A £170m partnership has been formed to build more than 400 new homes in Hounslow.
Catalyst and Redrow Homes have entered into a partnership agreement in order to deliver a mixed-use scheme of one, two and three bedroom apartments and include a high percentage of affordable housing.
The site is located on Brentford and alongside the new homes, the proposals also include commercial office and retail space. The borough of Hounslow is a gateway to the UK and has one of London’s strongest performing economies. Brentford, located on the Golden Mile, is currently undergoing a transformation with a number of huge regeneration projects underway.
The new partnership is a 50:50 contractual agreement between Redrow Homes and ‘Catalyst by Design’, a subsidiary of Catalyst. Together, the pair will take the proposals through planning, development and delivery, with Redrow managing the construction of the scheme.
Keith Parrett, Regional Chief Executive for Redrow London, commented: “Redrow is very pleased to be working in partnership with Catalyst on this exciting proposed project in Brentford. Brentford is currently receiving significant inward investment with the construction of the new football stadium recently commencing and the plans underway for the Great West Corridor. We look forward with our partners, to contributing hundreds of new homes, offices and other amenities in the coming years.”
Rod Cahill, Chief Executive of Catalyst, said: “By working in partnership with Redrow homes, we can deliver even more affordable homes for Hounslow and for London. We can’t wait to get started on this scheme and look forward to welcoming our first residents.”
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