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11/02/2016

Council Grants Approval For £200m Development In London

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Essential Living has been granted approval by Ealing Council for a £200 million development in London.

The build-to-rent specialist will redevelop a 2.8-acre disused perfume factory site into 500 new homes in North Acton.

Designed by architects Squire and Partners, the scheme includes developing two 33- and 37-storey tall towers.

Between 65,000 and 75,000 sq ft of commercial space will be built along with 53,000 sq ft of landscape, green space and courtyard spaces.

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In addition, 100 car parking spaces will be developed along with cycle facilities.

Overall, the project is London's largest build-to-rent scheme.

Chief Operating Officer, Martin Bellinger, said the planning approval "highlights the growing ability of the build-to-rent sector to make a very real contribution to Britain's housing needs, while providing renters with a new service-led offer that treats them like customers for the first time".

A main contractor will be selected next year, with construction scheduled to begin in 2018.

(LM/MH)

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