Bouygues Development, part of the Bouygues Construction group, and Londonewcastle, has announced that they have completed the purchase of a 1.7 acre site for the development of a c.£65 million residential-led project currently known as Site 11B, in the London Borough of Brent.
The project, adjacent to Queen’s Park station, is a new mixed-use development comprising of 144 residential units, 28 of which are affordable units, and 480m2 of commercial floorspace. Housing association L&Q will acquire the affordable units. Planning consent was achieved in October. This site purchase paves the way for the demolition of the existing buildings in early 2014, with construction of the new scheme to start in March 2014. Construction will be carried out by Bouygues UK, a subsidiary of Bouygues Construction, and completion is due in 2016.
The development forms part of the £400m regeneration of South Kilburn, London, a project which aims to deliver 2,400 new high quality homes and turn the area into a new urban landmark, enhancing the vision set out by the London Borough of Brent.
Cllr George Crane Lead Member for Regeneration and Major Projects said: “This is another milestone in the creation of a new South Kilburn. With the support of our partners we are making this part of Brent a fantastic place to live and work. Brent Council and the residents of this area have a lot to look forward to in the New Year and plenty to celebrate. The new homes will be up to the excellent high standard this regeneration project is now synonymous for delivering - in both quality and design.”
Nicolas Guérin, Managing Director of Bouygues Development said: “Bouygues Development is very pleased to have reached this exciting and significant stage of such an important project for the London Borough of Brent. Working with our partners, our focus has been to provide a high quality development which enhances the council’s vision for the area, we are looking forward to delivering much needed homes and turning this vision into a reality.
Robert Soning, Chief Operating Officer of Londonewcastle, said: ”We are excited to partner with Bouygues Development to deliver a transformational new scheme for LB Brent which will bring high specification contemporary apartments to this thriving area.”
Jerome Geoghegan, Group Director for Development and Sales at L&Q, said: “With our partners, L&Q is creating well-designed homes for people on a range of incomes in South Kilburn.”
Source: londonewcastle.com 10. December 2013