The development pipeline in Richmond itself is limited, with very few schemes under construction currently.
Development in the area is typified by small-scale, niche schemes such as the redevelopment of Richmond Brewery Stores, which was used as Britain’s first poppy factory in the 1920s. Originally a bottling factory, the site on Petersham Road by boutique developer Banda will deliver seven residential apartments with commercial units at ground floor level.
One of the area’s larger developments currently under construction is London Square’s Grade II listed The Star and Garter site on Richmond Hill which will deliver 86 residential units. There is more development activity in the areas surrounding Richmond, however overall the development pipeline in the borough of Richmond upon Thames is on a much smaller scale than other London boroughs.
In neighbouring Ham, Latchmere House has planning permission for 57 private units. Used as a hospital during World War One, an interrogation base during World War Two and most recently a young offenders’ institute until 2011, the site on the edge of Richmond Park has been in many news stories due to its interesting history.
Nearby, Teddington Riverside is a 4.5-acre site owned by City Developments and Dartmouth Capital Advisors, which has planning permission for 220 private residential units due to launch later this year. St James’ Brewery Wharf in Twickenham has 110 homes due to complete by the end of 2016.
These developments are expected to appeal to a wide range of buyers and tenants who are attracted to the unique sites and properties on offer, further adding to the strong demand already seen in Richmond and surrounding areas.
