LocatED is, at heart, a commercial delivery organisation that aims to achieve both high quality outcomes for schools and value for money
LocatED is led by an experienced Executive Management Team and Board of Directors, who make the most of the knowledge, skills and experience of the workforce and have effective relationships with the market and key partners. The company is organised in to the following core functions; acquisitions, asset management, development, technical and planning, legal, finance and people.
THE PRIMARY ROLE OF LocatED IS TO:
Secure sites for new schools at the best market price
Drawing on extensive property sector knowledge, contacts and networks, the Acquisitions Team leads on the identification, appraisal and acquisition of temporary and permanent sites for new schools, commissioned by the Department for Education.
Deliver school-led mixed-use developments
The Development Team manages the delivery of complex mixed-use developments in support of efficient and cost effective delivery of new schools. School-led mixed use development schemes can make it viable to deliver new schools in dense urban areas, where the cost of land could otherwise be prohibitively high. Capital is generated from the sale of residential dwellings in the mixed use scheme, which subsidises the cost of delivering the new school.
Manage sites held for free schools
The Asset Management Team manages a portfolio of sites owned by the Department for Education. These sites have been acquired for new schools and are typically awaiting planning permission to be granted and development to begin on the school buildings.
During the period after purchase, when the sites are vacant, the team proactively manages the portfolio to:
- Reduce costs associated with security and energy
- Identify properties for enhanced value, income generation opportunities and redevelopment
- Dispose of properties that are surplus to requirements.
Provide advice to the Department for Education and other bodies involved in education on property and site issues
LocatED’s in-house property experts provide advice to the Department for Education, education bodies, local authorities and other central government departments to support the provision of education in an efficient school estate. Examples of advisory work include:
- Working with Multi Academy Trusts (MATs) single academies, faith and local authority schools that are interested in using a development to help fund redevelopment and life cycle maintenance
- Exploring ways to support teacher housing projects
- Providing Landlord advice to the Department for Education to ensure Landlord and Tenant obligations are met
- Engaging with school trusts to review facilities management delivery
- Strategic property advice to local authorities, colleges, other government departments and public bodies.
Lead a pilot to explore how surplus land in the school estate can help fund school improvements
In 2018, LocatED and the Department for Education’s Central Capital Unit launched a small scale pilot to explore how to reconfigure a selection of school properties with surplus buildings or land. The aim is to unlock funds to support additional capital investment in school buildings and, in turn, release land for homes. The pilot will focus on areas of England with high or very high housing need, with the potential to include affordable and teacher housing. All projects will include improvements to sports facilities and any works will always be the school and landowner’s choice.
LocatED continues to work with the Department for Education to explore how it can develop its services to support the provision of education.