Independent creative consultancy, LDA Design, is to become an employee-owned business.
The company behind the masterplan of Queen Elizabeth Olympic Park celebrates its 40th year in business next year and employs 150 people.
The move to employee ownership is part of an ambitious programme, which this year includes opening three start-up studios in Bristol, Cambridge and Manchester.
“This move is a bold and exciting one for us. The Board wants to share the business to grow it, and believes this to be the right way to secure a long and bright future,” explains Andrew Harland, LDA Design Chairman.
“We have always wanted LDA Design to not be about individual egos but the brilliance of the collective. That aim holds true, and we want to see a future where all of our employees can help to shape our business. This will put us in an even stronger position and make succession planning easier.”
Much of the fine grain detail needs to be ironed out. Harland estimates that it will take about two years to complete the process and to set up an Employee Ownership Trust.
LDA Design’s landscape-led approach connects people and place. The practice is made up of masterplanners, urban designers, landscape architects, ecologists, and town and environmental planners. Whether it is a garden village, new station, park or urban district, LDA Design starts with what people need and want.
Recent projects include: a new settlement at Waterbeach, Cambridgeshire; working in a multi-disciplinary team on HS2 and the transformation of Euston Station in London; the design of all the new public realm at Battersea Power Station in London; leading the regeneration of Union Terrace Gardens in Aberdeen and the transformation of Plymouth City Centre.