| eastern counties


ADDINGTON SECURES PLANNING FOR NEW MIXED REGENERATION SCHEME A


ddington Capital, in partnership with EPISO, an opportunity fund advised by


Tristan Capital Partners, has received unanimous approval from Harlow Council for an exciting new mixed-use re- generation scheme on part of its Harvey Centre, shopping centre in Harlow. The Little Walk, East Gate, West Gate and Gatehouse area of the centre will be demolished, making room for four new buildings ranging in height from three to sixteen storeys which will provide 447 residential units and circa 4,000 sq m of flexible retail floorspace at ground floor, together with below podium car parking. Above podium, there will be richly landscaped private amenity areas, with shared child play-space incorporated into the design.


This will completely transform the north side of the Town Centre, introducing a new residential community within a series of buildings centred around beautifully landscaped public spaces. A new boulevard shopping area will improve access to the central shopping area of the scheme from the existing West Gate ‘gateway’ into the town. The scheme has been designed by


PIONEER POINT


wing to rising house prices, the age of first-time homeowners has increased to 30 years old, and with high living costs it has never been a better and more popular time to rent in London. While there is already a sizeable rental market, many cite unexpected costs such as bills, service fees and deposits as barriers to the rental market. A professionally managed rental building called Pioneer Point in Ilford is bucking those trends by providing high quality homes with simple billing solutions. The two gleaming, glass towers, located just a three-minute walk from Ilford’s highly connected train station, provide a fresh solution to renting. Gone are the days where you end up renting a small, single bedroom in an oddly configured flat. Instead, Pioneer Point, owned by Kennedy Wilson and managed by Savills, is a residential proposition established solely for those looking to rent. Pioneer Point offers crisp interior design and smartly designed shared space, such as work pods, meeting rooms, a cinema room and even a children’s play area. The apartments come fully furnished and have 24-hour concierge service, secure parking, a gym in the building and nearby transportation links. Pioneer Point is a fully-formed package for those looking to rent in a high-quality development. Residents are also treated to the spectacular vistas of the London skyline, from the City down to Canary Wharf. One- beds start at £310 per week and two-beds start at £360 per week and there are no tenant fees to pay. Ilford itself is perfect for everyone – those from the surrounding area as well as those that commute into the City. It supports a great lifestyle, offering everything from green spaces such as nearby Valentine’s Park – with a venue that hosted the first season of Great British Bake Off – and Ilford Golf Club, to delightful independent restaurants–. Ilford locals can be in the centre of London in less than 30 minutes enjoying the theatre or a night out or they can escape the city to the Essex countryside in equal time.


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out sectors, has taken a 23,800 sq.ft unit at SEGRO Park Rainham. The company has signed a 15 year lease and will take occupation in early spring 2018. It is the first large industrial letting at SEGRO Park Rainham, which will provide a further four large industrial units once complete. The new MEP Hire facility will be well-located adjacent to the A13 and within easy reach of the M25 and Central London. It will support over 30 jobs, and is part of the first phase of the East Plus regeneration programme which could create up to 4,400 jobs for local people in East London. Since launching in partnership with the Greater London


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Authority in 2015, SEGRO has made significant progress in bringing jobs and attracting businesses to the previously under- developed area. In January, SEGRO announced that several local businesses have taken space at its Enterprise Quarter, also at SEGRO Park Rainham, which offers 42 flexible units for start-ups and smaller businesses. Alan Holland, SEGRO’s Business Unit Director Greater


London, said “Signing with MEP Hire at SEGRO Park Rainham delivers quality industrial space and creates employment opportunities in the London Borough of Havering.” “The fact we have secured this long-term commitment


before construction is complete underlines there is dearth of high quality industrial space in East London. We look forward to working with the Greater London Authority and key stakeholders to bring forward further development to meet the needs of retail, logistics and manufacturing businesses in 2018.” East Plus comprises 86 acres of brownfield land across Newham,


Barking & Dagenham and Havering, and is set to deliver 1.4 million sq.ft of modern industrial space over the next 10 years.


COMMERCIAL PROPERTY MONTHLY 2018


Rolfe Judd Architecture. Rolfe Judd Planning advised on the planning application. ‘According to Harlow Council, "The


Town Centre should be more than just a place to shop, but a place to live, work and play; enhancing economic activity,


It is considered that this


redevelopment as a whole would act as a catalyst to draw in additional retail provision and trade, and would activate major regeneration to the north of the Town Centre.


prosperity and wellbeing. It is considered that this redevelopment as a whole would act as a catalyst to draw in additional retail provision and trade, and would activate major regeneration to the north of the Town Centre.’


Martin Roberts, Principal of Addington Capital, who are developing the scheme said: "We are delighted Harlow Council has approved our regeneration scheme. We will be providing nearly 450 new residential homes centred around landscaped public spaces with easy access to open air boulevard shopping. It will transform this part of the town, which has long been in need of such investment. "


Addington and EPISO bought the


Harvey Shopping Centre as part of the Sapphire Portfolio in 2011 and have been refurbishing and improving the shopping centre since that time. The Harvey Centre has benefited with the opening of the Terrace in 2016 anchored by a 25,000 sq ft Cineworld that opened in Christmas 2016 and a number of new leading restaurants brands. The centre has just announced that restaurants Sticky Sisters and Burger Priest are taking new space at the scheme.


SEGRO PARK RAINHAM


EP Hire, which specialises in supplying tools and equipment to the mechanical, electrical, plumbing, and commercial fit-


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