Monday, 8 September 2025

Estimating the Cost of Redeveloping Les Quennevais Precinct

 






"The regeneration of Les Quennevais will also become a regular agenda item for the Regeneration Steering Group, if politicians back her proposition. Deputy Miles said that consideration should be given to options which would enhance the area, which could include the taxpayer-owned States of Jersey Development Company buying and redeveloping all of shops there." (Bailwick Express)

But how much would it cost to buying and redeveloping all of shops there? 

Here are some estimates of how much and how long. It is possible, but given the current constraints on States spending, other demands on the JDC, it would take a considerable time. There is no magic money tree, or instant progress. This all needs careful planning and budgeting. Once plans have been drawn up, a cost accountant should also review the estimates.

So let’s integrate compulsory purchase into the phased refurbishment model—recognizing both the legal complexity and the strategic leverage it offers. This version assumes the States back Deputy Miles’ proposition and empower SoJDC or another public body to initiate acquisition under Jersey’s relevant planning or regeneration powers.


Phased Refurbishment Model with Compulsory Purchase

Phase 1: Tactical Renewal (2025–2026)

Goal: Improve public perception and usability with minimal capital outlay.

  • Cosmetic upgrades: paint, signage, lighting
  • Public realm tweaks: benches, planters, bike racks
  • Accessibility improvements

Estimated Cost: £1.5–2.5 million
Duration: 6–12 months


Phase 2: Strategic Acquisition & Compulsory Purchase (2026–2027)

Goal: Secure control of key properties to enable coherent refurbishment and long-term stewardship.

 Scope

  • Voluntary acquisition of vacant or underused units
  • Compulsory purchase orders (CPOs) for fragmented or resistant ownership
  • Legal and valuation process under Jersey’s Planning and Building Law or regeneration powers
  • Stakeholder engagement and compensation mechanisms

Estimated Cost: £6–10 million

  • Includes market value compensation, legal fees, and relocation support
    Duration: 12–18 months

Phase 3: Refurbishment & Energy Retrofit (2027–2029)

Goal: Modernize interiors and reduce operational costs across publicly controlled units.

  • HVAC upgrades, insulation, solar panels
  • Interior fit-outs for retail and community use
  • Creation of flexible-use spaces (e.g. youth hub, pop-up gallery)

Estimated Cost: £3–5 million
Duration: 18–24 months


Phase 4: Reconfiguration & Public Realm Integration (2029–2031)

Goal: Improve layout, visibility, and ecological integration.

  • Selective demolition of redundant units
  • Reconfiguration of pedestrian routes and sightlines
  • Landscape integration with Railway Walk and green buffers

Estimated Cost: £4–6 million
Duration: 12–18 months


Phase 5: Stewardship & Cultural Activation (2031–2035)

Goal: Embed long-term community use and cultural vitality.

  • Establish precinct management trust or cooperative
  • Cultural programming: markets, performances, seasonal events
  • Maintenance fund and volunteer stewardship schemes

Estimated Cost: £500k–£1 million
Duration: Ongoing


Total Estimated Cost: £15–24 million

This model offers:

  • Legal clarity and control through CPOs
  • Scalable investment aligned with funding availability
  • Community legitimacy via phased engagement and stewardship

Digging Deeper into Compulsory Purchase

Let’s break down how Strategic Acquisition & Compulsory Purchase might be costed out in the context of Les Quennevais, drawing on Jersey precedents and commercial property norms.


Costing Out Strategic Acquisition & Compulsory Purchase

1. Property Valuation

  • Commercial units in Les Quennevais vary in size and condition, but a reasonable benchmark is:
    • £250–£400 per square foot for acquisition
    • For ~20 units averaging 1,000–1,500 sq ft each, that’s £5–12 million total

Example: In 2018, the States paid £409,000 via compulsory purchase for three fields near Les Quennevais School—after initially offering £253,000. This shows how negotiated settlements can escalate under pressure.


2. Legal & Professional Fees

  • Surveyors, legal teams, and valuation experts are essential for CPOs.
  • Estimated at 5–10% of acquisition costs: £250k–£1 million

3. Compensation & Relocation

  • Under Jersey law, CPOs must offer:
    • Market value compensation
    • Disturbance payments (e.g. business disruption)
    • Relocation support for tenants or owner-occupiers

This could add £500k–£1.5 million, depending on the number of affected parties and complexity of relocation.


4. Contingency & Dispute Resolution

  • CPOs often involve negotiation, appeals, or tribunal processes.
  • A prudent 10–15% contingency is advisable: £1–2 million

Total Estimated Cost Range: £7–16 million

ComponentEstimated Cost
Property Acquisition£5–12 million
Legal & Professional Fees£250k–£1 million
Compensation & Relocation£500k–£1.5 million
Contingency£1–2 million

 Strategic Notes

  • Voluntary acquisition first: Reduces cost and friction
  • Phased targeting: Prioritize vacant or underused units
  • Public transparency: Essential to avoid reputational risk
  • Legal authority: Must be clearly delegated under Jersey’s Planning or Regeneration Law




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