Westminster bags multi-million-pound EcoWorld London project with over 100 new homes
EcoWorld London will deliver 155 new homes and two new sports and leisure centre in West London.
This is said to be part of the redevelopment of two sites in West Kilburn and Kensal Rise, following a £36m funding package from NatWest.
The redevelopment project has, so far, seen the construction of 99 new homes and the brand new Moberly Sports Centre - which includes the first new 25m swimming pool in Westminster for 40 years.
The final phase of the project will be on the site of the former Jubilee Sports Centre, creating 56 new homes as well as a new sports centre.
Ashley Toy, director of NatWest Real Estate Finance, said: “The development demonstrates why we were delighted to finance the project.
“The new leisure centre has already become a community hub and created new jobs and opportunities in the area. With both phases being completed, we’re excited to see the project come to life.”
The new £28m Moberly Sports Centre offers an eight-court sports hall, a learner swimming pool, health and fitness suite, exercise and dance studios, a synthetic turf sports pitch, a boxing hall and the aforementioned 25m swimming pool.
As well as a focus on bringing these opportunities to the community, EcoWorld London also focused on making the new development cost effective and greener than the previous offering.
Chris Scott, CFO of EcoWorld London, said: “The NatWest Real Estate Finance Team has provided us with invaluable support throughout the development of the scheme.
“The team has dedicated themselves to fully understand the complexity of the development and the needs of the business, and to structure the appropriate solutions.
“We value their expertise and hands-on approach and look forward to working with them further in the future.”
The entire redevelopment is projected to create nearly 700 jobs, with no cost to the taxpayer and will support local schools by offering use of the facilities.
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