Wandsworth rental development at former Royal Mail depot tops out
A new rental development in South West London has reached completion.
Real estate investor Henderson Park and rental specialist Greystar Real Estate Partners have celebrated the structural completion of the Nine Elms Parkside residential development in Wandsworth.
Located at the former Royal Mail depot site, the site is one of the UK’s largest single-phase build to rent development, with plots B and D at Nine Elms Parkside designed specifically for the rental market.
Comprising two twinned buildings with a total of 894 new homes, the development is set to welcome new residents over an 18 month period from Spring 2022.
Each of the 10 to 17 storey buildings features 12,500 sq ft of amenity space with a rooftop swimming pool, gym, pet spa, children’s play space, private dining rooms, cinema rooms and a sky lounge.
There are two large outdoor terraces, yoga gardens and community herb gardens complete with beehives. The building on plots B and D will also contain 25,000 sq ft of retail and community space for uses such as shops, restaurants and community use.
Gijs Molenaar, managing director at Henderson Park, commented: “This is a significant step in the evolution of our Nine Elms Parkside development, and we look forward to completing the fit out of the apartments and welcoming our first residents next year.
“The project forms part of our wider strategy to develop high quality, purpose built, and professionally managed rental accommodation across London to meet growing demand. We would also like to take this opportunity to thank Wandsworth Council for their help in bringing this project to fruition as part of the broader Nine Elms regeneration.”
Bella Peacock, managing director of asset execution - Europe, Greystar, added: “Our vision for Nine Elms Parkside is coming to fruition and we look forward to unveiling the first apartments next year.
“We have enjoyed a highly successful partnership with Wandsworth Council thanks to their clear vision for the Nine Elms regeneration area and this building will deliver high quality and professionally managed rental housing to the neighbourhood addressing the structural undersupply that exists in London today.
“Nine Elms Parkside has been designed with community at its heart and we hope the new linear park will become a community hub, as we welcome new residents to the area.”
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