29-year-old CEO develops innovative net zero carbon real estate project
As the effects of climate change become more apparent, companies working on real estate development need to become more innovative in the projects they undertake. One way some developers are innovating to help solve this problem is to develop net zero carbon projects where net energy consumption, meaning the total amount of energy used on an annual basis is roughly equal to l renewable energy produced on site. One entrepreneur who has worked to build sustainable real estate development in Birmingham is Tani Dulay, CEO of Woodbourne Group.
Dulay, 29, was born and raised in Birmingham, England to an Indian Sikh family who through hard work built a successful business spanning real estate and retail. Passionate about technology and innovation, having spent time starting e-commerce businesses in his spare time, he enrolled to study computer science at the University of Nottingham at the age of 18. He loved his studies but was interested in the family business sector which he enrolled in a Master in Real Estate.
After working for a year with another real estate company, he joined the Woodbourne Group team in January 2015. When he arrived, Dulay wanted to leave a legacy in an area of ââthe UK where his family had grown up. He focused on the development aspect of the company and diversified the activities of the company; move from long-term asset custody to securing added value opportunities. Since the Group has accumulated a growing development portfolio of over Â£ 400million and pioneered the 1million square foot master plan, Curzon Wharf, which is now a benchmark in sustainability UK. Curzon Wharf was greeted by business and environmental leaders including MPs, the Head of Birmingham City Council and the City’s Mayor.
Curzon Wharf is an ambitious project where Dulay and his team are on a mission to change the Birmingham landscape by developing the city’s most energy efficient development and also one of the tallest skyscrapers. Birmingham, in line with their ‘2040 Big Vision’, has seen huge changes in recent years with high speed rail access through HS2 and several commercial hubs being developed. Not only will the Â£ 360million projects provide residential homes for families as well as luxury student accommodation, they will also provide more than 1,000 new jobs in an area of ââBirmingham with deep historical roots. Their mission is to create âhealthy streetsâ where there will be coworking spaces, retail spaces and an area for the burgeoning life science industry.
Curzon Wharf is expected to launch soon, but in line with the group’s ambitions to be innovative, to help businesses thrive in Birmingham and other parts of the UK, Dulay has established Woodbourne Ventures, a venture capital fund. startup that will invest in a variety of industries outside of real estate. Returning to a passion of its early years in e-commerce, the group has already invested in three companies in the United Kingdom and the United States in this area, including the fashion brand EVE & DAY. The ambition is to take the pioneering spirit that they have applied to the Birmingham real estate industry for decades and apply it to other areas of business, leveraging their network, business acumen and giving entrepreneurs a greater likelihood of success while leaving a fantastic legacy for the future. generations.
This article is part of a series featuring underrepresented people making a difference. To submit feature ideas or keep up to date with new releases you can find me on Twitter – @ TommyPF91