The Hill Group and Pinnacle Investments’ Dollis Hill Wembley joint venture has exchanged contracts for two sites in Brent, North West London, where it plans to develop 1,934 homes.
The JV acquired the former college sites sites in Wembley and Dollis Hill from United Colleges Group for an undisclosed sum. Plans for the sites include a new campus for the group, plus a range of retail and community facilities, alongside new public green spaces.
The former college campus on Dudden Hill Lane in Dollis Hill has been earmarked for up to 1,627 homes across a series of buildings ranging from four to 28 storeys. The scheme will comprise a range of tenures including build-to-rent, social rent and private sale homes.
The Dollis Hill site will also include retail and commercial facilities, plus extensive green space including podium gardens, private courtyards and more than three acres of landscaped space.
The Wembley development will replace the former College of North West London with two towers standing 18 and 30 storeys, comprising 307 apartments, including 85 for social rent. The plans also include commercial and retail space on the ground floor with a concierge and cycle storage.
These projects are being supported through Hill’s close collaboration with the Greater London Authority (GLA) and Sovereign Network Group (SNG), with the GLA providing grant funding for the affordable homes through its Homes for Londoners Fund.
SNG will provide 154 social rent homes across the developments, helping to meet local social housing needs.
Andy Hill, founder and chief executive of The Hill Group, said: “This significant milestone reaffirms our belief in London as a world-leading city in which to live and work and reflects the strength of our collaboration with Pinnacle and United Colleges Group.
“Together, we are unlocking the potential of these sites to deliver much-needed homes in the capital, while transforming the area to develop new and enhanced public realm and provide essential community amenities that enable sustainable and thriving new neighbourhoods.”
Pinnacle Investments managing director Christopher Turnbull added: “Exchanging contracts marks an important step for our joint venture with Hill and reinforces our commitment to investing in high-quality housing of all tenures where it is most needed.
“These developments will create vibrant, sustainable communities and play a key role in meeting Brent’s housing needs, while also enabling vital investment in education and skills through the delivery of United Colleges Group’s new campus.”
Work on the first phase of the project is expected to begin this spring.
Earlier this year, The Hill Group completed the full refinancing of its revolving credit facility, increasing total committed funding to £300m with the maturity extended to December 2030.
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