Partner Article

Mainstay appointed on £600m Hallsville Quarter scheme

MAINSTAY – the leading residential and mixed-use property management specialist – has been appointed to manage the first two phases of Hallsville Quarter, Canning Town.

Part of the £3.7bn Canning Town and Custom House Regeneration Programme, Hallsville Quarter is set to breathe new life into Canning Town – with a brand-new town centre, public realm, co-working space and mixed-tenure housing units.

The first phase completed in 2015; phase two in 2018 and a planning application was granted in June 2018 for phase three, with a start on site scheduled for 2019.

With the two initial phases comprising more than 550 homes, the appointment means that Mainstay now manages in excess of 40,000 residential properties.

Charles Lucas, Technical Director at Mainstay, said: “We are delighted to be appointed to manage this landmark scheme for East London.

“Mainstay Group has seen continued growth in recent years, and this latest win – after a vigorous tender process – is testament to our reputation as a quality and trustworthy managing agent.

“We look forward to working closely with Linkcity to bring this exciting project to life.” Linkcity was selected as developer by the London Borough of Newham (LBN) to deliver the £600 million scheme.

Simon Rosenberg, Development Director at Linkcity, commented: “When the Hallsville Management Company board undertook the selection process, we were keen to choose a partner who we felt would share our values in terms of quality and attention to detail.

“As a company with two decades’ worth of experience and a proven track record in delivering excellence, Mainstay felt like the natural choice.”

In total, the transformational scheme is being delivered over five phases and will provide approximately 1,100 mixed-tenure homes, over 30,000 m2 of leisure and retail space, and community facilities including co-working space.

New pedestrian links and cyclist provisions will also be created, as well as 1,100 parking spaces. The project is set to be completed by 2024.

It is hoped that Hallsville Quarter will put East London on the map as a vibrant, thriving destination in which to live, work and play.

Established in 2000, Mainstay currently manages over 80,000 properties across the UK from its head office in Worcester.

Its portfolio spans property management, facilities management, asset management and build-to-rent, an area in which it specialises. Mainstay was the very first managing agent to introduce an on-site integrated property management solution for the luxury living market.

This was posted in Bdaily's Members' News section by Emily Hallinan .