The partnership is the largest investment and development opportunity Harrow has seen and will create a thriving Wealdstone high street that generates apprenticeships, training and wealth in the borough.
The project will transform the landscape of Wealdstone, building 1,500 new homes, including a significant number of affordable homes, a new civic centre, shops, offices, and a school, as well as public and green spaces.
The partnership will work with hundreds of young people at schools and colleges across the borough to provide school curriculum support and help raise aspirations; invest in employment, skills and training initiatives including providing construction training for over 130 unemployed adults to help kick-start their careers; and deliver 220 apprenticeships.
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Local businesses will also benefit a spend close to £100 million with Harrow businesses will help the local economy while a Pop-Up Business School session will support the growth of existing local businesses and start-ups.
Location of all three sites to be developed through HSDP
Cllr Graham Henson, Leader of Harrow Council said: "During these difficult times it is important to have something to look forward to our ambitious plans will give families an affordable place to call home, create jobs for local people, build a new Council HQ, and re-energise Wealdstone town centre.
"Through our partnership with Wates we have a once in a lifetime opportunity to make a real and lasting difference to the lives of our residents and boost the local economy. Now is the right time to redevelop these three sites and build a better Harrow for our residents and businesses."
The announcement comes 15 months after the north-west London local authority launched their search for a development partner.
Cllr Keith Ferry, Cabinet Member for Regeneration at Harrow Council, said: "When we launched our search last summer, we were looking for a partner with the experience, expertise and commitment to deliver these projects and to share our aspirations for what we believe Wealdstone can become. We have found that in Wates."
Kate Ives, Development Director for Wates Residential, said: "Wates Residential is delighted to have been chosen as Harrow Council’s partner to help deliver its ambitious vision to Build a Better Harrow. We look forward to working with the Council as we build more than 1,500 much-needed high-quality homes and a new civic centre at the heart of the local community."
