About MKDP
Milton Keynes Development Partnership LLP (‘MKDP’) is a limited liability partnership owned by Milton Keynes City Council (‘MKCC’) and DEVELOPMK Ltd (a wholly owned subsidiary of Milton Keynes City Council).
MKDP was established in 2013 to hold and promote the development of specific assets purchased from the Homes & Communities Agency (now Homes England) and other assets belonging to MKCC. Its primary purpose is to facilitate the growth and economic success of Milton Keynes and develop its land assets to help the city become a better place to live, socialise and work.
Since its inception MKDP has delivered over 1.2million sq ft of commercial space, secured planning permission for over 1,000 homes on MKDP land and increased the percentage of affordable on our sites from 31% to 36%, with 260 affordable homes delivered to date and generated over 2,200 local jobs – generating more than £350m in development value. We’ve also won awards for planning excellence in our schemes and have an exciting pipeline of activity for the next 10 years, which will bring benefits and opportunities to the local community and beyond.
Whilst technically MKDP is wholly owned by MKCC, the Council recognises the need for specialist skills and last year, it delegated all management responsibility for the operation of MDKP’s business to the LLP Board. In turn, MKDP is staffed by a committed Executive Team, managed by the Managing Director, who have been delegated the responsibility for the day-to-day running of the business and ensuring that decisions of the LLP Board are implemented.
The Council provides MKDP’s strategic direction. Recently, the Council completed a review of MKDP which confirmed MKDP’s placemaking objectives. The review can be found here.
Our recent placemaking projects, such as improvements to Milton Keynes Market, our re-imagining of station square and our work with the City Council and partners to protect, renew and ensure the success of the City Centre will also make a significant contribution to the success of Milton Keynes as will our ability. Our current placemaking projects focus on the city centre and include supporting the delivery of a city centre university and a new events/entertainment venue, and the creation of a modern high street.
Delivering the property elements of the MKDP priorities is critical to ensuring success. The Delivery Team will utilise the current portfolio to provide capital to fund our ambitious placemaking projections, while also providing revenue to sustain the operational side of the business and making a profit distribution to the City Council.
The LLP Board
The LLP Board will consist of a maximum of four Directors:
The LLP Board Chair
Three (3) Non-Executive Directors
Milton Keynes
Built in the 1960s as one of the country’s ‘New Cities’, Milton Keynes embodied the hope and optimism of the post-war period. It has since been hailed as a visionary feat of urban planning and modernist design, providing high living standards and an alternative model of municipal living for its residents. Situated equidistantly between London, Birmingham, Oxford and Cambridge, our prime location has helped build a strong economy and as a result, Milton Keynes the third most productive UK city outside London. The new East West Rail (currently under construction) will also boost our already excellent transport connections, providing new rail links to Oxford and Cambridge. From a pre-founding population of 50,000, Milton Keynes has grown to host almost 300,000 – with some estimating that this could get to half a million by 2050.
Moving forwards
Our aims are closely aligned with those of the Council. In particular, we’re committed to using our extensive portfolio of land assets to help them deliver their ambitious and forward-Strategy for 2025 and Council Plans– which includes more public green and cultural offerings, sustainable and healthy transport infrastructure, and good jobs and housing for everyone.
The Council has declared a climate emergency and pledged to become carbon negative by 2050, therefore building climate mitigation, adaptation and resilience into these projects is crucial if the city is to reach its ambitious and impressive targets.
It’s a decisive moment for MKDP and we need the right board leadership in place to realise both our vision as a partnership and the wider potential of Milton Keynes as a centre of sustainable economic growth, social prosperity and cultural innovation. Come and join the MKDP Board and help us build a city for the future.