Wates Construction has won a Pre-construction Services Agreement (PCSA) to build a luxury later living residence in Hampstead Heath
The later living residence, located in a landscaped woodland setting, will be named ‘The Bishops Avenue’ and will feature 93 apartments across 22,084m2.
The project focuses on an all-electric energy strategy targeting a net zero carbon plan.
Wates will use modern methods of construction to deliver the later living development
Wates will deliver the development, for Riverstone, via modern methods of construction, using precast façade systems, bathroom pods, utility modules and bespoke joinery.
Environmental features will include a nature pond and regenerated historic native woodland, bio-solar roof panels, electric vehicle charging points, heat recovery technology, heightened thermal performance and rainwater harvesting.
The development will include a hair and nail salon, spa with sauna and steam rooms, swimming pool and vitality pool, library, club room, restaurant and bar, cinema, exercise studio and ballroom.
Bespoke on-site professional care with qualified staff will be available to provide support and care to residents should they require it.
Construction will start on The Bishops Avenue scheme in November 2023
The enabling and basement works are scheduled to commence later this month, with the main work commencing in November 2023 for 86 weeks.
Dean Rosewell, regional director, Wates Construction London Residential, said: “This development represents the very best in later living provision, raising the bar for the sector.
What really stands out about The Bishops Avenue scheme is the importance that has been placed on putting future residents at its heart – from first-class facilities to the design of the apartments and communal spaces.
“We are proud to be partnering with Riverstone to bring their ambitious plans for this this luxury later living community to life, drawing from our expertise in delivering complex, high quality and sustainable residential schemes across prime central London locations.”
Paul Vesty, chief development officer of Riverstone, comments: “Our Bishops Avenue residence marks an important milestone for Riverstone as we continue to develop our mix of prime London locations and wide-ranging amenities and expand our expert team to include sector-leading sustainability and social value credentials.
“Our partnership with Wates will enable us to bring our third residence to life in an outstanding location in which we’re confident will see significant demand for this type of exceptional later living offering.”
