The trust was reconstituted after Nicholas Falk and David Rudlin won the 2014 Wolfson Economics Prize for showing how to build new Garden Cities that are visionary, viable and popular. A group of expert board members are overseeing different projects, in partnership with other public bodies.

URBED was originally founded as the Urban and Economic Development Group in London’s Covent Garden. Consultancy work in masterplanning, urban design and sustainability is now undertaken by a multi-disciplinary cooperative based in the centre of Manchester but working throughout the country.