Joint venture partners The Hill Group and Pinnacle Investments have exchanged contracts to deliver more than 1,900 new homes across two sites in North West London.
The Dollis Hill Wembley joint venture has completed the acquisition of former college sites in Wembley and Dollis Hill from United Colleges Group, on which it will deliver the new homes.
The Wembley site sits in a prominent position at the start of Olympic Way, which leads up to the stadium. It will replace the former College of Northwest London campus building and will comprise an 18-storey and 30-storey linked tower. The project will provide 307 apartments in a range of sizes, including 85 homes for social rent. The plans also include commercial and retail space on the ground floor as well as a concierge and secure cycle storage.
At the former college campus on Dudden Hill Lane in Dollis Hill, the joint venture partners will deliver up to 1,627 new homes across a series of buildings ranging from four to 28 storeys. The first phase will comprise a mix of build-to-rent and social rent homes, along with properties for private sale and new retail and commercial facilities.
As part of the proposals, Sovereign Network Group (SNG) will deliver 154 social rent homes across the two development sites.
The sale of the sites to Dollis Hill Wembley enables United Colleges Group to consolidate its premises and develop a new purpose-built educational campus on Olympic Way, close to Wembley Park Station.
Andy Hill OBE, founder and group chief executive of The Hill Group, said: “At a time when housebuilding has substantially stalled in London, we are working tirelessly with our partners to bring forward new developments, such as these two sites in Wembley and Dollis Hill. This significant milestone reaffirms our belief in London as a world-leading city in which to live and work and reflects the strength of our collaboration with Pinnacle and United Colleges Group.
“Together, we are unlocking the potential of these sites to deliver much-needed homes in the capital, while transforming the area to develop new and enhanced public realm and provide essential community amenities that enable sustainable and thriving new neighbourhoods.”
Christopher Turnbull, managing director at Pinnacle Investments, added: “Exchanging contracts marks an important step for our joint venture with Hill and reinforces our commitment to investing in high quality housing of all tenures where it is most needed. These developments will create vibrant, sustainable communities and play a key role in meeting Brent’s housing needs, while also enabling vital investment in education and skills through the delivery of United Colleges Group’s new campus.”
Stephen Davis, CEO and group principal of United Colleges Group, said: “Today is a significant milestone for the college and for Wembley. This new campus on Olympic Way will place students at the heart of one of London’s most iconic locations, providing modern facilities to support future skills in areas including construction, digital and green technologies, as well as a hospitality academy, in line with local and national priorities. It also ensures that our 130-year legacy in Brent continues for generations to come, transforming a disused building into a place of opportunity and ambition for London and Londoners.”
