The green light has been given to a new major mixed-use build to rent development in Barking, east London.
Planning approval for the redevelopment of Trocoll House was secured by McBains on behalf of PATRIZIA AG for the development of a 150,000 sq ft commuter-belt scheme comprising 92 one-bed and 106 two-bed apartments with views over Canary Wharf.
Immediately to the north of Barking rail and underground station, the existing Trocoll House site currently houses a two-storey car park and a six-storey commercial building, comprising commercial offices above a JD Wetherspoon public house, which will be replaced by a new pub unit for them as part of the redevelopment plans.
The existing site will be completely demolished and then redeveloped to make way for apartments which will include a number of bolt-on amenities, including residential lounge spaces, communal terraces, reading hubs, co-working spaces, games rooms, social areas and a children's play space for residents.
Mark Leeson, Operations Director, McBains, said:
“Trocoll House is PATRIZIA’s first Build to Rent investment in London, and will be one of the most significant developments in Barking to date.
“As people adapt to the ‘new normal’ and spend more time both living and working at home, they are increasingly wanting more from their living spaces. Trocoll House will deliver this on both fronts. McBains is delighted to continue our track record of providing innovative residences that respond to the ever-changing needs of residents.”
McBains has already overseen the development of similar innovative living spaces, including the £115m Delancey and Oakmayne Properties Elephant Road development in the Elephant and Castle regeneration zone which will complete this autumn, comprising 373 rental units, retail units, restaurants and a cinema.
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