The London Borough of Ealing featured prominently again at MIPIM this year, the international property fair in Cannes, France.
The authority’s delegation at the event earlier this month included council leader Julian Bell, Pat Hayes, executive director of regeneration and housing, Lucy Taylor, director of regeneration and planning policy and Noel Rutherford, director of built environment.
Issue five of Ealing in London magazine was launched at the event, showcasing the latest regeneration news and opportunities for development in the borough, reaching to a global audience of investors and developers.
An event featured a presentation on Southall, flagged as London’s next big development, where a £200 million estate regeneration scheme has received council-approval and the town centre is benefitting from a £3.5 million cash injection from the Mayor of London’s regeneration fund.
Hayes spoke at the event, as well as David Lunts, executive director of housing and land at the Greater London Authority, Tony Pidgley, group chairman at developer Berkeley Group and Tom Titherington, director of business development and market intelligence at housing association Catalyst Housing.
Catalyst Housing announced at MIPIM that it has purchased a site in Hanwell, Ealing for £14 million.
Titherington said: “We are now looking at the outline plan and working with Ealing Council to maximise the use of the site to see if we can increase the percentage of affordable housing while maintaining profit levels.
“This is right in the heart of our area of operation, a strategic site linking to our work in Southall a mile away, where we are providing a thousand homes, and it cements our relationship with Ealing as a key multi-tenure development partner.”
A meet-and-great session at the London Pavillion’s Ealing stand was well attended by delegates, who came to hear about opportunities in the borough.
Taylor said: “This year’s MIPIM was hugely valuable for Ealing to profile the regeneration and investment potential in the borough and to talk to key players, both in the public and private sector, about the development opportunities in the borough.
“Ealing Council also promoted its new Broadway Living company which will develop homes in the borough for sale and both private and affordable rent. MIPIM provides the opportunity to have lots of productive meetings, enabling ideas to be formed and developed and information to be shared in a very short space of time.”