I reproduce below a press release from Quintain and will note only that the homes will be 'no more than 80% of market rent' - 80% is not of course affordable for those on the Council waiting list and it would be useful to know how many, if any, will be let at a significantly lower rent.
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Quintain, the developer behind the transformation of Wembley Park, has
awarded its largest ever construction contract to Sisk. The £211m contract will
deliver Canada Gardens, which comprises 743 new Build to Rent homes across
seven buildings and will be Sisk’s ninth project at Wembley Park.
Canada Gardens is Quintain’s latest scheme at Wembley Park and is entirely
designed and purpose built for rent. Of the 743 new homes delivered, 303 of
these will be London Housing Bank equivalent units and will be rented at no
more than 80% of market value, including service charges, which is consistent
with the London Plan thresholds for intermediate affordable housing.
These new homes – which will all be managed by Quintain’s build to rent
business, Tipi – will widen Wembley Park’s family appeal with over 300 of the
homes provided as two and three bed units. Shared facilities include a podium
level play area and a spectacular new park with a number of activities for children.
Meanwhile pet owners will be well catered for with a special dog walking area
and pet garden.
The shared roof terrace will provide views of London and Wembley Stadium
and residents will also have access to a club house, BBQ area, allotments and a
one acre podium garden. Access to all the homes will provided via a super lobby
which will also be home to a new centralised Tipi HQ and marketing suite.
This will be Sisk’s ninth
project at Wembley Park in a productive 12 year history of working with
Quintain in transforming the area. During this period they have
successfully delivered the 475 home Emerald Garden development, London Designer
Outlet, the Hilton London Wembley Hotel and the reconfiguration and
refurbishment of the Grade 2 listed Wembley Arena now the SSE Arena,
Wembley.
Angus Dodd, Chief Executive of Quintain commented:
“Sisk has delivered
eight successful projects to date at Wembley Park and has been a trusted
partner for 12 years. I am delighted to continue our partnership with Sisk by
awarding them our biggest ever construction contract. All contractors on
Quintain’s main framework are valued partners and members of a team working
together to bring London property and places to life.
“The Canada Gardens
development will be a fantastic new collection of purpose built rental homes
which will appeal to families, couples, sharers and single people both young
and old, demonstrating that Wembley Park really is a place for everyone.”
Stephen Bowcott, CEO
of John Sisk & Son said:
“At Sisk we are very
proud to celebrate another milestone in the important relationship between
ourselves and Quintain, who are an immensely valued client for us. We have used
our previous experience over the last 12 years working with the design teams to
drive efficiencies in to the project. We always look to add value to the design
process with our early input and we will continue to work closely with Quintain
as our trusted partner on this latest phase of the development at Wembley Park.
“It is important to us
that we maintain the highest standards of project delivery and quality with a
health & safety record that makes both organisations proud. We also look
forward to maintaining our excellent relationship with the design team and with
the community here in Brent. Our recent “Pride of Brent” Award recognised
that we are contributing to the local community by employing 40% of local
labour on site. We are delighted to give back to the local economy in
this, and many other ways, with our joint engagement programmes.”
Sisk is a member of Quintain’s main contractor framework and based on its experience and long standing relationship with Quintain it was selected as the preferred main contractor to deliver Canada Gardens. Quintain’s other contractors on site are Wates, McAleer & Rushe, McLaren and O’Keefe.
