Rushbond

Rushbond plc is an unlisted commercial and residential property development and investment company in the United Kingdom. It was founded in Leeds, West Yorkshire in 1986 by Jonathan W Maud and exclusively operates around the Leeds City Region, into which it invested £14.3 million in 2019.[2] The company, though specialising in the conversion and redevelopment of listed heritage buildings, also engages in the construction of new-build property and acquisitions.

Rushbond plc
TypePublic limited company
IndustryReal estate
Founded8 July 1986 (1986-07-08)
FounderJonathan W Maud
HeadquartersHawthorn Park,
Leeds, West Yorkshire
,
England
Key people
  • Georgina Maud (arts & creative)
  • Mark Finch (real estate director)
Revenue £6,730,021 (2019)
£6,564,942 (2019)
Total assets £135,646,163 (2019)
OwnerJonathan W Maud (100%)
Number of employees
19 (2019)
Websiterushbond.co.uk
Footnotes / references
[1]

Rushbond is the owner of a number of landmark buildings within Leeds, including the Corn Exchange, Majestic Cinema, and First White Cloth Hall, as well as Bretton Hall, Wakefield, St Leonard's Place, York and Centenary Square, Bradford. Considered within the industry to have a focus on creativity and design quality, Rushbond also involves itself in corporate social responsibility supporting a variety of community initiatives, partnering particularly with Meanwood Valley Urban Farm, and contributes to public art, funding projects such as Ian Randall's Steeped Vessels (2006) at Brewery Wharf, and Tim Etchells's neon artwork Where the Heart Is (2014), located on the Algernon Firth student residential building.[3][4]

History

The entrepreneur Jonathan Maud incorporated the company on 8 July 1986 and remains its managing director and sole owner.[2] Maud appeared in the 2009 Sunday Times Rich List ranked at #1,771 (#1,794 in 2008) with a worth of £30M (£40M in 2008),[5] and was named at 82nd in the Yorkshire Rich List in 2017, with wealth risen to £67M.[6]

In 2014, Rushbond established an arts scholarship programme with Leeds Beckett University, known as the Rushbond Arts Scholarship. It is donated annually to School of Art, Architecture and Design undergraduates to support their early careers.[7][8]

One of Rushbond's buildings, the former Majestic Cinema on City Square, gained prominence after being gutted during a large fire in September 2014, just after the completion of works to restore and convert it into mixed leisure and retail use.[9] A scheme to construct a new interior of high-quality office space and additional floors began in 2018, with the building becoming the new national headquarters of Channel 4 in 2021.[10]

Another focus of investment is the eastern side of Leeds city centre, with plans for the revitalisation of Kirkgate, Leeds's oldest street, resulting in the complete reconstruction of the Grade II* listed First White Cloth Hall, as well as ownership of Cuthbert Brodrick's 1863 Corn Exchange as a retail destination and New York House near Kirkgate Market.

Property portfolio
This gallery is not an exhaustive list of properties owned

References
  1. "RUSHBOND PLC company key information". uk.globaldatabase.com. Global Database Ltd. Retrieved 20 September 2020.
  2. "Group of companies' accounts made up to 30 November 2019". Companies House. 27 May 2020. Retrieved 21 September 2020.
  3. "Leeds Corn Exchange – Entrance Lobby Lighting Commission". CuratorSpace. 31 May 2018. Archived from the original on 21 September 2020.
  4. Everett, Steve (24 July 2014). "New Public Art Work For Leeds Shines A Light On New Student Residence". Yorkshire Business Daily. Retrieved 21 September 2020.
  5. "Jonathan Maud". The Sunday Times. 26 April 2009. Retrieved 21 September 2020.
  6. Hammond, Joshua (19 October 2017). "Second half of Yorkshire rich list unveiled". Insider Media. Retrieved 21 September 2020.
  7. Williams, Julia (23 April 2015). "Leeds Beckett students awarded The Rushbond Art Scholarship". Leeds Beckett University. Archived from the original on 21 September 2020.
  8. Mortimer, Emma (26 March 2018). "Talented design students can have a seat in one of the city's most historic buildings". Bdaily News. Retrieved 21 September 2020.
  9. Hudson, Neil (1 October 2014). "Leeds Majestyk fire: 'Glorious dome' lost forever says heritage chief". Yorkshire Evening Post. Leeds. Archived from the original on 14 September 2020. Retrieved 5 January 2019.
  10. "Channel 4 set to move into Majestic cinema in Leeds". BBC News. 1 April 2019. Archived from the original on 11 May 2019. Retrieved 14 September 2020.
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