Network Homes have exchanged contracts with Joseph Homes to deliver 134 affordable properties at The Old Vinyl Factory in Hayes.
The new homes are part of a package deal with ARJ Construction with work likely to start in June 2022 on a mixture of apartments and maisonettes. Completion is expected in August 2024.
The scheme is a part of a wider redevelopment by U+I, which is transforming former record company EMI’s pressing plant into an exciting residential, employment and leisure hub. The 17-acres site will comprise 642 homes with innovation and educational hubs, restaurants, shops, gym, cinema and a live music venue.
The development by Network Homes will include 57 properties for London Affordable Rent, 58 for Shared Ownership and 19 for London Living Rent.
Amenities include green communal spaces and roof terraces across three buildings with commercial space on the ground floor.
David Gooch, Network Homes Executive Director of Development, commented: "We’re really excited to be helping to give a new lease of life to this site with its amazing musical and cultural history. New homes are needed in this area and the project will help us deliver our aim of starting at least 1,000 affordable homes by March 2023."
Paul Dipino, Chief Innovation Officer at Joseph Homes, said: “We’re delighted to be able to work with Network Homes to deliver much needed affordable housing in such an important part of London. Whilst we know that there is an ongoing need for affordable homes, there is more importantly a need for quality homes. One Vinyl Square was designed with our LIVE WELL principles at the heart, and we’re pleased to have been able to contribute to the initial stages with the high-quality design of the scheme.”
Commenting on the development, Steve Doherty, ARJ Director, said “We are thrilled to be working with Network Homes on our second residential-led development, providing much needed affordable homes in London. With 98-102 Burnt Oak Broadway currently underway and due to deliver 100 homes in 2023, ARJ are delighted to continue our relationship with Network Homes on One Vinyl Square.”