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Galliford Try Partnerships signs agreement with Ealing Council for £275 million scheme

Regeneration specialist Galliford Try Partnerships has signed a development agreement with Ealing Council to create a £275 million mixed-use scheme at Perceval House.

The development will be comprised of 470 new homes, council headquarters, a new library and customer services centre and new retail premises, as well as residential and commercial parking areas. 50% of the residential space will be affordable homes, with more than half of these offered at social rent and London living rent prices, while the sale of the land and residential units will offset the construction costs of the new headquarters.

Commenting on the plans, leader of Ealing Council Julian Bell said: “Our offices are in a key town centre location, but at the moment we aren’t making the best use of this important site. These plans will deliver much needed genuinely affordable homes in our town centre, supporting our pledge of 2,500 new homes. At no cost to the council, it will also provide us with a brand-new customer service centre and library, and a smaller, more modern and cheaper to maintain and run office block.”

Chief executive of Galliford Try Partnerships, Stephen Teagle, stated: “[The scheme] will make a significant contribution of affordable homes to the borough and will also provide a range of retail and commercial benefits. Our London team is currently working on a number of major regeneration projects throughout the capital and we look forward to using this expertise here in Ealing.”

The scheme should be completed by 2025, subject to planning approval.

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.

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