First resi buildings of €9b park town project delivered by Related Argent (GB)

First resi buildings in €9b park town project delivered by Related Argent (GB)

Brent Cross Town, the 728,434m2, 9.17b net zero park town being delivered by the partnership between Related Argent and Barnet Council, celebrates continued construction progress with the topping out of its first two residential buildings.

 

The first building currently known as Plot 12 will deliver 120 affordable homes, a mix of predominantly social rented homes for existing secure tenants of the Whitefield Estate, along with shared equity homes for existing Leaseholders, and additional shared ownership homes. It comprises two blocks surrounding the vibrant new Claremont Park to the south, with the High Street to the north and three retail units on the ground floor. Once completed, the blocks will be owned and managed by L&Q, with the first residents expected to move in towards the end of 2024.

 

The second building, The Delamarre, will provide 170 studio, one, two and three-bedroom for-sale apartments. Inspired by the Edwardian mansion blocks of Hampstead and Highgate, the bay-fronted brick building will feature a residents' courtyard garden in the centre. The topping out of The Delamarre signals the continued expansion of Brent Cross Town's residential offering which has experienced strong sales demand, with the first residents anticipated to move in from late 2024. The Delamarre building is part of the joint venture with Invesco Real Estate which is acting on behalf of a US separate account client, to bring forward the first major phase of homes including 800 market sale and Build-to-Rent (BTR) homes as well as retail and dining.

 

Alongside the achievement with the design and build, the topping out reflects the close-knit community at Brent Cross Town, with the Whitefield Estate Resident Steering Group, who have been a core part of the planning and delivery process for the affordable homes taking part. Those attending the ceremonies also included vital members of the Related Argent, Barnet Council and L&Q teams, alongside Invesco and NatWest as investors, and Midgard as the main contractor responsible for the construction of both buildings.

 

Tom Goodall, Managing Director of Related Argent, said: “We are delighted to mark these two significant milestones in the progress of the development of Brent Cross Town. With the first permanent public park opening last summer, and already a favourite local amenity for the existing community, two residential buildings now at full height, and three more well underway, the emerging town centre is visibly taking shape. It is a testament to the commitment and dedication of all involved that we have reached this point.”

 

Councillor Ross Houston, Deputy Leader of Barnet Council and Cabinet Member for Homes and Regeneration said: “At the heart of Brent Cross Town is our commitment to provide a range of much-needed quality housing for the people of Barnet. I am pleased to see the progress on site as the first new homes move closer to completion. We look forward to welcoming the first residents to Brent Cross Town next year with social housing the first to be completed across the new development.”

Related News