Major residential development planned in London

The construction contractor company, McLaren, have been appointed to a new residential development at on 101 Cleveland Street, on London’s Fitzrovia, which includes 15 affordable housing units.The project is a joint venture, at the commissioning level, between three companies: Art-Invest Real Estate UK, the German real estate developer ECE, and Dukelease Properties, at a cost of £190M.The development will include the aforementioned 15 affordable housing units, 88 luxury apartments and 35,000sq ft of commercial space with completion of the major development scheduled for some time in 2021.Developers are aiming to achieve the lofty ‘BREEAM Excellent’ accreditation with the demolition and substructure works being undertaken by the company, Erith, while the main construction works will not be carried out while early 2020.The McLaren Group was established back in 2001 and covers a range of companies within the construction, property investment, and development fields, covering commercial offices, mixed-use buildings, residential, retail, education, logistics, hotels, and leisure.