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O’Shea buys North Acton site for residential tower.

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Development will include 350 apartments across a range of rental tenures

Property and construction company O’Shea Group has purchased a site for 350 apartments in North Acton, London, Green Street News can reveal.

O’Shea and its development manager Place Group purchased the site earlier this year from Citrus. Place has now signed a Section 106 agreement with the London Borough of Ealing and the Old Oak & Park Royal Development Corporation, paving the way for the development.

The scheme will comprise a 36-storey tower scheme with 350 apartments – across tenures including build-to-rent, London affordable rent, London living rent and discounted market rent – and 5,000 sq ft of commercial.

Place Group will deliver the development through the forward sale of a 10-storey building of 63 units to a housing association and will deliver the 36-storey tower of up to 287 build-to-rent and discounted market rent units itself alongside funding partners.

In addition to its London projects, Place Group is delivering a luxury hotel and estate in North Yorkshire, alongside Galliard Homes and O’Shea, and is actively exploring further opportunities in the living sectors.