A highly prestigious event, these awards are considered the ‘Oscars’ of the property industry, with some of the UK’s most established and recognised developers in attendance. Competing against such a high standard of competition, Pinnacle Group is delighted the landmark regeneration scheme has been recognised yet again.
The regeneration scheme will provide a total of 808 new build homes, 146 of which are Shared Ownership, and the modernisation and refurbishment of 172 existing homes. The five year project is being run by a consortium of partners including Oval Quarter Developments, Regenter, John Laing, Lambeth Council, Higgins Construction, Pinnacle PSG, Rydon, Notting Hill Housing and E.ON.
Jeremy Marcus, Director at Higgins Homes commented: “This award marks an important milestone in our development timeline and reflects the dedication and hard work of the partnership team to create an outstanding product. We hope that providing such high quality homes, green space and new community facilities will help transform the area and re-invigorate the community. I would like to thank everybody involved for making this development such a success.”
The project has also been a catalyst in establishing a new community. The entire scheme covers a total of 12.5 hectares, 7.2 of which are to include landscaped parkland and community gardens, reminiscent of London’s celebrated ‘squares’. A new, state of the art community centre sits at the heart of the development with floor to ceiling glass windows, open plan layout and high specification interiors. The centre will house a café, and become the central hub for a nursery, after school clubs and a venue for residents’ and public meetings.
Oval Quarter’s thoughtful design and community focused approach has been described as: “a new neighbourhood, being built according to garden city design principles with low-rise blocks and lots of open space”.