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.

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Published: 11th March 2024
Area: Commercial Development

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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.

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