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29 - 02 - 2024

Tri7 and Fusion Group submit planning application on mixed-use London development

Tri7, the specialist UK value-add real estate investment and asset management firm, and its joint venture partner Fusion Group, one of the largest privately owned student accommodation developers and operators in the UK, have submitted a planning application to Haringey Council for a mixed-use scheme in Wood Green, London.

Currently the site of a Mecca Bingo and its car park, the site on Lordship Lane will see the delivery of four buildings of up to nine storeys containing 623 student bedrooms with associated amenity spaces, such as private and social study areas, an on-site library and gym, dedicated relaxation spaces and karaoke rooms, 2 storey atrium garden, as well as a podcast and recording studio.

The development will also provide 77 affordable homes which includes 25 shared ownership apartments, 45 social rent apartments and 7 social rent 5-bed townhouses. The scheme also offers 796 sq m for ground floor town centre use and c. 2,165 sq m of public open space, including children’s play areas and external amenity spaces. 7 5-bed townhouses with private gardens are being provided within the development as a result of engagement with the Haringey’s Housing Team who communicated a growing requirement for affordable large family rooms.

Designed by architects Costorphine & Wright, Tri7 and Fusion Group will target a BREEAM Outstanding and the PBSA building aims to achieve a 41% betterment over Building Regulations Part L. All buildings will employ sustainable technologies and passive measures including biodiverse green roofs, air source heat pumps, PVs to all roofs and natural ventilation.

20 world-class higher education institutions have a campus within 35 minutes of the site by public transport, and cumulatively, these providers cater to a combined c. 223,705 London based students across their campuses.

Samuel Castle, partner at Tri7, said: “London offers a student experience like no other, and with a wealth of universities within striking distance, we’ve long aspired to deliver this scheme alongside our joint venture partners at Fusion Group. Targeting regeneration opportunities in towns and cities with Russell Group universities, the Lordship Lane site fits neatly into our wider investment strategy as we continue to grow our pipeline of developments. Having created our plans in close consultation with the community and the council, we’re eager to continue working with all partners to deliver this brilliant development for students and very much-needed new affordable homes and public space for local residents.”

André Ferdinand, Head of Projects at Fusion Group, said: “As one of the most vibrant neighbourhoods in London and with world-class universities on its doorstep, Haringey has an incredible appeal for students. Our plans for Wood Green epitomise the Fusion offer: truly stunning design, an exceptional student experience with state-of-the-art amenities, and a deep focus on the wellbeing of residents. This is Fusion Group’s first truly mixed use development and we are excited to create a vibrant community for local residents, businesses and students, as well as delivering necessary affordable homes for the local area. We’ve worked closely with Haringey regeneration and planning officers, the council and local residents to bring these plans forward. We are excited to be a key part of delivering their vision for Wood Green and progressing our plans with our partners at Tri7 in order to bring the Fusion experience to Haringey. This is our second London scheme alongside our work with Related Argent in Brent Cross Town and represents our growing ambitions to address the student housing shortage in London.”