The aspiration that the Wembley regeneration plans would capitalise on the area's good public transport links and reduce car use seem to have been all but abandoned. The item blow suggests that there will be a multi-storey car park just opposite Wembley Park Station. The amount of affordable housing included in the scheme is kept vague and clearly something that should be closely monitored.
StockMarketWire.com - Schroder Real Estate Investment Trust has received planning permission for its two applications submitted to Brent Council in connection with the Olympic Office Centre in Wembley and the adjoining site.
These comprise an outline consent for a 400,000 sq ft mixed use scheme on the site together with a detailed consent for a new multi-storey car park at the base of the Olympic Office Centre.
Brent's Planning Committee resolved to delegate the agreement of the level of affordable housing and the section 106 agreement to planning officers. As announced earlier this week, the company has agreed to sell a one acre plot, comprising part of its Wembley site, for £7.4m to a wholly owned subsidiary of The UNITE Group
As a result of this planning approval, UNITE will now make a detailed planning application for 200,000 sq ft of student accommodation comprising approximately 684 rooms and ancillary retail. Completion of the disposal to UNITE is conditional upon them achieving a detailed planning permission.
In parallel with UNITE's detailed planning application the company will work up plans for its remaining one acre site that is capable of being developed or sold in isolation. The outline consent for this site totals 200,000 sq ft and permits a range of uses including residential, hotel and offices.
Brent Council's consent is a significant step forward for the company's strategy to maximise value from the substantially non-income producing sites.
StockMarketWire.com - Schroder Real Estate Investment Trust has received planning permission for its two applications submitted to Brent Council in connection with the Olympic Office Centre in Wembley and the adjoining site.
These comprise an outline consent for a 400,000 sq ft mixed use scheme on the site together with a detailed consent for a new multi-storey car park at the base of the Olympic Office Centre.
Brent's Planning Committee resolved to delegate the agreement of the level of affordable housing and the section 106 agreement to planning officers. As announced earlier this week, the company has agreed to sell a one acre plot, comprising part of its Wembley site, for £7.4m to a wholly owned subsidiary of The UNITE Group.
As a result of this planning approval, UNITE will now make a detailed planning application for 200,000 sq ft of student accommodation comprising approximately 684 rooms and ancillary retail. Completion of the disposal to UNITE is conditional upon them achieving a detailed planning permission.
In parallel with UNITE's detailed planning application the company will work up plans for its remaining one acre site that is capable of being developed or sold in isolation. The outline consent for this site totals 200,000 sq ft and permits a range of uses including residential, hotel and offices.
Brent Council's consent is a significant step forward for the company's strategy to maximise value from the substantially non-income producing sites. - See more at: http://www.stockmarketwire.com/article/4672283/Schroder-Real-Estate-gets-approval-for-Wembley-developments.html#sthash.wc1ziPqg.dpuf
These comprise an outline consent for a 400,000 sq ft mixed use scheme on the site together with a detailed consent for a new multi-storey car park at the base of the Olympic Office Centre.
Brent's Planning Committee resolved to delegate the agreement of the level of affordable housing and the section 106 agreement to planning officers. As announced earlier this week, the company has agreed to sell a one acre plot, comprising part of its Wembley site, for £7.4m to a wholly owned subsidiary of The UNITE Group.
As a result of this planning approval, UNITE will now make a detailed planning application for 200,000 sq ft of student accommodation comprising approximately 684 rooms and ancillary retail. Completion of the disposal to UNITE is conditional upon them achieving a detailed planning permission.
In parallel with UNITE's detailed planning application the company will work up plans for its remaining one acre site that is capable of being developed or sold in isolation. The outline consent for this site totals 200,000 sq ft and permits a range of uses including residential, hotel and offices.
Brent Council's consent is a significant step forward for the company's strategy to maximise value from the substantially non-income producing sites. - See more at: http://www.stockmarketwire.com/article/4672283/Schroder-Real-Estate-gets-approval-for-Wembley-developments.html#sthash.wc1ziPqg.dpuf
StockMarketWire.com - Schroder Real Estate Investment Trust has received planning permission for its two applications submitted to Brent Council in connection with the Olympic Office Centre in Wembley and the adjoining site.
These comprise an outline consent for a 400,000 sq ft mixed use scheme on the site together with a detailed consent for a new multi-storey car park at the base of the Olympic Office Centre.
Brent's Planning Committee resolved to delegate the agreement of the level of affordable housing and the section 106 agreement to planning officers. As announced earlier this week, the company has agreed to sell a one acre plot, comprising part of its Wembley site, for £7.4m to a wholly owned subsidiary of The UNITE Group.
As a result of this planning approval, UNITE will now make a detailed planning application for 200,000 sq ft of student accommodation comprising approximately 684 rooms and ancillary retail. Completion of the disposal to UNITE is conditional upon them achieving a detailed planning permission.
In parallel with UNITE's detailed planning application the company will work up plans for its remaining one acre site that is capable of being developed or sold in isolation. The outline consent for this site totals 200,000 sq ft and permits a range of uses including residential, hotel and offices.
Brent Council's consent is a significant step forward for the company's strategy to maximise value from the substantially non-income producing sites. - See more at: http://www.stockmarketwire.com/article/4672283/Schroder-Real-Estate-gets-approval-for-Wembley-developments.html#sthash.R4R2FJg8.dpuf
These comprise an outline consent for a 400,000 sq ft mixed use scheme on the site together with a detailed consent for a new multi-storey car park at the base of the Olympic Office Centre.
Brent's Planning Committee resolved to delegate the agreement of the level of affordable housing and the section 106 agreement to planning officers. As announced earlier this week, the company has agreed to sell a one acre plot, comprising part of its Wembley site, for £7.4m to a wholly owned subsidiary of The UNITE Group.
As a result of this planning approval, UNITE will now make a detailed planning application for 200,000 sq ft of student accommodation comprising approximately 684 rooms and ancillary retail. Completion of the disposal to UNITE is conditional upon them achieving a detailed planning permission.
In parallel with UNITE's detailed planning application the company will work up plans for its remaining one acre site that is capable of being developed or sold in isolation. The outline consent for this site totals 200,000 sq ft and permits a range of uses including residential, hotel and offices.
Brent Council's consent is a significant step forward for the company's strategy to maximise value from the substantially non-income producing sites. - See more at: http://www.stockmarketwire.com/article/4672283/Schroder-Real-Estate-gets-approval-for-Wembley-developments.html#sthash.R4R2FJg8.dpuf