Willmott Residential has appointed
London’s former deputy mayor for housing, Richard Blakeway, as strategic
advisor to support the company’s growth ambitions of expanding its private sale
and build-to-rent portfolio.
Willmott Residential was formed by
Willmott Dixon in May this year to grow its residential development pipeline.
It has a significant presence in developing homes for sale through Prime Place
and private rent through Be:here, with 7,500 units in construction or pending
development. In addition Willmott Partnership Homes builds 2,000 homes a year
for a client base that includes housing associations, developers and local
authorities.
Richard Blakeway was deputy mayor for
housing at the Greater London Authority (GLA) between 2008-2016, working closely with the then Mayor Boris
Johnson to formulate and deliver London’s housing strategy. After leaving the GLA, he spent a number of
months at No 10 Downing Street advising the Cameron government on housing
policy, applying his experience at the GLA on a national basis.
Estate regeneration in east London with Aberfeldy Village
In his new role, Blakeway will provide
strategic advice to support Willmott Residential’s aim to increase development
volume across London in partnership with local authorities and other land
owners; especially in growing its build for rent business Be:here.
Plans for 560 homes in Woking were given the planning green light in October 2016
Nic Simpkin, chief executive at
Willmott Residential: “Richard brings a tremendous breadth of knowledge
of housing with a proven track-record for unlocking opportunities to deliver
significant numbers of homes while at the GLA. I’m delighted Ric’s experience
is going to play a key role in the next phase of our growth as we target new
land opportunities, including creating a real step change in build for rent
homes, with our next development in Hayes for 118 homes being delivered next
month and developments at Barking and Kew ready to start having obtained
planning consents.”
“Richard will help strengthen
relationships with key partners and we’ll benefit from his insight in planning
and policy across the country. This advice will support our goal to regenerate
more estates and turn brownfield sites into thriving new communities. Ric will also be supporting our efforts to
develop in partnership with local authorities and housing associations on a
more national basis.”
Richard Blakeway will use his experience at the GLA to assist Willmott Residential's growth plans
Richard Blakeway says, “This is a
fantastic opportunity to play an important part in Willmott Residential’s
growth. I’ve been impressed with how its build-for-rent company Be:here has
raised the bar for this emerging asset class and given the huge availability of
institutional investment in money for build-for-rent, coupled with the
significant need, we can really increase the availability of quality homes for
people to rent.”
“They have ambitious plans to help meet
the country’s housing needs and I’m looking forward to working with the
Willmott Residential team to help unlock the potential they have to deliver a
significant quantity of homes.”
The company’s development track record
includes leading the 1,176 home regeneration of Aberfeldy Village in Tower
Hamlets and being Brentford FC’s development partner for its 20,000 seat
stadium and 900 home master plan. Earlier this month, it was also granted
planning for 560 apartments across three landmark towers in Woking.
A CGI of Be:here's build for rent scheme in Barking
Willmott Residential’s Prime Place
brand is also working with Cheshunt School to cross-fund new facilities with 88
homes, and is development partner with Westminster City Council to create new
leisure facilities at no cost to the council by cross-funding the facilities
with 156 homes. Be:here is finalising
the development of 118 homes for private rent at the site of the Old Vinyl
Factory in Hayes and is working with Ealing on cross-funding a 50 metre pool
complex with build-to-rent homes in the borough. Earlier this year, it also
received planning permission for 600 build-to-rent homes in Barking.
Importantly, by combining both Prime
Place and Be:here on developments,
Willmott Residential can accelerate delivery by two years by building
both tenure mixes concurrently to create vibrant communities and places.