September 20, 2012

Acton Gardens Reaches Out for New Homes

The London Borough of Ealing has granted planning permission for the £579 million regeneration scheme in Acton Gardens that will build thousands of homes and pave the way for new jobs in the trades.  

The regeneration of Ealing’s largest housing estate will develop an urban village with around 2,500 homes, half of which will be affordable, as well as tree-lined streets, parks, communal gardens, offices and retail space.

The developer, Acton Gardens LLP, is a joint venture between Countryside Properties and social housing landlord L&Q. It has established Acton Gardens Community Board in conjunction with local residents and stakeholders, to help manage the 15-year regeneration programme.

The new homes will be built to achieve a minimum Code for Sustainable Homes Level 4 offering low heating, power and water consumption. Non-domestic buildings are aspiring to achieve BREEAM ‘Excellent’.

David Montague, Chief Executive of L&Q, said: “Securing planning committee approval is a crucial milestone in the transformation of South Acton and we are extremely pleased to have been given the green light by our partners at the London Borough of Ealing.

“The consultation process with residents and local and regional stakeholders involved numerous public exhibitions, workshops with community groups and over 600 face to face interviews with residents.

“The results of this process can be seen in the quality of the design proposals which are very focused on delivering the aspirations of local people. The ground-breaking ‘Future Climate’ work at Acton Gardens will aid us in all our future projects.”

Currently there are 167 dwellings at Acton Gardens which are under construction with first completions expected in January 2013.

Approval for £8bn London Development to Create New Jobs

An ambitious £8 billion redevelopment plan for Earls Court and the Kensington Opportunity Area in West London is set to pave the way for thousands of jobs in the trades.

The London Borough of Hammersmith and Fulham has today granted planning permission to Capital and Counties Properties to develop a new urban district including 7,500 new homes across four residential districts.

The Council have estimated that more than £1 billion worth of community benefits will be generated in the local area, creating 9,500 permanent jobs.  It will also include 760 replacement council homes.

The scheme will also include the building of 1,500 affordable homes, offices, educational, cultural and community facilities as well as a new five acre green park.

Residents living on the estates would be offered the chance to build new skills in preparation for the thousands of employment opportunities which will be created.

Leader of Hammersmith and Fulham Council, Cllr Nicholas Botterill, said: “This major regeneration could lead the way in lifting the country out of recession – ploughing hundreds of millions of pounds worth of investment into London’s economy and bringing thousands of new homes and jobs.

Ian Hawksworth, Chief Executive of Capco welcomed the Council’s decision to grant a planning consent for the Earls Court Masterplan which work is expected to start next year.

He said: “The proposed scheme will offer a multi-billion pound investment in both London and the local community creating thousands of new homes and jobs.”

Major transformation in St James’s area to create new jobs

The Crown Estate has submitted four planning applications as part of a £450 million redevelopment plan that will transform the St James’s area in central London and create new jobs.

A major part of St James’s will be rebuilt to create nearly 340,000 sq ft of mixed-use accommodation between Regent Street and Haymarket.

The lead scheme, known as St James’s Market, will see the building of a commercial redevelopment which will create offices, retail and restaurant space behind preserved historic facades in central London.

The proposals mark the next stage of the Crown Estate investment programme for St James which comprises nearly 50 per cent of the buildings in the area.

James Cooksey, Head of St James’s Portfolio said: “Our investment in St James’s builds on the area’s status by providing a first rate destination amenity space for those living, working and visiting the area.

“Together with our Gateway scheme and investment in Trafalgar House and British Columbia House, it demonstrates the major progress we’re making in delivering on our St James’s strategy.”

Commenting on the proposals, Alastair Smart, Head of Development said: “St James’s Market is perhaps the most significant development we have ever undertaken and builds on the two schemes currently on site as part of our investment in St James’s and Regent Street to provide modern space for global businesses.”

The St James’s Market proposals also include three associated private residential and affordable housing schemes. These will create new homes totalling 60,000 ft2, ranging from one bedroom apartments to four bedroom family homes.

In March 2012 The Crown Estate consulted the local community and received strong levels of positive feedback on the proposals, particularly in relation to the improvements to the accommodation and quality of the public areas in St James’s.