Linkcity Selected as Preferred Bidder for Watling Avenue
Linkcity has been selected as Preferred Bidder by the London Borough of Barnet to develop new homes and community space on the Watling Avenue Car Park site. The new development will bring to Burnt Oak a bespoke Build to Rent scheme of over 300 units, of which 50% will be affordable housing. Linkcity is delighted to be working with the London Borough of Barnet to develop Watling Avenue and help the Council to address the housing need in the borough as well as providing a long-term income stream.
The project will be delivered in partnership with the Council using an income strip deal structure to secure institutional funding. It will incorporate community uses, a public car park, as well as providing enhancements to the landscaped area alongside the Silk Stream. The scheme will be delivered by Linkcity’s sister construction company Bouygues UK, who are expected to start on site next year.
Tom Jackson, Development Director at Linkcity, said: “We are so pleased to have been selected by Barnet for this important project. We are very excited to be partnering with the Council and local stakeholders as we work up our proposals in more detail.”