St. Modwen Properties plc is a leading British-based property investment and development business specialising in urban environments. It is headquartered in Birmingham and is a constituent of the FTSE 250 Index.
The business was founded by Stan Clarke and Jim Leavesley in 1966
as a property development bisness called Clarke St. Modwen
the management reversed the business into Redman Heenan International plc
, a listed former engineering concern that had become a shell company. At that time the name was changed to St. Modwen Properties plc
. In the 1980s
the company developed the Stoke-on-Trent Garden Festival
site. More recently the company has taken ownership of large former industrial sites such as the former MG Rover
site at Longbridge
. Other sites in St. Modwen's development portfolio include the brownfield
reclaimation sites at Coed Darcy
The Group is organised as one business - property investment and development. At 30 November 2007
its portfolio was valued at £0.8bn.