Launched in 2022, the Golden Valley development in Cheltenham aims to create a thriving hub for innovation, combining over one million square feet of commercial space with new housing, focused on sectors like cybersecurity and tech. This initiative will include affordable housing, public spaces, and green areas, fostering a vibrant, inclusive community while connecting local talent with industry leaders for collaboration and growth. In 2023, HBD agreed to buy Factory's share in HBD x Factory Ltd. – the joint venture established to deliver the £1bn development – in an undisclosed multi-million-pound transaction.