Property Development Loan:-Frogmore Property Company Limited has officially submitted an application for the development and extension of the existing Morgan House at the site Morgan House, 17-19 The Mall, Stratford, London, E15 1XB. The detailed approval is still pending for the application of this privately funded project.
Property Development Loan
The development will commence from the second quarter of 2019. The project will be an extension and refurbishment of the existing Morgan House. 3 structures will be developed for the project. The first two structures will rise as high as 20 storeys and 25 storeys respectively. They will consist of 241 one bedroom houses, 225 two bedroom houses and 117 three bedroom houses. The last structure will be 42 storeys high, and it will feature a mixed-use of general and retail offices, with associated passenger lifts and surface car parking areas.
The entire floor area and the site area will be 5845 square meters and 3.065 Ha respectively. A total of 583 units will be developed during the construction of the project. 857 parking spaces will be provided for the residents. Sustainable Homes has given the project 4 stars, while BREEAM Rating has labelled the project as “excellent”.
Allford Hall Monaghan Morris and CB Richard Ellis Limited will join the project as the lead architecture firm and the lead planner firm respectively. The primary landscape architect and Quantity Surveyor will be Gillespies LLP and Alinea Consulting LLP respectively. The consultancy services for the Mechanical and Electrical engineering and Structural engineering will be offered by Cundall Johnston and Partners and AKT 2. The primary Consulting Engineer and the primary Sustainability Consultant will be David Bonnet Associates and Greengage. The management group includes Catalyst Capital LLP, Jackson Coles Head Office and Alinea Consulting LLP.
HZ Associates is always ready for serving real estate developers with the right loan featuring high returns.