Amro Partners has acquired a brownfield site close to Ilford Station in East London, as part of a land assembly play that will deliver a substantial Build to Rent-led mixed-use scheme providing c.700 units in one of London’s regeneration hotspots. Having secured this key landholding, Amro is undertaking discussions with adjoining landowners to bring forward development on this key gateway site and realise its vision of creating a highly sustainable Net Zero Carbon town centre scheme. One of the Mayor’s Metropolitan Town Centres, Ilford is the focus of a substantial regeneration plan that will deliver 6,000 homes and 3,000 jobs by 2030, underpinned by Crossrail and the arrival of new Elizabeth Line station facilities as well as a major investment in the public realm infrastructure.
Amro will develop one of Europe’s most sustainable residential assets, targeting ratings of Outstanding BREEAM Multi-Residential Rating, Fitwel 3* and WiredScore Platinum – the global digital connectivity and smart technology certification. The €239m (£200m) GDV project will provide shared facilities including co-working spaces, wellness centre, cinema room and private dining, meeting strong local demand for high quality, purpose-built rental accommodation. On completion the development will be managed by Amro’s operational brand, Amro Living.
Raj Kotecha, Co-Founder and Managing Director of Amro Partners said: “This is our first acquisition in East London and provides the opportunity to deliver our largest Build to Rent project to date, in a location being transformed by Crossrail and massive inward investment. We’re keen to see the project take shape as quickly as possible and will work closely with other landholders and stakeholders to drive it forward with the highest ESG credentials.”
