CatalystWireBeta

Agreement signed to deliver 575 mixed tenure homes

In brief · summary, not quotable

Vistry contracted to construct 575 mixed-tenure homes at Merrick Place, Ealing for £157m.

  • Contract value £157m
  • Homes to be delivered 575
  • Bicycle parking spaces 926
Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your VTY notes

Vistry Group has been selected by Sovereign Network Group to construct and deliver a 100% Partner Funded scheme at Merrick Place in Ealing worth £157m. This innovative, residential-led scheme will create 575 new mixed-tenure homes along with commercial floorspace across four separate buildings, and will include affordable homes for rent, shared ownership and PRS. The development will be a car-free zone, featuring 926 designated spaces for bicycle parking and two dedicated servicing bays, located on Merrick Road.

Greg Fitzgerald, chief executive of Vistry Group, said:

"We are delighted to be appointed on this fantastic new development in Ealing working with one of our established partners. Not only are we bringing forward 575 much-needed new mixed-tenure homes for the local community, but the scheme is also facilitating new job and apprenticeship opportunities for local residents. We are proud to be playing a key part in the innovative ambitions for the transformational regeneration of Ealing and to extend our work with the newly merged Sovereign Network Group".

David Gooch, executive director of development for London and Herts at SNG, said:

"The Merrick Place project in Ealing is a flagship scheme within SNG's London New Homes Programme. We are delighted to have contracted with Countryside Partnerships who are also our Joint Venture Partner at Northwick Park Hospital in Brent. Together these two projects will deliver over 1,100 high quality new homes in North West London."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note