Development partner chosen for GBP2.5bn regen PPP in UK

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Development partner chosen for GBP2.5bn regen PPP in UK

Harrow Council in the UK has selected Wates Residential as the development partner in the equally owned Harrow Strategic Development Partnership (HSDP). The partnership is the largest investment and development opportunity Harrow has seen and will create an inviting, attractive and thriving Wealdstone high street that generates apprenticeships, training, and wealth in the borough. It will transform the landscape of Wealdstone, building 1,500 new homes, including a significant number of affordable homes, a new civic centre, shops, offices, and a school, as well as public and green spaces.

The partnership will work with hundreds of young people at schools and colleges across the borough to provide school curriculum support and help raise aspirations; invest in employment, skills, and training initiatives including providing construction training for over 130 unemployed adults to help kick-start their careers; and deliver 220 apprenticeships.

Wealdstone is the urban heart of the borough. It has great transport links, with trains into central London in under 15 minutes, good and outstanding primary and secondary schools, and access to beautiful green spaces – the listed Headstone Manor and recreation ground 15 minutes’ walk from the high street – making it an attractive development opportunity.

The search for the private sector delivery partner was overseen by strategic real estate advisor Avison Young while international law firm, Pinsent Masons advised Harrow Council on the set up of the proposed partnership in the north-west London borough.

The Harrow Strategic Development Partnership is due to start in February 2021 with the first homes built in 2022.

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.