NuGen Properties

Network Rail and TfL hook up for land development drive


London Bridge station has already seen a lot of development around it

TfL’s commercial property company, TTL Properties, and Network Rail have formed a partnership  that is aiming to see 20,000 new homes built on their land in the capital over the next decade.

Network Rail and TfL have more than 600 stations between them in London, as well as extensive retail, office and operational portfolios. Collectively, they own almost 14,000 acres of land across the capital. While most is needed for transport operations, there are still reckoned to be significant development opportunities.

Network Rail group property director Robin Dobson said: “This is a landmark moment for the capital, to see our two organisations build a partnership together. Jointly working with local authorities, this will benefit London’s communities, and businesses to drive economic growth. We look forward to working closely with key stakeholders to accelerate development delivery which over the coming decade will provide a positive impact for the region.”

TTL Properties chief executive Graeme Craig said: “As two of the most significant landowners in London, it makes perfect sense for our organisations to work together. We are looking to combine our efforts to deliver more homes, with a focus on affordable housing, and with great social impact that benefits local communities as well. We are fully focused on the extensive potential that our partnership will unlock as our teams begin to work together on improving the capital for all.”

TTL Properties already has more than 1,750 homes under construction and more than 250 completed. Work is forecast to start this financial year on eight additional TTL sites that will eventually result in a further 2,650 homes.

Got a story? Email [email protected]



Source link


Customer Reviews

Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Google
Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

Google
NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Google
Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Google
Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Google
Great firm to communicate with fast and good quality work.