30. (24) Sir Euan Anstruther-Gough-Calthorpe £200m (£200m)
Sir Euan Anstruther-Gough-Calthorpe's work in looking after the 1500-acre Calthorpe Estate in Edgbaston has been officially recognised. He has been awarded an honorary degree from the University of Birmingham.
The award was in recognition of the company’s ongoing contribution to the university and the city.
Sir Euan has worked closely with the management team of Calthorpe Estates and the board of trustees to develop the Edgbaston estate sympathetically, and in a sustainable way.
The Estate has been overseen by 42-year-old Sir Euan’s family – one of the oldest in Birmingham – for 300 years with the aim of making the area one of the best places to live and work
Throughout that time the family refused to allow factories or warehouses to be built within the Estate, so creating a high quality urban village, and leading to the area’s high property values. It wasn’t until the late 19th century that Edgbaston – then a town in its own right – came under Birmingham administration.
One of the largest projects – beginning soon – is the construction of the new University Science park on the former BBC Pebble Mill site. The project is being delivered through an alliance involving Calthorpe Estates, Advantage West Midlands University of Birmingham, Central Technology Belt and Birmingham City Council.
The £90 million scheme is pivotal to the wealth creation strategy of the area and should help to stimulate new investment capital. The first building to be completed will house a biotechnology incubator to support the university’s reputation for biotechnology.
Calthorpe Estates is currently investing £350 million to give Edgbaston its biggest transformation to date. This includes Calthorpe House – 105,000 sq ft of prime office space off Five Ways Island due for completion later this year – and the £110 million Edgbaston Galleries development. Plans for the site of this former retail complex include a specialist foodstore, retail and leisure facilities, a hotel, grade A offices and parking for 800 cars.
All this activity has brought with it some notable accolades. Calthorpe Estates won the Sustainable Development of the Year award at the BCO Awards for Small Projects in the Midlands and East Anglia, and the Green Design award at the BDI Awards, as well as a Highly Commended accolade from the Royal Institute of Chartered Surveyors in their Building Conservation Awards.
The Anstruther-Gough-Calthorpe family live in Hampshire.