Green light given for redevelopment at 1-8 Capitol Way
Plans brought forward by NEAT Developments and Royal London Asset Management to convert a disused industrial estate in Colindale into a much-needed new homes and new business space have been approved by Brent Council.
It comes after Brent Council’s Planning Committee resolved to grant consent for the proposals on Wednesday 14th March.
The vacant building on Capitol Way is now set to be demolished to make way for a series of buildings ranging from three to nine stories and a two storey commercial building, which will include the creation of 414 new homes and a new 'work hub’. A third of the homes with be affordable.
The new hub will provide office space for SME’s in the borough and is expected to create over 200 jobs.
Commenting on the application being approved by the Council, the Cabinet Member for Regeneration, Growth, Employment and Skills at Brent Council, Councillor Shama Tatler, said:
"We're serious about providing the homes that people in the borough need and in our commitment to supporting local businesses, and this scheme will help in delivering those two objectives…As well as providing over 400 much-needed new homes for Brent which will help meet housing targets, the new workspace for entrepreneurs, start-ups and local SME's will also help create more than 200 jobs locally…The creation of new homes and new jobs on an underused site is great news for our residents and so I very much welcome this decision."
Meanwhile, NEAT Developments have stated that they “look forward to delivering a high-quality development” in the borough:
“After working closely with officers at Brent Council and members of the local community in Colindale we are delighted that our proposals for the redevelopment of 1 – 8 Capitol Way have been approved by the Planning Committee. We look forward to delivering a high-quality development that is well designed and will provide significant economic benefits for the local area”.