Investment opportunities in West London were showcased as part of Real Estate Live UK.
Capital West London Editor Ross Sturley was joined by Jonathan Broderick of Barnet Council, along with Andrew Barry-Purssell of the West London Alliance.
Mr Broderick gave investors an overview of sites across Barnet, including a new 3.7 hectare site in Cricklewood, which is currently where B&Q is based. On the east of the site boundary is Cricklewood Station, which takes passengers to Kings Cross St Pancras in under 15 minutes. To the north of the site is the Brent Cross Regeneration Centre, one of the largest schemes of its kind in Europe, which will significantly change the area.
On the B&Q site, Mr Broderick said: “We’re expecting a mixed-use residential development. It would support 1,000 to 1,500 units – there’s potential for significant growth.”
Mr Barry-Purssell gave an update on the West London Orbital, and asked those attending the session to lend their support for the project to help improve its chances of becoming a reality.
When asked about whether the COVID-19 crisis was causing a delay to the scheme, he said: “It’s too early to tell. The upside of this is everyone is now thinking about recovery, and it’s clear the economy is going to take a hit but infrastructure is going to be part of the answer.
“If we can build support for the project it can be the latter of the two, not the former.”
A recording of this session will be made available shortly on the event’s YouTube channel.