Development partner chosen for GBP2.5bn regen PPP in UK

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Development partner chosen for GBP2.5bn regen PPP in UK

Harrow Council in the UK has selected Wates Residential as the development partner in the equally owned Harrow Strategic Development Partnership (HSDP). The partnership is the largest investment and development opportunity Harrow has seen and will create an inviting, attractive and thriving Wealdstone high street that generates apprenticeships, training, and wealth in the borough. It will transform the landscape of Wealdstone, building 1,500 new homes, including a significant number of affordable homes, a new civic centre, shops, offices, and a school, as well as public and green spaces.

The partnership will work with hundreds of young people at schools and colleges across the borough to provide school curriculum support and help raise aspirations; invest in employment, skills, and training initiatives including providing construction training for over 130 unemployed adults to help kick-start their careers; and deliver 220 apprenticeships.

Wealdstone is the urban heart of the borough. It has great transport links, with trains into central London in under 15 minutes, good and outstanding primary and secondary schools, and access to beautiful green spaces – the listed Headstone Manor and recreation ground 15 minutes’ walk from the high street – making it an attractive development opportunity.

The search for the private sector delivery partner was overseen by strategic real estate advisor Avison Young while international law firm, Pinsent Masons advised Harrow Council on the set up of the proposed partnership in the north-west London borough.

The Harrow Strategic Development Partnership is due to start in February 2021 with the first homes built in 2022.

List of country news

Country news

  • August 13, 2020

    RFQ for GBP 800 million regeneration project in the UK

    Metropolitan Thames Valley Housing (MTVH) has published a contract notice for the GBP 800 million (USD 1.04 billion) Clapham Park Phase 2 Estate Regeneration Project in south London.

    Read more
  • August 11, 2020

    Tender for ambitious zero-carbon smart energy city project in UK

    Bristol City Leap, an ambitious project to deliver a zero-carbon, smart energy city by 2030, has re-launched a global search to deliver up to GBP 1 billion (USD 1.3 billion) of investment and provide significant economic benefits for the people of Bristol and its businesses.

    Read more
  • August 10, 2020

    GBP 1.2 bn housing community PPP signed in the UK

    The Basingstoke and Deane Borough Council and Hampshire County Council in the UK have signed the Public-private partnership agreement with Urban&Civic and Wellcome Trust for GBP 1.2 billion (USD 1.6 billion) Manydown garden community development project.

    Read more
  • July 29, 2020

    Six shortlisted for GBP400m mixed-use development in UK

    Cheltenham’s GBP 400 million (USD 516 million) Golden Valley Development has announced that six potential development partners have been shortlisted after an extensive search closed earlier this month.

    Read more
  • July 29, 2020

    Tender for GBR2.1bn energy recovery facility PPP in UK

    Hartlepool Borough Council in the UK has launched a tender for the design, build, financing, commissioning, testing and operation of an energy recovery facility (ERF) project. The estimated value of the project excluding VAT is GBP 2.1 billion (USD 2.7 billion).

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.