Skip to content
Saturday 25 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,736.23
+0.91%
DAX
25,099.00
+1.36%
CAC 40
8,372.28
+0.88%
STOXX 50
6,280.94
+1.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 18 January 2021 7:28 am  |  Updated:  Monday 18 January 2021 7:29 am

Housing secretary upholds approval of £250m Richmond urban village

By: Angharad Carrick

Add as a preferred source on Google
Property developer Avanton has been granted permission to start work on a 453-home urban village in Richmond.

The housing secretary has granted property developer Avanton the go-ahead for a new 453-home urban village in Richmond. 

Avanton acquired the site in 2018 but its planning permission was initially refused by Richmond Council the following year. 

Mayor of London Sadiq Khan intervened to grant permission in October 2020 after Avanton announced plans to make 173 of the 453 apartments affordable. 

Given the number of local interest, the scheme was referred to the housing secretary who has said he does not want to block the application and it is in the hands of Khan. 

That the decision should be determined by the Mayor and Greater London Authority means planning approval stands. 

“This site is well-connected, under-utilised, previously developed land that is exactly the kind of site we need to intensify if we are to develop in a sustainable manner, protect the green belt, and deliver the homes Londoners need,” Khan said.

Construction on the 4.45 acre development, formerly a Homebase site, will begin this summer and take two and a half years. 

Existing buildings will be demolished and replaced with four buildings between four and 11 storeys high, designed by Assael Architecture.

“Avanton is delighted that the new urban-village in RIchmond hasbeen granted the go-ahead with the Secretary of State upholding the Mayor of London’s planning approval,” a spokesperson for the company said.

“Avanton’s new urban-village will create a collection of high quality private sale homes and will also have a transformative effect on access to affordable housing in Richmond, providing the same as the total number of new affordable homes that have been delivered in the entire borough over the last three years.” 

Alongside the Richmond development, Avanton will start work on its new 1,152-home Ruby Triangle development on Old Kent Road in March. 

Read more

Housebuilders urge Rayner to ‘hit the ground running’ and rip up planning red tape

Angela Rayner, Deputy Leader of the Labour Party, smiling in glasses at an event with camera crew and lighting

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Property

Related Topics

  • London business

Trending Articles

  • BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’

  • Wise denied US banking licence in blow to expansion plans

  • Regulator flags BDO’s ‘unacceptable’ audit issues for fifth year in a row 

  • Housebuilder hits a wall: How did Vistry become the UK’s most shorted stock?

  • Scotch whisky sales are falling, but what’s really behind the decline?

More from City PM

  • Housebuilders urge Rayner to ‘hit the ground running’ and rip up planning red tape

    Property
    Angela Rayner, Deputy Leader of the Labour Party, smiling in glasses at an event with camera crew and lighting
  • Richard Desmond puts £1bn Westferry development up for sale

    Property
    Richard Desmond's legal battle against Gambling Commission opened at High Court. Photo by Peter Macdiarmid/Getty Images
  • Would a Burnham premiership deepen the North-South housing divide?

    Property
    Andy Burnham returns to Parliament
  • London house prices fall again as property slowdown drags on

    Property
    Two people looking at real estate listings in an estate agents window, showcasing properties for sale.
  • Which shadowy MoD figures are blocking London’s secret new town?

    Opinion
    Northolt airfield runway with military aircraft in the background under a clear sky, highlighting aviation activity and in...
  • House prices rise as mortgage rates ease from Iran war highs

    Property
    Starmer plans to build up to 12 new towns.
  • Barratt Redrow urges Burnham to slash tax to boost housebuilders

    Property
    Barratt and Redrow partnership announcement showcasing executives shaking hands in a modern office setting
  • Miliband opponents pour cold water on Chancellor hopes

    Politics
    Ed Miliband outside Downing Street
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook