Estate strategy
Masterplan and Estate Strategy – the background
Middlesex University has invested in excess of £100 million in a masterplan to expand and modernise its facilities to reflect the high calibre of teaching and learning opportunities available and remain competitive in a global market.
The University’s corporate plan recognised the huge potential for long term growth and sustainability at its flagship campus and has identified several sites for expansion in Hendon. An ambitious estate strategy was launched in the year 2000, aimed at reducing the overall number of campuses and improving the quality of those that remain. To meet its business needs and reduce operational costs, Middlesex University is consolidating its presence at the Hendon Campus. This strategy has resulted in over 30,000m2 of accommodation being created through redeveloping the existing estate, leasing additional space and constructing a series of brand new, state of the art, eco-buildings.
The potential for the university to achieve its Masterplan has been greatly enhanced by continually strengthening our mutually beneficial relationship with Barnet Council, who have been very supportive of the University’s need to develop the Hendon campus. This has led to the granting of planning approval for the Sheppard Library, the Burroughs Sports Centre, the Millennium Real Tennis Court, the redevelopment of College Building, the Hatchcroft building and most recently, the new Art, Design and Media Building which is currently under construction on the site of the former Town Hall car park.
The growth of the Hendon campus has brought tangible benefits to the London Borough of Barnet and student spending has a very positive impact on the local economy. In 2008/2009, Middlesex University’s 9,800 Hendon-based students generated an estimated £48.8 million for local businesses in the Borough. This figure is set to increase to £55.6 million in 2011 as student numbers grow to 11,400 with the opening of the new art, design and media building. In addition to student spending, the university further supports the local economy and the creation of jobs by procuring from suppliers in the Barnet area. It is estimated that one local job is created for every 8.4 students in the area, supporting in the region of 1,360 local jobs in 2011.
