Deal signed to build homes on former Richmond College campus site in south-west London
London Square and Clarion’s development company Latimer have formed a joint venture to build a 212-home scheme on a former college campus site in south-west London.
The planned scheme, which was given approval in August 2022, will see homes built on the former Richmond upon Thames College site in Egerton Road near Twickenham Stadium.
Demolition of the college blocks is under way and the first homes are expected to complete in 2026.. The scheme will include 108 affordable homes- consisting of 80 for shared ownership and 28 for London affordable rent- and104 for private sale.
Under the deal London Square and Latimer will together develop the scheme and sell the private homes, with Clarion managing the affordable units.
The scheme, known as Twickenham Square, has been designed by BPTW with Levitt Bernstein providing the landscape design.
Adam Lawrence, founder and chief executive at London Square, said: “We look forward to building a really outstanding scheme at Twickenham Square. Our continued partnership with Latimer and Clarion Housing Group means that we will be delivering much-needed affordable homes alongside homes for private sale, all reflecting the outstanding quality and design that London Square is committed to building, irrespective of tenure.”
Richard Cook, group director of development at Clarion said: “his partnership allows us to deliver new affordable housing and the first net zero carbon homes for the local community.”
>>See also: ‘Bigger and complicated is what we enjoy’: an interview with Clarion’s Richard Cook
>>See also: Exclusive: Clarion announces ‘ambitious’ restructure to improve housing management
Established in 2010, London Square is perhaps best known for its Nine Elms development in the south-east of the capital. It is also the owner of Square Roots, a for-profit registered provider of social housing, which posted an £808,000 loss in its first year in business.
In December, London Square was bought by the largest real estate group in Abu Dhabi, Aldar Properties, in a deal worth £230m.
Clarion, which owns 125,000 homes, earlier this month announced a restructure plan to focus on improved housing management and customer service.
No comments yet