Clarion Housing Team has finished the acquisition of the Argenta Space website online at Stonebridge Park and entered right into a £68.35m building contract with JRL Team.
Designed via Assael Structure, the venture comes to a 27-storey and a 30-storey construction within the London Borough of Brent, turning in 180 houses for social hire and shared possession.
Clarion at the start secured making plans permission in 2020 for a 24-storey scheme comprising 130 devices. Two years later revived plans for 26 storeys and 141 devices have been licensed, and Henry Building began on website online. 9 months later Henry Building went into management and building stalled.
The in the past stalled scheme has been revived via Argenta Space (Stonebridge Park) LLP, a three way partnership between Latimer, the advance arm of Clarion Housing Team, and Cervidae. The JV secured new making plans permission for the website online and proposed a 100% reasonably priced housing construction at a location reverse Stonebridge Park Station. The brand new proposals building up the tower heights and choice of houses at the website online, together with extra family-sized lodging, along enhancements to public realm and connectivity.
Following the of completion of the land acquire, Clarion has now taken complete possession of the website online and appointed JRL Team as building contractor. Paintings is scheduled to start in March 2026, with of completion anticipated in early 2030.
Richard Prepare dinner, crew construction officer at Clarion Housing Team, mentioned: “Via our partnership with Cervidae, we have been ready to protected making plans permission and identify a robust platform for turning in much-needed reasonably priced housing at Argenta Space. By way of now obtaining the website online and transferring without delay right into a building contract, we’re making sure this long-stalled scheme turns into a deliverable venture that can supply 180 actually reasonably priced houses for Brent.
“That is about long-term stewardship up to supply. Taking complete possession of the website online lets in Clarion to verify those houses stay reasonably priced for generations to come back. We’re happy to be operating with JRL Team to carry ahead a construction that helps Brent’s housing ambitions and is helping liberate regeneration round Stonebridge Park.”
JRL Team director Kevin Keegan mentioned: “”We’re extremely joyful to be entrusted with the supply of this landmark construction which can supply a lot obligatory housing in a sustainable location with nice shipping hyperlinks.”
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