Posts tagged Land Securities

Housebuilding set to start on Ebbsfleet residential scheme

Land Securities Group

Land Securities has exchanged contracts with Ward Homes for the sale of 150 residential plots in Ebbsfleet Valley that will kick-start the building of 6,250 homes.

The infrastructure work is set to commence in the summer with the housing construction due to begin in autumn 2013, paving the way for new jobs in the building industry and boosting the trades.

The development will be made up of family houses, located with easy access to Ebbsfleet International Station , which offers high speed domestic services to destinations including Kings Cross St Pancras and Stratford, as well as Eurostar services to Europe.

Emma Cariaga, Development Director at Land Securities, said: “We are delighted to have exchanged contracts with Ward Homes which enables the first stage of our redevelopment in the area.

“This marks the start of an exciting regeneration of the area, which will bring new homes and businesses to the Ebbsfleet Valley region. This represents a significant step forward in relation to the Government’s desire to see economic growth and housing delivery in Kent Thameside”.

Mark Bailey, Managing Director at Ward Homes, said: “Ward Homes is proud to be associated with this unique landmark development and pleased that our local Kent brand was selected as the most appropriate to launch this prestigious site.

“We look forward to working closely with Land Securities and are committed to delivering a quality residential scheme that we are confident will be a highly desirable place to live”.

Land Securities’ boost for UK jobs and the trades

Land Securities has been given the go-ahead to start a £350 million Kingsgate redevelopment that will create 2,500 jobs throughout its construction and boost the trades.

The announcement comes after the Prime Minister, David Cameron, visited the site and showed his support for the project in an attempt to prevent planning levy for local infrastructure being double-charged and cut red tape.

David Cameron said: “Already the changes we are making to the planning system are having an impact, with Land Securities giving the go-ahead to a major multi-million pound investment, supporting thousands of jobs in our construction industry.”

The scheme is designed by Lynch Architects and it comprises of two new buildings: The Zig Zag Building, a 190,000 sq ft office building over 14 floors with a staggered façade; and Kings Gate, a 12 storey residential building comprising 100 apartments.

Both buildings will provide a new and enhanced retail space with 45,000 sq ft of space, together with considerable improvements to the public realm benefitting the wider Victoria area. The buildings are planned to complete in summer 2015.

Robert Noel, Chief Executive of Land Securities said: “It is heartening to know that the Government has listened to the industry and acted to remove some of the uncertainty in the planning process.

“It enables us to progress with developing the former Kingsgate House site and continue to transform Victoria into a distinct and vibrant West End hub where people choose to live, work and visit.

“Our experience with our current developments demonstrates that Victoria is proving attractive to potential occupiers. This project will further add to its appeal.”

The scheme will also provide an affordable housing contribution of £11.6 million which will be directed towards the provision of affordable development in the Westminster area.

What is your reaction to the multi-million development that will pave the way for new trade jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.

Boris gives the go ahead to £320m regeneration scheme

The Mayor of London Boris Johnson and Communities Secretary Erick Pickles have given final approval to a £320 million regeneration scheme in Harrow.

The project will turn the 40-acre strip of land, previously used by the camera company Kodak, and build 985 new homes, a primary school, medical centre as well as shops and offices.

Portfolio holder for regeneration at Hallow Council, Keith Ferry, said he was ‘delighted’ that the project, which was granted panning permission in June, had finally been approved by the Government, paving the way for building work to start in early 2014.

Mr Ferry said: “As a council we are determined to deliver on our promise to regenerate and build the most sustainable community in Harrow and to establish a thriving residential and commercial centre.”

Developer Land Securities estimates the project, which also includes a community centre, student accommodation, and a retirement home, will create up to 1,500 jobs in the construction industry.

Harrow Council said that this development is the biggest in the area and it forms part of the wider Heart of Harrow project, which seeks to create 3,000 new jobs and build 2,500 new homes.

What is your reaction to the multi-million development scheme which has been approved by the government? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.

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