The Property Investment and Development team undertake a range of property related activity to support Fife Council’s Economic Development and Regeneration plans.
They lead on acquisition, disposal and leasing of commercial land and property as well as leading on the delivery of a programme of new build and site servicing projects, including the delivery of investment of c£50m as part of its i3 Programme under the Edinburgh and South East Scotland City Deal.
Recent projects include:
- Town Centre Regeneration Initiatives including promotion and disposal of sites for redevelopment such as that of North Street, Glenrothes. This project secured a £10million retail development undertaken by the private sector and completed in 2019.
The team also lead on the delivery of a range of capital projects funded through the Council’s capital programme as well as through external funding such as the Vacant and Derelict Land Fund and Fife Task Force. The section also led on securing agreements under the Scottish Government’s Tax and Incremental Financing initiatives in respect of both Energy Park Fife and Fife Interchange South which will support the delivery of a range of infrastructure works in these locations.
You can find a list of these projects in Key Investment Opportunity
They team work closely with Scottish Enterprise with whom the Council has a strategic joint venture to secure the disposal of a number of strategic sites and allows the Council to re-invest in essential infrastructure works.
Finally, they also support the Council’s Planning Service on planning issues related to employment land, including ensuring that there is an adequate supply of employment land for local businesses as well as those seeking to locate in Fife.