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Fri April 26 2024

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Keepmoat wins £50m Maida Vale revamp

21 Dec 16 Keepmoat has been selected to redevelop part of a 1960s housing estate in Maida Vale, London.

CGI of the new flats
CGI of the new flats

The project will provide 195 new mixed tenure flats and 53 refurbished ones on the Tollgate Gardens estate. The mix of the scheme is 50% open market sale, and 50% affordable home ownership and social rented homes.

Client for the project is Latimer, part of the Clarion Housing Group.

Originally built in the 1960s, the estate was identified as a priority regeneration project in Westminster City Council’s housing renewal strategy in 2010. The existing low-rise blocks will be demolished to make way for the new apartments.

Approximately £20m created from the open market sales will be reinvested to support the remaining estate improvement works, including the remodelling of the 11-storey Tollgate House and community centre.

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Keepmoat regional managing director Dan Germann said: “This project is delivering much more than traditional social housing, it is showcasing our ability to build high-end, mixed tenure, social rent, affordable and private sale homes at large scale, in an area where people genuinely want to live and where homes of all kinds are in increasingly high demand.

“We have a demonstrable track record of delivering large scale regeneration projects in partnership with local authorities and housing associations; and so are perfectly placed to work with Latimer and Westminster City Council on this ground-breaking scheme.  We are also committed to liaising with local residents throughout the duration of the build process, to ensure everybody gets the best out of this project.”

Latimer development director Kerry Kyriacou said: “This large-scale project demonstrates our ability to work flexibly to facilitate affordable housing. We are looking forward to working closely with Westminster City Council and Keepmoat to bring forward high quality new homes, community facilities and green spaces in this part of the city as part of what will be a flagship development benefitting not only current residents but also generations to come.”

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MPU
MPU

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