CNM Estates (Tolworth Tower) Limited
Kingstons House, 15 Coombe Road, Kingston-Upon-Thames, London, KT2 7AB
Tel: 020 8390 ...
CNM Estates (Tolworth Tower) Limited
Kingstons House, 15 Coombe Road, Kingston-Upon-Thames, London, KT2 7AB
Tel: 020 8390 ...
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PRESS RELEASE - CNM Estates wins planning for Tolworth Tower (002)

Published on: Mar 4, 2016
Source: www.slideshare.net


Transcripts - PRESS RELEASE - CNM Estates wins planning for Tolworth Tower (002)

  • 1. CNM Estates (Tolworth Tower) Limited Kingstons House, 15 Coombe Road, Kingston-Upon-Thames, London, KT2 7AB Tel: 020 8390 9265 www.cnmestates.com Company Registration Number: 09181950 VAT Registration Number: 220614945 Registered Address: 2 Kings Road, London Colney, Hertfordshire, AL2 1EN PRESS RELEASE CNM ESTATES WINS PLANNING PERMISSION FOR TOLWORTH TOWER REGENERATION SCHEME, KINGSTON UPON THAMES 18 January 2016 Kingston upon Thames, London CNM Estates, the community focused property investment and development firm, has been granted planning permission for its refurbishment and development of Tolworth Tower, the iconic modernist tower located in a key area of investment and future growth within the Royal Borough of Kingston Upon Thames. The £300m project will transform the existing, largely vacant, office tower block and its surrounding complex, creating a total of 308 new homes as part of a mixed-use redevelopment, in addition to 78 apartments which are being converted through Permitted Development Rights within the North Tower. The 22-storey Tolworth Tower, designed by Richard Seifert and originally constructed in 1964, will be partly converted from office space to offer 108 new homes plus 68 serviced apartments. A further 200 homes will be constructed to the front of the site in four new buildings that range from five to 19 storeys. The Tower’s remaining office accommodation (a total of 4,920 sq m / 52,959 sq ft) will be upgraded, and 1,000 sq m (10,764 sq ft) of new high quality retail space will be created along Tolworth Broadway. The existing Marks & Spencer Food Hall and Travelodge hotel on site will be retained and upgraded. There will be a £3m capital contribution to offsite affordable housing as well as ten Starter Homes built, in addition to £425,000 to extend the 281 bus route. A total community investment package including affordable housing and public realm works of approximately £15m has been agreed. The comprehensive redevelopment will also include the creation of a new public realm, including an urban park and improved pedestrian and cycle zones, to help better integrate the site to its surrounding areas, in line with the Council’s aspirations.
  • 2. CNM Estates (Tolworth Tower) Limited Kingstons House, 15 Coombe Road, Kingston-Upon-Thames, London, KT2 7AB Tel: 020 8390 9265 www.cnmestates.com Company Registration Number: 09181950 VAT Registration Number: 220614945 Registered Address: 2 Kings Road, London Colney, Hertfordshire, AL2 1EN Wahid Samady, Chairman CNM Estates, says: “We have been working closely with the council, Greater London Authority, Transport for London and local stakeholders to ensure that our proposals re-establish this iconic building as the 21st century hub for the area, which we hope will support the growth and regeneration of Tolworth – an area with huge potential.” Nik Dyer, Development Manager CNM Estates, says “Our projects focus on creating vibrancy, delivering long term community value alongside exciting design, innovation and widespread economic benefit. We assembled a world class team and now have a scheme which will kick start a much needed rejuvenation of the area.” Professional team: Planning consultant: Indigo Planning Architects: CJCT Landscape Architect: Fabrik Transport: TTP Viability: BNP Paribas Political and community consultation: Thorncliffe Cost Consultants: Cube LLP Ends For further information contact: nik.dyer@cnmestates.com www.tolworthtowerregen.co.uk Twitter @CNMEstates For further press information contact: Kitty Jones, Socrates kjones@socratesint.com; +44 (0)20 7384 3437, +44 (0)7776 196653 About CNM Estates CNM Estates sources, funds, develops and delivers high quality homes, student housing, hotel and mixed use developments, working predominantly in and around the London Borough of Kingston and within the M25. CNM Estates has built in depth local knowledge and industry expertise through its hands on management of the entire development process, from site sourcing to concept development, planning, construction and sales. In each project, the CNM Team, working with partners, makes a vital contribution to the regeneration of surrounding areas and improvements to local communities, creating vibrant new surroundings in which people live and work. CNM excels in the assembly of top class professional design teams with a focus on delivering buildings which will stand the test of time, whilst embracing the most up to date sustainable technologies. Since 2004, CNM Estates has obtained planning and developed more than 1.5 million sq ft of high quality residential and mixed use schemes. Current pipeline includes over 20 sites with a mix of residential, hotel and retail units for an expected gross development value (GDV) of over £1 billion. CNM works closely with local stakeholders and communities to deliver high quality projects. It provides ongoing support to Kingston’s Rose Theatre, is a founding donor of Love Kingston and actively supports numerous local interests.

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