Canada Israel and Avanton have submitted plans to build a £250 million resi-led mixed-use scheme in Wembley in London. The 2.5 acre site, which is called Stonebridge Place, will include 515 build-to-rent homes, 35% of which will be affordable, as well as commercial space, a gym and a cafe.
The plan is to regenerate the area on Harrow Road, south of Wembley Stadium and next to Stonebridge Park tube station, to provide new homes but also landscaped gardens, a civic square, a green pedestrian boulevard that will link all the buildings, children’s playgrounds and new water features including a new riverside walkway.
Canada Israel, an Israel-based developer, owns the land, while Avanton will act as project consultant and development manager. London-based architects Patel Taylor will be responsible for the masterplan and landscape design.
Of the 515 new homes in the development 341 will be for market sale and 15% will be allocated for affordable housing, with 57 shared ownership and 117 affordable rent homes.
“This proposed residential-led development at Wembley Point is a major urban regeneration project that will create a new destination for South Wembley”, said Gil Selzer, Managing Director, Canada Israel UK. “Stonebridge Place marks the next step in Canada Israel’s international expansion plans and in building a strong real estate presence in the London property market”.
The project includes three buildings, with the tallest being a 32-storey triangular tower with glass and green terracotta façade providing 266 one, two and three-bedroom market sale apartments over a double-height lobby with flexible commercial space.
The second building will rise from 10 to 20 storeys, will have a glass and beige brick façade with balconies and provide 249 mixed-tenure homes and flexible commercial space, with a large podium garden at first floor level.
The third building will be three storeys high, with a glass and black terracotta façade, and it will have a café as well as provide a new boxing gym for the Stonebridge Boxing Club, a local sports-led charity.
The planning application follows significant local community and stakeholder consultation undertaken in the last four years and marks the second phase of the regeneration of the site.
In January this year Canada Israel and Avanton completed WEM Tower London, the development of an existing 21-storey office tower originally built in 1965, which has been transformed into a residential building with 439 new apartments.