Mayor Launches New London Development Panel to Accelerate Homebuilding
By |Published On: 20th August 2018|

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Mayor Launches New London Development Panel to Accelerate Homebuilding

By |Published On: 20th August 2018|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Sadiq Khan, Mayor of London, recently announced his new London Development Panel (LDP), made up of developers, housing associations and contractors, who public bodies can operate with to accelerate housing delivery on sites that they own.

Through the LDP, Transport for London (TfL) intends to bring forward three car park sites in the London Borough of Harrow (Canons Park, Rayners Lane and Tanmore), and will deliver 100% affordable housing within these developments.

City Hall has also purchased a large sector of St Ann’s Hospital in Haringey from the NHS. Plans for the site are being developed with the local council and local community, and this site is expected to be put through the LDP for residential development with at least 50% genuinely affordable housing.

Additionally, the Enfield Council intends to bring forward Meridian One through the new LDP. This site is next to the forthcoming Meridian Water station and will provide up to 725 homes along with 25,000 sq ft of commercial space and leisure facilities.

Furthermore, City Hall is working closely with the council to deliver 35% affordable housing across the entire Meridian Water development.

The Mayor’s draft London Plan identifies capacity for 65,000 new homes a year and Sadiq Khan is using all of his powers to increase the proportion of genuinely affordable home being built in London.

James Murray, Deputy Mayor for Housing & Residential Development, said: “Public land has a vital role to play in tackling the housing crisis, and the new London Development Panel offers public land owners a quicker and more efficient way to bring their sites forward. We want to see it playing an important role in building the homes Londoners so desperately need.”

The Greater London Authority (GLA) as contracted with 29 organisations that make up the panel:

• A2 Dominion
• Be Living
• Bellway
• Berkeley Group
• Barratt
• Catalyst
• Countryside
• Durkan
• Engie Consortium (Engie, HUB and Delancey)
• Galliford Try
• Hadley Property Group
• Higgins
• Hill
• Hyde
• Lendlease
• London and Quadrant Housing Trust
• Morgan Sindall Consortium (Morgan Sindall, Muse and Lovell)
• Native Land
• Notting Hill Genesis
• Optivo
• Peabody
• Pinnacle Group
• Prospect House Consortium (Stanhope, Network Homes and Laing O’Rourke)
• Quintain
• Redrow
• Swan Igloo Consortium (Swan Housing Association and Igloo)
• Telford Homes
• U+I
• United Living
• This new LDP replaces the first London Development Panel which expired in 2017.
• The panel will run for a period of four years, with the potential to extend by one year.
• Over its four-year lifespan it is anticipated that the LDP may be used to procure up to £20billion of Development, measured in GDV.

The LDP can offer:

• A faster way of selecting a development partner compared to other procurement methods;
• A comprehensive range of development services;
• New flexibilities around how panel members an bid in mini-competitions;
• Potential cost savings through its mini-competition process and standardised set of contracts;
• Use for both development and contracting opportunities in Greater London.
• It is available, free of charge, to public landowners and Registered Providers who sign an Access Agreement with the GLA.

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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