Barratt has partnered with TTL Properties (TTLP), the commercial property company owned by Transport for London (TfL), to develop a £365m residential project in Acton's Bollo Lane. The joint venture will see up to 900 homes, of which half will be affordable, built on the site. Barratt London's Gary Ennis said that the location was advantageous because of its proximity to three stations. The development is part of TfL's efforts to generate additional revenue, which will be reinvested in the transport network. The partnership could also lead to further collaborations on other West London land that TfL owns. Under the deal, TTLP and Barratt will share the profits generated by the joint venture. |
Evening Standard (04/04/2023) |