Brent Cross Town to get its first co-living development
Halcyon Development Partners has stepped in to deliver the first co-living scheme at Brent Cross Town in north-west London.
The proposals will be designed by Assael Architecture and funded by DTZ Investors. Upon completion, the development will operate under DTZ’s Folk Co-living brand.
Nik Dyer, associate director for development at Halcyon, said: “Our partnership represents the continued confidence of institutional capital in Halcyon and the co-living sector, but also a first in recognising this accommodation model as an important part of a London masterplan and wider ecosystem of housing delivery.”
Halcyon Development Partners has stepped in to deliver the first co-living scheme at Brent Cross Town in north-west London.
The proposals will be designed by Assael Architecture and funded by DTZ Investors. Upon completion, the development will operate under DTZ’s Folk Co-living brand.
Nik Dyer, associate director for development at Halcyon, said: “Our partnership represents the continued confidence of institutional capital in Halcyon and the co-living sector, but also a first in recognising this accommodation model as an important part of a London masterplan and wider ecosystem of housing delivery.”
The scheme, spanning 300 co-living homes alongside indoor and outdoor communal spaces, forms a part of the wider £8bn, 180-acre regeneration masterplan which is being delivered by Related Argent and Barnet Council.
Seven developments at Brent Cross Town are now underway, with more than 930 homes collectively on site, along with 662 student rooms, in partnership with Fusion Students, and 3 Copper Square, a 239,000 sq ft office tower with flexible retail space at ground-floor level.
Oli Rifkind, executive director at Related Argent, said: “Brent Cross Town is a place for everyone, with co-living the latest addition, joining rental, for-sale, affordable, student and later living homes, set amid parks, playing fields, public squares, a new high street, schools and a business and innovation district to form a vibrant town and flourishing multi-generational community.”
Ross Houston, Barnet Council cabinet member for homes and regeneration, said: “Plans for our first co-living building at Brent Cross Town show our continued commitment to providing housing options at our neighbourhood, while shared-living also helps foster a sense of community among the people that live there.”
Photo © Folk Co-Living and Luke Hayes
