23 October 2023
Telford Homes, Peabody, Ridgeback and Angelo Gordon Mark Major Milestone at Capital Interchange Way in Brentford
Telford Homes, in partnership with Peabody, Ridgeback and Angelo Gordon , have marked the topping out of Block A at Capital Interchange Way, a new residential-led mixed-use development in Brentford, West London.
In total, Capital Interchange Way will provide 420 new homes, of which 223 will be for private rental -which includes 12 discounted market rent homes, 112 shared ownership and85 for affordable rent.
Spread across three blocks, the residential elements will deliver a 46 per cent reduction in regulated carbon emissions beyond building regulations requirements Low-carbon, high-efficiency air source heat pumps will provide heat and hot water, as well as energy-efficient building fabric and insulation to minimise heat loss. The scheme also includes 45,000 sq ft of commercial and retail space, designed to achieve a BREEAM ‘Excellent’ environmental and sustainability rating.
Located close to Kew Village, Syon Park, the Royal Botanic Gardens and Chiswick High Street, the development will offer residents a range of amenities right on their doorstep – including gardens and terraces.
Designed by 5PA Architects, the scheme is due to complete towards the end of 2025. Telford Homes has partnered with Ridgeback and Angelo Gordon to fund the BtR elements of the scheme. Peabody received over £7 million in GLA funding for the affordable homes, which they will own and manage.
As well as providing much-needed new homes, the scheme will boost the local economy through new shops and workspace. New public spaces will integrate seamlessly into the ongoing regeneration of Brentford, particularly the new Brentford Community Stadium, which is a few minutes’ walk away. The scheme, working alongside MIT Skills in partnership with Hounslow Council has enabled the creation of 58 new training and employment opportunities on-site and in the wider borough.
Capital Interchange Way has achieved a Considerate Constructor Scheme score of 43/45, demonstrating Telford Homes' commitment to high standards of safety, environmental responsibility, and engagement with the local community.
Anne Kavanagh, CEO of Telford Homes, said: "Today we’re celebrating the dedication and hard work of the entire team and our partners that have helped us reach this significant milestone, and it’s exciting to see it reach its full structural height. Those living here will enjoy high-quality, sustainable homes, attractive landscaped outdoor spaces and an enviable lifestyle thanks to on-site and nearby amenities and great transport links. We look forward to the completion of the development in around two years’ time."
James McMylor, Managing Director London North, at Peabody, said: “This exciting milestone brings these much-needed homes another step closer.
“Alongside our partners, we want to provide homes and places that people love, where they can flourish, and we want to build them sustainably while adding value to communities.
"Capital Interchange Way promises to offer all of that and more, with hundreds of affordable homes, training and job opportunities for local people, and new and improved public spaces that everyone in the community will be able to enjoy.”
Tom Piggott, Senior Development Manager at Ridgeback, said: We’re pleased to see such significant progress at Capital Interchange Way. With a huge shortage of private rental homes in London, our schemes with Telford Homes will provide exceptional apartments with fantastic amenity spaces that establish a welcoming community; all managed through our operating platform, ila.