Reef Group and Blackrock Real Assets secure planning approval for £1bn mixed-use scheme in Chiswick

Fourth Mile, a joint venture between Reef Group and Blackrock Real Assets and designed by Benoy, has been approved by Hounslow Borough Council paving the way for the cutting-edge mixed-use scheme to be delivered.

Fourth Mile will have the world’s first integrated technology showcase, a dedicated events and exhibition space for leading automotive brands to demonstrate future innovation and advances in technology, including electric and autonomous vehicles. The space will enable car manufacturers and big tech firms to highlight new and sustainable technologies focused on the future of mobility and transport. Reflecting a shift in consumer habits the showcase will be an experience focused forum for people to immerse themselves in the new technologies and experience smart vehicles first-hand.

Fourth Mile, will blend technology, living and design to create a pioneering new destination in Chiswick. The showcase is supported by a luxury 197 bed hotel, 234 apartments and vibrant square with associated retail and leisure.

The 234 new homes will be a mix of studios, one-, two- and three-bedroom apartments, including a 40% affordable housing contribution of which 65% will be family sized units, ensuring that the housing mix aligns with need in the local area. The affordable apartments will be set at London Living Rents, exceeding requirements set out in the London Plan. All future residents of Fourth Mile will have a mix of private and communal outdoor space.

Sustainability is at the forefront of the design and construction of Fourth Mile. Low carbon technologies have been incorporated into the plans, including onsite micro power generation, ground and air source pumps, solar panels, rainwater capturing, the provision of electric vehicle charging and green walls and roofs. The residential elements of Fourth Mile will achieve carbon neutrality in operation and the technology showcase is targeting BREEAM outstanding.

Stewart Deering, chief executive at Reef Group, commented, “Fourth Mile is a pioneering new scheme, which will see essential new homes side by side with companies that are leading the way in automotive technology and innovation. The scheme is set to become a vibrant mixed-use development underpinned by principles of sustainability. We have worked closely with the London Borough of Hounslow to get to this stage and look forward to continuing to work with them and the local community through delivery.”

Fourth Mile is located adjacent to the Great West Road (M4) a key artery in and out of London. As part of the planning approval a £3.2 million contribution will be made towards improvements at nearby Gunnersbury Station and Kew Bridge Station, as well as enhancements to local bus services and other sustainable travel measures.

The development has the potential to create in excess of 350 jobs during the construction phase, including apprenticeship opportunities, and once operational a further 790 full time jobs are expected to be created.