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Stanhope and Network Homes receive green light for £200 mixed-use scheme

Stanhope and Network Homes receive green light for £200 mixed-use scheme
5th February 2019

Stanhope and Network Homes receive green light for £200 mixed-use scheme

Stanhope and Network Homes have been given the go ahead to start work on their £200 million Ealing development.

The large mixed-use scheme — located in Merrick Place, in close proximity to Southall railway station — will be four separate buildings of between 15 and 23 storeys, comprising 575 new residential units and 22,600 sq ft of office space, as well as some flexible commercial floor space. In a move that should ensure the site’s desirability and ultimate success, 35% of the homes will be offered with a split of 30% affordable rent and 70% shared ownership.

The development is the first collaboration between Network Homes and Stanhope.

Property director at Stanhope, Jonathan Trout, said of the deal: “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 regeneration of Southall.”

David Gooch, executive director of development at Network Homes, also noted the benefits of the development to the area, saying: “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.”

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.


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