Stanhope and Network Homes secure planning permission for 575 new homes in Southall
Stanhope and Network Homes last night received a resolution to grant planning permission from Ealing Council for their c£200m joint venture housing scheme at Merrick Place, Southall.
Designed by Cartwright Pickard, the development will deliver 575 new homes, 2,100 sqm of office space and 318 sqm of flexible commercial floorspace within four separate buildings of between 15 and 23 storeys with a 2-storey podium. The regeneration of this light industrial site next to Southall railway station in the Southall Housing Zone, Ealing represents the first project between Network Homes and Stanhope to deliver innovative residential-led schemes that answer London’s need for more high quality housing.
The scheme will be car free but with 926 cycle parking spaces and two dedicated servicing bays on Merrick Road. Communal gardens and public realm space will be created on the Merrick Road frontage and landscaping, play and amenity space areas within the site. 35% of all residential units by habitable rooms will be affordable, with a tenure split of, 30% London Affordable Rent, 70% Shared Ownership.
Within 100m of the new Southall Crossrail station and less than 10 minutes’ walk from the centre of Southall, the development in Merrick Road will act as a gateway site, helping to trigger the transformational regeneration of Southall over the next decade, in line with Ealing Council’s aims. Several large sites nearby have been purchased by other developers.
Jonathan Trout, Property Director at Stanhope plc, said: “Stanhope is delighted to have secured a resolution to grant planning consent for Merrick Place in Southall with our strategic partner Network Homes and working in partnership with Ealing Council and the GLA. We look forward to working with Network and Ealing on developing out this project and the wider the regeneration of Southall.
We’re really pleased this fantastic scheme has got planning permission. Not only will it bring over 570 much needed new homes to London, it will also dramatically transform a poorly used brownfield site triggering the regeneration of the wider Southall area. We’re really excited about working with our partners at Stanhope, the GLA and Ealing Council to make this become reality.David Gooch, Executive Director of Development at Network Homes
James Pickard, Director at Cartwright Pickard, said: “We are thrilled with the result of this planning application. The project is a fantastic opportunity to demonstrate the full potential of offsite manufacturing methods to speed up the delivery and improve the quality of new homes for London. Stanhope and Network Homes are forward-thinking organisations that are pushing the boundaries in terms of innovation and design quality, and demonstrating how homes in London will be delivered in the future.”
Stanhope are developers with over 30 years’ experience and more than £22bn of completed projects. Stanhope’s successful track-record includes landmark projects such as Broadgate, Paternoster Square, Chiswick Park and the newly completed first phase of Television Centre, White City. Stanhope is a focused team of development entrepreneurs from professional property and construction backgrounds including surveyors, engineers and building experts, together with a finance team and support staff. Uniquely, the majority of the Stanhope executive team have worked together for over 15 years. Stanhope and its partners thus have a significant depth of experience and expertise which is applied to each project at all stages of the development process. Stanhope is majority owned by its management together with Mitsui Fudosan and AIMCo (Alberta Investment Management Corp). Stanhope is debt free and through its partners has access to capital to co-invest in new opportunities.
With over 40 years’ experience of providing affordable homes, Network Homes is one of England’s leading housing associations, owning and managing over 20,000 homes across London, Hertfordshire and the South East. Network aims to deliver around 5,000 new homes by 2023, one of the largest development programmes relative to size of any housing association in England. Network Homes is a strategic development partner with the Greater London Authority, and also invests around £1 million a year in economic development, social and environmental projects in the communities where it works.