UK: Folk coliving brand, backed by DTZ Investors and Halcyon Development Partners, has secured planning for 352 studios at Brent Cross Town, marking the first coliving scheme in the £8 billion regeneration project.
Planning permission has been granted for the first co-living homes at Brent Cross Town, as Halcyon Development Partners and DTZ Investors’ Folk Co-living Fund move ahead with a 352-studio scheme designed by Assael Architecture.
The development will be located close to Merchant Street and Neighbourhood Square, minutes from Brent Cross West station.
Amenities will include co-working areas, wellness facilities, roof terraces, and a shared residents’ kitchen.
This project marks the fourth Folk coliving scheme in London and aims to establish a new benchmark for shared living.
It also supports Brent Cross Town’s wider vision for an intergenerational community, which includes build-to-rent, retirement living, affordable housing, student accommodation and homes for sale.
The 180-acre regeneration, delivered by Related Argent and Barnet Council, will eventually deliver 6,700 homes, 3 million square feet of offices, retail, schools and 50 acres of green space.
Around 3,000 people are expected to live in the neighbourhood by the end of the year.
Oli Rifkind, executive director, Related Argent said: “These co-living homes are integral to our vision of creating an exciting new town with a range of home options for Londoners. By incorporating varied types of living spaces, we aim to create a dynamic and inclusive community that caters to different needs and lifestyles.”
Nik Dyer, development director at Halcyon, said: “The development combines our learnings and experience from previous developments to create a truly outstanding co-living offer for future residents. Our co-living units will add to the vibrant emerging living offer in this new London neighbourhood; an exemplar of what can be achieved through successful and collaborative masterplanning.”
Chris Saunders, fund director at DTZ Investors said: “By incorporating actual, real-time resident data, feedback and operational experience from our portfolio into the design of the scheme, this next Folk asset will set a new standard for purpose-built shared-living and make a significant contribution to the diversity of residential offering at Brent Cross Town.”
Councillor Ross Houston, Barnet Council Cabinet Member for homes and regeneration, said: “Plans for our first co-living building at Brent Cross Town show our continued commitment to providing a range of housing options at our emerging neighbourhood, whilst shared-living also helps foster a sense of community amongst the people that live there.”
Highlights:
-
Planning permission has been granted for Brent Cross Town’s first coliving development.
-
Halcyon and DTZ Investors have partnered to deliver 352 studios under their Folk brand.
-
The coliving scheme has been designed by Assael Architecture and will be managed by Folk.
-
The development has marked the fourth collaboration between Halcyon and DTZ Investors.
-
Amenities including co-working spaces, a wellness spa, and rooftop kitchen have been incorporated into the plans.
