Catalyst and Redrow Homes have entered into a partnership agreement for the development of a 450-home mixed-use scheme in the London Borough of Hounslow. The partnership intends to deliver a mix of one, two and three bedroom apartments and includes a high percentage of affordable housing, available as shared ownership and affordable rent.
The site is located on Capital Interchange Way in Brentford, Hounslow and is a five-minute walk from Kew Bridge station. Alongside the new homes, the proposals also include commercial office and retail space. The borough of Hounslow is a gateway to the UK and has one of London’s strongest performing economies. Brentford, located on the Golden Mile, is currently undergoing a transformation with a number of huge regeneration projects underway.
The new partnership is a 50:50 contractual agreement between Redrow Homes and ‘Catalyst by Design’, a subsidiary of Catalyst. Together, the pair will take the proposals through planning, development and delivery, with Redrow managing the construction of the scheme.
Keith Parrett, Regional Chief Executive for Redrow London, commented: “Redrow is very pleased to be working in partnership with Catalyst on this exciting proposed project in Brentford. Brentford is currently receiving significant inward investment with the construction of the new football stadium recently commencing and the plans underway for the Great West Corridor. We look forward with our partners, to contributing hundreds of new homes, offices and other amenities in the coming years.”
Rod Cahill, Chief Executive of Catalyst, said: “By working in partnership with Redrow homes, we can deliver even more affordable homes for Hounslow and for London. We can’t wait to get started on this scheme and look forward to welcoming our first residents.”