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Development will include 350 apartments across a range of rental tenures
What O’Shea and development manager Place Group are bringing forward 350 homes in North Acton
Why Portal Place site has been purchased and Section 106 signed, with the council to enable the scheme
What next Place Group is seeking further living sector opportunities
Property and construction company O’Shea 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 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-story 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 unit to a housing association, and will deliver the 36-storey tower of up of 287 buils-to-rent and discounted market rent units itself alongside funding partners.
O’Shea and Galliard are building 500 homes at Wickside, recently purchased by Sable Capital Partners.
Portal Place is aiming to achieve a minimum EPC B rating and at least a 35% reduction in operational emissions on site, including a connection to the OPDC’s planned District Heat Network.
This marks Place Group’s second build-to-rent project in London, following its ongoing 500-unit Wickside development in Hackney. Completion is expected in 2027.
Rory O’Connor, executive chairman at O’Shea said: ‘Our commitment to quality, sustainability, and community engagement will shape an iconic addition to North Acton’s skyline. The OPDC’s plans will be transformative to the area already benefiting from excellent transport links with nearby Elizabeth line and underground service. Old Oak Common will make North Acton one of the best-located but affordable neighbourhoods in London”.
Tom Linscott, head of development, at Place Group, added: “The acquisition of this gateway site, and it subsequent re-planning to incorporate the best practice fire safety requirements, represents a crucial step forward to North Action’s regeneration. We look forward to maximising the opportunity to create jobs and much-needed homes for London residents within the Old Oak and Park Royal Opportunity Area”.
O’Shea was previously involved in the development and construction of the of the adjacent 54-storey development, One West Point, in conjunction with City & Docklands, which reached practical completion in 2022.
There have been a number of consented schemes in North Acton area, including from Imperial College and Downing, The projects contributed to Old Oak & Park Royal Development Corporation’s 20-year plan to deliver 22,350 new homes in the area.
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.
