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Essay 2 Development Funding and Finance (APRO708) $13.69   Add to cart

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Essay 2 Development Funding and Finance (APRO708)

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Development course work 1

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  • January 18, 2021
  • 13
  • 2020/2021
  • Essay
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Olajide Alade

W1291280




Lyon Triangle
By
Ola & Co

, Olajide Alade

W1291280




LOCALITY
The local area is a large suburban town which is a diverse mix of retail space and residential use,
Harrow is located between Kenton, Northolt and Stanmore. It is an outer London borough but has
very good transport links into London through both underground rail and buses. The residential
aspect is generally very high quality and ranges from 19 th century Georgian houses of Ingleby Drive
to the Mock - Tudor property on Pebworth Estate to the 21 st century style Bradstowe House
development.

Harrow is a complete blend of different characters and histories. This area began development in
1801 coinciding with the opening of the Grand Junction Canal, subsequently Harrow station opened
in 1837 and by 1880 which made it a borough with 2 lines. Development of the area took off after
1884 and the first houses were ready by 1855 and by 1891 there were 481 houses and development
continued till for the First World War where the last area was developed around Sudbury station. A
major wave of building started for working class citizens happened from 1919 to 1925. Population in
1951 and large scale house building was taken on by the council which continued far past the peak
of population.

The office, industrial and civic buildings began in a major way in 1956 to 1960 which was a knock on
effect of increase in a boom in employment at that time. More recently, harrow is a community with
over 10,000 businesses with 91% of the companies employing less than 11 staff, the 3 rd largest
population of millionaires of any London borough. Some of the largest employers in the area are
Lendlease, Racal Acoustics, Wickes and Kodac etc.

The St Ann’s shopping centre was opened in 1987 and has become a focal point of the town for
retail, which is located within 5 minutes of the site with over 40 stores and nearby St George’s
shopping centre with 27 stores. Over 300 m of a fully pedestrianised shopping/cafe streets roads
(north of St Ann's. The site is surrounded by a mix of commercial and residential property which
include Cumberland Hotel, Gayton Central Library, and residential flats like Tapley Court. The nearby
developments range from 3 stories to 5 stories in height.

The site has Public Transport Accessibility Level (PTAL) of 6A and the nearest station is Harrow on
the Hill which runs a national rail service and the metropolitan line, the TFL buses are in huge supply
because there is a bus garage opposite the station. Harrow is also home to Northwick Park hospital
and the university of Westminster harrow campus.

Recent developments have been more geared towards residential buildings in the form of
apartment complexes with many still in the pipeline including a tower block opposite the bus
station. The area hasn’t had any concerted attempt at a major development since the mass house
building in the 20s, individual developers are getting approved with schemes that include a major
retail component. Harrow proper is identified as one of the 11 Metropolitan centres in the London
Plan and also a part of the Harrow and Wealdstone Opportunity Area meaning a lot more
development will be springing up soon as mentioned in The London Plan (2015), Harrow’s Core
Strategy (2012) and Harrow and Wealdstone Area Action Plan (2012).

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