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Owenstown Cooperative

Owenstown Co-op has been established as a charitable business to undertake the economic and community development of the new town. The Co-operative model provides an excellent base from which to deliver the Owenstown project.

The corporate structure for Owenstown Co-op will be an Industrial & Provident Society based on charitable rules.

It will operate as a group structure with at least the following operating companies as subsidiaries:

  • Owenstown Development Company will undertake trading activities with profits being covenanted to the Society
  • Owenstown Management Company will manage and maintain all assets in its ownership such as homes for rent; bus company etc.
  • Owenstown Energy Services Company (ESCo).

Owenstown Co-operative Limited will therefore be a developer, builder, manager and operator with all benefits ring-fenced for the new town.

Suggestions
We want to hear from you. What do you think? Positive or negative then get in touch via our suggestion form or call 0845 686 4646
News
We are pleased to announce Jim Arnold MBE, of the New Lanark Trust, has been appointed as Chair of Owenstown Co-operative. More...
Media
A selection of images and PDFs are available to download from the media section.