Tables keep turning at The Old Vinyl Factory
by James Wood Tue 16 September 2014, 3:39 pm
Outline planning permission has been granted for Phase Two of development at the Old Vinyl Factory in Hayes.
The housing developer for the scheme, HUB, has since exchanged contracts with Cathedral Group and Development Securities for the homes, which are being built on two sites, known as the Material Store and the Boiler Room. Detailed planning permission was granted for the latter earlier in 2014.
The scheme is one of the largest regeneration projects in west London, and will eventually deliver more than 630 homes and 70,000sq m of commercial space – featuring a cinema, museum, restaurant complex, shops and bars.
Phase One, which features 132 homes at the Gateford Building, and is being brought forward by Invesco and Willmott Dixon, is currently under construction.
The scheme also includes the Central Research Laboratory – the redevelopment of the former Record Store building – which will become the UK’s first incubator service to help develop hi-tech manufacturing entrepreneurs, combining research and development space with commercial training, mentoring, a small-batch production facility and seed-funding.
The scheme will benefit from the proposed Crossrail connection at Hayes and Harlington station and is predicted to generate 4,000 jobs by 2022.
Richard Upton, CEO of Cathedral Group, said: “We are delighted to bring a company with HUB’s experience and reputation on to the project’s delivery team. Since we and our partners at Development Securities first acquired the site in 2011, we have taken care to rediscover its past as well as make great plans for the future.”
The scheme is inspired by the industrial heritage of the site. Steve Sanham, development director at HUB residential, said: “The Old Vinyl Factory is exactly the kind of scheme that we are proud to be a part of – regenerating a classic part of London’s history, with a development that will give a huge amount back to the local community and London as a whole.
“London needs more projects like this, demonstrating close work between local residents, local authorities and developers, bringing to the market much needed high-quality homes and creating interesting new places where people want to live.”