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New Wembley Park development announced

Planning officials in the capital have given the go ahead to a new and ambitious development as part of phase two of the Wembley Park scheme.In total, the project will witness the construction of 475 new residential properties at the site, with 433 of this number to be made available for private sale and the remainder to be put up for rent once completed.It promises to be a vibrant and exciting new area for the local community to enjoy, with the plans for the scheme including not just new housing to meet the growing demand for homes in the area, but also a multitude of green spaces for inhabitants and visitors alike to enjoy.It follows the opening of an array of new amenities for the area in October, including 15 new restaurants, a nine-screen cinema complex and the new London Designer Outlet.Maxwell James, chief executive of Quintain, commented: "Londoners want to live in a neighbourhood with soul as well as excellent amenities."With a century of history as a leisure destination, two iconic world-class entertainment venues, London's only designer outlet and Bond Street within 20 minutes by Tube, this new development at Wembley Park will be unique in London and highly attractive to those seeking a great place to live."In total, the company owns 8.5 million sq ft of development space at the Wembley Park site and following the completion of phase one of the scheme earlier this just 1.8 million sq ft have so far been updated.It is hoped that the project will go a long way towards boosting the number of new homes available for Londoners over the coming years, especially as the population of the capital is predicted to rise by an additional ten million people by 2030.Construction of the new homes is now set to get underway by mid next year, with an initial completion date for the project set for 2016. 

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