A disused industrial estate in Colindale is set to be converted into much-needed new homes and new business space, after Brent Council's planning committee gave the plans the green light yesterday.
The vacant building on Capitol Way, Colindale, will be demolished to make way for the creation of 414 new homes and a new 4,051 square metre 'work hub.'
In a boost for business, the new hub will provide office space for small and medium sized companies (SME's) and create 217 full time jobs for the area.
Developed by NEAT Developments and Royal London Asset Management with Rolfe Judd Planning as planning advisors, the project includes a series of buildings ranging from three to nine stories and a two storey commercial building.
Cllr Shama Tatler, Brent Council's Cabinet Member for Regeneration, Growth, Employment and Skills, said:
"We're serious about providing the homes that people in the borough need and in our commitment to supporting local businesses, and this scheme will help in delivering those two objectives.
"As well as providing over 400 much-needed new homes for Brent which will help meet housing targets, the new workspace for entrepreneurs, start-ups and local SME's will also help create more than 200 jobs locally.
"The creation of new homes and new jobs on an underused site is great news for our residents and so I very much welcome this decision."