in achieving your objectives.

Education

In the rapidly-changing world of higher and further education, we know how important it is to have access to experts who fully understand the challenges you are facing and who can support your goals both practically and ideologically.

Our Latest Commercial Development Updates

Works Pick Up Pace At Bedford Greenacre As Multi-Million-Pound Package Completes

11 Mar

Commercial Development

Works Pick Up Pace At Bedford Greenacre As Multi-Million-Pound Package Completes

Read article Right Arrow

The Climate Change Challenge for Property

5 Feb

Commercial Development

The Climate Change Challenge for Property

Read article Right Arrow

Developers: restrictive covenants and your options

21 Aug

Residential Development

Developers: restrictive covenants and your options

Read article Right Arrow

Midlands Economic Summit – key takeaways for developers

16 Jun

Real Estate & Planning

Midlands Economic Summit – key takeaways for developers

Read article Right Arrow

Our experts are here to answer any questions you might have

If you’d like to speak to a member of our team, please fill out the enquiry form. We will aim to reply to your query within 2 hours

Need to talk to someone sooner? You can call use at the number below

Call Us: 0330 024 0333