1-4 Capital Interchange Way
New partnership announced

New partnership announced

12/07/2021 by Buildington

Catalyst and Telford Homes have announced their new partnership for the Capital Interchange Way development in Brentford.

Telford Homes will work with Catalyst to oversee the delivery of the project, which will include 420 new homes (209 of affordable rent or shared ownership), up to 45,000 sq. ft of commercial and retail space, and a new public realm along Capital Interchange Way.

As part of the new partnership, the 209 new homes that had been proposed as the market sale will now be ‘Build-to-Rent’. The partnership will look to make amendments to the approved scheme, specifically at the provision of new amenity spaces as well as maximising communal spaces.

Philip Jenkins, Group Development Director at Catalyst, commented: “We’re thrilled to be entering this new partnership with Telford Homes which will see us deliver hundreds of much needed and high-quality new homes, half of which will be affordable, as well as commercial and retail space, and an attractive new public realm.

“Catalyst has a long history of creating great places to live, both in projects led by us and in partnership with other like-minded organisations. This is our first project with Telford Homes, and I look forward to working with them on this impressive scheme in a great location. Together, we are keen to start building this new neighbourhood and I look forward to being able to welcome our first customers to their new homes.”

Jerome Geoghegan, Group Land & Planning Director at Telford Homes, said: “We are delighted to be working with Catalyst Housing and to have exchanged contracts on this significant site in Brentford. Home to an abundance of shops, cafes, and restaurants; a world-class sports stadium; a UNESCO World Heritage site; a prime business district and excellent transport connections, Brentford is fast becoming the ideal place for new residents and visitors to live, work and enjoy. With rental demand already outstripping supply, this acquisition represents a significant growth opportunity as we continue to expand our build to rent pipeline. We believe this opportunity has all of the characteristics to enable Telford Homes to deliver a best-in-class product in Brentford.”

Redrow Homes had previously been Catalyst’s partner on the project and achieved planning permission and prepared the site for construction works. Because Redrow decided to exit the London residential market, the housebuilder decided to withdraw from the development.

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