Mount Anvil’s Atlip Road scheme is the only successful West London bidder for HCA support in round one of the Kickstart programme.
Kickstart is designed to get stalled schemes moving by adding HCA cash to the project cashflow. Atlip Road will now receive £3.2m to get it moving again.
Mount Anvil’s scheme in Alperton was designed by Dexter Moren Architects. The unsuccessful West London schemes – those that applied for round one Kickstart funding, but have not been approved, are Rayners Lane Phase E (Home Group), High Point Village Hayes (Ballymore Properties) and Ickenham Park (Formerly RAF West Ruislip – CALA Ventures). They are not alone. Of the 270 schemes to apply nationwide, only 91 were approved, with a further 63 granted subject to conditions, making a total of £207m approved by the HCA.
Many of the unsuccessful schemes have reapplied for round two of Kickstart, for which bids need to be submitted by October 19. Those who fell foul of the ‘must complete in 2011’ criterion may be successful simply because round two allows completion in 2012.
See previous coverage.