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16/12/2013

Go-Ahead For New Homes At Wembley Park

Quintain's 85-acre Wembley Park scheme is poised to enter its second phase of development, with unanimous planning permission granted by London Borough of Brent for 475 new homes, 433 of which will be privately owned.

The development was designed by Grid Architects and will consist of a series of seven buildings of various heights arranged around an acre of private gardens. It will be within five minutes' walk of both Wembley Park tube station and the new London Designer Outlet, which opened in October offering 70 shops, 15 restaurants and a 9 screen cinema.

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Maxwell James, Chief Executive of Quintain, commented: "Londoners want to live in a neighbourhood with soul as well as excellent amenities. With a century of history as a leisure destination, two iconic world-class entertainment venues, London's only designer outlet and Bond Street within 20 minutes by Tube, this new development at Wembley Park will be unique in London and highly attractive to those seeking a great place to live."

London’s population is forecast to reach 10 million by 2030 and the current undersupply of housing to accommodate the increase is estimated by Savills to be in the region of 50,000 homes per year. These new homes at Wembley Park have been designed to attract buyers from the mid and upper mainstream brackets, which are the most undersupplied sectors of the London housing market, with 416 of the apartments planned as one or two bedroom homes.

(CD/MH)

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