Dominvs Group, the leading London real estate development and investment group, has received a resolution to grant planning consent from the London Borough of Brent for the £250 million (Gross Development Value) mixed-use regeneration project on the Euro House site in Wembley providing 493 apartments and penthouses, retail outlets and 30,000 sqft / 2,787m2 of makerspace (light industrial/workshops), complete with high quality public realm, canal-like feature and landscaping.
The consented Euro House development is one of the largest residential schemes that Dominvs Group has taken through planning and the consent has achieved significant value-enhancement to the site. The planning application is part of the group’s strategy to diversify into the residential market over the next five years which includes seeking private residential, student, build-to-rent and joint venture opportunities in London and the wider UK.
Located just a few minutes walk from the iconic Wembley Stadium, the adjacent London Designer Outlet retail village, and Wembley Park Underground Station the new Euro House development is designed by multi-award winning architectural practice AHMM (Allford, Hall, Monaghan & Morris).
The 541,564 sqft / 50,313 m2 (GIA) development is located on a freehold 2.8-acre industrial site on Fulton Road, with a former warehouse building and yard set to be replaced by four striking new buildings, rising from 11 to 21 storey, containing one, two and three bedroom apartments of which 98 provide affordable housing and the balance private sale. The prime site falls within the heart of the Wembley Area Action Plan, an 87 acre zone which is being transformed into Wembley Park, a new destination for London providing high quality housing, fashion outlets, restaurants and cafes.
Winners of the RIBA Stirling Prize, and many other awards for architecture and design, AHMM, is led by Managing Director Peter Morris, with the practice renowned for designing contemporary buildings inspired by their local history, and delivering high profile regeneration projects which include the Television Centre, Elephant Park, Stratford City and Royal Arsenal.
Inspired by the grand Edwardian-era mansion buildings and warehouses of Central London and Manhattan, the new buildings in the Euro House project will have elegant brick faces with decorative cladding, expanses of full height glazing, cantilevered and recessed balconies, and large terraces to the penthouses on the upper floors.
The building’s raised ground floors will create spacious and stylish glass fronted foyers to the various buildings, along with bright and airy retail boutiques and other lifestyle and commercial units. There are roofgardens on top of podiums and the buildings will be surrounded by wide pedestrian boulevards, landscaped areas, children’s playspace and gardens.
Another aspect of the project will be to transform Wealdstone Brook, a tributary of the River Brent, into a new canal-like feature within the development, increasing its naturalisation and biodiversity, whilst also creating a pleasant amenity for future residents and visitors. The development will have more than 900 cycle parking spaces, cyclist friendly pathways and pedestrian boulevards, supporting Brent’s aspirations for providing sustainable transport solutions in the area. The flagship London development has been designed to achieve a BREEAM Excellent rating.
Husnell Ahluwalia, Director of Dominvs Group said, “Dominvs Group is delighted that the flagship £250 million mixed-use regeneration project on the Euro House site has received planning consent. With this consent Dominvs Group has achieved significant value-enhancement to the site, which once developed, will be one of the largest urban regeneration schemes in Wembley Park, a leisure and retail destination which had over 20 million visitors last year.
“The new Euro House development will provide high quality housing, retail and makerspace units and is on the doorstep of the iconic Wembley Stadium and the adjacent London Designer Outlet retail village, which has over 7 million visitors per annum and is one of the most popular designer outlet villages in the UK.”
Husnell Ahluwalia, Director of Dominvs Group added, “The timing of this planning consent on the Euro House development in Wembley Park has been perfect, co-inciding with the announcement and introduction of a COVID-19 vaccine.
“There has been a strong return of confidence that by Spring 2021 we will start to see a return to normality, which will unlock significant pent-up buyer demand in the London housing market, and Dominvs Group now has a major consented scheme on this site ready for a strong market.”