Work has started on the installation of the cladding panels at The Residence, Nine Elms - Thames Gateway’s latest development. This is a huge milestone for the Bellway Home project, with a lot of effort having gone into the procurement, design and coordination of the package. The panel installation that was made off site in Belgium, will now see swift progress on the façade to the West parcel and enable internal fit out to start immediately.
K2’s role has been to provide development & project management services, to lead the team and provide commercial input into cost planning and procurement. In addition, K2's role includes the management of all the infrastructure works, securing the service connections, approvals from Network Rail and LUL and working with the wider area to secure power capacity and a district-wide heating network. Our role includes reviewing the overall sales specification, agreements with the commercial tenants and advising how to maximise the development returns.
Matthew Loughlin, K2 Director said:
'We are delighted to be involved in this significant project. This is one of the largest single development of its kind and will have a marked benefit on the city’s residents, creating employment as well as establishing the benchmark for comfort class living for its residents. We look forward to the coming years’ progress.”
The Nine Elms development project involves the demolition of existing buildings and redevelopment of the site to provide 2 new 19 storey buildings on Ponton Road, SW8. The Residence will deliver over 500 much needed new homes in the capital. It is a collection of one, two, three and four bedroom homes, planned over several phases and due for completion in 2017. The exciting new development aims at bringing new retail and lifestyle opportunities to the area.
The first phase comprises 513 residential units including affordable housing and PRS, 2475 m² of commercial / community floor space, together with associated car parking, open space, landscaping and infrastructure works. The Second Phase will provide for a further 349 units.
The project is the largest single development delivered, not only, by Thames Gateway Division but by the entire Bellway Group; as such it is a highly strategic and important development which will be built to a high specification and design, providing a benchmark for future major developments. Its location at the centre of the Nine Elms Vauxhall Regeneration zone has made the challenges even larger.
Of the 510 new homes at The Residence, 76 will be affordable and there is also the potential to deliver rare private rented accommodation. Undercroft car and cycle parking will be available to residents, 10% of which will be dedicated to disabled drivers, and electric car charging points will be provided.
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