brent cross south limited partnership first phase proposal ... · • 1,165 new homes • 782...
TRANSCRIPT
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Brent Cross South Limited Partnership First Phase Proposal Summary
Argent Related & London Borough of Barnet
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Contents
What is the First Phase?
The Land in the First Phase
The Intended Development Sequence
The Role of the Master Developer
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What is the First Phase?
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BXS First Phase
• Over 1,000,000 sq.ft of development
• 1,165 new homes
• 782 apartments for sale
• 250 Build to Rent flats
• 133 affordable homes, including 110 units
replacing the Whitefield Estate Towers
• 70,000 sq.ft of workspace
• Accommodation for 390 students
• 250 bedroom hotel
• Health and community facilities
• Shops and restaurants
• Transformation of Parks & Playing Fields
CLITTERHOUSE PLAYING FIELDS
CLAREMONT PARK
MARKET SQ
HIGH STREET
STATION SQ
TEMPLEHOF BRIDGE
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Plots and Uses in the First Phase
Market Sale
Affordable
BTR
Student Housing
Hotel
Office
Retail
Community Uses
Plot 11
Plot 201
Plot 202
Plot 203
Plot 204
Plot 93
Plot 18
Plot 12
Plot 13
Plot 206
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The Land in the First Phase
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Land in First Phase
• Land is either already owned by LBB or subject to an
active Compulsory Purchase Order procedure
• The majority of the land (99.7%) will generate a Council
Land Contribution
CLC Land
CPO 1
CPO 2
CPO 3
Third Party Land
Whitefield Estate Land
Land Excluded from CLC
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The Intended Development Sequence
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Shopping
Centre Opens
High Level Build Sequence
e
Plot 18
Available
Station
Opens
Plot Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
12
13
202
93
204
203
206
11
201
2020 2021 2022 2023 20242019
Market BTR
Affordable
Market Sale
Hotel
Office
Market Sale
Student Housing
Market Sale
Market Sale
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The Role of the Master Developer
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Creating Serviced Plots
• The Master Developer will invest in Phase
Infrastructure, which sets the platform for
serviced plots to be sold for development,
releasing value to the JVLP and Landowner
(LBB)
• The Master Developer will also invest in Strategic
Infrastructure, which provides a wider benefit to
the whole project and adjoining communities. £67
million will be spent on Strategic Infrastructure
alone in the First Phase
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Investing in future Success
As well as installing infrastructure to create
serviced plots and directly release value, the
Master Developer also invests to create a
sustainable economic foundation for the whole
scheme.
This work includes:
• Marketing and enlivenment
• Establishing an Estate Management
Company
• Funding skills training, local transport
improvements, public art