Independent design consultancy LDA Design has announced that it is to become an employee-owned business.
The move to employee ownership is part of an ambitious programme, which this year includes opening three start-up studios in Bristol, Cambridge and Manchester. LDA said the fine details still need to be ironed out but estimates it will take two years to complete the process and to set up an Employee Ownership Trust.
LDA Design’s practice is made up of masterplanners, urban designers, landscape architects, ecologists, and town and environmental planners. Recent projects include a new settlement at Waterbeach, Cambridgeshire, working in a multi-disciplinary team on HS2 and the transformation of Euston Station in London.
Andrew Harland, LDA design chairman, said: “This move is a bold and exciting one for us. The Board wants to share the business to grow it, and believes this to be the right way to secure a long and bright future. We have always wanted LDA Design to not be about individual egos but the brilliance of the collective.
“That aim holds true, and we want to see a future where all of our employees can help to shape our business. This will put us in an even stronger position and make succession planning easier.”