2020 Developments is the company behind Luton Town Football Club and its associated development plans.
As announced in December 2016, the preferred location for the club’s new state-of-the-art stadium is Power Court in Luton town centre. In addition to the 17,500 – 23,000 seater iconic stadium to support the club’s football ambitions, the development vision sees the landmark 20 acre Power Court site revived to a state of vibrancy and aspiration that will help shape the town’s value and character.
The major mixed-use development scheme proposals being pursued would include venues for live sport and music, further leisure alongside an appropriate scale of lifestyle retail facilities, circa 560 residential apartments and other valuable amenities.
The facilitating development to drive this town centre project is a major mixed-use gateway scheme at Junction 10 of the M1, named Newlands Park.
Here, 2020 Developments have submitted plans for the 40-acre site to include approximately 460,000 sq. ft. of high-quality offices, a major luxury hotel and an aspirational retail and leisure component. The development vision is for an integrated ‘next generation’ scheme that combines both exceptional architectural vision and a functional space for workers and visitors to enjoy, while creating an engaging gateway to the town and airport.
It is believed that both sites can come together to deliver a once-in-a-generation opportunity for the town and its future growth and economic wellbeing.
Both planning applications were submitted in 2016 and now await determination. All land has been acquired freehold and the total construction value of the two projects is approximately £960m.
CEO at 2020 Developments (Luton) Ltd