Peabody has announced the completion of 197 affordable homes at the Capital Interchange Way site in Brentford, West London.

The handover includes 85 homes specifically designated for social rent, alongside 112 shared ownership properties designed to provide a more accessible route into home ownership.

The project is part of a larger 420-home mixed-tenure development spread across three residential blocks. In addition to the affordable allocation, the site features 223 private rent homes, which includes 12 discounted market rent units. Families from Hounslow Council's housing waiting list have already begun moving into the social rent properties.

The not-for-profit housing association, Peabody, received upwards of £7 million in funding from the Greater London Authority to deliver the affordable portion of the scheme, which it will manage and own over the long term. The build-to-rent elements of the project were funded through a partnership involving Angelo Gordon, Ridgeback, and Telford Living.

The development prioritises sustainability, utilising air source heat pumps for low-carbon heating and hot water, complemented by high-quality insulation to reduce energy costs. Residents have access to communal terraces and gardens, including a dedicated courtyard for the affordable housing blocks. Beyond the residential units, the project includes 45,000 sq. ft of retail and commercial space intended to bolster local employment and support Brentford's town centre.

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James McMylor, Managing Director of Development for Peabody's north London region, said: "Affordable rent and shared ownership give people the chance to stay in the communities they know and love. It hasn't been an easy scheme to deliver, especially in such a tough financial climate, but by working closely with our partners, we've created homes that will make a real difference for local people. We're looking forward to welcoming residents over the coming weeks and seeing this new neighbourhood come to life."

Tom Copley, Deputy Mayor for Housing & Residential Development, said: "It's great to see these affordable homes complete at Capital Interchange Way, offering communal spaces, green surroundings and excellent transport links. I am delighted that funding from the Mayor of London has helped bring much-needed affordable housing to the area, and this development shows what can be achieved when partners share a clear commitment to delivering for local people. New shops, workspaces and training opportunities will also hugely benefit local residents, serving the wider community for years to come as we continue to build a better, fairer London for all."

Alex Taylor, Senior Vice President of Telford Living, said: "This has been a complex project, delivered during a challenging time for the industry. We are proud to have partnered with Peabody and our development partners to deliver a high-quality, mixed-tenure development that will serve Brentford for generations to come."

Councillor Shantanu Rajawat, Leader of Hounslow Council, said: "The completion of these new homes at Capital Interchange Way is a proud moment for our borough. In partnership with Peabody and Telford Homes, we're delivering 420 new homes, with half of them affordable, helping more local families put down roots in Hounslow. This is about more than numbers, it's about creating safe, secure homes and building communities where people can thrive."

The construction phase supported 58 employment and training opportunities via MIT Skills and Hounslow Council. The project also earned a Considerate Constructors Scheme score of 43 out of 45, highlighting its adherence to high safety and environmental standards.