Research on Adaptive Re-use of Industrial Heritage and Compulsory Purchase Powers
Awarded 17 Feb 2025
About
Historic England awarded a contract to Ove Arup & Partners Limited for research on unlocking the adaptive re-use potential of industrial heritage.
The research examines how new compulsory purchase powers under the Levelling-up and Regeneration Act 2023, which allow for the removal of 'hope value' in certain circumstances, combined with government capital investment funding, can enable local leaders to drive growth using redundant or under-used industrial heritage assets such as mills and warehouses.
The objectives include analysing the application of these powers to heritage assets, assessing the relevance of current and anticipated capital funding streams, evaluating the scope for public sector-led schemes to leverage private investment through joint ventures, and exploring the role of Historic England and other national heritage organisations in facilitating conversions.
The contract value is AUD 19,920.
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