Welcome to the community information evening about Taylor Wimpey Central London s proposed development of Mount Pleasant.

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1 Welcome Welcome to the community information evening about Taylor Wimpey Central London s proposed development of Mount Pleasant. This event provides you with information on the background to the site and the planning permission, details of what has been consented, an overview of the phases and construction timetable, details of the community benefits and next steps. Taylor Wimpey Central London will be developing the two residential-led mixed-use parcels: Phoenix Place and Calthorpe Street. It is also an opportunity for you to meet the project team and ask any questions you might have. This is the first of a series of community engagement events we will be holding during the construction of Mount Pleasant. We hope you find the event useful and informative. Thank you for your interest in the proposals. Proposed development at Mount Pleasant

2 About Taylor Wimpey Central London Taylor Wimpey Central London is an award winning property developer that takes a bespoke approach to creating distinctive properties in central London locations that truly stand out from the crowd. Recent awards include a RIBA award for the architecture at Grand Union Centre, Ladbroke Grove, and highly commended for Best Residential Development at the International Property Awards for The Music Box, Southwark. Taylor Wimpey Central London also invests in the surrounding area to ensure the best quality of life for everyone in and around our developments, now and for the future. Battersea Exchange Fifty Seven East Paddington Exchange The Music Box Previously developed Taylor Wimpey Central London schemes

3 Background Royal Mail obtained planning permission to redevelop part of Mount Pleasant in The planning permission included work taking place on the mail centre itself, in addition to a mixed-use residential led development including new homes, shops, offices, restaurants and public space in two parcels: Phoenix Place and Calthorpe Street. What work is Taylor Wimpey Central London undertaking? Taylor Wimpey Central London will be developing the two parcels at Phoenix Place and Calthorpe Street. Construction work will commence on Phoenix Place later this year. What work is Royal Mail undertaking? Work has now started to separate Royal Mail s operational site, which will continue to operate as usual, from the two parcels that Taylor Wimpey Central London will be developing. The works are scheduled to comprise three phases: An initial phase is underway, which will focus on the internal refurbishment of specific areas within the mail centre building. This is scheduled to be completed in May Work will also commence on the office site of the building along Farringdon Road, to create a new reception entrance for Royal Mail staff. The second phase will commence in May 2018 and is scheduled for completion in June This will comprise works in the basement parking, piling and some structural work. The final phase is expected to be completed in Spring A key element of these works will be the construction of a roof over the existing loading docks to provide visual and acoustic separation between the operations of Royal Mail and the development parcels. This work is being managed by Blue Sky Building on behalf of Royal Mail Group. For further information, please contact: mountpleasant@blueskybuilding.com Taylor Wimpey Central London s two development parcels at Mount Pleasant

4 What s consented The planning permission grants consent for 681 new homes, 163 of which will be available as affordable rented or intermediate homes, as well as commercial spaces and public realm. Phoenix Place Demolition of existing structures Construction of four new buildings ranging from 4 to 15 storeys 345 new homes (82 of which will be either affordable rented or intermediate homes) Over 800sqm of retail and community space Car and cycle parking Public open space Calthorpe Street Demolition of existing structures Construction of six new buildings ranging from 3 to 13 storeys 336 new homes (81 of which will be either affordable rented or intermediate homes) Over 4,000sqm of office space (constructed by Royal Mail) Over 1,400sqm of retail and community space Car and cycle parking Public open space CGI of Phoenix Place site 1 CGI of Phoenix Place site 2 CGI of public open space at Calthorpe Street

5 Phases Phoenix Place Phase one: Commence construction: June 2018 Complete: September 2021 Includes: 214 new homes and new retail space Phase two: Commence construction: May 2020 Complete: September 2022 Includes: 131 new homes and new retail space Calthorpe Street Phase three: Commence construction: July 2021 Complete: June 2022 Includes: 155 new homes and new retail space Phase four: Commence construction: July 2021 Complete: December 2024 Includes: 181 new homes and new retail space The above dates are indicative and will be subject to change. Early site activities are likely to take place prior to June 2018 in preparation for construction activity. Phasing plan

6 Community benefits The development will generate a range of community and economic benefits, through both the Section 106 agreement and through wider investment and job creation. The Section 106 agreement includes the following contributions to the London Borough of Camden and the London Borough of Islington: Phoenix Place (London Borough of Camden): Local employment and skills procurement strategy Training contribution ( 55k) Crossrail contribution ( 74k through Mayoral Community Infrastructure Levy payment) Community facilities contribution ( 658k) Education contribution ( 915k) Health contribution ( 439k) Open space contribution ( 23k) Travel Plan contribution ( 5k) Pedestrian and cycle contribution ( 500k) Calthorpe Street (London Borough of Islington): Crossrail contribution ( 724k through Mayoral Community Infrastructure Levy payment) Employment and training end use contribution ( 47k) TfL contributions towards a new bus stop ( 80k) and cycle hire ( 110k) Legible London information board contribution ( 10k) Other benefits include: Employment opportunities throughout the duration of construction of the development New commercial, retail, leisure and office spaces, generating new employment opportunities New areas of public open space Improved existing public realm, outside of the site boundary Borough and Mayoral Community Infrastructure Levy payment in excess of 13.5m CGI of public open space at Phoenix Place

7 Next steps and how to stay in touch Thank you for taking the time to attend our Mount Pleasant community information evening. There will be further opportunities for you to get involved as the development of the site progresses. The next event we hold will be a consultation on the Construction Management Plan, likely to be held in February More information will be provided in due course. Please visit our website which will be regularly updated with the latest information about the project. You can also register on the website to receive updates. We hope that you found it useful and informative, and look forward to seeing you at our next event. How to stay in touch Freephone: info@twmountpleasant.co.uk Website: twmountpleasant.co.uk

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