Metropolitan Workshop-designed project will include 130 homes next door to tube station
Barnet council has granted planning permission for a 130-home rental scheme which it intends to fund in partnership with investor Aviva Capital Partners.
The Bunns Lane scheme, which was designed by architect Metropolitan Workshop, will be built on a council-owned car park next to Mill Hill Broadway station, with half of the build-to-rent homes intended to be affordable.
Aviva Capital Partners, the in-house capital unit of insurance giant Aviva, will work alongside property development company Stories on the scheme.
It’s the first time the north London council has partnered with an institutional investor of the scale of Aviva Capital Partners, which invests in urban regeneration, housing and infrastructure across the UK.
Sophie White, sector head for regeneration at Aviva Capital Partners, added: “This project demonstrates how institutional capital can support the delivery of better places.”
The design team includes project manager and QS Cast, structural and civil engineer Whitby Wood, and MEP and environmental consultant XCO2.
Construction is expected to begin next year, with completion targeted for 2028.
The scheme has been designed to Passivhaus principles and will be served by exhaust air heat pumps. The design proposals aim to realise a 10% net gain in biodiversity and will include sustainable urban drainage solutions including green roofs and permeable paving.
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