Wates wins £161.5m deal for 633 new homes

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Wates Construction has won a £161.5m contract to build 633 new homes at Wembley Park, including 347 build to rent properties and 286 affordable homes

Quintain, the developer behind the transformation of Wembley Park, has awarded the contract, for twin plots E01 and E02. It is the largest ever awarded to Wates on a single site, and marks a total of £1.7bn worth of construction contracts given by Quintain at Wembley Park.

The E01 and E02 development, located off Olympic Way, will deliver 633 residential homes across private rented, affordable rented, intermediate for sale, intermediate rented tenures.

Of these, 347 will be build to rent and managed by Quintain’s rental management business, Tipi and will include state of the art residential living, with interiors by Fossey Arora and partnerships with Samsung, Kohler and John Lewis to supply appliances, brassware and furniture.

Quintain, who are delivering the massive 85-acre regeneration at Wembley Park, has already successfully delivered 1,400 homes, London Designer Outlet, the Hilton London Wembley Hotel and the reconfiguration and refurbishment of the Grade II listed Wembley Arena (now the SSE Arena, Wembley).

Matt Voyce, Executive Director of Construction Quintain said: “We are delighted to have awarded the contract for E01 and E02 to Wates.

“We continue to deliver Wembley Park at pace, with 3,100 homes currently under construction and an astonishing 22 tower cranes now on site.

“This latest contract marks an exciting phase in the development, helping to bring forward 633 much needed new homes at Wembley Park. We look forward to working with Wates on this project.”

Mark Tant, Managing Director, Wates Construction London Residential added:  “We’re pleased to announce our appointment to this latest stage of construction work and our continued partnership with developer, Quintain, taking the total number of apartments to be delivered by Wates at Wembley Park to over 1,300.

“This contract further demonstrates our expertise in delivering large-scale residential projects that add to the changing landscape of the capital.

“This also gives us further opportunity to continue our local community investment plan, supporting local schools and colleges with their career development, site tours and work experience as well as undertaking projects for the local community as part of our Reshaping Tomorrow commitments.”

Construction on E01 and E02 is due to complete in 2020.

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