Ballymore and supermarket giant Sainsbury’s have formed a partnership to develop up to 2,800 homes, retail space, community amenities and workspace on an 18 acre canalside site at Ladbroke Grove in West London.
The regeneration project also includes a new 130,000 sq ft Sainsbury’s store.
“Partnerships like this one show the type of innovative approach needed to tackle London’s housing shortage,” said Sean Mulryan, Chairman and Group Chief Executive of Ballymore.
”We are pleased to be a step closer to submitting an application and realising our ambitions of a mixed-use scheme that will transform the area. We’ve commenced early consultation with local stakeholders and look forward to hearing directly from local people how they envisage the future site can best suit the needs of the local community,” he added.
Patrick Dunne, Sainsbury’s Property Director, said: “This agreement, which is the result of many years of hard work and commitment across our businesses, represents a momentous opportunity to deliver an exciting new vision for Ladbroke Grove.”
”We have a proud history of serving the local community and are committed to engaging with our customers and residents throughout this project, which will play a substantial role in the revitalisation of the area.”