Stanhope, Network Homes to build 575 new homes in London

Stanhope

November 27, 2018 – British real estate development services company Stanhope and Network Homes have secured planning permission from Ealing Council for a £200m joint venture housing scheme at Merrick Place in Southall, London.

The scheme has been designed by Cartwright Pickard and will deliver 575 new homes, 2,100m² of office space and 318m² of flexible commercial floorspace within four buildings of 15 to 23 storeys with a two-storey podium.

The regeneration of this industrial site adjacent to Southall railway station in the Southall Housing Zone, Ealing, will be the first project between Network Homes and Stanhope to deliver residential-led schemes in London.

The scheme will be car-free and will have 926 cycle parking spaces and two servicing bays on Merrick Road.

 

It will also provide communal gardens and public realm space on the Merrick Road frontage and landscaping, play and amenity space areas within the site.

Stanhope property director Jonathan Trout said: “Stanhope is delighted to have secured a resolution to grant planning consent for Merrick Place in Southall with our strategic partner Network Homes and working in partnership with Ealing Council and the GLA.

“We look forward to working with Network and Ealing on developing out this project and the wider the regeneration of Southall.”

Around 35% of the residential units by habitable rooms will be affordable, with a tenure split of 30% London affordable rent and 70% shared ownership.

Located within 100m of the new Southall Crossrail station and less than 10 minutes’ walk from the centre of Southall, the scheme will act as a gateway site and is expected to spur transformational regeneration of Southall over the next decade.

Several large sites nearby have been purchased by other developers.

 

Network Homes executive director of development David Gooch said: “We’re really pleased this fantastic scheme has got planning permission. Not only will it bring over 570 much needed new homes to London, it will also dramatically transform a poorly used brownfield site triggering the regeneration of the wider Southall area.

“We’re really excited about working with our partners at Stanhope, the GLA and Ealing Council to make this become reality.”

Source:- https://www.worldconstructionnetwork.com/news/stanhope-network-homes-to-build-575-new-homes-in-london/

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