好色先生TV

They鈥檙e quite the dynamic duo: Carol Ainscow, the wonder woman of Manchester鈥檚 renaissance, and Jason Millett, the former boy wonder of British construction.

Ainscow, whose Manto bar began the transformation of Manchester鈥檚 Canal Street into one of the gay centres of Europe, is the founder of Artisan, a 拢60m-turnover developer. Millett was given the glamour job of chief executive of Bovis Lend Lease鈥檚 UK operations before he turned 40, only for it all to end with his headline-grabbing resignation last summer.

Millett was appointed deputy chief executive of Artisan last month. The arrival of so prominent a figure is a sign of Ainscow鈥檚 intent to grow the company into a major player in the regeneration sector over the next few years. However, it also comes at a time when Bovis Lend Lease is none too subtly blaming its former golden boy for problems that led to a 拢48m writedown earlier this month. Those headlines keep following him ...

Return of the wonder kid

Millett left Bovis last summer after falling out with senior management about the restructuring of the business. Since then he was linked with a string of jobs on the contracting side, including a senior role at Amec. So it came as a surprise when he decided to join a client. 鈥淚 took a lot of advice,鈥� he says. 鈥淚 was told to take my time. There were lots of contractors [that approached me], I looked at quite a few developers. I even toyed with renewable energy.鈥�

The reason he picked Artisan was that it was doing 鈥渞eal regeneration鈥�. Lots of companies use the word to explain their activities, but often contractors are just looking at one-off projects and housebuilders are doing little different from what they鈥檝e always done, constructing bland estates.

Ainscow chips in: 鈥淩egeneration became quite a buzz word. Some of it became quite blurred; it鈥檚 sometimes difficult to unpick some of the commercial projects.鈥�

Artisan concentrates on some of the poorest areas of the country, providing an in-house construction as well as a development team. It has 16 projects under way worth a total of 拢600m. These include West Gorton, a 5ha site in east Manchester and the filming location for the Channel 4 series Shameless.

Ainscow wants to grow the firm鈥檚 turnover to 拢100m within 18 months to two years, which is where Millett comes in. 鈥淚 can鈥檛 do all that on my own,鈥� she says, before adding that this does not mean he will succeed her any time soon. 鈥淵eah, I鈥檓 retiring,鈥� she giggles. 鈥淣ah, I won鈥檛 retire until I鈥檓 100.鈥�

That gives Millett about 52 years until he takes over the top job. Ainscow鈥檚 shoes would be big ones to fill at any time. She has made her name and her fortune out of regeneration 鈥� she is the country鈥檚 80th richest woman with a personal wealth of 拢35m 鈥� and was part of the 鈥淢adchester鈥� generation that included music impresario Tony Wilson and developer Tom Bloxham. Indeed, she bought Wilson鈥檚 famous Paradise Factory nightclub off the receiver of his Factory Records business, and reopened it. 鈥淯nfortunately with Tony he spends more than he gets. I鈥檓 still very good friends with him, but it鈥檚 sad. I understand that he鈥檚 not stepped back into the Factory.鈥�

A gamble?

Millett and Ainscow are speaking to 好色先生TV just two days after Bovis Lend Lease announced a 拢48m writedown. Bob Johnston, the company鈥檚 global chief executive, said it would change its tendering policy in the wake of the hit, which was primarily caused by its 拢382m Manchester Joint Hospitals PFI scheme. Johnston added that a new management team had been put in place. Clearly, the implication was that Millett was to blame for the failure, and that his successor, Murray Coleman, had got the business back on track.

While Ainscow emphasises that the nature of Millett鈥檚 departure did not create any doubts in her mind over his appointment, it still rankles with the man himself. Millett says more than once that 鈥渉e鈥檚 kept his side of the bargain鈥�, not speaking about the events leading to his resignation. He quickly adds: 鈥淚t鈥檚 hard to sit here and not come back with some kind of implied comment.鈥�

Ainscow wants to grow the firm鈥檚 turnover to 拢100m within 18 months to two years 鈥� which is where Millett comes in

Millett finds the figures difficult to tally with the state of Bovis when he left. He might be trying not to imply anything, but there is little doubt he is arguing that Bovis is being overly cautious in its accounting. 鈥淢ost plcs have shareholders to think about. Subsequently they have to be pragmatic to satisfy shareholders and analysts. The position that Bovis finds itself in today is not just about the last two to three years. People are reinventing history.鈥�

Intriguingly, in an interview with 好色先生TV at the site of the Manchester hospitals project last month, Coleman tried to play down rumours that the scheme had financial problems, although he admitted construction at the awkward site was of 鈥�9.9 degree difficulty 鈥� with a pike鈥�. A month later, Bovis says it had not been priced properly.

A source close to the company points out that Millett made mistakes, but should not carry the can: 鈥淗indsight鈥檚 a wonderful thing. It鈥檚 a bit unfair on him to take all the blame 鈥� the pressure was on him from Lend Lease because it wanted the business. But Jason鈥檚 problem was that he never asked for help.鈥�

It鈥檚 striking how different Millett and Coleman are. Millett is immaculately dressed, Coleman more scraggly. Coleman has a formidable intellect, and is undoubtedly charismatic, but Millett is the more businesslike, choosing his words carefully and being unfailingly polite.

Millett does have a sense of humour, though. It emerges when he鈥檚 reminded of the speculation that he would not leave the North for London because of his family. 鈥淵ou comment on that a lot. My wife could strangle you for saying that,鈥� he laughs, before adding yet again: 鈥淚 couldn鈥檛 say too much publicly. I鈥檝e stuck to my side of the bargain.鈥�

It is interesting to note, though, that Artisan is based in the heart of Manchester, at the former Daily Express building, which the company redeveloped and where an 拢8m third phase is under way.

Artisans

It is obvious that talk of Bovis is of little interest to Ainscow. Understandably, she is more interested in her own business.

Artisan has been pigeonholed as a northern contractor 鈥� it was part of the winning consortium for the Manchester supercasino, before the project was re-tendered to comply with gaming legislation. Ainscow wants to change that impression and is looking to open a London office. She went to an open day this month for a scheme in Lambeth, south London. 鈥淲e have aspirations to move south,鈥� she confirms.

As the woman who made gay nightlife mainstream and then led Manchester鈥檚 city loft boom with the 40-apartment Sackville Street scheme in the mid-nineties, Ainscow is an experienced entrepreneur. Which is why she sneers when asked whether she would take the company public. 鈥淩eporting figures and reporting figures is not what Artisan is about,鈥� she says, indicating that a short-term profits motive harms long-term growth.

Which brings Ainscow back to what she is famous for: Canal Street. Many say the area has become too commercial, dominated by hen dos trying to be ironic and ruining the bohemian vibe that made it so popular in the first place. 鈥淚 think it was a victim of its own success,鈥� she sighs. 鈥淚 didn鈥檛 see it as just a gay area, I wanted Manto to have people mixing 鈥� most gay bars were very insular. It got ruined by the major breweries.鈥�

This encapsulates Artisan鈥檚 appeal to Millett. After 20 years in a major corporate entity, he now has the chance to help develop a self-consciously independent company. 鈥淭his, regeneration, is about the people constantly delivering: the Bernsteins [Sir Howard, chief executive of Manchester city council] and 鈥︹�� He pauses, then namechecks his new boss: 鈥溾�� the Ainscows.鈥�

As he then adds, this is a very different challenge from Bovis. He will also be hoping for a very different ending.