ESTATE STRATEGY CONT.
The University may contemplate acquiring additional land to meet the academic demands of both the University and the Colleges and will also consider redevelopment of existing sites more intensively where properties on those sites have reached the end of their physical and economic life. This includes assessing how we can increase the number of beds in our Halls of Residence either through redevelopment or acquisition. Emphasis will be placed on good space management with a view to providing an effective workplace for all University staff and increasing the amount of space for academic and commercial activities. The University will continue to work towards the achievement of the ambitious carbon reduction targets set in the Carbon Management Plan, aiming for a 43% reduction by 2020. Sustainability will be a key feature of estate developments in line with the University’s goal on Environmental Sustainability. We will investigate ways of providing a secure and economic supply of energy to the University through investment in the existing Combined Heat & Power installation. This Strategy offers a bold vision for the University’s evolution over the next decade, whilst acknowledging the current challenges faced by the University. When implemented, this Estate Strategy will deliver a lasting legacy that will ensure that the University is well positioned to deal with the challenges that now confront the higher education sector. To support our strategic aims we have an ambitious capital development programme which includes: • £30m refurbishment of residences • £6m refurbishment of library/academic space • £4m investment property refurbishment • A long-term programme of projects at feasibility stage which have been included in our recent Master Plan
The full estates strategy is attached.
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