Expanding architecture, sports and leisure firm LK2 is celebrating a record year of business in 2014 and has already secured substantial business for 2015.
The Nettleham based firm experienced considerable growth last year due to client wins and team growth – increasing the consultancy by 30 per cent and increasing its turnover by 22 per cent.
LK2 is already on the way to even bigger growth in 2015 having already secured planning for projects with value in excess of £50 million.
The sport and leisure consultancy completed a large number of high profile projects in 2014 in excess of £21 million, and has secured £9 million in partnership funding, coming from Sport England, Football Association, Football Foundation and Local Authority funding.
Paul Starbuck, director at LK2, said:
“2015 marks our 20th anniversary which is a significant milestone for LK2. With this in mind, it is amazing to review our accomplishments – especially in 2014, where LK2 has thrived not only financially but also in its diverse work, as we delivered so many complex but community centred projects county-wide including the refurbishment of the Waterside shopping centre here in Lincoln.
“We are proud to have experienced so much growth over the last year and we are extremely excited to continue to grow both sides of our business: our architectural work and also our asset transfer consultancy – which is a core aspect of our business. With this in mind our workforce is continuing to become larger as we are joined by highly experienced industry professionals.”
LK2 continued to grow its workforce in 2014 and the firm employed one part-time employee and three full-time staff over last year – in response to increased demand for its services.
LK2 is currently searching for a new senior retail architect, a sports development professional and a new senior architectural technologist – to bolster its growing sports and leisure team, following an increased number of sports projects in the pipeline for LK2.
One of the largest areas of growth for LK2 has been its work with the FA and Sport England on a number of projects – the firm has reported an increase of 112 per cent of growth in this area over the last year, signalling an important of development for LK2.
Both LK2’s Stamford sports centre and Waterside shopping centre projects in Lincoln created a large amount of local investment last year, the firm has reported the project values were in excess of £11 million – and both projects created several opportunities for employment and inward investment into the sport, leisure and retail sectors.
Dale Lui, managing director at LK2 said:
“2014 has been an excellent year for Lincolnshire and LK2. The region has seen a huge surge of interest from developers and consultants across the East Midlands and beyond. We have also seen a significant increase in developer led housing schemes across the region and a great deal of confidence appears to be returning to the retail and commercial sectors, particularly in existing shopping centres. This has been highlighted by an increase in enquiries and development appraisals for the refurbishment and regeneration of dated boutique style shopping centres, looking to extend a centres life by creating increased value, improved tenant mix, footfall and sales.
“LK2’s expertise in design, sports and grant funding has positioned us at the forefront of the emerging trend of new sports development which is being actively promoted by the Football Association. “These schemes are pivotal in unlocking the delivery of other large scale residential and commercial mixed use developments in the area, which is great news for Lincolnshire’s economy.”