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11/05/2022

Vistry Partnerships Wins £128m Deal

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Vistry Partnerships has scooped a £128 million deal from LGIM Real Assets (Legal & General) to construct 480 new homes on a former Homebase site in Wandsworth, London.

Constructed over five new buildings, the development will also create more than 15,000 sq ft of mixed-use space, with retail, office and community uses. The redevelopment will significantly improve the local area, and existing public realm, providing new play areas, communal spaces, alongside new landscaping and a civic square outside a proposed new station entrance to Wandsworth Town station. The executive architect is Hawkins Brown.

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The Homebase site extends the platform of work between Vistry Partnerships and Legal & General.

The brownfield site presents a range of regeneration challenges; it is bordered by Wandsworth Town railway station, main railway lines into London Waterloo Station, and a dual carriageway.

Construction work has recently commenced and is planned to complete in Spring 2024.

The proposals have been designed to support Legal & General’s New Acres, Wandsworth masterplan which will transform the former Homebase and B&Q sites. The sites are one of Legal & General’s five BTR schemes in London and will deliver more than 1,000 homes, 35% of which will be affordable, as well as over 60,000 sq ft of commercial space.

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