£130M Wembley Park contract awarded
Quintain has awarded a £130M contract to deliver a fourth development at Wembley Park to McLaren, taking the overall value of McLaren’s projects at the site to £302M.
The new contract will see the development of plots NW09 and NW10, comprising three distinct blocks that will provide 396 build-to-rent homes plus 1,000sq m of ground floor retail space, and 1,200sq m which has been earmarked for a GP surgery.
The development will include 117 properties available for discounted market rent, which will account for nearly 30% of the net internal area of the residential provision. The transformation of 85-acre Wembley Park will bring 8,500 much-needed homes to the borough, a third of which will be affordable and the majority available for rent rather than for sale.
The NW09/10 development will include a range of amenity spaces for residents including a large private landscaped garden at the heart of the development featuring a children’s play area. The development will include secure parking spaces for residents as well as cycle storage.
John Butten, McLaren’s Managing Director – Major Projects, commented: “This is fantastic news for McLaren, and we are pleased to have been awarded our fourth project at Wembley Park. It is a great achievement, showcasing McLaren’s continuous growth in these large-scale projects and our great customer relationships. We are delighted to continue working with Quintain to ensure this project is delivered successfully, further enhancing the area for local residents.”
Matt Voyce, Quintain’s Executive Director of Construction, commented: “We are delighted to have the McLaren team on board to deliver their fourth project at Wembley Park. We look forward to continuing the transformation of the 85-acre site by delivering thousands more homes, retail and office space and continuing our strong relationship with McLaren through our construction framework.”
Main construction works are underway at plot NW09/10 and are due to complete in the summer of 2022.
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