Green light for £50m Old Oak resi tower

Developer Fruition Properties has got the green light for a 20-storey residential tower at London’s Old Oak and Park Royal regeneration site.New building will act as a gateway site to the 650 hectare regeneration zoneThe 2 Scrubs Lane development has been part funded by Propio, the innovative crowdfunding investment platform, and will also include a new church, nursery and community facilities.Design and build contractor A29, which partners Fruition on its scheme will start work in early 2019, with completion estimated for 2021.Designed by Stiff + Trevillion architects, the approved development is situated on the north-eastern entrance to the 650 hectare regeneration zone and will provide a total of 85 new homes comprising one, two and three bedroom apartments.Around 35% will be for London Living Rent and 16 for Shared Ownership.The result marks a significant success for both Fruition Properties and the Old Oak and Park Royal Development Corporation, in line with the vision for the area which will deliver more than 25,500 new homes, with vastly increased connectivity thanks to Elizabeth Line and HS2.It is the only area in London where the two transport lines will meet, providing the required infrastructure for this exciting new neighbourhood.