Rund Partnership’s exceptional consultancy services have helped Grainger plc secure a £141 million deal to forward fund and acquire a major Build to Rent (BTR) scheme at Merrick Place in Southall.
Grainger plc is forward funding 401 homes within three blocks operating as a standalone Build to Rent development, as part of a wider 575-home scheme delivered by Network Homes. We have been providing thorough Technical Due Diligence services for Grainger plc prior to its acquisition, helping ensure Merrick Place meets stringent technical and operational requirements.
As works progress at Merrick Place, in addition to continuing our Technical Due Diligence and Monitoring Surveying services for Grainger plc, we will also be providing Clerk of Works services for Network Homes. The scheme marks the housing association’s largest ever single build project, in which it will retain an 100% affordable housing 22-storey building. 2,100sqm of office space and 318sqm of flexible commercial floorspace will also be created at the site, alongside communal gardens, and public realm space.
Phil Smith, Associate Director at Rund Partnership commented: “Merrick Place is a substantial project which is set to answer multiple housing needs in the capital. The scheme is perfectly placed to offer the highest quality standards to both prospective renters and those in need of affordable housing, as it delivers exceptionally designed homes and a range of amenities. Our track record in delivering quality in construction across BTR and affordable housing projects will help ensure Merrick Place delivers its premium quality promise across all homes.”
Attention to detail and strong collaboration have been key while delivering our Technical Due Diligence services at Merrick Place. Our services to date have included a thorough review of all site-specific technical and design information, as well as build contract documents. We have also worked closely alongside Grainger plc’s internal teams and legal advisors, helping ensure key risks across the full lifecycle of the building have been identified and mitigated within contractual agreements from the project outset.
As Monitoring Surveyor, we will also ensure Grainger plc is kept fully informed of project progress and risks throughout all stages of the development, so that confidence in the project is assured. This includes regular site visits, attendance at monthly progress meetings and the development of detailed progress reports.
The innovative residential-led scheme calls for quality management that is second-to-none, as it promises to help meet London’s demand for more high-quality housing and kickstart a wider regeneration scheme for Southall over the next decade. Our Clerk of Works service with Network Homes will ensure first-hand that correct building specifications are being delivered to the highest quality in respect of design, safety, workmanship, and installation.