Transport for London selects Barratt London as its partner for Bollo Lane
Transport for London (TfL)’s wholly owned commercial property company, TTL Properties Ltd (TTLP), has announced that it has appointed Barratt London as its joint venture partner for the delivery of its site by Bollo Lane in Acton as well as a range of other potential sites in west London, subject to contract completion.
Barratt London was selected as the joint venture partner after a competitive dialogue procurement process was successfully concluded. Bidders were assessed on their technical capability and the commercial performance of their tender.
The site in Bollo Lane received the go-ahead in January 2021 by Ealing Council at planning committee to deliver up to 900 new homes in Acton - with 50 per cent affordable housing - plus a range of benefits for the local community. The scheme has been designed to reflect the site’s surroundings and heritage, and provide new commercial space, which can be used by local businesses.
Alongside this, the proposal opens up public space, with green areas, play spaces, new footpaths and pavements as well as facilities to make walking and cycling safer and easier. The development will be delivered in three phases with the first phase comprising 195 build to rent homes, the second phase delivering around 450 homes and a third phase delivering around 250 homes.
Further land to the north in Acton, which could be incorporated into the partnership, could deliver a new facility for the London Transport Museum together with a further 800 homes. The joint venture partnership will also have the opportunity to develop other TfL sites across west London, helping to deliver thousands of new and much needed homes with close access to public transport.
As well as delivering new homes and public realm improvements, both TfL and Barratt London will seek to deliver new educational and job opportunities for those considering a career in the construction industry, including for those who live locally, through apprenticeships and training programmes.
Tom Copley, deputy mayor for Housing said: “This new development in Acton will provide affordable housing for hundreds of families and is a great example of how TfL land can be used to deliver much needed homes for Londoners. The new commercial space, as well as the green spaces and new walking and cycling areas will benefit not just the new residents but all those who live and work in the area.”
Jonathan Cornelius, head of property development at TfL, said: “We are excited to have appointed Barratt London as our partner to deliver our scheme by Bollo Lane in Acton, with the potential to bring forward other sites in west London in the future.
“This builds on our successful history of working together on Blackhorse View in east London, which will be the first of our joint venture developments to complete, and a new site by Wembley Park Tube station.”
Gary Ennis, regional managing director of Barratt London & Southern Regions, said: “There are exciting regeneration plans in and around Bollo Lane that will see the creation of new public spaces as well as new commercial opportunities for local businesses in West London.
“The regeneration of this site will be an exciting addition to South Acton and will bring much needed new homes to the area, with 50 per cent affordable housing. Its positive impact will be felt in Acton and Ealing with the delivery of jobs and homes for local residents, as well as enabling access to open space for the wider community and those that visit the area.”
By Mark Adair – Correspondent, Bdaily
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