WHO WE ARE

The Creative District Improvement Company (TDCI Co) was founded by Piers Read and Jeremy Rainbird. Their knowledge and experience combine to generate unique, expert insights into how the creative industries can work alongside the real estate sector to maximise their potential.

TCDI Co is backed by one of the largest institutional property investment funds in the world. The company is currently developing creative clusters in the UK worth more than £500 million and expanding into Europe and the US.

Drawing on over four decades of experience running global TV production, location and studio facilities, Piers and Jeremy have a detailed understanding of how the world of TV, film, theatre, post-production and music production works.  

TCDI Co create schemes that drive significant value for their partners; some of the leading property developers from around the world, offering practical solutions for the film and TV industry with creative entrepreneurship as a central theme.

Click here to view some of their past projects.

WHAT WE DO

The creative industries is the fastest growing sector in the UK economy. The sector contributed 11% of the UK GDP in 2018 and growing twice as fast as any other industry.

Our work responds to the burgeoning growth as well as a chronic lack of available film studio and production space in the UK, where supply cannot match demand. The financial cost to the economy is approx £4b per annum but has highlighted a growing skills gap that is getting worse as the demand intensifies.

The other is a growing skills gap which explains why we invest heavily into tomorrow’s workforce to provide more skilled labour. All of our schemes include a dedicated Film & TV training academy in partnership with nationally recognised educational institutions with qualifications gained within a working studio environment.

We see studios and learning as crucial components to the “clustering” process that ultimately creates jobs and delivers sustainable ecosystem to boost productivity and the local economy.

Our proven approach to urban regeneration is grounded in the belief that the creative industries aligned with learning experience will significantly underpin the future of the UK economy.

TIME + SPACE Studios; our sister company has committed to operating one million square feet of production space by 2024 to satisfy the growing demand for available studio and production space in the UK and signal a new benchmark in quality across the industry.

We develop and operate brand new creative neighbourhoods that deliver measurable social and economic benefits, creating better places for all.

We are passionate about heritage brands, sites and buildings. Our skillset is a rarity and our strength is knowing how to repurpose under-utilised spaces. We have a proven record of placemaking on an industrial scale in the UK.

We partner with the UK’s leading property developers to provide the space creative businesses need to unleash their potential.

Our collaborations provide full mixed-use commercial solutions that add personality and purpose to large placemaking developments. 

We believe everywhere has a story…

In The News

Piers Read, the film studios developer bringing tinseltown to London town

His enthusiasm is infectious. Out on the roof — destined to become a bar terrace — he points out Alexandra Palace, though perhaps you have to be six foot-something like him to see it — with my facemask-foggy specs, I couldn’t. He reels off the bands who played the town hall in his north London twang: Jagger, ELO, Fairport Convention. Queen performed Bohemian Rhapsody here for the first time. You probably don’t know 43-year-old Read yet, but you should, because behind the scenes, he’s becoming a key strand in the creative fabric of London.

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Twickenham Studios unveils £15m investment plan to rejuvenate business / DAILY MAIL

The money has been put into the 100-year-old site by The Creative District Improvement Company, owned by producers Piers Read and Jeremy Rainbird. The pair took over the premises last February before coronavirus put the UK film industry on hold. The investment will be used to build a TV studio, cutting-edge sound production studios and some offices.

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Multi-million-pound redevelopment for the historic Twickenham Film Studios / SCREEN ALLIANCE

Twickenham Film Studios, operated by TIME+SPACE Studios, have announced a £15 million development investment to rejuvenate, transform and expand London’s oldest film studio to create a contemporary, innovative, and enhanced film and TV campus for the next generation of film makers and creatives. TFS will ensure the complex continues to serve the industry as a truly world-leading film and TV studio facility alongside serving as a creative heart for the local community.

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£15m Twickenham Film Studios redevelopment plan unveiled / RICHMOND & TWICKENHAM TIMES

A historic film studio in Twickenham is set to receive a multi-million-pound upgrade, according to new plans. Twickenham Film Studios, operated by TIME+SPACE Studios, has announced plans for a £15 million expansion scheme. London’s oldest film studio, situated in St Margarets, hopes to “rejuvenate, transform and expand.” The developments include a TV, sound production and sound mixing suite and a new entrance building.

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Plans in for £15m Twickenham Film Studios transformation / PBC

Twickenham Film Studios has announced a £15m investment to rejuvenate, transform and expand London’s oldest film studio Twickenham Film Studios, operated by TIME+SPACE Studios, aims to create a contemporary, innovative, and enhanced film and TV campus for the next generation of filmmakers and creatives. The new development includes a state-of-the-art TV studio including audience participation, upgraded sound production studios, a second sound mixing suite and the construction of a brand new entrance building creating new public spaces with flexible workspaces, a boutique cinema, a café and rooftop social bar area.

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UK’s Twickenham Film Studios plans £15m refurbishment and expansion / IMDB

Studio aims to start work later this year and complete by October 2022. UK film and TV production site Twickenham Film Studios has rolled out plans for a £15m refurbishment and expansion for its campus in Richmond, south-west London. A planning application for the development has been submitted to Richmond Council; the company hopes to begin building later this year and complete before October 2022.

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Twickenham Studios set for $20m expansion / C21MEDIA

Twickenham Film Studios (TFS) in the UK is investing £15m (US$20.7m) to expand and redevelop the site into a contemporary film and TV campus. Operated by Time+Space Studios, TFS is the oldest film studio in London. The investment will see the development of a state-of-the-art TV studio, including audience-participation facilities, upgraded sound production studios and a second sound-mixing suite to host tentpole productions.

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UK’s Twickenham Film Studios plans £15m refurbishment and expansion / SCREENDAILY

UK film and TV production site Twickenham Film Studios has rolled out plans for a £15m refurbishment and expansion for its campus in Richmond, south-west London. A planning application for the development has been submitted to Richmond Council; the company hopes to begin building later this year and complete before October 2022.

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Twickenham Film Studios to get £15m facelift / BROADCAST

The work will add a new TV studio and sound production and mixing spaces, and will be complete by October next year. Twickenham Film Studios operator Time+Space Studios is to spend £15 million on rejuvenating, transforming and expanding London’s oldest film studio. The developments include a ‘state-of-the-art’ TV studio; upgraded sound production studios; a second sound mixing suite; and the construction of a new entrance building creating new public spaces with flexible workspaces, a boutique cinema, a café and rooftop social bar area.

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Twickenham’s £15M Boost / DEADLINE

Twickenham Film studios, the oldest studios in London, is planning a £15M refurbishment which will include a state-of-the TV studio, with audience participation, upgraded sound production studios, a second sound mixing studio, and a new series of public spaces featuring flexible workspace, boutique cinema, café and rooftop bar. The money is coming from The Creative District Improvement Co, which took over Twickenham last year, via investment from sources including General Projects and British Airways Pension Fund.

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TFS has announced a £15 million development investment to update its London studios / VARIETY

London’s oldest film studio, TFS will be remodeled to include a cutting-edge TV studio with space for audiences, upgraded sound production studios, a secondary sound mixing suite and a new entrance building with public meeting spaces, adaptable workspaces, a boutique cinema, café and rooftop bar. The building’s exterior will be extensively renovated using sustainable construction practices with other new structures built to meet a demand for more space. A planning application has been submitted to the local city council in Richmond and construction is planned to kick off later this year, completed by Oct. 2022.

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More details of £15m Twickenham expansion released / TELEVISUAL

Twickenham Film Studios, operated by TIME+SPACE Studios, has announced more details of its planned £15 million redevelopment and expansion of London’s oldest film studio. The new developments include a state-of-the-art TV studio including audience participation, upgraded sound production studios, a second sound mixing suite to host tent-pole productions with Dolby Atmos in both and, central to the transformation, will be the construction of a brand new entrance building creating new public spaces with flexible workspaces, a boutique cinema, a café and rooftop social bar area.

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Historic Twickenham Studios gets £15m makeover / EGI

London’s oldest film studio in Twickenham is in line for a £15m revamp, including a new state-of-the-art TV studio, as the pandemic-inspired content boom continues to drive a surge in property investment on production sites. Twickenham Studios will get a new entrance building, sound production space, and a cinema as part of the works, which aim to give the historic site a lease of new life. Development manager the Creative District Improvement Company hopes to capitalise on the soaring demand for filming locations, as consumers burn through TV shows and films during lockdown

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LBC Interview with Twickenham Studios MD Cara Sheppard

Listen from 00:15:03

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TCDI announces £250m investment in Kent studio

The Creative District Improvement Company (TCDI Co.) has partnered with property developers Quinn Estates to deliver a £250 million investment in Kent’s TV and Film studios. This news comes despite the huge shockwaves caused to business by the coronavirus pandemic, and builds on a £50 million development with Twickenham Studios as the company looks to invest £500 million across the country. The development of the derelict Newtown Railway Works will create four new TV and Film studios in 240,000 square foot of dedicated production space, the plans for which you can see in these images. It is also expected to create jobs in the local area of Ashford. This space will be split in to 80,000 sq. ft of studios, 80,000 sq. ft of ancillary production space, 50,000 sq. ft of mill store and 30,000 sq. ft of media village. The latter will contain the Future Media Centre, an educational

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