West Hendon Broadway was formerly a site of an old public house and in its later years a restaurant. The development of 43 apartments and commercial space as well as highways improvements is in the London Borough of Barnet.
The Section 106 required only 7 units to be delivered as affordable homes however Oakwater partnered with a commercial developer and structured the transaction to deliver all the units as affordable homes to a Registered Provider.
Electric Quarter, so named to honour Joseph Swan who lived in the nearby High Street is a development of 167 homes, commercial and retail space on the site of the former Middlesex University Campus. This regeneration of the High Street will deliver a new library, retail and nursery offering to this previously run-down area of Ponders End.
Oakwater Projects partnered with Lovell to identify a suitable Registered Provider to deliver the 52 affordable homes deliverable under the S106 requirements for the scheme.