Royal London to develop £196m resi in Colindale

Royal London Asset Management and Neat Developments have gained approval to develop a £196m residential scheme at Capitol Industrial Park in Colindale, NW9. Brent Council has approved plans for 501 flats in six buildings of up to 12 storeys on the four-acre site. The scheme comprises 361 private market flats and 140 flats at London affordable rent and shared-ownership tenures, and 45,600 sq ft of ground-floor commercial space.   Plans were scaled up from initial proposals of 441 flats in 2017, to boost the number of affordable homes. The site contains a warehouse that has been vacant for eight years, but was previously occupied by data management company Recall. Royal London and Neat previously collaborated on the nearby TNQ development comprising 460 flats, which have recently been completed, to the east of the site. To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette