Barratt London to Deliver Massive Bollo Lane Development
TfL signs partnership with firm that could build 1,700 flats locally
Visualisation of how Bollo Lane would look on completion of development
April 3, 2023
TfL has announced that it is to partner with Barratt London to develop its massive housing scheme along Bollo Lane.
The move suggests there may be action soon on the stalled project which was approved by Ealing Council over two years ago despite over 600 objections.
The development, which will include up to 900 flats in towers up to 25 storeys high, was given planning permission in January 2021.
TfL’s wholly owned commercial property company, TTL Properties Ltd (TTLP), has entered into a joint venture partnership with Barratt London which could also develop other sites including one nearby at the London Transport Museum Depot.
The company was selected as the partner after a competitive tender in which bidders were assessed on technical capability and commercial performance. Barratt London will be the majority shareholder in the partnership with 51% of the shares. The company will purchase TfL’s interest in the Bollo Lane site and develop it directly using equity and debt to fund the cost.
The development will be delivered in three phases with the first phase comprising 195 build to rent units in Bollo Brook House, the tallest building in the scheme at the end closest to Chiswick. There will be 450 more flats in the second phase and 250 in the third phase. The joint venture is initially only taking over TfL’s interest in the sites on which the first two phases are located. It will take over the third site only after the approval of a business plan by TfL.
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 flats. The joint venture partnership could develop other TfL sites across west London with a potential of thousands of new flats being constructed from TfL’s remaining landbank. TTLP currently has more than 3,750 housing units under construction and more than 350 already completed.
Visualisation from TfL of Bollo Brook House
Tom Copley, Deputy Mayor for Housing said, “This new development in Acton will provide affordable housing for hundreds of families and is a great example of how TfL land can be used to deliver much needed homes for Londoners.
“The new commercial space, as well as the green spaces and new walking and cycling areas will benefit not just the new residents but all those who live and work in the area.”
Gary Ennis, Regional Managing Director of Barratt London & Southern Regions, said, “There are exciting regeneration plans in and around Bollo Lane that will see the creation of new public spaces as well as new commercial opportunities for local businesses in West London.
“The regeneration of this site will be an exciting addition to South Acton and will bring much needed new homes to the area, with 50 per cent affordable housing. Its positive impact will be felt in Acton and Ealing with the delivery of jobs and homes for local residents, as well as enabling access to open space for the wider community and those that visit the area.
“The site benefits from excellent transport links being close to three stations. Future buyers are attracted by both the great connections into central London and the amenities of the local area including the easy access to a great number of green spaces, parks and nature reserves.
“We are proud to be continuing our partnership with Transport for London following the success of our joint venture at Blackhorse View, Walthamstow and the start of construction of our site at Wembley Park.”
Some initial enabling works have already been undertaken at the site and the main works are anticipated to start inwinter 2023. TfL originally it stated that construction of all three phases would take five years to complete.
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