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The agreement paves the way for construction of an opening tranche of 195 rental flats, marking Grainger’s first BTR partnership with a major housebuilder.
The first phase has secured detailed planning consent and Gateway 2 approval from the Building Safety Regulator, clearing the way for work to begin within weeks.
Detailed high-rise flats plan submitted for plot 3a
The wider Bollo Lane scheme is being brought forward by a partnership between Barratt Redrow and Transport for London. It will consist of a dozen blocks running along a ribbon site next to tube line tracks at Acton in West London.
The planned second phase will deliver around 450 homes with a third phase delivering around 250 homes.
Further land to the north in Acton, which could be incorporated into the partnership, could deliver a new facility for the London Transport Museum together with a further 800 homes.
As well as delivering new homes and public realm improvements, both TfL and Barratt Redrow will seek to deliver new educational and job opportunities for those considering a career in the construction industry, including for those who live locally, through apprenticeships and training programmes.