Vistry Group PLC (LON:VTY) 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.”
