Quintain has secured a further £172.5m of development financing from Cheyne Capital to support the continuing expansion of Wembley Park
The funding will support the development of the latest block in its Eastern Lands quarter, consisting of 458 homes and includes a multi-storey coach and car park that is being part funded by Homes England.
Angus Dodd, Chief Executive at Quintain commented: “Cheyne is an existing funder of the business on other phases under construction and we are delighted that it is continuing its support through co-funding the next development in the pipeline. The funding structure is bespoke for Build to Rent (BtR) and was executed in a highly efficient manner, demonstrating Cheyne’s expertise in this area. The funding will take the aggregate number of residential units under construction at Wembley Park back to over 3,000. These homes are on track to be delivered in phases over the next two years and will all be managed by Tipi.”
Arron Taggart at Cheyne Capital added: “The Quintain loan demonstrates Cheyne’s continued ability to provide large development loan solutions to high quality projects such as Wembley Park and support borrowers of the calibre of Quintain. The Wembley Park project is a complex and innovative example of how the London landscape continues to improve and change from large scale redevelopment such as this, and we are delighted to be able to play a part in that journey.”
The latest plot on the Eastern Lands is called E05 and comprises 458 homes across three blocks, ranging in height from 10-21 storeys. The homes are being delivered entirely for rent, including discount market rent and London living rent, all of which will be managed by Tipi, Quintain’s lifestyle-focused rental brand. Also at E05 is 83,000 sq ft of innovative amenity space in the form of podium-level private landscaped gardens, roof terraces and a resident’s lounge. The contractor for this project will be John Sisk & Son.
Read more at quintain.co.uk.
17/05/2019 08:14 by Buildington
John Sisk & Son and Quintain topped out the highest point to date at Wembley Park this week.
The building known as Block G, is one of seven in plot E03, set to bring forward some 750 new homes at Wembley Park, the majority of which will be for rent.
Block G will deliver 216 apartments across 139,000 sq ft, and will form part of what will be known as Canada Gardens (plot E03), a key part of the 85 acre regeneration of Wembley Park.
The latest residential block will include 216 new homes, across a range of tenure, of which 25% will be affordable and will include a super lobby, residents lounge and a roof top garden. The homes, spread across 25 floors, will offer unbeatable views across London and the surrounding area, and include 36 three bedroom homes, all with access to the gardens with something for everyone, from allotments to interactive play areas for children. 162 homes within Block G will be build to rent and will be managed by Tipi, Quintain’s residential rental management brand.
Built to accommodate coach parking at ground level for event days at Wembley Stadium, the design process has afforded the seven buildings at Canada Gardens private access to a two and half acre podium garden built on top of the 81 space coach park.
Plot E03 is the 9th project awarded to Sisk by Quintain at Wembley Park, and the latest building to be topped out, making it the tallest constructed building to date on site. The contract for construction at Canada Gardens, plot E03, is also the largest contract ever signed at Wembley Park (£211m), and was awarded to Sisk in November 2017.
Stephen Bowcott, CEO of John Sisk & Son commented:
“At Sisk we are very proud to celebrate this major milestone in the important relationship between ourselves and Quintain, who are an immensely valued client for us. Our people are at the heart of our business and this major milestone marks a great achievement by all involved in the project including our supply chain partners and our client team. We have used our previous experience over the last 13 years working with the design teams to drive efficiencies and deliver this superstructure. We are well on course to achieve the completion of Canada Gardens by 2020.”
Matt Voyce, Executive Director of Construction at Quintain, said:
“It’s a fantastic day for Quintain as we top out the highest point to date at Wembley Park. This marks the construction of a further 750 homes which are now well and truly under way, as part of our ambition to deliver 7,500 new homes at Wembley Park.”
This will be Sisk’s 9th project at Wembley Park in a productive 13-year history of working with Quintain in transforming the area. During this period, Sisk have successfully delivered 475 homes at the Emerald Garden development, London Designer Outlet, the Hilton London Wembley Hotel and the reconfiguration and refurbishment of the Grade 2 listed Wembley Arena now the SSE Arena, Wembley.
There have been 834 people employed as part of the construction of the concrete frame/superstructure with 32,000 m3 total volume of concrete and an average 550 m3 poured every week, on plot E03. There are 22 supply chain partners currently working on the development with over 800 operatives on site at present. Over 4,075 people have been employed on the construction to date.
As part of Sisk’s and Quintain’s commitment to community engagement and educating the next generation, 30 apprentice opportunities have been made available through the construction of Plot E03, with 18 spaces already filled. 35% of workers at Plot E03 are local labour, which peaked at 50% during the concrete frame construction.
Construction on Canada Gardens is due to complete in 2020.
24/11/2018 19:58 by Buildington
The Yellow community centre at Wembley Park is opening on the 1st October 2018!
The facilities are across two floors and have over 390 square metres of activity space.
From its new home at 1 Humphry Repton Lane, in the heart of the 85-acre Wembley Park regeneration area, The Yellow will build on its legacy and reputation as a treasured social space for local people in Brent to learn new skills and build connections and relationships within the community.
Councillor Muhammed Butt, Leader of Brent Council, commented: “This is great news – I know how important proper community space is, I’m over the moon that this much-loved centre is now even better, and can’t wait for residents to come along and see what’s on offer.”
The new Yellow will include floor-to-ceiling windows, a shared kitchen for cooking classes and community supper clubs, meeting rooms with TVs and media players, performance studios with high-tech PA systems and theatre lighting, fully furnished breakout spaces and fibre optic Wi-Fi throughout. Fitness enthusiasts will benefit from sports vinyl flooring on the main Mezzanine area and over £20,000 worth of brand-new sporting equipment, which includes a mini parkour pop-up gym.
Ash Patel, Community Engagement Manager at The Yellow, added: “This new community space will offer local residents a central hub in which they can be creative, learn and socialise. The Yellow will serve the needs of the emerging Wembley Park community and we are thrilled to unveil such a diverse social space.”
The new Yellow will also encourage local people to be involved in running skills classes and workshops, enabling them to take a lead, help make things happen and share their ideas, skills and passions with members of the Brent community.
James Saunders, Chief Operating Officer at Quintain, commented: “Community engagement at its best is an exchange of culture and ideas and fosters a sense of pride and belonging in a place. We are delighted to be opening a permanent home for the Yellow, which has done so much already to become a welcoming hub for people from across the Borough.
24/09/2018 10:41 by Buildington
Quintain has announced details of Europe’s first multi-storey coach parking complex being built on plot SE01 in the south-east end of the Wembley Park development.
The purpose built multi-storey coach parking complex will be the first of its kind and will deliver 290 dedicated coach spaces park over two levels. In addition, a five-storey 734 space car park will be provided above the coach complex, creating revolutionary parking provisions.
In order to manage the unique project, Huber, the German car park Design & Build specialist have been awarded a £41m contract to work alongside O'Keefe to deliver the project and act as the project manager and principle designer. With the groundworks now completed by O’Keefe (£13 million contract value), Huber (£28m contract value) will lead on the above ground construction of the structure through to completion.
At full capacity, the parking complex will accommodate up to 16,500 visitors, representing a major investment in infrastructure and innovative car parking solutions for Wembley Stadium and the SSE Arena, Wembley, as well as the surrounding 85-acre development taking place at Wembley Park.
The coach park will be laid out over two levels, each level with its own entrance. The five-storey, 734 space car parking structure, being built above the coach park, will also have its own entrance. Coaches will be organised according to length, height and weight and when fully utilised the entire structure will be able to accommodate over 1,000 vehicles.
The design has taken inspiration from the Rubik’s Cube, by using innovative engineering and bespoke design to ensure coaches, cars and pedestrians are able to co-exist harmoniously.
Matt Voyce, Executive Director (Construction) of Quintain, commented: “We are very proud to be able to bring forward such a unique and innovative project at Wembley Park. Working closely with Huber, who has an excellent track record of delivering large-scale parking solutions, we very much look forward to welcoming thousands of visitors to Europe’s first multi-story coach parking complex.”
Markus Lauble (Managing Director) of Huber, added: “Huber Car Park System is a multi-storey car park design and build contractor, this is a unique project within our portfolio and we are delighted to have developed it in very close cooperation with Quintain. It is the vision of Quintain team with the technology of Huber Car Park Systems that have made this project possible.”
Once the parking complex is completed, the operational management of the space will be handled internally by the Wembley Park estates team and will include a bespoke vehicle management and movements plan to ensure smooth parking placements within the structure.
The architectural design of the parking complex was undertaken by Potter Church and Holmes and the project is expected to complete in autumn 2019.
11/09/2018 06:09 by Buildington
Quintain has awarded a £161.5m construction contract to Wates Construction, one of their four key contractors on site.
The contract will see the delivery of 633 new homes at Wembley Park, including 347 build to rent and 286 affordable homes.
The contract for twin plots E01 and E02, is the largest ever awarded to Wates on a single site, and marks a total of £1.7bn worth of construction contracts given by Quintain at Wembley Park.
The E01/E02 development, located off Olympic Way, will provide 633 residential homes across private rented, affordable rented, intermediate for sale, intermediate rented tenures.
Of these, 347 will be build to rent and managed by Quintain’s rental management business, Tipi and will include state of the art residential living, with interiors by Fossey Arora and partnerships with Samsung, Kohler and John Lewis to supply appliances, brassware and furniture. The homes, which will neighbour Boxpark Wembley and a brand new seven acre park, will have access to private communal landscaped gardens, as well as a Multi-Use Games Area (MUGA). The building will also include a gym, with a children’s nursery at ground level.
Whilst this will be Wates’ largest project at Wembley Park, the team is nearing completion on plots NW07 and NW08 (Landsby), which will open to the public later this year, with 361 new homes, the majority of which are to be operated by Tipi with the remainder managed by Network Homes.
Quintain, who are delivering the massive 85 acre regeneration at Wembley Park, has already successfully delivered 1,400 homes, London Designer Outlet, the Hilton London Wembley Hotel and the reconfiguration and refurbishment of the Grade II listed Wembley Arena (now the SSE Arena, Wembley), as well as significant public realm.
Matt Voyce, Executive Director of Construction Quintain commented:
“We are delighted to have awarded the contract for E01 and E02 to Wates. We continue to deliver Wembley Park at pace, with 3,100 homes currently under construction and an astonishing 22 tower cranes now on site. This latest contract marks an exciting phase in the development, helping to bring forward 633 much needed new homes at Wembley Park. We look forward to working with Wates on this project.”
Mark Tant, Managing Director, Wates Construction London Residential commented:
“We’re pleased to announce our appointment to this latest stage of construction work and our continued partnership with developer, Quintain, taking the total number of apartments to be delivered by Wates at Wembley Park to over 1,300.
“This contract further demonstrates our expertise in delivering large-scale residential projects that add to the changing landscape of the capital. This also gives us further opportunity to continue our local community investment plan, supporting local schools and colleges with their career development, site tours and work experience as well as undertaking projects for the local community as part of our Reshaping Tomorrow commitments.”
Wates’ work at Wembley Park to date has seen them deliver a Wates Building Futures course for a number of local residents who were given the opportunity to engage in practical skills training in plumbing and carpentry. Many of the Building Futures attendees now have full time roles in the construction industry and the partnership formed between Wates and Brent Council has seen a successful reduction in long-term unemployed of local residents. The Wates Reshaping Tomorrow commitment has seen the team undertake significant building refurbishment to improve the working conditions of Addaction, a drug and alcohol treatment facility and Penrose a criminal rehabilitation centre, with the next phase of works due to deliver similar focus on community projects.
Wates is a member of Quintain’s main contractor framework and based on its experience and long-standing relationship with Quintain it was selected as the preferred main contractor to deliver E01/E02. Quintain’s other contractors within the framework are Sisk, McAleer & Rushe, McLaren and O’Keefe.
Construction on E01/E02 is expected to complete in 2020.
13/07/2018 21:43 by Buildington
Property developer Quintain and Samsung Electronics have signed a multimillion pound deal to provide the most innovative digital appliances in the market to over 3,000 Tipi rental apartments at Wembley Park.
This deal marks Samsung’s global first hardware subscription deal within the build to rent market. The deal has been constructed using Samsung Capital to fund the kit as well as on-going maintenance and provide a turnkey solution on a hardware-as-a-service basis.
Quintain is delivering the UK’s largest build to rent development at Wembley Park with over 5,000 homes managed by their residential management company, Tipi. The deal will see over 3,000 apartments kitted out with the latest ”connected” appliances including smart fridge freezers, ovens, hobs, dishwashers and washer dryers.
As part of the rollout, Samsung will be installing their state-of-the-art appliances not only in the apartments but also in the shared social spaces, which are part of Tipi’s all-inclusive lifestyle offering. Samsung connected devices include their ‘Family Hub’ fridges, which have built-in cameras allowing residents to see exactly what is inside their fridge from their mobile phone, and track the freshness of food items. With a connected fridge, residents can order groceries directly from the panel on the fridge door, surf the web or play music from the appliance while they cook.
While Samsung has a track record of securing major leasing deals in the hotel sector, this is the first within the build to rent sector. The deal guarantees that the appliances will be fully maintained and regularly upgraded, ensuring all Tipi residents have the latest products in their homes.
Rajesh Shah, Managing Director of Tipi, said:
“This deal with Samsung is excellent news for our Tipi residents. Tipi’s mission is to make renting in London as stress free as possible and having these fantastic Samsung appliances in all of our apartments and communal areas will do exactly that. At Tipi we offer residents an all-inclusive rental package with no agent’s fees and an on-site concierge and lifestyle service; and now I’m pleased that we can also offer the ultimate smart, connected home.”
Angus Dodd, Chief Executive of Quintain, added:
“We are delighted to be working with Samsung who are widely known as the global industry leaders in innovation. This deal is an important step forward to creating a smart city at Wembley Park and ensuring it remains one the most connected places in London.”
“Tipi is an industry leader in operating professionally managed rental homes and the deal with Samsung Electronics really makes Tipi stand head and shoulders above our competitors.”
Robert King, Vice President of Consumer Electronics, Samsung Electronics UK and Ireland, commented:
“Samsung is delighted to be chosen as a partner on this key regeneration project at Wembley Park. It identifies with our higher purpose of building communities, enriching experiences with technology and delighting our customers. Using Samsung Capital allows Quintain to refresh models every few years, ensuring their residents have the best, up to date experience at Tipi.”
07/03/2018 11:52 by Buildington
McLaren has been awarded two contracts of plots W03 & W06 at Wembley Park development by Quintain.
The new build development on plot W03 will provide circa 320,000 sq ft of residential and retail space. The mixed-use project comprises of two blocks, one of 10 storeys and the second of 15 storeys. The blocks include 340 Build to Rent units with associated common spaces and ground floor retail units. Construction works include reinforced concrete frame, brickwork façade with offsite prefabricated bathroom pods as well as external works including a new roadway.
McLaren has also signed a contract for early works and Pre-Construction Services Agreement (PSCA) on the W06 plot, directly next to W03. W06 will comprise of the re-alignment of a section of road known as Perimeter Way West and including installation of underground services below it. McLaren will also be installing the temporary sheet piling, reduced level excavations and load bearing piling for the future residential and commercial buildings on the plot.
John Butten, Regional MD of McLaren Major Projects commented: ‘’Following the successful appointment to Quintain’s contractor framework, we are extremely pleased to be awarded this project next to Wembley Stadium. Our commitment and dedication working with Quintain and the design consultants to achieve success has been rewarded by the further appointment to a PCSA stage on the adjoining plot which is due to be awarded later this year. We are looking forward to constructing this prestigious project working with Quintain and in close coordination with the stadium for logistics purposes and in conjunction with the other contractors working on the framework at Wembley Park.’’
Matt Voyce, Executive Director – Construction, Quintain added: ‘’We are delighted to have concluded the contract for W03. Our 85 acre development at Wembley Park is set to become the largest single build to rent site in the UK and seeing it evolve over the last decade has been a real privilege. We look forward to working with McLaren on these two pivotal plots adjacent to the National Stadium.’’
Kevin Taylor, Chairman of McLaren Group added: ‘’The opportunity to design and build these prestigious projects for Quintain is very exciting and we are very much looking forward to working in partnership to play a part in the transformation of Wembley Park.”
These are the first two contracts McLaren has secured with Quintain. The developments’ completion dates are phased throughout 2018 and 2019.
03/07/2017 16:08 by Buildington