Establishing a Development Company
Blue model houses in a row for real estate concept
We advised and supported London Borough of Sutton to set up a wholly owned development company - ‘Sutton Living’.

The Development Company (DevCo) would deliver new housing in the Borough across a range of tenures in order to meet needs and accelerate economic growth and investment.

Our approach:

Key tasks involved:

  • Reviewing development opportunities and carrying out capacity studies and viability appraisals of individual schemes;
  • Preparing financial models and detailed business plan;
  • Identifying the processes, tools and capabilities that the DevCo would require to appraise and project manage the design, construction and management of sites;
  • Establishing best practice governance protocols in line the Council framework;
  • Establishing financial regulations to underpin the governance of the company;
  • Developing a comprehensive project plan for the DevCo’s establishment in liaison with the Council.


The work resulted in the formation of a DevCo as a subsidiary of the Council’s existing economic development vehicle ‘Opportunity Sutton’.  The Council is now progressing three schemes in consultation with local residents.

How can we help you?

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