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LCR is wholly owned by the Department for Transport (DfT) and specialises in the management, development and disposal of property assets within a railway context, and in particular property assets associated with major infrastructure projects. LCR was responsible for the delivery of High Speed 1 railway comprising St Pancras International, Stratford International and Ebbsfleet Stations.
Today, having divested of HS1, LCR’s primary focus is in the area of property development and land regeneration. In London, LCR is a joint venture partner in the £2.3bn strategic development at The International Quarter, Stratford in partnership with Lendlease; whilst the organisation has recently sold its share in the major regeneration programme at King's Cross to AustralianSuper for £371 million, for which it has been a steward for almost two decades. In addition, LCR is working with the DfT and Network Rail to bring the Waterloo International terminal back into use and is exploring the potential for transforming the arches at Leake Street into a new dining and leisure destination.
Nationally, LCR and HS2 have established the HS2 Growth Partnership to work with local authorities in line with their local HS2 Growth Strategies, to bring forward development around stations on the proposed HS2 route.
LCR is involved in a number of high profile development projects, many of which are a result of LCR taking ownership of BRB (Residuary) Ltd properties in 2013. These include the regeneration of the 24-acre Mayfield Quarter in Manchester and a substantial refurbishment of one of Derby's principal engineering employment centres, the RTC Business Park, which offers 430,000 sqft of office and commercial accommodation.
Registered in England and Wales, company number 02966054 at the above address.