Landsec has reached practical completion at the 118-122 Wardour Street affordable homes site in the heart of Soho. Dolphin Living will now take the site over having purchased the long leasehold last year.

The high-quality refurbishment of the existing property offers eight one-bedroom apartments for Intermediate Rent, helping to meet Westminster's affordable housing needs.

Landsec acquired the buildings in June 2018 to fulfil its obligation to provide affordable housing for its office-led development, Lucent.

David Heaford, Managing Director - Development, Landsec, commented: “Through our development pipeline, we’re focused on creating inclusive spaces that make a positive contribution to the communities they serve. Thanks to our partnership with Dolphin Living we’re able to bring much needed affordable housing to the Westminster area as part of our Lucent development. This is the second affordable housing scheme we’ve created in the borough, both of which add significant value to the local community and the capital’s long term success.”

Olivia Harris, Chief Executive of Dolphin Living, said: “Partnering with Landsec has allowed us to create much-needed intermediate rental housing in the central London district of Soho, which is in short supply. There is significant demand for intermediate housing to rent and delivering inclusive and affordable spaces is crucial to attracting and retaining workers in high residential value areas.”

Completion

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