RICS to Gather Input on Residential Retrofit Standard
RICS has launched an eight-week-long consultation to gather opinions from industry professionals on the new RICS Residential Retrofit Standard for 2023. The data...
Read Full ArticleBarratt London has been selected as Transport for London’s joint venture partner to create a new scheme at Bollo Lane in Acton.
Transport for London (TfL)’s commercial property company, TTL Properties Ltd (TTLP) chose Barratt London after a competitive procurement process.
Bollo Lane was approved by Ealing Council in January 2021, and will deliver up to 900 new homes in Acton with 50 per cent affordable housing and new commercial space for local businesses.
The proposal also opens up public space, with green areas, play spaces, new footpaths and pavements as well as facilities to make walking and cycling safer and easier.
The development will be delivered in three phases with the first phase comprising 195 build to rent homes, the second phase delivering around 450 homes and a third phase delivering around 250 homes.
The joint venture partnership will also have the opportunity to develop other TfL sites across west London.
Jonathan Cornelius, Head of Property Development at TfL, said: “We are excited to have appointed Barratt London as our partner to deliver our scheme by Bollo Lane in Acton, with the potential to bring forward other sites in west London in the future. This builds on our successful history of working together on Blackhorse View in east London, which will be the first of our joint venture developments to complete, and a new site by Wembley Park Tube station.
“This joint venture partnership demonstrates how we are going from strength-to-strength with our wider commercial development programme, which will see thousands of high-quality homes delivered across London alongside improvements for the local communities in the areas where we build. This partnership will also help generate vital additional revenue, which will be reinvested into the transport network and help fund a safe, green and reliable public transport network.”
TTLP and Barratt London’s first joint venture is a development at Blackhorse View, opposite Blackhorse Road station. 350 new homes, as well as a range of improvements for the local community such as a new public cycle hub, is nearing completion (at the time of writing).
The companies are also working on a new development by Wembley Park Tube station, which will deliver more than 450 new homes, including 40 per cent affordable housing, a retail unit, and new operational space for TfL.
Picture: an image showing the exterior of a commercial space at 200 Bollo Lane, from a view of the street. Image Credit: TfL
Article written by Ella Tansley | Published 05 April 2023
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