Developers chase £ 230m redevelopment works in West London | news

A £ 230 million job building housing in West London over the next 15 years has been advertised.

The London borough of Hillingdon is looking for a long-term development partner for the redevelopment of the Hayes Town Center and Avondale Drive properties.

The program provides for the existing 404 apartments in both locations to be flattened and replaced by new neighborhoods with around 750 new apartments.

Hybrid building applications for the redevelopment of both settlements are currently being processed.

The council, which has stated that all new housing developments should contain at least 35% affordable housing, has committed itself to replacing all demolished affordable housing.

She added that it will aim to maximize the amount of affordable housing in the new development by drawing grants from the $ 4.8 billion.

The authority was looking for a development partner who could jointly meet the requirements of the project in terms of conception, planning, demolition, construction and sales over a “long period of time”.

The contract has an initial term of 10 years and can be extended for a further five years.

The closing date for entries is August 26th, the call for applications is to take place on September 8th.

Source link