The Residential Land Team at JLL has been instructed by Wandsworth Borough Council to advise on a high profile two phase regeneration project involving key Council assets located to the east of Garratt Lane, SW18.
The Local Authority has selected JLL to lead the marketing and procurement programme to select a development partner to work alongside the Council and deliver a comprehensive residential led mixed use scheme comprising approximately 150 residential units including affordable housing as well as new retail accommodation and a brand new GP surgery.
JLL will provide holistic advice across a number of service lines including Residential Agency, CPO, Valuation and Planning to ensure the procurement programme is run in an efficient and timely manner. It is anticipated that the opportunity will be formally launched to the market this summer.
Thomas Stevenson, Director in JLL’s Residential Land Team and who will be leading on the project at JLL comments: “This is a significant regeneration project in South London and is a fantastic opportunity to redevelop prominent sites in a manner which accords with the Council’s regeneration aspirations, while simultaneously maximising the opportunity for the Local Authority. This project will set a benchmark for design standards in this location and transform the local area.”
A Council spokesman said: "JLL will be providing the Council with support and advice to ensure its ambitious proposals for the improvements to this area are delivered as quickly and effectively as possible."