Londonewcastle, the private London property developer, has been appointed by Royal London Asset Management (RLAM) as development manager on its Hurlingham Retail Park site in Fulham, London.
The initial brief is to design a scheme that maximises the value of the site and secures a deliverable planning consent.
The 2.5 acre site is close to Hurlingham Park and is one of the few remaining large, centrally located riverside regeneration sites along the river. Proposals are being worked up to obtain planning permission for a new, landmark residential-led mixed-use development including approximately 300 residential apartments set around a central landscaped garden with riverside retail and leisure.
A planning application is currently being drawn up for submission to Hammersmith & Fulham council.
David Barnett, chief executive of Londonewcastle, says: "This is an exciting opportunity for Londonewcastle to work with a major UK institution on a prestigious site on the River Thames. We are a specialist London developer with a track record of adding maximum value to property assets. “
Drew Watkins, senior fund manager at Royal London Asset Management, says: “After a thorough selection process we are delighted to be appointing Londonewcastle as development manager. The business has a track record of successful delivery and we have a shared vision for the potential of the site.”
Hopkins has been selected as architect for the scheme with CBRE as development agents and project managers.