UK Purpose Built Rental Housing Development
Mixed Use, Multifamily
Grenan Square, Greenford, London
UB6 0FT United KingdomThe Greenford Quay development is a vibrant mixed-use and well-managed neighbourhood on the banks of the historic Grand Union canal. Greystar acquired the former GlaxoSmithKline and Sunblest Bakery sites in January 2016, and has consulted extensively with Ealing Council, the Greater London Authority, local businesses, residents, and other stakeholders to develop proposals for modern canal-side living in the heart of Greenford — and bring the formerly derelict 20.3-acre site back to life.
With approximately 185,000 sf of lettable commercial space and copious community floor space, the development creates a wealth of new amenities for residents and the local community, including shops, a supermarket, restaurants, cafes, offices, open spaces, and new connections through Greenford, including the reopening of Berkeley Avenue and a new pedestrian bridge over the Grand Union Canal. The project also includes a new two form entry Primary School and accommodation for a new on-site healthcare facility.
Europe Investment Management Leader
The Greenford Quay development provides new homes predominately designed and built for rent. The proposals include 1,965 purpose-designed and purpose-built new homes, comprising studios, one-, two-, and three-bedroom apartments across seven main buildings. A total of 1,439 homes will be available for rent from Greystar, with 526 additional homes available for sale. There will also be appropriate levels of affordable housing, comprising a mix of discount market rent and shared ownership opportunities.