Shieldfield is an estate on the outskirts of Newcastle city centre. It has seen increasing development pressures with a 467 per cent increase in student housing numbers between 2011 and 2015 which has affected the character and social mix of the area. After years fighting developments residents feel distant from institutions of power, ignored and disempowered. Residents are increasingly worried about the long term future of the area, fearing that the close proximity of the estate to the city centre will create continuing development pressures which could displace existing residents.
One Hundred and Thirty Million Pounds of Earth at Shieldfield Art Works was made in response to the dramatic rise in new developments. A collaboration between community group Dwellbeing and Newcastle University Planning students, the work traces the value and ownership of the new student residences. The work tells a story of a neighbourhood caught in the middle of a global land and development market. After the 2008 financial crisis, student housing was seen as a ‘sure profit’ for developers and investors alike, and this created a boom in the student accommodation market which has been replicated around the UK. For some residents, the estate of Shieldfield has become an island, leaving people feeling ‘hemmed in’ by new developments that are physically and socially disconnected from the wider neighbourhood.
The land titles for all twenty student accommodation blocks was bought, tracing the owner, their location, how much they paid for the land and the date of purchase. This was mapped and then each of the new student accommodation buildings was recreated for the exhibition using handmade bricks. The size of each model corresponds to the amount paid for the land, with each brick worth £250,000. But land values vary hugely, depending on the market conditions at the time it was bought. For example the student accommodation block Camden Court (owned by BAE Systems Pension Funds) was bought for more than £23 million in 2011, whilst in comparison the building The Shield (owned by Property GP1 Ltd, registered in Guernsey), was purchased for £1 million in 2015. This money, totalling over £130 million, ‘invested’ into the area to build the new developments is international in nature, over 50% of it lying offshore, and has little relationship to the local or regional economy. The work lays bare the vast sums of money flowing through the neighbourhood - money that barely touches the estate.
One hundred and thirty million pounds of earth highlights the uneven value of land transactions in the area and prompts questions about the role of international capital in local development: who decides how the value of land is calculated? Who has a say in urban planning and development processes? What is the true value of the land beneath our feet?
This work was made as part of Dwellbeing, a group of people that live or work in Shieldfield who have come together in response to the impacts of rapid urban development in the neighbourhood. Dwellbeing organises conversations, events, art activities, newsletters and trips to build knowledge about the issues that affect the local area.
Concept: Julia Heslop
Design: Julia Heslop and Hannah Marsden
Data: Josh Chambers, James Maloney and Hannah Swainston
Build and installation: Adam, Albie, Alisha, Alison, Allie, Ava, Bobby, Callum, Calum, Casey, Cheryl, David, Emily F, Emily P, Haley, Hannah M, Hannah P, Helen, Isabel, Jill, John, Julia, Mikey, Minnie, Molly, Nick, Shannon, Sharon, Sophie, Sue, Val, and Wendy.