Galliford Try Partnerships has been appointed by Genesis Housing Association and football club Queens Park Rangers (QPR) to deliver the first phase of construction works at Oaklands.
The £155m project is the first development being brought forward on the wider regeneration site at Old Oak Common in West London, and is part of what is set to become the UK’s largest regeneration scheme since work began to transform East London following the 2012 London Olympics.
A total of 605 new homes will be delivered, including a high proportion (40%) of social and affordable homes and the provision of 3,500 m2 of commercial space. The additional homes will be available for market rent, remaining in the ownership of Genesis and QPR.
Genesis and QPR’s new residential-led development will make a major contribution to delivering the Old Oak and Park Royal Development Corporation’s overarching vision for this area of London, generating an exceptional new neighbourhood for people to live and work.
Stephen Teagle, Chief Executive of Galliford Try Partnerships, commented: “We are delighted to be appointed as the contractor for this prestigious regeneration scheme at Old Oak Common, and to be working with our partners to deliver a vibrant new community and high-quality affordable homes which are so desperately needed across the capital.
“This contract adds to our growing order book across all regions and underlines our accelerated delivery programme for the provision of affordable homes across London, - bringing the total value of contracts awarded to our south- east business unit during the last quarter to over *£430m.”
Jeremy Stibbe, Executive Director, Assets and Investment at Genesis Housing Association, said: “We’re pleased to be bringing Galliford Try Partnerships on board to get works underway for getting this exciting new neighbourhood off the ground. Our Oaklands development will deliver hundreds of new mixed-tenure homes as well as local services and employment opportunities, and is kick-starting the overall long-term transformation of the Old Oak Common area.”
Mark Donnelly, Chief Operating Officer at QPR said: “This is a significant moment for west London with the delivery of new homes, including significant numbers of affordable homes and jobs which will be a real boost to the area. We are delighted to be working with Galliford Try Partnerships to deliver the Oaklands development and look forward to accelerating the delivery of more houses on other sites which will all help to deliver our long-term aim of a new stadium.”