Bouygues Development, part of the Bouygues Construction group, and Londonewcastle, the central London residential developer are pleased to announce that they have been selected as preferred development partner by the London Borough of Brent for a c.£65million residential-led project currently known as Site 11B, in South Kilburn, London.
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. Construction is targeted to commence in early 2014 and be completed by November 2016.
The development forms part of the £400million regeneration of South Kilburn, London, which aims to deliver 2,400 new high quality homes and is set to become a new urban landmark, enhancing the vision set out by the London Borough of Brent.
Brent Council’s Lead Member for Regeneration and Major Projects Cllr Crane said:
“This new development will be a real asset to the regeneration of South Kilburn. It opens up this desirable part of Brent to buyers who often have to compromise location for size or quality. Our aim is to develop housing of a high standard, in great neighbourhoods, to suit most budgets. This scheme, thanks to the support of our partners, is an example of how we are making that possible.”
Nicolas Guérin, Managing Director of Bouygues Development said:
“We are delighted to be part of the team delivering this important project and helping the London Borough of Brent to realise their vision. Working with our partners, our focus has been to provide a high quality development, designed with this vision in mind and deliver a scheme which enhances the area and supports the environment where people will want to live.”
Robert Soning, Chief Operating Officer of Londonewcastle commented:
”We’re excited to be working with Bouygues Development and LB Brent on this significant regeneration project that will deliver state of the art residential accommodation in an area known for Victorian conversions. We believe this will offer a step change in the quality and sophistication of homes offered in the buoyant Queen’s Park area.”
Jerome Geoghegan, Group Director for Development & Sales at L&Q, said:
“With our partners, L&Q looks forward to creating well-designed homes for people on a range of incomes, following our successful development elsewhere in South Kilburn.”