Khan approves 2000-home Grahame Park
The Greater London Authority has approved Notting Hill Genesis’ plans for more than 2,000 homes at the Grahame Park estate regeneration.
Khan’s green light comes more than two years after he rejected the scheme for lack of social rented housing.
Notting Hill Genesis will invest £700m, including £35m of its own balance sheet funds, to develop 2,088 homes over the next 15 years.
The Greater London Authority has approved Notting Hill Genesis’ plans for more than 2,000 homes at the Grahame Park estate regeneration.
Khan’s green light comes more than two years after he rejected the scheme for lack of social rented housing.
Notting Hill Genesis will invest £700m, including £35m of its own balance sheet funds, to develop 2,088 homes over the next 15 years.
It follows 209 affordable homes in the first phase, which was given the nod from Barnet Council in March.
Later phases will provide a further 1,045 affordable homes, equating to 50% of the total units, with 346 social rented homes and 699 shared ownership homes.
NHG chief executive Kate Davies said: “Since the mayor of London’s decision on the previous plan in 2018, we’ve worked very closely with Barnet Council, the mayor and local residents to ensure designs met the aspirations of everyone involved and this decision is the culmination of those efforts.”
Barnet Council leader Dan Thomas added: “As one of London’s largest boroughs, with a population forecast to increase by more than 30,000 over the next 15 years, it is essential that we build for Barnet’s future.”
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