Polyteck and Northridge Capital have formed a joint venture agreement which will see the development of a multi-million pound mixed use commercial and residential scheme in East Dulwich.
The £14m development, known as 18-22 Grove Vale, will consist of 20 new build apartments and 7000 sq.ft. of commercial, retail, and library space, adjacent to East Dulwich Station.
It will include a mixture of 1, 2 and 3 bedroom private apartments – all built to life time homes and code level 4 standards. The ground and basement commercial space will be let on a long-term lease to Marks and Spencer, with an additional commercial space to house a library to deliver the council requirement in the area.
The scheme is the first joint venture between the companies and will be finished in April 2018. Private units are currently being launched for sale.