ARGENT RELATED STARTS ON NEXT PHASE OF 1,030 HOME REGENERATION SCHEME IN TOTTENHAM HALE AND APPOINTS HG CONSTRUCTION

Argent Related has started construction on the fourth residential building at its development in the heart of Tottenham Hale and has appointed HG Construction as the main contractor for the new building.

The North Island building will deliver 136 new homes, including 80 shared ownership and 56 market sale. There is 3,000 sq ft of planned commercial space on the ground floor with flexible use for a café, restaurants and shops facing onto Station Road and The Hale, which leads directly to Tottenham Hale station and will benefit from daily footfall.

The construction of the North Island building is part of Argent Related’s Tottenham Hale regeneration scheme which will create a fully-integrated new neighbourhood including over 1,000 new homes, 15 retail spaces, co-working and office space, a new health centre serving 30,000 local people, and three new public squares, all minutes from Tottenham Hale station. The scheme is vital
for the future vision of the area, delivering green spaces, improved road networks and bus station, retail and leisure hubs, as well as affordable housing.

The Tottenham Hale development has received strong sales demand for its first residential building, 1 Ashley Road with over 50% of sales completed. 1 Ashley Road has been designed by Alison Brooks Architects with 183 studios, one, two and three-bedroom apartments, with interior design by Conran and Partners. The demand for homes at the development demonstrates it will be the place to live in London and provides the confidence to continue building through globally challenging times.

North Island has been designed by internationally acclaimed architects Alford Hall Monaghan Morris (AHMM), whose wealth of experience in London reflects a continuing belief in the ability of outstanding architecture to last through time, creating buildings that aim to make a positive and lasting contribution to the city around them. Meanwhile, international landscape architects Grants Associates have been commissioned by Argent Related to conceive the design of new public and green spaces.

Through the construction of the new building, 27 full-time equivalent (FTE) jobs will be created, with local apprenticeship opportunities. This will help upskill and develop local talent and provide hands-on experience. The overall Tottenham Hale development is estimated to generate a monthly average of 630 FTE construction jobs over the four-year programme.

Bringing further local benefits, 1,600 new residents will move into their new homes from 2022. The local household annual spend of these residents is estimated to be £14.5 million, which will support local businesses in the area.

Tom Goodall, Partner and Head of Residential at Argent Related, commented: “We are proud to announce the start of construction on the next phase of the Tottenham Hale development and our partnership with HG Construction. This is a statement of confidence in the London housing market and Argent Related’s ability to deliver at pace the high-quality homes we need to help young people
and families get on the housing ladder in this vibrant and growing part of North London.”

Christopher Benham, CEO of HG Construction, said: “We are delighted to be Argent Related's construction partner for this exciting and innovative scheme and look forward to working together. North Island is a key building block in the wider regeneration of Tottenham Hale, a project which will kickstart the local economy and transform the area into a thriving new destination for
Londoners.”

Formed in 2015, Argent Related is a company which brings together UK developer Argent and USbased Related Companies. Argent is best known for the redevelopment of King’s Cross in London, while Related is the largest privately-owned developer in the United States with experience in virtually every aspect of design, development, acquisitions, management, finance, hospitality
sustainability, and sales. Throughout the build, updates on significant construction milestones will be provided via newsletters and noticeboards situated on the boundary fencing of the site. Construction will continue on site under Covid-secure restrictions.