Continuing to advise on the London Borough of Barnet on the £4 billion regeneration of Brent Cross Town. Recent milestones include exchanging and completing documentation for the first plots to be developed at Brent Cross Town. This includes the £600 million partnership between Related Argent and Invesco Real Estate to deliver £600 million of GVD - four buildings, totalling c. 800 sale and build to rent homes, Fusion and Cheyne Capital acquiring part of the site to construct a £210 million student development, the construction of 120 affordable homes with L&Q providing new homes for existing secure tenants and leaseholder residents of Norden Point, Clare Point and Whychcote Point in the Whitefield Estate.
In January 2024 Kate advised London Borough of Barnet on the provision of £100 million of mezzanine development funding to Related Argent Property Limited Partnership. The Council funding will support development of the first phase of the Station Quarter business district by part-funding the construction of Plot 1, which is a new office/flexible workspace building next to Brent Cross West station, providing a total of 240,000 sq.ft. on 12 floors. Sheffield Hallam University ("SHU") has already agreed to take the lower six floors at Plot 1 for its new London campus, which is scheduled to open for the 2026/27 academic year. SHU's London campus will deliver long-term economic and social benefits to the borough, and the current aim is for courses to accommodate up to 5,000 students by 2030. Gowling WLG's cross-disciplinary legal team advising the Council also included Gurinder Mann (Real Estate Finance), and Samuel Beighton (Subsidy Control), with team members also working closely with CBRE (advisors to the Council) in relation to referring the loan to the Subsidy Advice Unit.
Acting for TfL on TfL's TTL Properties partnership with Ballymore for the regeneration of Edgware town centre in north London. The partners will redevelop the 7.5 acre Broadwalk Shopping Centre and will include delivery of new homes, improved retail space, improvements to the bus station and garages and create a high street on Station Road.
Acting for TfL and London Underground on the agreement for LUL's interface with the development of the Elephant and Castle shopping centre with Delancey, including the delivery of a new entrance to the Northern Line, with capacity to serve the potential Bakerloo Line extension, as part of a larger (c £1bn) development including a new campus for the University of the Arts London, 500 new homes, a cinema, retail and office space.
Acting for the London Borough of Hammersmith and Fulham on their joint venture with A2 Dominion Developments Limited for the West King Street renewal programme in Hammersmith. It will involve the delivery of new office accommodation for the Council, 204 new homes (52% of which will be affordable), new B1 office, a cinema, shops, café and restaurants and a new public square and improved public realm.
